INSUBCONTINENT EXCLUSIVE:
Hello and welcome back toEquity, TechCrunch venture capital-focused podcast, where we unpack the numbers behind the headlines.
It the day
after Thanksgiving, so if you are reading this in America I hope there is a pet leaned up against your legs and that you are sitting next to
a fire while staring down one more plate of leftovers.
We made this episode for just such a moment
Welcome to our take on a relaxed episode of Equity, a show normally featuring four people arguing about this or that
This week, it just TechCrunch&sKate Clarkand myself digging into some of the strangestand most interesting rounds of the year
Thus far, at least.
So what made our cut
First, Allbird&s$50 million round for shoes
Shoes that are popular here in Silicon Valley
$50 million For shoes
Next, a few media rounds
Goop $50 million round for an e-commerce play powered by items of dubious scientific impactwas worth our time
Also, Cheddar $22 million Series Dwas notable
The streaming service capital base will likely ensure that you&ll see lots of its videos on Twitter in 2019
And TheSkimm raised a $12 Series C
We had some thoughts on that, as you might imagine.
Kate conjured up a theme called &Fewer And Fatter,& referring to funding events that are
outsized for their putative stage
An $88 million investment for generic ED meds sent through the mail that is claimed as a Series A Sure
And how about a $20 million Seed round for a company called &Oh My Green& Why not.
In the fitness realm, Peloton raised a $550 million round
earlier this year (the company seems to be doing well, though its advertising load feels high)
And Mirror raised $13 million
Guess what it does!
And one more: Brex
This company provides corporate cards to startups, cards that its IRL advertising claims offer strong perks
How it will hold up in the eventual correction isn&t clear
What is, however, is that it has $125 million more to work with.
We hope that you are well and that the holidays are as delightful and full
And if you are having a bad run of the end of the year, big hugs from the Equity crew
We think you are just perfect.
Stay warm!
Equity drops every Friday at 6:00 am PT, so subscribe to us onApple Podcasts,Overcast, Pocket
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