Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
After having a good time with NEA’s Rick Yang last week, we thought we’d bring on another venture capitalist. So this week Danny and I had Elliott Robinson from Bessemer swing over for the show. As it turned out, he was about as correct as guest as possible as not only did the topics of the week line up with where he invests, he’s also friends with some of the folks that we discussed on the show.
So what did we talk about? A whole host of things including two rounds:
- Headspace’s fascinating $93 million hybrid, debt-and-equity round that pushes its known capital raised to date ahead of arch-rival Calm’s own.
- Nova Credit’s $50 million round to help power its cross-border credit system. (We all thought this one was smart.
Then we turned to two new funds, including Battery’s battery of new capital vehicles that add up to $2 billion. In this part of the discussion we also touched on capital velocity, and why some firms are writing the same number of checks, but still need more capital. On the other end of the capital spectrum, Equal Ventures put together its first fund, and we riffed on the health of the micro-fund ecosystem.
The news run continued, with our trio touching on Airbnb’s recent financial results, and our wonderment about how to price the firm, the closure of Brandless (RIP), and the issues at SoftBank.
All that and we had to leave Lyft’s fascinating earnings and Uber’s profit promises alone as we ran a bit long with just that set of topics. A good week, and we’re back Monday morning!
https://ift.tt/eA8V8J Big meditation money, new VC funds, and how do you value Airbnb? https://ift.tt/324yVS9
0 comments
Post a Comment