INSUBCONTINENT EXCLUSIVE:
Hello and welcome back toEquity, TechCrunch venture capital-focused podcast where we unpack the numbers behind the headlines.
This week was
We had Alex Wilhelm in-studio with ourguest Minal Hasan, founder of K2 Global, and TechCrunch Danny Chriton jumped in from New York to help
the crew dig through the biggest and best stuff from the last seven days.
It been busy, to say the least
First, we took a look at the Elon-Musk-taking-Tesla-private-situation, which has kept Markets Twitter in suspense for days
We didn''t really get to talk about the Grimes-Azealia Banks stuff, but, hey, stay in your lane and what not
Don''t forget that the latest Tesla upheaval comes on the heels of the firm pretty good earnings report.
Next, we took a look at earnings
Not of public companies, mind, but two unicorns that have become so large as to require regular financial disclosure
So, we took a peek into what Uber and WeWork had cooking
In short:
WeWork loses a lot of money, and despite its impressive growth we have some concerns;
Uber loses a lot of money, but due to its
impressive growth our group was (on average) not too worried.
Put into simple terms, WeWork long-term lease situation has us worried, while
Uber losses compared to its net revenue seem kinda alright given other financial metrics
Place your own bets, of course.
Moving along we took a dig into the NIO IPO, which you probably haven''t heard about yet
It another electric car company, but this time from China
And it raising a lot after having essentially zero history as a revenue-generating company
What could go wrong!
And finally, crypto and all that has happened to your favorite coin recently
Hasan was on hand with a grip of good points on the matter
She was a pretty damn great guest.
That it for this week, hang tight and come see us at Disrupt.
Production note: Alex mic was a bit whack
Please forgive the issue, we noticed and fixed it as fast as we could
Hugs and love!
Equity drops every Friday at 6:00 am PT, so subscribe to us onApple Podcasts,Overcast, Pocket Casts, Downcast and all the
