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Equity

The venture market is overcorrecting

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 18 October 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

This week Gené Teare from Crunchbase and Crunchbase News joined the podcast. She's a well-known analyst of the global venture capital market, and was instrumental to Crunchbase's early life and remains one of its more tenured staffers. So, what did the three of us get into? Here's the rundown: The big picture: What should we think about when we consider the Q3 2023 venture capital market as a whole. (More on Latin America here, Canada here, and global data here from TechCrunch+.) Here's Gené on Q3 data as well. Stage-level health. Which level of startup maturity is seeing the most capital? The least? And, venture capital flows around the world. As always, where venture dollars land is nearly as important as their total number for any particular period. Equity is back on Friday with our weekly news roundup. Chat then! 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

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0:00.0

Hello and welcome back to Equity a podcast about the business of startups where we

0:16.6

unpack the numbers and the nuance behind the headlines. My name is Alex and

0:20.5

this is our Wednesday show where we sit down with a guest, think about their work, and then unpack the rest.

0:25.8

I'm joined today by Mary Ann. Mary Ann, I love doing these as a pair.

0:29.8

How the hell are you?

0:30.9

I'm great. I'm excited to be here be here Alex it's always so much fun to

0:34.8

interview people together. I know it's like all the fun with half the work it's

0:38.8

kind of like the best hack ever and we do have on the show today someone that we're actually very very

0:45.0

excited to talk about. Yeah we've got Janay Tier from Crunchbase which is an old

0:49.4

dear friend and colleague of both of ours. This is almost like getting the band back together. So,

0:54.1

Janay, hi, thanks for coming on the show. How the hell are you?

0:57.0

Hi, I'm Well, and it's absolutely wonderful to see you both and to be back

1:01.0

with you guys. We worked, as you said, at Crunchbase News and it's great to be back with you guys. We worked as you said at Crunchbase News and it's great to be back.

1:05.0

Even more than that like Wake we were down in like the data bunker at Crunchbase and we were on the same like half floor and it was a good time. You know startups have changed going

1:15.1

remote going hybrid but that was kind of the last gasp I feel of like startups

1:19.1

being 100% in person and there was some nice things about it except for Mary Ann of course he was in

1:23.2

Austin but you know yeah but I did visit and when I did visit I felt the warmth I felt the

1:28.3

love it was a cozy space and it was really cool and I all the snacks and just you know everybody's sitting so close together and the

1:36.5

camaraderie like I felt that camaraderie yeah the camaraderie was great but also I remember

1:40.9

spending about half of my time talking to people and not working.

1:44.0

And that's why like offices are great, but not for productivity, my view.

1:49.0

Anyways, Jeunet, you are at Crungebase.

...

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