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Equity

What has four wheels and loses money?

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 19 May 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

This is our Wednesday show, where we niche down to a single topic and go deep. This time Natasha and Alex corralled TechCrunch transportation editor Kirsten Korosec to talk to us about the endless parade of EV SPACs, and more. Before we get into the show notes, you can follow Equity on Twitter here. https://twitter.com/kirstenkorosec/status/1394726967203667969 And, because we are proud, we won a Webby! Our show! How cool is that? Thank you for love listening, hate listening, all of it. We are so thankful. Ok, here's what we talked about: Why is every electric vehicle company going public via a SPAC, and why is there so much potential fraud in the space? Kirsten has some notes on the matter, but it boils down to money in both cases. The Bird-SPAC deal in all its glory. You can read Alex and Kirsten's dive into the Bird investor deck here. We had questions like why was the shared scooter model ever considered viable, and, how did the company improve its economics during a pandemic? The SPAC world never, ever disappoints. Of course, we couldn't resist talking about the scooter barrage of news from years ago and how things have changed since. We end with her latest scoop, a series of exits at Waymo, and what that means for the future of the autonomous vehicle company. Plus, we didn't get to make a joke about it in the show but let's just say: Waymo has a waymore to go before it has driverless tech all over the streets. And one more thing: Kirsten gives a look at some of the speakers at our upcoming mobility event. Snag tickets here, and subscribe to her newsletter, The Station, for all things mobility every week. And that's that! We are back with our regular weekly news rundown Friday morning. Chat you all then! 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

Hey everybody. The Extra Crunch crew is building out a list of startup

0:05.0

badasses for our TC Experts project. We are first looking for the best email

0:09.4

marketers in the game, so if that is you or you know who that is please head to

0:13.9

Tech Ranch.com slash experts fill out the survey will compile the list and

0:18.2

shared out to everyone in the EC community and just from us a big shout out to

0:21.8

Miranda and Eric for all their hard work on this project.

0:24.0

As always, if you want to support the show and see who we find,

0:28.0

subscribe to Extra Crunch for all of our best stuff every day. Hello and welcome back to Equity, Tech Runches Venture Capital Focus Podcast,

0:47.1

where we unpack the numbers behind the headlines.

0:49.3

Of course, this is our Wednesday show where we niche down to a single topic or in this case two topics or

0:54.0

four topics to be known what type of motor vehicle you might find yourself on.

0:58.5

My name is Alex of course and I had Natasha Moscarenas here with me.

1:01.2

Natasha, how are you?

1:02.6

I am so excited about this topic

1:04.2

when I notoriously interned in San Francisco.

1:06.9

That's when all the scooter wars slash saga slash littering everywhere

1:11.7

began.

1:12.3

And so it's great to do a check up on this topic.

1:16.8

It is indeed but we are not here alone it is not just the two of us we have lassoed one of

1:20.9

our favorite colleagues we have Kirsten Kourisic here with us.

1:23.8

Kirsten, please say hello to the Equity Fam.

1:26.8

Hello to the Equity Fam.

...

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