Equity Monday: TechCrunch goes Yahoo while welding robots raise $56M
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 3 May 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Equity is brought to you by Extra Crunch, that Prodigious Tech Ranch Paywell you keep running into. |
| 0:05.0 | You can break through that Paywell at a steep discount if you use the promo code Equity. |
| 0:09.0 | If you do, you'll get access to our best stuff and you'll make Equity look really good internally at the same time. |
| 0:13.5 | Enough of that, let's start the show. Good morning and welcome to Equity's Monday episode, our weekly primer |
| 0:29.7 | where we catch up on the news and as always explore the numbers behind the headlines. |
| 0:34.7 | My name is Alex Wilhelm. |
| 0:35.9 | Today is May 3rd 2021 and it is going to be a gorgeous day out here in the Northeastern |
| 0:41.4 | United States. |
| 0:42.4 | From my desk to your ears, it is going to be a busy and exciting week. |
| 0:46.4 | There should be more IPO news, including this morning, an update that FlyWire, |
| 0:50.4 | a Boston-based payments company, is going public. |
| 0:53.0 | We also have earnings from Uber, Lyft, Twillio, PayPal, |
| 0:56.6 | Square, Dropbox, and others. |
| 0:59.0 | So if you care about the on-demand economy, |
| 1:01.2 | API delivered products, FinTech, or how legacy storage providers are trying to become something a little bit more. It's your week. |
| 1:07.4 | However, with that, let's talk about the last two days. |
| 1:10.1 | All right, so the weekend, well, while the Tech Ranch crew waited to hear more about |
| 1:16.8 | our impending sale to Private Equity Group Apollo, quite a lot happened. |
| 1:20.9 | So here's a rundown of the Tech News that you need to know about. First up, Dell announced that it will sell |
| 1:25.8 | boome, that's B-O-O-M-I, to private equity groups Francisco partners and T-P-G. The deal is valued at 4 billion inclusive of existing debt. |
| 1:34.3 | Now, you don't really need to know what Boome does, is systems integration or something like that, |
| 1:39.2 | blah, whatever. What does matter is that this is the second time in the last couple of weeks |
... |
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