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Equity

Salesforce's silly deal dies as we keep our eyes on Ibotta and Rubrik

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 22 April 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Today we dug into the latest markets news, including upcoming earnings, IPOs, and what impact — if any — the recent bitcoin halving had on its value. But the money news did not stop there. We also had two new venture capital funds to discuss, including a new vehicle from Seraphim focused on space, and TLcom Capital’s new Africa-focused fund. From there, it was time to chat EVs and what impact recent price cuts are having on the value of EV companies. To close out, we dug into the emerging startup cluster in vector databases and search.

Transcript

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0:00.0

Hello and welcome back to Equity, the Tech Ranch Podcast about the business of

0:15.4

startups where we unpack the numbers and the nuance behind the headlines.

0:19.8

This is Alex Good Morning. Today is April 22nd, 2024, and this is our Monday show,

0:27.2

where we look back at the weekend and then take a peek at the week that is to come.

0:31.3

Over the weekend, we had an awesome interview with Hans Tung, a very well-known venture capitalist.

0:36.7

I fully recommend that you give that a listen, so after Equity Monday, just hit play on the next

0:41.7

episode and we have a treat for you. Now on the

0:44.7

podcast today we have stocks and crypto including the having an IPO update

0:49.8

then two new venture funds the demise of an incredibly silly deal,

0:54.4

and then an emerging startup cluster that I think rules.

0:57.8

Let us begin with a look at the world of money and that means my favorite thing in the world, which is the stock market.

1:07.0

Over in Asia, shares are largely higher today. They are mostly up in Europe as well and are set to rise here in the US at the open.

1:16.4

How is that for green across the board to start the week?

1:19.5

And it is going to be a very busy week because we have so very many earnings reports.

1:24.3

CNBC writes that about 30% of the S&P 500 will drop their own results this week,

1:30.2

but the good news is 73% of the companies that have reported have beaten

1:36.0

estimates. So that means for the following list of tech companies the vibes are

1:40.3

good. So on Monday we shall hear earnings from SAP and Verizon. Then Tuesday

1:46.3

is Visa Tesla more on that in just a minute. Texas Instruments Spotify and Seagate.

1:52.2

And then on Wednesday we begin to hear from the Instruments, Spotify, and Seagate.

1:52.7

And then on Wednesday we begin to hear

1:54.6

from the largest tech companies.

...

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