INSUBCONTINENT EXCLUSIVE:
Hello and welcome back toEquity, TechCrunch venture capital-focused podcast, where we unpack the numbers behind the headlines.
This time
&round we had Connie and Alex on hand with Brian Ascher, a longtime partner with Venrock down in Palo Alto, Calif
It was a surprisingly busy week, so we had our work cut out for us
Without further ado:
GitHub! The biggest story in tech this week was right up our alley: Microsoft bought the venture-backed GitHub for $7.5
billion, bringing a massive portion of the developer world under its auspices
Whether developers wantpassports to Redmond remains up for debate, but from a corporate perspective, Microsoft move has largely been
The transaction also provided a huge bump for GitHub investors, including a16z.
Domo! Another tech company is fighting to go public, but
this time there doubt it can pull it off
Domo numbers are the wrong side of rough, with the firm burning tectonic amounts of cash to grow quite modestly
If the firm manages to go public, and soon, it may struggle to stay alive.
Scooters! As per usual, there new money flowing into the scooter
(Note: Domo is looking to tap thepublicmarkets at a time whenscootercompanies can raise $450 million in two rounds
Ouch.) We try to find out if Bird and Lime are worth the change, as well as why do they need so much cash
We also touched on the broadercrowded non-car, on-demand transit space.
Dataminr! Sticking to the mega-round theme, Dataminr huge raise was
perfectly timed for this episode, as our guest firm has money in the company
Indeed, with $221 million more in its pocket, Dataminr — which makes sense of online chaos for its customers — has an epic bankroll from
which to bet.
Here a fun question: What will Equity sound like when the market turns and we cover the slowing of venture and the compression
of valuations instead of venture acceleration and towering new post-money figures All we know today is that the venture world is investing
like that reality is far-off
We&ll see.
Hit play, and we&ll be right back.
Equity drops every Friday at 6:00 am PT, so subscribe to us onApple Podcasts,Overcast,
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