When do layoffs matter? Trick question - always

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 1 July 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This was a live week on the podcast, meaning that Mary Ann and Alex and Natasha and Grace teamed up with the fine audio and visual folks from our mothership Yahoo to not only record the show, but to do so in front of, well, all of you! It's fun to record live, and we'll do it again in two weeks! What did we get into? The following: Deals of the Week: HomeLister wants to make selling your home more of a DIY affair, and cheaper; Degreed's co-founder is coming back to the company he helped found, via a different company that he helped found; and can chat bots not suck in the future? Coalition: What happens when you cross a small venture capital fund, a large operator network, and shared upside? Coalition wants to find out. Layoffs: Backstage has cut its staff to the quick, while we saw smaller cuts at Substack this week in percentage terms. Both rounds of layoffs were launching points for questions, and discussion on the show. Robinhood: Will the company, beleaguered with a rock-bottom share price and slipping consumer mindshare, sell? Equity is off Monday for the holiday, but back three times in the following four days. Chat then! Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. 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
0:15.2	startups where we unpack the numbers and the nuance behind the headlines.
0:18.7	My name is Alex and I'm joined today with my absolute best friends because it is a live
0:22.2	show and so we need all troops
0:23.8	aboard the Good Ship Equity. Natasha please say hello. Hello hello.
0:27.8	And Marianne hello I hear Austin Texas is nice and cool this time of year.
0:31.6	Oh yeah it's great.
0:32.9	Hi, I'm happy to be here.
0:34.5	No weather guys from the top.
0:36.3	How are we already talking about weather?
0:37.6	Okay, it's because I have to turn the AC off from my office
0:40.4	to record the show and it's hot here and I was thinking that if I'm
0:42.5	sweating Marianne must be literally turning into a puddle of human goo. Okay fine. Yeah no at
0:48.0	least we have good air conditioning or thank goodness. Yeah thank God. So tuned in, we have changed this up a little bit.
0:54.3	We are not on Hopin because that was a little hard to get people to register and to show up and it was kind of an
0:58.5	extra thing to jump through.
1:00.3	So instead we're on Twitter spaces, you can tune in live to audio.
1:03.0	We're on YouTube, so you can watch a video of us if you like,
1:05.6	and I think we're also on Facebook, a platform I have not used in like five years.
1:08.6	So I don't actually know if that's still a thing, but I hear that it is.
1:11.4	So you can tune in in when we're live.
1:13.0	Wherever else you want just not on hopping apparently.
	...

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