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Equity

Equity Monday: Y Combinator Demo Day Approaches

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 30 August 2021

⏱️ 7 minutes

🧾️ Download transcript

Summary

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here. I also tweet. We are heading into a simply crazy week, so make sure that you keep Twitter pulled up as often as you can. Why? This is Y Combinator Demo Day week, which means a zillion startups are going to be doing their best to make noise, stand out from their peers, and raise capital on uncapped notes sans discount. TechCrunch is going to be busy as bees tracking the accelerator cohort, and bringing our favorites to your ears and eyes. The Chinese regulatory story continues, with new gaming restrictions and fresh warnings about anti-monopoly action coming this morning. As before, the news is moving stocks. And the gaming news underscores that the Chinese state is not too bothered about directly undercutting its private sector to meet government goals. All that regulatory work is harming venture capital investment, it appears. Despite a rapid-fire July for Chinese startups, August is looking thinner from a foreign-investor perspective. Vietcetera has raised new capital, along with Urbanbase. In India, Ola Electric is looking to raise a huge amount of capital, we report. In public market news, Astra's rocket didn't go up high enough, so its shares are falling. And we are heading back into an IPO cycle, so get ready. Alright! That's our show! Let's get to work! 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

Good morning everybody. It is August 30th 2021 and you are listening to

0:13.8

equity tech-runjers venture capital focus podcast where we unpack the numbers behind

0:18.0

the headlines this is Alex and we are getting ready for one hell of a week. Now why? Two words. Demoday. But before we get to that

0:25.8

the global stock market is having a fine start of the week. Shares were up in Asia,

0:29.8

they rose in Europe, and they are set to rise here in the US when the markets open.

0:34.0

Now in contrast the value of major cryptocurrencies and tokens is off a couple of points at the last 24 hours

0:39.5

but not really enough to be truly newsworthy.

0:41.8

And with all that in our pocket, let's go.

0:47.0

Looking at the week ahead,

0:48.0

why Combinander's Demo Day is going to be the biggest news event of the week,

0:52.0

at least here in startup land.

0:54.3

This Tuesday and Wednesday hundreds of very early stage startups will share their progress and

0:58.3

product goals with investors from around the world and of course the Tech Ranch crew will be

1:02.1

plugged in from lights on to lights out writing about the

1:05.2

nascent companies and flagging favorites for you.

1:08.6

Now we've already covered a couple of startups from the batch, but we'll have our eyes out for the

1:12.2

geographic mix of the

1:13.2

companies you know where they're building the sectors focused on what themes

1:16.8

are the startups building on top of and of course we'll be curious to see how

1:20.4

diverse the founder pool winds up looking.

1:23.3

Now, of course, why Combinator is not the only

1:25.6

a startup accelerator worth paying attention to.

...

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