Good day and welcome again to Fairness, TechCrunch’s enterprise capital-focused podcast, the place we unpack the numbers behind the headlines.
Natasha and Alex and Grace and Chris gathered to dig via the week’s greatest happenings, together with some information of our personal. As a be aware, Fairness’s Monday episode might be touchdown subsequent Tuesday, due to a nationwide vacation right here in the US. And we’ve got one thing particular deliberate for Wednesday, so keep tuned.
Okay! Right here’s the rundown from the present:
- Apollo accomplished its takeover of
Verizon Media GroupYahoo: Yep, we’ve got new bosses, and we’ve got emotions about it. However largely the TechCrunch information was a helpful segue to Drift’s majority exit to Vista Fairness Companions at a value that made the Boston-based startup a unicorn. Phrases weren’t disclosed, sadly, however Drift’s revenues appeared robust going into the transaction. That left us with questions. - Then we chatted about Databricks, which raised a small nation’s GDP in a single funding spherical this week, valuing the data-and-ML firm at a staggering $38 billion valuation. Why isn’t Databricks going public? As a result of it doesn’t must, largely.
- Hum Capital believes the way forward for startup fundraising requires a return to old fashioned Wall Road. The startup helps founders and buyers navigate the overly fragmented market as of late, and simply raised thousands and thousands to scale this service.
- Type there we dug into two IPOs, together with the very attention-grabbing story of Toast, one other Boston-based firm, and AllBirds. The AllBirds providing was much less thrilling from a numerical perspective, although Natasha and Alex each like their sneakers from the corporate.
- And to shut out, we mentioned how Compound Meals desires to save lots of the planet by making espresso sans beans. Which we’re prepared to attempt as quickly as we will.
That’s a wrap from us for the week! Hold your head atop your shoulders and have a fantastic weekend!
Fairness drops each Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts.
