The other side of AI hype

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 19 January 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, Mary Ann Azevedo and Alex Wilhelm took to the mics to chew through funding rounds and trends galore. Enjoy, and don’t forget that our interview with Aileen Lee is here. Pomelo: $40 million more dollars for Latin American fintech? It’s the perfect Mary Ann story. Even better, we got growth data from the company to noodle on. It turns out you can raise up rounds in 2024! Tandem: Alex chose the Tandem Seed round for his deal of the week, even if he doesn’t want to use it. In short, couples of all types have different money management needs, making Tandem a potential hit. Briq: Mary Ann has been covering this company for some time, making its recent extension round well worth our time. AI and the enterprise: AI is going to change everything, AI is going to make your job irrelevant, AI is going to eat your lunch. So we hear. The enterprise, however, is singing a slightly different tune. Valuations, and their potential recovery: Sadly it doesn’t seem too likely that we are about to see a massive rebound in startup valuations this year. The good news? It doesn’t seem too likely that we are about to see massive price erosion, either. For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, 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 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

Click on a timestamp to play from that location

0:15.6	Hello and welcome back to Equity, a podcast about the business of startups where we unpacked the numbers and the nuance behind the headlines. Today is January
0:19.7	19th, 2024 and my name is Alex and I'm joined as always by my dear friend and colleague
0:24.9	Marianne Asaveto. Marianne I feel like you and I have been podcasting all week long
0:28.8	but we have more stuff to talk about somehow. We do I I mean, and that's a good thing.
0:34.2	Lots going on.
0:35.4	Yeah, there's used to be this like, you know,
0:37.9	ebb and flow to the new cycle in the tech world
0:40.0	throughout the year, like in August,
0:41.2	everything would shut down,
0:42.3	and then like December through January
0:43.4	was slow not so much anymore I mean we started off this year with a bang it's been busy ever
0:48.9	since I got back on the second I'm kind of impressed that's true it really like I thought I would ease back into the year but no it was like just crazy from the beginning. Yeah, well you know what the good news is we've had lots of fun and if you didn't notice we had
1:03.4	Aileen Lee of Cowboy Ventures on the podcast yesterday it should be in your
1:08.4	feed so when you have finished with our round up go ahead and listen to that it's a
1:11.9	fantastic interview we've grabbed her right after she wrote a retrospective, a 10 year recap on her original post that coined the term,
1:19.0	unicorn over on Tech Runge. Lots of good stuff in there, data, interesting tidbits, the future
1:23.7	ventures, startups, etc. A hearty recommendation. But on today's show we are
1:28.5	going to talk about a couple of deals of the week, one from Pomello, one from
1:32.4	Tandem, and then one bonus deal from a company that's pronounced
1:35.7	brick but does not spelled the way you think. Then in the first theme we're doing an AI check-in,
1:40.6	uses, risks, and what the C-suite is thinking today and then we'll wrap with
1:45.0	Will Start Up Valuations recover in 2024?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from TechCrunch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of TechCrunch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.