Thanks to Amazon, One Medical and Whole Foods are on the same dang shelf

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 22 July 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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. Alex, Natasha and Mary Ann got together with Grace once again this week for our weekly roundup show, and as often happens, news broke as we were gearing up to record. So we had to touch on the huge Amazon-One Medical deal to get started. Naturally we all had thoughts. What else did we get into? The following: Crunchbase raised $50 million! Yes, our former employer has raised a new, large round that had us all thinking about its health, our history thereof, and our love for its news team and other parts of the company we remember fondly. Just what is Arkive building, and are we in favor of its work to build a sort of NFT-powered, decentralized IRL library. There is a DAO involved as well. ForSight is building eye-surgery robots, just raised a stack itself, and we are hype about it. It reinforces a key learning from Natasha's recent robotics panel, which was part bullish, part bearish. From there, it was time to talk the bevy of new venture funds that came out, the end of Modsy -- or is it? -- and a few stories that touch on the Ukraine situation, including a huge Russian fine of Google, Preply's latest funding round, and how solar power can combat fascism. 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.
0:18.0	My name is Alex, this is our Friday show and I'm joined by the whole crew including Natasha Moskarenis.
0:23.4	Natasha hello and how are you? I am doing great it is the robotics event today and
0:28.0	everyone will be hearing this the day after so ha ha we're here and it's amazing.
0:31.8	And Marianne the site went down. ha, we're here, and it's amazing.
0:32.6	And Marianne, the site went down,
0:34.8	literally the moment we got on Google Me to record this,
0:38.5	and that was not good for anybody.
0:40.9	Yeah, it was not good at all, but the reason for it because there was so much
0:46.0	interest in the robotics event, that was good. It's a flux, yeah. Yeah, it's like a flex, but also kind of
0:51.1	of a sad one, like, yay, everyone showed everyone showed up and also why couldn't our site handle that we do a lot of traffic
0:56.9	True I have questions, but instead we have a podcast to get through and today we are going to be talking about the Amazon acquisition of one medical
1:04.3	that was big breaking news Thursday morning lots to say there we're gonna talk about a couple
1:08.1	of deals of the week including our former employer crunch base so caveats are coming up
1:11.9	archive and foresight then we're going
1:14.1	to talk about a bevy of venture funds if you will talk about Maudzi and the
1:17.9	shutdown and then close with a little bit of notes on technology and Ukraine so
1:22.3	geopolitics will wait until the end but we're going to
1:24.0	kick off with okay so the parent company of AWS which also owns Kindle and Amazon Basics
1:29.9	is now buying one medical.
1:32.5	My first question is, were we shocked, I suppose?
1:35.3	Okay, I mean, I knew that one medical was like an acquisition target.
	...

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