meta_pixel
Tapesearch Logo
Log in
Equity

Most of the unicorns aren’t

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 4 November 2022

⏱️ 36 minutes

🧾️ 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. Oh what a week. What a week. Things are busier than ever at TechCrunch, where we're coming out of our post-conference stupor and charing straight back into a packed news cycle. Sure, Musk is still making waves, but there are startup rounds to cover, layoffs to chew on, earnings coverage, unicorn reports, new data, and more. After cutting back sharply on material and still going long, here's what Mary Ann, Natasha, and Alex got into this week: Rewind wants to help people with their memory. We talk about how the startup, which launched this week, uses recording technology to help you get what you see, hear and say at your finger tips. We talked about Onward, a startup that wants to help divorced or separated parents fight less about money and how it just raised nearly $10 million despite being pre-revenue. The somewhat odd, possible Byju's IPO-spinoff of Aakash, a tutoring company that it bought the other year. Our views can be summarized in meme format: An edtech IPO? In this economy? Unicorns face an incredibly uphill journey to get public, which may explain in part why Byju's is not itself going public (recall that it had had plans, but like with so many other companies those are on hold). And then there was Brex, which announced a new partnership with Techstars despite a big push into the enterprise space. Stripe revealed that it has cut 14% of its staff, or over 1,100 people, and its CEO and co-founder Patrick Collison admitting that the payments giant had "overhired for the world we're in." And finally, there's a new VC ratings company in the neighborhood. How do we feel? Better than some VCs, at least. Got all that? Good. More Monday morning. Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more! 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

Click on a timestamp to play from that location

0:00.0

Hello and welcome back to Equity, a podcast about the business of startups where we

0:14.5

unpack the numbers and the nuance behind the headlines. My name is Alex and I'm

0:18.0

joined today by the crew. I have Natasha Las Gurenes with me.

0:20.6

Natasha, hello, how are you, how is life, how's the stock market, how's your partner,

0:24.6

what's you got?

0:25.6

Oh my God, well I'm going to be completely honest, I just got an email from one medical saying

0:28.6

that my recent doctor's visit wasn't covered by insurance and so I'm a little unwell right now realizing that I need to deal with that after this podcast.

0:36.0

Oh, that sucks. How's that for truth?

0:38.0

There you go.

0:39.0

Mary Ann, you want to weigh in here on the equities and excellence of the American health

0:43.0

system? No I don't think we have enough time for that Alex but I can't say I'm

0:47.6

happy to be back. Yes it is lovely to have you back. We missed you. We really

0:51.6

did. Tech Bunch has never been bigger than it is now in terms of like

0:54.8

humans that are on staff across our various efforts and so forth but we're still

0:58.6

small enough that when any one critical person leaves you really feel the absence.

1:03.0

So, very end, we missed you.

1:05.0

Oh, thank you.

1:06.0

I missed you guys.

1:07.0

But we're glad you're back because there's so much to get through today.

1:09.0

We are going to be talking about Rewind onward and something from Bijjusews but it's not what you think then we're

1:15.2

going to be talking about a quote working model of unicorn death and comma and

1:19.7

and brecks which are separate now that I've said separate, but related, not about death, but you'll see.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from TechCrunch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of TechCrunch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.