Okay startup names and why fintech is rebounding

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 2 June 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mary Ann and Alex were a busy pair this week, so much so that they tagged in Dominic-Madori Davis from the TechCrunch+ crew to help out. Before we kick things off, our listener survey is back! If you can, please take a moment to let us know what you want more of, what you want less of, and how we can make this the kind of podcast you want to come back to every week. Now, here's what we got into: Fraud is bad: Elizabeth Holmes is in jail, and the SEC wrapped insider trading charges against a former Coinbase staffer. Our take? Breaking business law is bad and perhaps people should not do it. Controversial, we know. Deals of the Week: Alex is enamored with Web Roulette, while Mary Ann wanted to talk about Stripe's deal to buy Okay. Klarna's Q1 2023 results led Alex to share some enthusiasm that the fintech market could be rebounding, a topic that he's been going on about for some time. QED's plans to invest its new funds carefully is a clear example of the new investing climate, Mary Ann argued. The show also touched on our latest check-in on the a16z early-stage strategy. And we closed, thanks to Dom, with a chat through the Atlanta startup scene in advance of our upcoming City Spotlight. Equity will be back on Monday, but in the meantime, you can catch us on Twitter @EquityPod. And for the early-stage founders out there, don’t forget to apply for the Startup Battlefield 200 cohort at TechCrunch Disrupt 2023! For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7:00 a.m. PT every Monday, Wednesday and Friday, 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

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0:00.0	Hello and welcome back to Equity, a podcast about the business of startups where we
0:14.8	unpack the numbers and the nuance behind the headlines. My name is Alex and today is
0:18.9	June 2nd, 2023 and I am joined on the podcast today by my friend the excellent the great the
0:24.6	inimitable senior technical reporter Mary Ann Azavito Mary Ann hello and how are you?
0:29.3	Oh I'm great Alex hope you are the baby woke up at like five today, so I'm hanging by the proverbial
0:36.0	threat. But that can't slow us down because later on the show we have Dominic Madori
0:40.1	Davis jump on to talk about Atlanta because Tech Ranch has quite a lot brewing on that front.
0:45.0	Before we get to that, there's a lot to chat through, including fraud is bad, as it turns out.
0:49.8	Our deals with the week are Web roulette and then Stripe buying okay.
0:53.7	Then we're gonna riff on Klarna and the health of FinTech more generally.
0:57.4	Early stage reports from QED and Adjusen Horwitz, then we're gonna wrap with all things that land in
1:01.5	it's gonna be a hell of a show.
1:02.8	Mary Ann, before we get into it though, we do have a survey. What's going on there?
1:06.0	Yeah, we have a listener survey, which is super exciting.
1:09.0	It's something that we're very interested in. We want to hear from you.
1:12.1	So let us know what you love about
1:13.7	this show, what you want more of, less of, just any feedback you have, head to bit.
1:19.0	LY forward slash equity pod survey Survey all one word.
1:22.8	Awesome and we really do want to hear from you.
1:25.0	This helps us kind of figure out how to improve the show.
1:27.8	We do it once a year and each year it's been incredibly helpful for us.
1:30.6	So if you have a second please fill that out we're going to look
	...

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