The petty shall inherit the pennies
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 10 April 2023
⏱️ 9 minutes
🧾️ Download transcript
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| 0:00.0 | Hello and welcome back to Equity, the Tech Runch Podcast, where we unpack the numbers and the new once behind |
| 0:16.4 | headlines. |
| 0:17.4 | This is our Monday show where we look back at the weekend and get you ready for the week. |
| 0:21.8 | This is Alex, it is April 10th, |
| 0:23.4 | 2023 and I have put together a kick-ass show for you today. |
| 0:27.3 | What are we talking about? |
| 0:28.2 | Well, as always, we're gonna start with markets, |
| 0:30.2 | so stocks and crypto. |
| 0:32.0 | Then we're gonna discuss the latest complaints about YC pricing. |
| 0:35.8 | From there we're going to discuss Uber and Kareem |
| 0:38.0 | and why $400 million is in flight. |
| 0:40.8 | And then we shall discuss at the end of the show why the petty shall inherit the pennies. |
| 0:45.1 | Let's go. |
| 0:48.1 | Starting up today, taking a look at the global stock market, shares were mixed today in Asia up in Japan and South |
| 0:54.8 | Korea and down in mainland China. Over in Europe not a lot of trading going on |
| 0:59.0 | due to a holiday but here in the US where we don't observe this holiday but we did observe the last one |
| 1:04.0 | shares are set to fall at the open with tech leading the down draft. |
| 1:08.0 | Now a small note why haven't I bored you with notes lately on sAS, Multipals, and Public Market Tech Valuations? |
| 1:15.6 | Well, it's kind of because since last May to today, software stocks are pretty much flat. |
| 1:21.0 | And sure, that does imply that multiples are ticking lower over time, but the major and therefore |
| 1:25.9 | interesting price movements have stopped. So maybe this is the new normal, things might just |
| 1:31.7 | be like this for a while. And moving on from stocks what is going on in |
... |
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