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Equity

LinkedIn is the reason Apple made the M1 chip

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 21 May 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was good fun not only because we had the whole team together to record, but also because we are still basking in the endless glory of our winning a Webby earlier this week. Frankly we are still shocked. But happy-shocked, like when you get a new toy and it is covered in static electricity. Anyhoo, we had a packed show with much, much left on the floor as we tried to shoehorn the week into our time slot. Here's what we got into: The world of connections: Fave raised $2.2 million to connect fandoms, Somewhere Good raised $3.75 million to build feedless micro-communities, and both Spokn ($4 million) and Spot ($5 million) are hoping to use the spoken word to connect companies and their staffs. Honestly we think that the overall connection-community world is super exciting. Piano, one of those startups we actually have the luck of using, raised $88 million for analytics, subscription, and personalization tools. We get into why the round makes sense, and why one investor stood out more than the others. Corporate media: Coinbase is building out a media-ish org (Alex wrote about it here on his personal blog; Scrawler.co has more on the matter), and with TheSkimm hoping to find a corporate home and The Hustle doing the same, we had to dig into the matter. Our take is that content marketing is a response to expensive social advertising. And that it's fine. And that it is not news. Shoutout Forbes and its new union effort. Well done. Uptrust raised $2M, which let us talk about the venture-sized opportunity in fighting the billions of dollars wasted on useless mass incarceration. And then we chatted about the public markets. Monday.com's IPO is filed, Marqeta's IPO is filed, Squarespace's direct listing is done, and more. It's hectic out there for late-stage startups. The show flew by, much like our days recently, simply because it was so fun and jam-packed with news. And we got to make jokes about our listeners and Monday.com PR timing, so what else could we ask for? Talk soon! 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

Equity is brought to you by Extra Crunch, that Prodigious Tech Ranch Paywell you keep running into.

0:05.0

You can break through that Paywell at a steep discount if you use the promo code Equity.

0:09.0

If you do, you'll get access to our best stuff and you'll make equity look really good internally at the same time.

0:14.0

Enough of that, let's start the show. Hello and welcome back to Equity, Tech Runches Venture Capital focused

0:30.2

podcast where we unpack the numbers behind the headlines.

0:33.0

My name is Alex Wilhelm and I have my two faves with me today.

0:36.0

I have Natasha Moscarinus.

0:38.0

Natasha, how is Jersey?

0:39.0

Jersey is better than Bitcoin, as it usually is.

0:42.0

Yes, but we're going to get emails about that because people don't like Jersey and they do like

0:45.5

Bitcoin.

0:46.5

So send them all to Natasha, not me.

0:47.9

Thanks.

0:48.8

We also have Danny Crichton.

0:50.4

Danny, you're our Brooklyn boy.

0:51.6

How's it going over there?

0:52.4

Unlike Bitcoin, my supply of Claritin tokens as I would call them has grown tremendously over the last week so I'm extremely

0:59.2

excited by my inventory and portfolio.

1:01.6

So Claritin's more of a stable coin, I feel, than a Bitcoin equivalent.

1:04.7

So I think you should really compare it to Tether, if we're going to get technical about the Claritin

1:08.7

analogy, right?

1:09.7

It's a proof of allergy protocol.

...

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