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Equity

The whole venture merry-go-round is decelerating

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 6 October 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

This week, Mary Ann and Alex had the pleasure of having TC reporter extraordinaire Dominic Madori-Davis as a guest on the show.   Here’s what we got into: A quick update on the SBF trial, which quite frankly, has us all riveted. An Atlanta-based fintech startup called Rainforest’s $8.25M equity raise and how it is hoping to take market share away from the likes of Stripe. A bunch of new fund raises this week, including At One’s $375M climate-focused raise; Section 32’s $525M fund close and Greylock’s $1 billion haul.  With so much capital flowing to VCs, it is more than a little mind-boggling that venture funding declined for yet another quarter in the three-month period ending September 30. But it did.  Dom came on to talk about Fearless Fund’s being barred from awarding grants to Black women founders and how how data can help improve social impact investing.  Equity is back next week bright and early on Monday. And we have a lot of really cool interviews coming up. So make sure that you are tuned in and caught up! 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

0:16.1

unpack the numbers and the new ones behind the headlines. My name is Alex and

0:20.0

I'm joined as I always am by my dear friend it's Mary Ann Asabedo Mary Ann hi how are you?

0:25.6

Hi Alex I'm great how are you? I'm surprisingly good for how little sleep I got last

0:31.8

night there was a spouse who was on call

0:35.0

and his pager was going off all night.

0:37.0

There was a baby he was crying,

0:38.0

there was a dog that was vomiting.

0:40.0

It was the full circus.

0:42.0

Wow, and you look chipper.

0:45.0

I have drank a lot of coffee,

0:46.8

so I'm gonna crash really hard about 4.30,

0:49.5

but we're gonna get through it

0:50.7

and we're gonna rock and roll.

0:51.9

It's gonna be great.

0:52.4

Let's go.

0:53.2

All right, so today on Equity, we have deals of the week. We're talking about

0:57.2

rainforest, at one ventures, and section 32. So if you have wanted venture capital news,

1:01.9

we have that for you in spades.

1:04.0

And then we're going to take a first look at Q3 venture capital data from around the world,

1:09.0

where things are going well, where they're not, and why there is still no exits.

1:13.0

And then we're going to wrap up with social impact investing

...

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