Many of the unicorns aren’t • TechCrunch


Hiya and welcome again to Equity, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Oh what per week. What a week. Issues are busier than ever at TechCrunch, the place we’re popping out of our post-conference stupor and charging straight again right into a packed information cycle. Positive, Musk continues to be making waves, however there are startup rounds to cowl, layoffs to chew on, earnings protection, unicorn experiences, new information and extra.

After slicing again sharply on materials and nonetheless going lengthy, right here’s what Mary Ann, Natasha and Alex obtained into this week:

  • Rewind wants to help people with their memory. We discuss how the startup, which launched this week, makes use of recording expertise that can assist you get what you see, hear and say at your finger ideas.
  • We talked about Onward, a startup that desires to assist divorced or separated dad and mom combat much less about cash and the way it simply raised practically $10 million regardless of being pre-revenue.
  • The considerably odd, possible Byju’s IPO-spinoff of Aakash, a tutoring firm that it purchased the opposite 12 months. Our views may be summarized in meme format: An edtech IPO? On this economic system?
  • Unicorns face an incredibly uphill journey to get public, which can clarify partially why Byju’s isn’t itself going public (recall that it had had plans, however like with so many different corporations, these are on maintain).
  • After which there was Brex, which introduced a brand new partnership with Techstars regardless of a giant push into the enterprise house.
  • Stripe revealed it has cut 14% of its staff, or greater than 1,100 individuals, and its CEO and co-founder Patrick Collison admitted that the funds large had “overhired for the world we’re in.”
  • And eventually, there’s a new VC ratings company in the neighborhood. How can we really feel? Higher than some VCs, no less than.

Obtained all that? Good. Extra Monday morning.

Fairness drops at 7 a.m. PT each Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts. TechCrunch additionally has a great show on crypto, a show that interviews founders, one which details how our stories come together, and extra!



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