INSUBCONTINENT EXCLUSIVE:
Hello and welcome back toEquity, TechCrunch venture capital-focused podcast where we unpack the numbers behind the headlines.
This week was
First, it was our ownConnie Loizos first time leading, and it was our very first regular episode that included us recording remotely
I mention that as Matthew Lynley and I were in different places, meaning that we had a bump or two to smooth out
Your patience is more than appreciated.
Happily, we didn&t have to adventure alone, as Jonathan Abrams ofFounders Den was on hand to help us
cart through the news.
Up first: A huge round for Rover, bringing even more money into the dog- and pet-focused space
As you&ll surely recall, this is not the first time that a tectonic sum has been disbursed into the pet-care vertical
Hell, Rover $155 million in new capital, while impressive, still can&t touch Wag epic $300 million infusionthat happened earlier in the
cycle.
While we were on the subject, another SoftBank-backed company made waves: Uber
Yes, our favorite and least favorite topic is back.
This time Uber released yet another grip of statistics relating to its financial
performance in the first quarter
The big picture More gross spend, more net revenue, smaller losses
But how you measure Uber pace of financial improvement depends on how you measure its lossesand its remaining markets.
This being Equity,
however, we couldn&t avoid the IPO topic
So, in order:
A Foxconn subsidiary will soon bemaking big waves in China with a huge debut;
A Dutch payments unicorn is going public on the
back of great results;
GreenSky went out, and did pretty OK, which was a change of pace from recent debuts.
All that and we had a laugh
Thanks for listening in, and we are back next week.
Equity drops every Friday at 6:00 am PT, so subscribe to us onApple Podcasts,Overcast,
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