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Equity

Press and Law v. Adam and Elon

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 26 August 2022

⏱️ 31 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. Want to save some dosh on TechCrunch+? Use the code 'EQUITY' at checkout for a big discount on annual subscriptions! Alex, Natasha and Mary Ann are back and as a three were in good spirits with more than a bit of news to parse. Grace, Theresa, and Kell made the magic happen, for which we're thankful. Here's what we got into: Just what OrangeDAO is, and why it matters. Our deals of the week this time 'round had a particular flavor. See if you can spot it! Next up was Spectral's $23 million raise (web3 credit scores), and Mural's latest, a $6.5 million round for DAO treasury management. Scooting along, we looked into Alex's reporting on shrinking late-stage rounds, a surprisingly strong seed market, and what's good with the unicorn crew. Then it was time to talk Stripe layoffs before pivoting over to the latest issues stemming from Adam Neumann's latest startup, and the Musk-Twitter dustup. To close, we noted the latest from Instacart and the fact that Zoom is not having the best of times lately. That's our show! We are back Monday! Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. 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 unpack the numbers and the nuance behind the headlines.

0:19.0

I am Alex Bell Home and I am joined this Friday as I am each and every week by my two besties in one corner I have

0:24.3

Natasha Moscarenis. Natasha it is not Friday but it is nearly Friday as we record this.

0:28.7

How are you feeling?

0:29.3

I am feeling really good. I'm actually drinking out of a mug that Marianne gifted me when I left Crunch-based news.

0:35.0

So I feel like all sweet and cozy and happy.

0:38.0

Very good.

0:39.0

My heart's full.

0:40.0

It is a week for full hearts.

0:42.0

Marianne, you're also here.

0:42.8

How are things in your world?

0:43.9

What's going on in FinTech?

0:45.1

Things are good, lots going on in FinTech as always.

0:47.9

Some things good, some things not so good,

0:50.8

but we'll get into that more later.

0:52.3

Yeah, that's kind of the theme of the show I feel like what the hell is going on in FinTech and who's not doing well.

0:56.3

So today we are going to talk about a couple of deals. There's the Orange Dow effort. There's a company

1:00.8

called Spectral and one called Muriel but not the mural that you know, it's a different mural.

1:05.2

Then for the first theme we're going to talk about the state of the market and how that relates to companies like Stripe.

1:09.7

From there, it's not Adam and Eve, it's Adam and Elon. It's going to be a banging segment. Get excited about that.

1:15.4

Iconic. And finally we're going to close with IPOs, Instacart and Zoom and a couple of public market results.

1:20.4

Pack show lots to do. Let's dive right in Natasha orange dowel why

...

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