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Hi there and welcome again to Equity, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.
Alex and Grace are again to cowl the most important, boldest and baddest expertise information. This week we’re not recording on a Tuesday because it’s an everyday week. Although we’d add that Fairness shall be stay on Thursday, once we file our Friday episode. So if you happen to needed to come back cling, just remember to are following the present on Twitter.
Proper, so what did we get into this morning?
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- Shares are typically up, main cryptos will not be doing an excessive amount of this morning, and a Coinbase downgrade caught our eye.
- Backstage Capital is shedding workers because it focuses on solely investing into current portfolio firms. With much less capital than earlier than going to Black founders, seeing a fund that targeted on investing into underrepresented founders battle is a bummer.
- The Strapi startup spherical was a enjoyable one to take a look at, fusing open-source tech and CMSs, a instrument that we use right here at Nob6 slightly typically.
- After which there’s the mess at Digital World Acquisition Corp., the SPAC that desires to merge with former American President Trump’s digital media firm. It’s in hassle with regulators.
- The chaos didn’t begin there, nevertheless. 3AC is in default (like Russia!), the BlockFi rescue deal had internal pushback, Klarna may only be worth $10 billion, MilkRun loses lots of money, and we’re learning more about how India’s government is going after Twitter.
So, an effective way to begin the week. We child. Chat quickly!
Fairness drops each 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 of the casts.
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