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Equity

Friends with benefits of the financial world

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 14 January 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary

Happily this week, we did not talk about NFTs, and I don’t think that we even said “token” a single time. Instead, Mary Ann and Natasha and Alex got back to what we might consider the roots of Equity. Here’s what we got into:  We started with a look at the recent Fertilis round. Fertilis is an Australian startup working to make the IVF process more reliable. We are big fans of the concept, though the startup has lots of work ahead of it before it moves the needle for couples hoping to conceive.   Mary Ann brought together two very Equity topics: Fintech and SaaS, but more interestingly, fintech that only wants to serve SaaS startups. Even though we tried to define Arc’s relationship with the startups it serves, Alex landed on it being a friends with benefits for the financial world.  Speaking of fintech, Brex made headlines (again) with its new raise and new executive – thanks to Meta. We keep returning to the hiring conversation, and that’s for good reason. Career Karma (news here) and SeekOut (news here) have two different strategies when it comes to empowering employees at companies -- and all of us agreed that retention, versus placement, is the future of hiring tech.  We ended with a conversation on accelerators thanks to Y Combinator’s news, and venture reaction thereof. Plus, new AngelList and Dorm Room Fund remind us that staying niche in strategy continues to be the way that early-stage venture operations are winning deals.  A big hug to you all for surviving the start to the working year during a COVID surge. We can do this! We’ll get through it as a big team, ok?  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, a podcast all about the business of startups where we unpack the numbers and the nuance behind the headlines.

0:16.8

My name is Alex, I'm a writer here at Tech Ranch and I'm joined today by the whole crew including Natasha Moscarinas.

0:22.0

Natasha, how are you?

0:23.6

I'm back from vacation, so I have a lot to say and a lot to write,

0:27.2

which I could not have said last week, so I'm just happy.

0:30.4

Yes, you have to take vacation as a writer,

0:32.1

when you reach the end of the page and your brain just shuts down and that's it,

0:35.0

that's when you have to go away, recharge, read a couple novels, and be back to happy.

0:40.0

Speaking to that, Marianne, how are you?

0:42.0

I'm doing great, very happy Natasha's back.

0:44.6

More importantly, Alex, how are you?

0:47.0

I am medium bad, but I am smiling and caffeinating my way straight through it.

0:51.6

And speaking of that, we have a packed show today, including

0:54.4

funding rounds from Fertilis, a lot of notes about how to build a FinTech

0:58.1

service for SAS companies and if that really is a niche or not, we're going to talk

1:02.0

about the hiring game, the great resignation through the lens of

1:04.7

seek out and career common funding rounds, and then at the end we're going to talk about why

1:08.3

combinators new terms, what they mean for investors, what they mean for founders, what they mean for

1:12.3

founders and investors on other shores, and also what really

1:15.6

doesn't mean to add value. So quite a lot to get through guys, I'm really excited about this, but first,

1:20.5

let's talk about fertility. Natasha, what is Fertilis and where is it from?

1:25.1

To understand Fertilis, you really need

...

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