Where's the center of the startup world? Depends on which VC you ask

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 16 September 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann jumped on the mic, with Theresa on backup, to talk through the biggest headlines. We started with a look at the Figma-Adobe deal, worth some $20 billion. TechCrunch's news coverage is here, and Alex has more notes here. Deals of the Week: Maven, Patreon, and Modulous. We also spoke about the Launch House issue, and what to make of the model, and management of the company. The conversation naturally landed us on just what community is. From there, Europe! Which is seeing a wave a new venture funds, leading to some notable intra-continent competition. And then we wrapped with a short note on the latest on the Twitter-Musk deal. If you are coming to Disrupt, use the code “EQUITY” to save 15%. It makes us look good internally, and gets you a cheaper discount to our first Disrupt live show in the history of the podcast. 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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0:14.4	Hello and welcome back to Equity, a Tech Ranch podcast about the business of startups where we unpack the numbers and the nuance behind the headlines. My name is
0:18.5	Alex, this is our Friday show, so I'm joined by the crew. With me I have Mary Ann Asaveto repping Austin, Texas.
0:24.8	Mary Ann, how are you doing?
0:25.8	Doing great Alex, how's it going?
0:28.0	This has been the single longest week in the history of technology and we are powering
0:31.2	through and we have lots to talk about today which is why I'm glad
0:34.9	Marianne we brought along with us Natasha Muskeranus Natasha hello how are you
0:38.4	hey you know lots of nuance this week and lots of numbers so can't complain we asked for it someone's
0:44.0	you know we did we've tempted fate and fate has come through all right before we
0:49.9	actually get into the show we are going to talk about deals from maven
0:52.8	patreon and prefabs we're going to talk about launch house Europe and
0:55.7	Twitter but first this morning or Thursday morning now by the time you hear this
0:59.7	big news is that Adobe is buying Figma for a stonking huge amount of money.
1:05.4	20 billion dollars. I have a take but I'm curious before we get into that.
1:11.2	Were you too surprised by this announcement?
1:14.0	Yeah, I mean, it's a massive exit and I think nobody expected a $20 billion acquisition
1:22.0	these days.
1:23.2	One of the things I find interesting though is
1:25.1	Ron Miller talked to Figma's CEO and said that he really got the impression
1:31.0	that he's happy about the deal beyond just the money.
1:33.7	I mean, of course, who wouldn't be happy about that?
1:36.0	But that he feels like it's a really good move for the company and that it's going to kind of
	...

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