Party rounds are either the dinner party of your dreams or the one where no one shows up (re-post)

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 25 November 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. While the Equity crew unwinds from Thanksgiving here in the U.S., we're bringing you one of our favorite conversations from this year: Natasha, along with Alex's help, asked: Who should be raising Party Rounds? The episode was inspired by Natasha’s recent Startups Weekly column, “When the party has confetti but no allergen-friendly appetizers" and the companion TechCrunch+ piece with Anita, “Investment clubs are cool again, and maybe community is, too.” Here's what we got into: The definition of party rounds, boundaries and the fact that we don't entirely agree on if there needs to be a lead or nah How has party round funding changed? What place do they hold in the ecosystem? Is this vehicle better for experienced founders versus first-time founders? The pros and cons of each side 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

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0:00.0	Hello and welcome back to Equity. My name is Alex. I'm joined today by Natasha say hey
0:16.1	Hey hey gobble gobble exactly because that's the sound that turkeys are supposed to make I've never actually verified that because I don't have any turkey friends.
0:27.0	Okay, but you worked on a farm. Did you not interact with the turkey at any point?
0:30.5	It was a dirt farm. As then we grew stuff. Very little cattle or other related
0:36.9	foul. But we should probably explain why we're doing this at all. Everybody in America
0:41.3	yesterday was a holiday called Thanksgiving in which it is traditional to murder
0:45.8	one particularly large plump flightless bird and then eat it and that's why she's saying
0:50.8	cobble cobbly because that's the sound turkeys make in theory.
0:53.3	And none of that made sense to you.
0:54.9	Congratulations on living somewhere else.
0:56.7	I know.
0:57.7	Actually, congratulations on living somewhere else.
0:59.0	I'm happy for you.
1:01.6	I'm not.
1:02.1	Come to America. It's great. The water's wrong. Depending on the day, depending on the
1:06.2	macroeconomic event, it's a good time. But we're here, Alex. We are indeed. But we're only kind of fake here because, it is a holiday week so we had less days to record equity for you
1:16.1	So today we are bringing you a rerun of one of our favorite episodes from the year
1:19.6	So we're gonna talk about party rounds today. This is an episode, Natasha, from the end of August, I believe.
1:25.3	Yes, yes.
1:26.1	And it's fitting because a lot of you in America
1:29.0	probably just went to a party yesterday,
1:31.0	aka Thanksgiving dinner, may be hung over, might just be full and tired. a party
	...

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