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Equity

Instacart now delivers market trends

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 1 April 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

Welcome to our Friday show! Our regular co-host Natasha was off this time, so Mary Ann and Alex linked arms with our producer Grace to blast our way through the news of the week. As always, we had to pick and choose what seemed to matter the most. Here's what we got into: All Things Y Combinator: Here's our first set of favs, and our second. Here's a rundown of fintech companies from the batch, and our look at the Indian participants, and those hailing from Africa. Instacart as trendsetter: The well-known grocery delivery company has lowered the price at which it will value employee equity comp, something that could become a trend. It seems so, with Instacart leading a potential vanguard of similar actions from other companies in time. Also we're thinking about how startup valuations could regain their shine. Gaming: With the huge Axie Infinity hack making headlines, we talked about the matter and how other startups are tinkering with the play-to-earn market. And we closed with the topic of social networks, what Elon Musk is up to, and how Facebook managed to confirm everyone's suspicions about its ethics.  Whew! What a week, y'all. Chat Monday! 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 about the business of startups, where we unpack the numbers and the nuance behind the headlines.

0:16.3

My name is Alex and I'm joined today by my friend, my colleague, my longtime collaborator,

0:20.7

The excellent Mary Ann Asaveto. Hi.

0:23.0

Hey Alex, how are you today?

0:25.0

You know, for a YC week, I'm pretty good.

0:28.0

I have survived, I have made it through the gauntlet, I'm on the other side of the chasm, I have crossed

0:32.1

the transom and I'm not dead.

0:33.4

You're surprisingly chipper.

0:35.0

I was expecting more of a YC hangover.

0:37.6

Well, I mean, you remember that old joke about PowerPoint poisoning

0:40.6

when you saw too many slides and you begin to just kind of like blur and want to cry.

0:44.0

Every YC demo day by the end of day too, I'm like, I don't care anymore.

0:48.0

But like, it's so hard to get cynical when so many people who have an idea they're excited about are working on it and

0:53.8

wants to tell you about it. It's fun. Like I fundamentally enjoy it.

0:56.4

It's awesome. Yeah. Well, kind of a spoiler there. We are talking about Wicey, but not only that.

1:00.9

And I'll throw in there. Natasha is off.

1:04.0

She is back next week.

1:05.0

She has not left the podcast.

1:07.0

She's just been a very busy person.

1:08.0

So we will have her back in the rotation next week.

1:10.0

So if you've missed her, fret not, she'll be back.

1:12.0

But today Marianne and I are going to walk you through quite a lot of stuff.

...

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