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Equity

Sequoia does to itself what the Biden administration wants to do with Google

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 9 June 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

All the cool kids are filling out the Equity listener survey. We want to hear from you! It was a hectic week, with little in the way of the traditional Summer Slowdown making itself known. So, here's what Alex and Mary Ann covered with some help from our dear friend Jacquie Melinek: WWDC in a nutshell: In case you missed it, Apple had a big event this week. On tap were the usual run of software updates, and improved computers in both laptop and desktop format. And, you know, that other thing. Affirm partners with Amazon (again): This is not Affirm's first tie-up with Amazon, but investors are pretty excited that the pair of companies are once again linking arms. As we continue to wait for mega-unicorn Klarna's IPO — more notes here — we are keeping our ears close the BNPL ground. Cava's IPO continues to delight Alex: What has an IPO coming up and has this little podcast in a tizzy? Yep, it's Cava, the fast-casual chain that, thanks to a dollop or two of venture capital money, we get to cover! All things SEC and Crypto: The SEC broke into its hammer closet so that it could go play whack-a-mole this week with crypto exchanges both foreign and domestic. Sequoia does to itself what regulators want to do to Google: What has three parts and is now competing with itself? Sequoia. Think of it like an inverse Google, if you will. How real estate will affect the climate crisis: It turns out that construction is not so good for the planet. And with a commercial real estate crisis brewing, can we add one to one and get five? Next week, Equity is on vacation! We're taking a breather before launching into another massive run of shows, but we'll be back before you know it.  For episode transcripts and more, head toEquity’s Simplecast website. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us onApple Podcasts,Overcast,Spotifyand all the casts. TechCrunch also has agreat show on crypto, ashow that interviews founders, one thatdetails 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

0:15.0

unpack the numbers and the new wants behind the headlines. My name is

0:18.0

Alex and today is June 9th, 2023 and joining me as always is my besty senior tech

0:23.7

run reporter on the FinTech beat it's Marianne

0:25.9

Elizabetho hey Marianne how are you I'm great Alex how are you

0:29.2

well I'm under attack by Canada, and that's been tough.

0:33.2

I've had to keep all the dogs inside so they don't choke out on Ash.

0:36.2

Yeah, it's bad.

0:37.2

Still, it's still bad?

0:38.4

It's less bad.

0:39.3

I mean, I think New York and kind of the DC area here in the States have it worse, but

0:42.4

yesterday was

0:43.0

brutal day before is brutal I can't take the baby out on walks I'm not getting

0:46.8

exercise basically we're all going stir crazy it feels surreal like just

0:51.7

doesn't even seem real.

0:53.0

Marianne, I left the Bay Area.

0:55.0

I thought I'd gotten away from the wildfire problem.

0:57.2

It has come to me.

0:58.9

It's unbelievable.

1:00.0

Unacceptable.

1:00.9

Climate change, turns out not so good. But what is good is today's equity. We are going to start up top with a

1:06.2

WDC update and then deals of the week. We have a firm partnering up with Amazon, what's going on there,

...

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