Technology
$700M SAFE, IPOs are back and how one venture capital fund is pushing boundaries
Hello and welcome Right, a startup business podcast where we explore the numbers and nuances behind the headlines. This is our Friday episode, where we have a look at the largest stories from the week and discuss recent emerging topics.
This week we had Mary Ann, Becca and Alex on board. Becca is, in fact, one of the 2 hosts of TechCrunch’s Found podcast, which talks to founders about how they built what they did and how they did it!
But today on Equity, here’s what we got into:
- Deals of the week: Mary Ann desired to discuss Onyx, a neobank geared toward affluent adults starting their careers. It is turning to B2B and, contrary to what the Internet says, it is not dead. Alex desired to discuss Montauk Climate, a climate incubator founded by former co-founder Casper i Marc Lore’s recent cope with Wonder. The climate is not good, in case you missed the news. Therefore, such projects are welcome. Becca brought up the Ethos fund, which allowed us to debate cross-border investing.
- Saudi Arabia’s upcoming push into AI: : What has loads of capital and is able to devote it to investing in artificial intelligence? Sure, the local venture scene, but additionally the Saudi Arabian government. Significant venture capital funds fly to the Middle Eastern country to lift capital, but perhaps in the longer term the capital will come for them.
- How some VCs are stopping the IPO rush: Becca’s recent investigation revealed an interesting finding, which is that the proven fact that their corporations don’t go public might not be the fault of late-stage founders. In fact, their supporters would be the ones keeping the door closed.
- Oh, and Reddit began trading during our recording time and is doing well!
We’ll be back on Monday with more! So talk!
This article was originally published on : techcrunch.com