Whats up, and welcome again to Fairness, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.
Mary Ann and Alex have been a dynamic duo this week, taking over a blizzard of tech information, startup updates, and questions that linger over a whole lot of billions of {dollars} value of enterprise capital investments.
Right here’s what the present acquired into at present:
The fascinating backers of Checkmate and the way forward for on-line buying: Mary Ann lined a really attention-grabbing Collection A for Checkmate, a startup that not solely has proven actual legs on the aggressive App Retailer, but in addition on social media platforms far and broad.
Cava’s IPO received’t save the IPO market, nevertheless it may assist all the identical: Alex is so IPO-deprived that he’s drawing connections between something that information and the startup market. This time it’s not even that a lot of a stretch!
Daylight calls it quits: From the “not an enormous shock” class comes the tip of Daylight, a neobank aimed on the LGBTQ+ market that has been struggling for some time. This introduced up the query: Are themed neobanks going to make it?
Layoffs, layoffs, layoffs: SoundCloud is slicing employees to get to profitability, which we are able to perceive. Meta is slicing employees as a result of it, nicely, desires to preserve capital for extra share buybacks?
Anthropic’s huge funding spherical and who would possibly win the AI battle: When is $450 million not that a lot cash? When you find yourself constructing foundational AI fashions which might be taking over OpenAI and others. Additionally on this part: Chilly Struggle metaphors.
And with that, we’re heading off into a vacation weekend right here within the U.S., so Fairness can be again on Tuesday.
For episode transcripts and extra, head to Fairness’s Simplecast web site.
Fairness drops at 7 a.m. PT each Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts. TechCrunch additionally has a nice present on crypto, a present that interviews founders, one which particulars how our tales come collectively and extra!
