Saturday, October 14, 2023
HomeMobileMany of the unicorns aren't • TechCrunch

Many of the unicorns aren’t • TechCrunch


Howdy and welcome again to Fairness, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Oh what every week. What a week. Issues are busier than ever at TechCrunch, the place we’re popping out of our post-conference stupor and charing straight again right into a packed information cycle. Certain, Musk remains to be making waves, however there are startup rounds to cowl, layoffs to chew on, earnings protection, unicorn experiences, new knowledge, and extra.

After slicing again sharply on materials and nonetheless going lengthy, right here’s what Mary Ann, Natasha, and Alex received into this week:

  • Rewind desires to assist folks with their reminiscence. We discuss how the startup, which launched this week, makes use of recording expertise that will help you get what you see, hear and say at your finger suggestions.
  • We talked about Onward, a startup that desires to assist divorced or separated mother and father combat much less about cash and the way it simply raised almost $10 million regardless of being pre-revenue.
  • The considerably odd, attainable Byju’s IPO-spinoff of Aakash, a tutoring firm that it purchased the opposite yr. Our views might be summarized in meme format: An edtech IPO? On this financial system?
  • Unicorns face an extremely uphill journey to get public, which can clarify partly why Byju’s is just not itself going public (recall that it had had plans, however like with so many different corporations these are on maintain).
  • After which there was Brex, which introduced a brand new partnership with Techstars regardless of an enormous push into the enterprise house.
  • Stripe revealed that it has reduce 14% of its workers, or over 1,100 folks, and its CEO and co-founder Patrick Collison admitting that the funds big had “overhired for the world we’re in.”
  • And at last, there’s a brand new VC scores firm within the neighborhood. How will we really feel? Higher than some VCs, a minimum of.

Obtained all that? Good. Extra Monday morning.

Fairness drops at 7 a.m. PT each Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts. TechCrunch additionally has a nice present on crypto, a present that interviews founders, one which particulars how our tales come collectively, and extra!



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