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Equity

Mmhmm, it’s the most ridiculous story we’ve ever heard

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 9 July 2021

⏱️ 35 minutes

🧾️ Download transcript

Summary

Danny and Alex were on deck this week, with Grace on the recording and edit. Natasha will be back with us starting next week. So, it was old times on the show with just two of our team to vamp on the news. And oh boy was there a lot of news to get into. Like, loads. What's going on with Didi? Didi's woes have continued this week, with the company seeing its share price continue to fall. The Equity team's view is that the era of Chinese companies listing in the United States is over. What's going on with facial recognition tech? With AnyVision raising a $235 million round, Danny and Alex tangled over the future of privacy, and what counts as good enough when it comes to keeping ourselves to ourselves. Nextdoor is going public: Via a SPAC, mind, but the transaction had our tongues wagging about its history, growth, and how hard it can be to build a social network. Dataminr buys WatchKeeper: In its first-ever acquisition, Dataminr bought a smaller company to help it better visualize the data it collects. It's a neat deal, and especially fun given taht Dataminr should go public sooner rather than later. Planet and Satellogic are going public: One week, two satellite SPACs. You can read more about Planet here, and Satellogic here. FabricNano and Cloverly raise capital: Satellites had us into the concept of climate change, so we also dug into recent funding rounds from FabricNano and Cloverly. It's beyond neat to see for-profit companies tackle our warming planet. Two new venture capital funds: Acrylic has put together a $55 million fund for moonshot crypto work, while Renegade Partners has a $100 million fund for early-and-mid-stage generalist investments. Mmhmm is big time: And then there was mmhmm. Which now has $100 million more, and some big plans. Our question is what it will do with the money. We'll have to wait and find out, we suppose. 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 Tech Ranches Venture Capital Focus podcast where we unpack the numbers behind the headlines.

0:16.0

Today it is just Danny Crayton and I Danny we get to run the show today. It's fun.

0:20.3

That's right Natasha is headed back to the west coast to San Francisco.

0:24.8

Many people with their wagons going the other direction, but it is a sign that SF is

0:28.4

re-attracting venture capital reporters, so something must be going on in the ecosystem there.

0:33.0

San Francisco is not dead.

0:34.0

What it is is a boom town.

0:35.0

And I think what people need to understand is it goes through booms and busts.

0:39.0

Currently, it's going through a bit of a struggle.

0:41.0

It will return.

0:42.0

Anyways, we have an amazing show for you today.

0:44.3

Essentially, we just had to argue over what to cut because there is so much going on even though

0:48.2

it is a shortened holiday week here in the States. We are going to kick off with some notes on the

0:52.4

D.D.D.D. of course, the Chinese. in the States, we are going to kick off with some notes on the DD

0:52.9

catastrophe.

0:53.8

DD of course the Chinese Ridehailing Company.

0:56.1

We're going to talk a little bit about the any vision raise and kind of talk

0:59.0

about the morality of facial recognition technology, if you will.

1:02.3

Then we have next door going

1:03.5

public via a SPAC. We have an acquisition that Danny covered between

1:06.9

Data Miner and Watchkeeper. Then we have a couple of satellite SPACs. Then we have

1:11.4

global warming fundraises, a couple of new funds, and then of course Danny,

...

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