Hello and welcome back to Equitya podcast on the business of startups, where we break down the numbers and the nuances behind the headlines.
This week Alex I was back with Grace and our new producer Teresa Loconsolo to start the week. This Monday morning we recorded just before Garry Tan announced that he would return to Y Combinator as its president. Dammit
But we still had quite a lot to talk about!
- Stocks are not having a good day around the world, having had a rather difficult last Friday. It is hardly bullish for the IPO market.
- Things weren’t much better in cryptocurrency land, where bitcoin and ether are down from their prices of a week ago, and NFT volumes remain muted.
- And speaking of quiet startup news, Y Combinator aside! — was modest over the weekend. It looks like the August slowdown is real and it’s here. Frankly, startups could use a shot in the arm to get back close to the level of craziness of 2021. Could the Instacart IPO we hope be the necessary catalyst?
- Another potential Good Vibes catalyst we are tracking is If and when the Tether audit will finally happen.
- Also in the news: Honda is going to spend big to build batteries in the US; Indian mobile connectivity will improve next year; and Meta and Indian conglomerate Reliance are teaming up for e-commerce.
Equity returns Wednesday Thursday for a live show! Talk to you later!
Equity drops every Monday at 7am PDT and Wednesday and Friday at 6am PDT, so subscribe to us at Apple Podcasts, Foggy, Spotify Y all the casts
Does venture capital need a push? by Alex Wilhelm originally posted on TechCrunch
