Kim Kardashian and the financialization of trendsetters

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 9 September 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. What. A. Week. Alex, Natasha and Mary Ann jumped on the mic, with Theresa on backup, to talk through the biggest headlines. For our Apple coverage, click here. For our YC coverage, click here. All that aside, here's what we got into on today's episode: Kim Kardashian surprised us all -- yet again -- with the news that she is co-founding a private equity firm. We also talked about how Userpilot raised $4.6 million to help SaaS companies offer a more personalized user experience and Varjo - an early mover in building XR headsets and software for enterprises - landing $40 million in new funding. We pivoted to riff on a couple of acquisitions in the grocery delivery space, both of which thought were pretty cool and made sense. Instacart acquired Rosie (gotta love the name) in an example of not putting all its eggs in one basket, and Misfit Markets announced it is buying Imperfect Foods. Next, we talked about a couple of venture firms -- Kapor Capital and Countdown Capital -- raising new, second funds. Notably, both firms are looking to back historically overlooked founders and industries, which we -- and their LPs -- are 100% here for. And lastly, we had a lively debate on AI and its impact on the creator economy -- discussing topics such as AI-generated porn and whether AI-driven art is truly art. If you are coming to Disrupt, use the code "EQUITY" to save 15%. It makes us look good internally, and gets you a cheaper discount to our first Disrupt live show in the history of the podcast. Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. 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
0:14.8	unpack the numbers and the nuance behind the headlines. I am Alex Wilhelm and I'm
0:18.6	joined today by the Friday crew. I have in one corner Natasha Moscarenas.
0:22.8	Natasha I have talked to you more this week than even I would like how are you doing?
0:26.3	It's been a delight Alex but I agree completely let's not talk.
0:29.9	Yeah anymore no no after this I'm, no, in the talk show.
0:34.0	Mary Ann, I've talked to you less, but also I'm tired of people.
0:37.0	So how are you doing?
0:38.0	I am doing really, really well, super impressed with all that you guys have done this week with, you know, YC and everything else but I'm happy to be here.
0:46.0	Yes, and the reason why Natasha and I have been talking so much is that she was in charge of our
0:49.9	Y-Cominator demo day coverage.
0:51.9	We did much.
0:52.6	We even did a Twitter space that we are going to put out.
0:54.6	I believe by the time you hear this tomorrow on Saturday,
0:58.4	it was good fun.
1:00.0	And frankly, we have a lot of great YC coverage.
1:01.8	So if you care about demo day and want to dive more deeply
1:03.9	into that, we have a show, we have posts,
1:06.8	you have it, just go read it.
1:08.6	It's literally in a bow package for you.
1:11.1	Just go do that.
1:14.0	Beautifully packaged. We are not doing a lot of YC today because there's a lot of other news to get through, including
	...

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