The wild swing in the price of Robinhood today appears from our vantage point to be another stonk moment.
Why Square is shelling out $29B to snag BNPL player Afterpay
With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick
Deliveroo could leave Spanish market ahead of on-demand labor reclassification
Deliveroo said it is considering leaving the Spanish market, citing limited market share and a long road of investment with ‘highly uncertain long-term potential returns’ on the horizon.
Robinhood’s CFO says it was ready to go public
Robinhood says it went public because it was ready. And our read of the markets is that it’s an appealing time for high-growth tech companies with a history of losses to do so. Yet it’s underwater.
Robinhood’s stock drops 8% in its first day’s trading
Once the U.S. consumer investing and trading app began to allow investors to trade its shares, they went down sharply, off more than 10% in the first hours of its life as a floating stock.
Student labor marketplace Pangea closes $2M seed round
The startup runs a marketplace that links college-age talent to companies in need of their services. Social media and web developer work are popular on the Pangea platform.
Shopify’s Q2 results beat estimates as e-commerce shines
Like Microsoft and Apple in the wake of their after-hours earnings reports, Shopify shares are having a muted reaction to the better-than-expected results.
Duolingo’s IPO pricing is great news for edtech startups
Duolingo, a consumer edtech company, is now more valuable per revenue dollar than the median public enterprise SaaS business.
China’s regulatory crackdown is good news for startups aligned with CCP goals
Things are changing in China, and the regulatory landscape of tech work in the country won’t be the same from here on out.
The mmhmm story and how it plans to spend its $100M
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 Chris had prior Equity guest Phil Libin back for a chat. Libin was first on our show a while back to chat about his startup studio. But since then, he’s been […]