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Equity

Equity Monday: Who still loves fintech?

Equity

TechCrunch

News, Business, Entrepreneurship, Business News, Technology

4.2372 Ratings

🗓️ 27 February 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Alex is back! After taking some time to learn how to care for tiny humans, he's returned and is more than fired up to get back to podcasting. That means early mornings to get the Monday show off the page, and into your ears, made worth it thanks to the startup economy proving incredibly interesting thus far in 2023. Now, what did we get into? The following: Stocks are largely up today, but only after a terrible week last week. So, a little plus/minus there. Cryptos are not too changed in the last day, but NFT trading results are rising again which is good news for folks into the tokens. News broke recently that the United States is also taking a hard look at the Adobe-Figma deal, more evidence that the mega-transaction could fail to consummate. This is notable as we have some historical notes regarding what happens when a huge deal falls apart before it can get done. Hello, Plaid. In more business-friendly news, the fintech market is not dead and two venture firms are taking pole position. Moving along to startup rounds, we took a look at ProsperOps and Flock. And to close, more layoffs at Twitter. More soon, as we are back Wednesday and Friday! For episode transcripts and more, head to Equity's Simplecast website.  Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us onApple Podcasts,Overcast, Spotifyand all the casts. TechCrunch also has agreat show on crypto, ashow that interviews founders, one thatdetails how our stories come together, and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome back to Equity, the Tech Crunch Podcast, where we unpack the numbers and the nuance behind the headlines.

0:17.5

If you are new to the show, this is Alex. I'm the editor and chief of Tech Crunch Plus and one of the regular Equity hosts.

0:23.8

I want to say a big thank you to Natasha for taking over the Monday show while I was out

0:28.1

on parental leave.

0:29.6

It is great to be back.

0:30.8

I have missed you all so very much. Now this is our Monday show where we take a look back at the weekend and we take a look ahead to the week that's coming. It is February 27th, 2023 and it is time to get up to speed let's get it.

0:45.0

Taking a look at the global stock market shares are generally lower today in Asia

0:52.0

over in Europe shares are higher today but that comes

0:54.6

after material losses last week so kind of good news bad news and the story is

0:59.2

the same here in the US where stocks are set to start the week higher, but again after losses last week.

1:05.4

Sticking to just public companies, this week we will hear from Zoom, Salesforce, Workday,

1:10.3

Duolingo, HB Rivian, Box Aukta, Snowflake, and others.

1:14.0

It is a busy, busy week for earnings.

1:16.0

Now, I know you're tired of this because we've already heard

1:19.0

from Meta and Microsoft and all those other major companies,

1:22.0

but if you really do care about what's going on in the world... Microsoft and all those other major companies.

1:22.5

But if you really do care about what's going on in the world of enterprise

1:25.9

SAS, one of the most important categories out there for startups,

1:28.6

well, this is going to be a week filled with data.

1:31.6

Turning the coin to crypto coins, ayo, what's going on in the world of crypto?

1:35.8

Well major crypto tokens are not actually that changed in the last 24 hours, taking a longer

1:41.2

one week time horizon however, and Bitcoin and Ethereum are off six and four

...

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