Either the neoinsurance companies’ long-term models will come to fruition thanks to large cash balances providing runway to prove their point, or Wall Street is correct — they were always overvalued.
Airbnb, DoorDash report earnings as COVID threatens to slow the IRL economy (again)
Both companies were heavily impacted by the onset of COVID-19: Airbnb saw its revenues collapse in 2020, while DoorDash managed a simply incredible 2020 as folks stayed home and ordered in.
When the economic tide goes out, we’ll see which VCs are naked
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we were back to full strength, with Danny, Natasha and Alex joined by Chris to chat through the latest venture capital brouhaha. Namely, whether or not venture capital is about to get shaken to its core, or if we’re […]
Coinbase crushes Q2 expectations, notes Q3 trading volume is trending lower
After the bell today, Coinbase reported another period of impressive results in its second quarter earnings report. During the quarter, Coinbase’s total revenue reached $2.23 billion, which helped the company generate net income of $1.61 billion in the three-month period. The company benefited from a one-time line item worth $737.5 million, which stemmed from what […]
The China tech crackdown continues
We should expect more of the same from the Chinese government: More complaints about the impact of “excessive” capital in its industries, more tumbling share prices and more held IPOs.
Equity Monday: Apple’s privacy flap continues as crypto regulation looms
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Venture capital probably isn’t dead
Venture capitalists are chatting this week about a recent piece from The Information titled “The End of Venture Capital as We Know It.” As with nearly everything you read, the article in question is a bit more nuanced than its headline. Its author, Sam Lessin, makes some pretty good points. But I don’t fully agree […]
A lot of cash and little love: An insurtech story
The players in the space that we can name and track are generally cash-rich and market-sentiment poor.
Allocations sees a world where myriad, smaller private equity funds are the norm
This morning Allocations, a fintech startup building software to help smaller private equity funds form and operate, announced that it has closed a $4 million round at a $100 million valuation. The startup also shared a host of performance metrics, including that it reached a $4.6 million revenue run rate in June, and a $6 […]
When the goals of PR and journalism don’t align
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For our Wednesday show this week, Natasha and Alex hosted a PR roundtable. Yep, our promise back when Alex Konrad came on the program to chat funding rounds is being fulfilled. Here’s who joined us: Amy Widdowson, VP Corporate Communications at […]