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Equity

Your local trucker is giving us creator economy vibes

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 10 December 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

Friends, we're almost there: the end of the year that felt like a decade. This week, Mary Ann, Natasha and Alex put aside their 2021 fatigue and talked through a week full of news - and candidly, tensions. As always, shout out to Grace and Chris for producing the show and making us sound a whole lot better.  We got into the Lyft mafia, garbage, and why our local truckers are giving us creator economy vibes. Or more specifically: Kenya’s Pariti raised $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets, proving yet again how Africa's entrepreneurial scene is one not to miss. The empowerment trend continued with TrueNorth's $50 million fundraise to help biz-savvy independent truckers, and freshly-anointed unicorn AgentSync with news, as Alex reminds us, that insurtech is very much alive.  Opensea got a new CFO from Lyft, which led to IPO rumors, denial, and rumors about why there's denial about going public. Plus, as Natasha notes, if you're not leaving Lyft to join crypto, you're leaving Lyft to join climate.  The Trump Media SPAC is a mess, as we anticipated, frankly. Mary Ann is all over the Better.com saga as its comm, marketing, PR heads all submitted their resignations this week and CEO Vishal Garg issued a poorly-received apology for how badly he effed up the mass layoffs last week -- and as she hints, there's a lot more to come. We disagreed more than usual this episode, which is refreshing. So cheers to more of that next year, and we'll see you back here on Monday. 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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0:16.2

Hello and welcome back to Equity a podcast about the business of startups where we unpack the numbers and the nuance behind the headlines. My name is Alex. I'm out here in the snow and the taucha. I presume that it's cold in Jersey, but the news is hot. How are you doing?

0:21.2

I'm doing lovely. I had an espresso martini last

0:23.6

night and I'm still thinking about it so that's how I've been

0:27.2

so far. Are you thinking about it so delicious or thinking about it because you're

0:30.4

still hung over? Or did it keep you awake at night?

0:34.4

I need to just stay up to 11 PM sometimes,

0:36.3

and this is my answer to it.

0:37.8

What time do you normally go to bed?

0:40.0

Like in 830, no, 930 in in bed sleeping by 10 30.

0:43.6

Wow okay I'm impressed I can't process that.

0:46.3

Mary Ann hi how are you doing I hear it's warm in Texas.

0:49.6

Yeah yeah yeah like it's a high of 79 today and here I'm like so eager to bust out my cute sweaters and hats and you know I'd look dumb so I have to wait and I'm a little annoyed by that.

0:59.2

Why don't we just swap houses for the winter and all come to Texas where it's warm and there are tacos and you can come

1:04.7

here and shovel my walk.

1:05.7

Okay.

1:06.7

Seems like a fair trade to me.

1:08.3

We joke, we just, but there's quite a lot to get through even though it is the winter period

1:11.9

here, the news has not slowed down much so today we have

1:14.7

funding rounds from three excellent companies Peridi true North and agent sink we're

1:19.2

going to talk about executive movements over at lift and kind of what the crypto world has to do with the public markets.

1:25.0

Promise, that'll make sense when we get there.

1:26.0

The Trump's back deal is doing things,

...

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