You can only invest if you promise not to read the fine print, ok?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. News was right back up to a dull roar this week, so we did our best to trim and hone and just bring you the most important things.
Here’s the rundown:
David Dobrik stepped down from Dispo, the photo-sharing app he co-created, this past week after allegations came out about him. We talked about the venture capital angle, since early-stage investors in the app reactively distanced from their investments. Could this set precedent or have a chilling effect on celebrity startups?
Robinhood filed privately to go public! So, it’s happening, everyone. At long last, one of Silicon Valley’s hottest companies is kicking off its IPO process. We’re hype, you’re hype and we had some jokes.
And in other mega-unicorn news, it appears that Microsoft is tempted to plonk down $10 billion for Discord. Why, you ask? Well why not. It’s just $10 billion from Microsoft’s $1,780 billion valuation. Or around half a percent.
Let’s all get some rest!
Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 AM PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts!