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Rapid Fire News: China’s techlash continues, Tesla’s incredible Q2 earnings, Tether holders move to USDC & more | E1254
Jason covers China reigning in big tech (2:03), Tesla’s incredible Q2 earnings crossing $1B in profit (25:30), a $300M market movement from Tether to USDC (33:24), and gives a breakdown of a Binance Crypto Pump Telegram group (37:43).
When Justin.tv launched in 2007, we had no idea what it would eventually become. Don’t be fooled; the journey was far from glamorous. In this episode I sit down with my good friends and Twitch co-founders Michael, Emmett, and Kyle to reminisce on the glory days of building Justin.tv and Twitch. We laugh about behind the scenes stories you haven’t heard anywhere else, reflect on the best and worst moments, how we worked well as a team, discuss joy and motivation, and fantasize about solving the problems of tomorrow. You’ll hear the importance of building ‘bad’ things quickly, developing the right mindset for building a startup, and how to stay curious. Check out the full episode on Justin Kan's YouTube channel here. Enjoyed this episode? The incredible stories on this podcast are made possible by our sponsors, check them out to support The Quest:Universe | The best mobile command centre for building your online business and content.Cashapp | Spend, save, invest in stocks and cryptocurrency easily 📺 Experience The Quest in 4K: https://youtube.com/c/TheQuestwithJustinKan🍎 iTunes: https://apple.co/3lU3fZs🎵 Spotify: https://spoti.fi/3srzJwq✍️ Newsletter: https://thequestpod.substack.com🌎 Everything Quest: https://justinkan.club
Tether executives are reportedly facing a DOJ criminal probe for bank fraud! Jason breaks down Bloomberg's report (1:31), Tether's response (10:34) and assesses potential implications for the wider crypto ecosystem, including if this had anything to do with Sunday night's Bitcoin surge. (16:29)
Equity Monday: China boosts pressure on its tech sector as Duolingo's IPO looks to raise a few more bucks
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.Ever wake up to just a massive wall of news? That was us this morning, so we had to pick and choose. But since this show is about getting you caught up, we decided to focus on the largest, broadest new information that we could:Asian stocks were down, European shares are lower, and American equities are set to open underwater. Bitcoin had a great weekend, however.China's edtech crackdown continued over the weekend, with the country's ruling party setting new rules for online tutoring companies; they can no longer go public and will be forced to become non-profit entities. Chinese edtech stocks around the world fell.China's larger tech crackdown continued over the weekend and into the week, with new moves against the present-day business models of both food delivery companies, and Tencent Music. The former must ensure minimum incomes, while the latter must give up exclusive rights deals. Shares fell.The Jam City SPAC is kaput. It will not be the last similar deal to fall apart.And we chatted about this bit of Rivian news, as it stood out to us.All that and we had a good time. Hugs and love from the Equity crew, chat Wednesday!
Renowned couples therapist Esther Perel joins us for Week 3 of our six part series on reopening, as we ask ourselves: How do we talk to our colleagues now?
This week on #PaisaVaisa, Host Anupam Gupta is in conversation with Harshad Chetanwala, Co-Founder, MyWealthGrowth.com about financial planning in India, how MyWealthGrowth started, the difference between AMFI registered mutual fund distributor and a SEBI registered RIA and the common mistakes people make while planning their finance. Don’t miss this episode as they offer advice for financial planning as a 25-year-old and much more on this episode of #PaisaVaisa brought to you by CRED - The Most Rewarding Credit Card Bill Payment AppTo know more about CRED, Check this out: ( https://cred.club/ )You can know more about MyWealthGrow: ( https://mywealthgrowth.com/ )Youtube:( https://www.youtube.com/channel/UCZ8TCX_Rd_1_xcnx1UGs-fg )Facebook: ( https://www.facebook.com/mywealthgrowth/ )Instagram: ( https://www.instagram.com/mywealthgrowth/ )LinkedIn: ( https://www.linkedin.com/company/mywealthgrowth )You can follow Harshad Chetanwala on social media:LinkedIn: ( https://www.linkedin.com/in/harshadchetanwala ) Twitter: ( https://twitter.com/harshaddc ) Get in touch with our host Anupam Gupta on social media: Twitter: ( https://twitter.com/b50 )Instagram: ( https://www.instagram.com/b_50/ )Linkedin: ( https://www.linkedin.com/in/anupam9gupta/ )You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app.You can check out our website at http://www.ivmpodcasts.com/
Last fortnight, Digit Insurance raised a $200 million round to make it one of the largest funding rounds in India’s general insurance industry, valuing the company at $3.5B. Article link : https://ajuniorvc.com/digit-insurance-lic-unicorn-india-startup-tech-general-acko/ More info on: ajuniorvc.com
In this rapid fire news episode, Jason covers a16z-backed Dfinity's crypto class action complaint (02:46), Snapchat and Twitter's massive earnings (19:36), the CCP considering turning it's ed-tech sector non-profit (32:38), Alphabet's new company (38:44), San Francisco's 17M sq. ft. of vacant office space (45:42), and then reflects on some old Disney+ predictions (56:48).
Toxic workplaces take many forms, but they share a common thread of bullying, negativity and harm. And they may result in wide-ranging consequences - right from physical health impacts to poor mental health and burnout, as well as organisational fallout. Experts say most bullying originates from poor management, with destructive behaviours trickling down from the top level. Abusive bosses can engage in harassing behaviour anywhere – before the pandemic, it would be during in-person meetings, presentations or casual workplace interactions. Now, they even occur on Zoom team calls, in messages or over e-mails. Bullying affects the quality of people's work, but what can be done about it? And how can you confront a bullying boss who's making your work-life a misery? In this edition of WorklifeIndia, we discuss the ways one can deal with bullying at the workplace. Presenter: Devina Gupta Contributors: Astha Chandra, life coach; Rosita Rabindra, co-founder, Diversity Dialogues; Sagar Mandhani, product manager at a startup; Anindita Sharma, communications consultant; Ronak Kotecha, media professional
We were smaller team this week, with Natasha and Alex together with Chris to sort through yet another summer frenzy of a week.This time around we actually recorded live on Twitter Spaces, which was a first for the podcast. If you missed it, it's probably because we didn't promote the taping since it was just an experiment. Good news, though, is that it went well, and we're going to some more live tapings of the show with the entire crew on the mics. Make sure to follow the show on the Big Tweet to ensure that you can come hang with us next week. We'll also do some Q&A at the end, if we're in good moods.Until then, let's live in the present. Here's what we got into in today's show:The blisteringly-hot EU startup market: You can raise money anywhere, but you might want to do it in Europe where VCs are putting a acre-feet of capital to work this year. Hours before the taping, Index Ventures announced a $3 billion trio of funds (and TikTok strategy?), basically solidifying our earlier reporting.The huge round for crypto trading house FTX, and OpenSea raising again: Regardless of whether or not you are paying attention to the crypt market today, investors are still firing capital at startups in the space at an eye-catching pace.Duolingo's first IPO price range: It's a good-news week for consumer-focused, edtech startups, since the public markets will finally get a taste of an non-enterprise sector startup. Plus, Duolingo's upcoming finance event could lead to them finally bolstering areas like speech, cultural norms, and fluency.From the world of funding rounds, we had notes on Sololearn, Numerade, NewCampus, Mural, Spreadsheet.com, and Bolt. The conversation ran into some fresh corners, such as how a company raised less than its preceding round but 4x'd its valuation and if we should bite-size all learning.
Jason covers China's increasing penalties for Didi (2:52), Twitter's test of a downvote feature (12:13), and how the UAE was able to induce rain with electricity (17:32). Then Do Kwon, the founder of Terraform labs joins (22:38) to discuss his stable coin project TerraUSD (31:18), the underlying cryptocurrency LUNA, and shed light on Tether as crypto insider (59:56).
कर्मचारी चयन आयोग (एसएससी) ने जीडी कांस्टेबल भर्ती का नोटिफिकेशन जारी कर दिया है। इस बार कांस्टेबल के कुल 25271 पदों पर वैकेंसी निकाली गई है।
In the news segment, Jason reacts to the Tether CTO & General Counsel's interview on CNBC (2:22) and then digs in to Netflix's latest earnings report (37:35). Then, Vincent founder Slava Rubin joins to discuss all things alternative assets (44:26), trading cards, Launch’s investment, and his work founding Indiegogo.
For this week’s deep dive, Alex and Natasha took a trip down memory lane to the great WeWork saga. We had WSJ reporter and author Eliot Brown on the show to chat about his new book, The Cult of We, written with his colleague Maureen Farrell. You can snag it here if you haven't already.Brown and Farrell were key reporting voices during WeWork's rise, and fall, covering the company's growth, hijinks, and demise.Recently, WeWork has filed to go public via a SPAC, bringing the co-working startup to the public markets years after it initially tried for an IPO. It will debut at a fraction of the value that it once commanded on the private markets.For fun, you can read the original WeWork S-1 filing here.The WeWork-SPAC deck is here.While we had Brown on the show, we took the time to dive into how he handled reporting the WeWork story, what his take is on today's startup market, and how the tech media in general can do a better job. It felt like a masterclass for journalists and founders alike, which we'd argue is Equity's sweet spot.What lessons can we take away from WeWork's rise and fall? At a very basic level, that companies with slim gross margins are not software companies and should not be valued as such. And that allowing founders to have monarchical control of their company goes against historical norms of good corporate governance, which isn't so smart.
In news Jason covers Bezos reaching space (2:32), Robinhood's S-1/A (13:28), Circle's new USDC attestation (22:25), crypto crackdown in Asia (36:06), Zoom buying Five9 for almost $15B (46:00) Keith Rabois' OpenStore (47:11). Then for our Next Unicorns series, Jason interviews Flock Safety CEO Garrett Langely, about reducing crime in American cities and neighborhoods (50:18).
Conor White-Sullivan: Networked Thought (Part 2) | Roam Research, Climate Change, Community, Empowerment
Missed Part 1 of this conversation? Check out last week’s episode, or head over to The Quest YouTube channel for the full episode.Last week, Conor and I discussed augmenting collective and individual intelligence, evangelical churches, anthropology, and truth-seeking. Continuing from where we left off, we dive further into the philosophy behind Roam Research, the concept of networked thought, climate change, empowerment, and self-love. This was a powerful conversation about how communities allow all of us to hold each other accountable, and develop a deeply connected sense of trust.Enjoyed this episode? The incredible stories on this podcast are made possible by our sponsors, check them out to support The Quest:Universe | The best mobile command centre for building your online business and content.Cashapp | Spend, save, invest in stocks and cryptocurrency easily🎥 YouTube (Full Episode): https://www.youtube.com/watch?v=polm57MvmRE🍎 iTunes: https://apple.co/3lU3fZs🎵 Spotify: https://spoti.fi/3srzJwq✍️ Newsletter: https://thequestpod.substack.com🌎 Everything Quest: https://justinkan.club
Strategy Session: When should founders step aside? Where can you find investors? Were pandemic pivots harmful?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.It was a big damn morning, so we had to cut some stuff. Here's what we got into:Stocks and cryptos are off this morning, as inflation and COVID-19 concerns rise.Zoom is buying Five9. The deal is not super expensive, nor is it cheap. But given the huge percentage of Zoom's market cap that it represents, it's a serious wager from the video conferencing startup.Carlyle is buying LiveU for around $400 million. TechCrunch broke this news. The deal shows that private equity interest in startups that aren't unicorns.Robinhood dropped a new SEC filing this morning! That means we have a price range and valuation target to play with. More from TechCrunch on the matter shortly.From India: A huge round for Lenskart, and a big Series A for GlobalBees.And we covered this round from Nigeria. A smaller transaction, but one that could prove to be quite neat, we reckon.Ok! Chat Wednesday!
देश भर में मेडिकल प्रवेश परीक्षा नीट का आयोजन 12 सितंबर को होगा। IBPS ने क्लर्क के 5858 पदों पर भर्ती के लिए आवेदन मांगे हैं।
It’s Week 2 of our six part series on Re-Opening, and we’re asking ourselves: Where are our offices now? Jessi is joined by two LinkedIn colleagues, Leah Smart and Jackie Goldberg, who each traded in cramped NYC living quarters for two very different live-work experiences.
This week on #PaisaVaisa, Anupam Gupta talks to Vishal Ranjan, Founder and CEO, vCard about the digitization of payments in India, the various improvement in the payment methods such as UPI, credit cards and loans in the Indian market. They also discuss what vCard has to offer on this episode of #PaisaVaisa brought to you by CRED - The Most Rewarding Credit Card Bill Payment AppTo know more about CRED, Check this out: ( https://cred.club/ )You can know more about vCard: ( https://vcard.ai/ )Google Playstore: ( https://play.google.com/store/apps/details?id=com.virinchi.vmod )Facebook: ( https://www.facebook.com/vCardai/ )Twitter: ( https://twitter.com/vCard_ai )Linkedin: ( https://www.linkedin.com/company/vcard.ai/ )Instagram: ( https://www.instagram.com/vcard_ai/ )You can follow Vishal Ranjan on social media:Twitter: ( https://twitter.com/I_Wishall )Linkedin: ( https://www.linkedin.com/in/vishal-virinchi/ )Get in touch with our host Anupam Gupta on social media: Twitter: ( https://twitter.com/b50 )Instagram: ( https://www.instagram.com/b_50/ )Linkedin: ( https://www.linkedin.com/in/anupam9gupta/ )You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app.You can check out our website at http://www.ivmpodcasts.com/
Ranjeet grew up in a small village with less than 1000 population. He used to go to the nearby city on weekdays to attend school and return to the village on the weekend. As a kid he was a voracious reader, starting with first his school textbooks, later devouring Hindi literature, comics, and novels. As he grew up, he slowly shifted to reading English as there was no regional content available online. Coming from a humble background, getting a stable job was what his family wanted for him. After completing his MBA, he got a job at Vodafone. He liked the job but after a few years, he wanted to do something more challenging. So quit his job and decided to startup. As he started searching for business ideas, many of his friends advised him why doesn’t do something to solve online regional content - a problem Ranjeet often cribbed about. As he started talking to people about this problem - he received many suggestions - Indians don’t read, People don’t read long-form content anymore, No one wants regional content. But he knew that wasn’t true and had a deep conviction that there was a space for an Indian regional content player. Thus, Pratilipi was born. Today Pratilip is India’s largest regional content platform with over 3 lac writers and more than 2.5 crore monthly active users For more details visit: ajuniorvc.com/podcast
Jason covers Anthony Bourdain's amazing AI deepfake voice in "roadrunner" & potential startup ideas for the technology (01:49), the investigation into EV startup Lordstown Motors (12:27), and the way businesses are reacting to how COVID is being managed in FL & CA (42:11).
Across the world, drones are already being used to carry products, perform security surveillance or conduct warfare. It's becoming more common to hear the soft buzz of a drone flying overhead. India, which has so far trailed in adopting the technology, is now eager to ease norms and encourage the use of drones. Does that mean getting your pizza delivered within 10 minutes with a drone flying in through your window? Would everyone welcome this trend? And how would it impact bigger scale applications in areas such as the military, healthcare and geospatial mapping? In this edition of WorklifeIndia, we discuss how new policy rules could impact the drone industry's future. Presenter: Devina Gupta Contributors: Vipul Singh, co-founder, CEO, Aarav Unmanned Systems; Dr Ruchi Saxena, director, India Flying Labs; Smit Shah, director, Drone Federation of India
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines.The whole crew was here this week, with Danny and Natasha and Alex together with Grace and Chris to sort through a very, very busy week. Yep, somehow it is Friday again which means it's time for our weekly news roundup.Here's what we got to in our short window of time:The Jianzhi Education IPO: We have questions. The Chinese edtech company is looking to list in the United States after Chinese regulators clamped down on Didi and other China-based, American public offerings. Bravery? Stupidity? Brilliance? It's hard to say, but we'll be watching.Zomato's IPO and the Indian tech scene: As Zomato puts the final touches on its impending public offering, we chatted about the listing and what it may mean for the larger, red-hot Indian startup market.The AI conversation: ZoomInfo bought Chorus.ai this week, which we had lots of say about especially in light of Gong's epic valuation. And Discord bought Sentropy, which also uses AI, albeit for a very different purpose. The great AI startup marketing push of years' past has finally led to a few neat exits.Apple vs. Startups: That's the gist of our chat about the BNPL space and Apple's possible invasion of the hot startup market. In short, who's at risk? We have a few ideas.The TechCrunch List is dead — long live commodity capital: We get into how a list that separates VCs by sector and stage makes no sense into today's lawless investing world.Which brings us to a series of new funds. As Natasha pointed out, the scene for emerging fund managers has never looked more diverse.Nooks raised a seed round, which turned us back into the world of virtual HQs.And we closed with a quick digest of the latest morsels from the fake-meat startup smorgasbord, including what Gourmey is cooking, what Next Gen Foods is whipping up, and how Beyond Meat plans to keep its market cap sizzling.Like we said, a busy week! Chat you all on Monday morning, early.
Rapid Fire News: FB’s right-wing algo, Tether update, giving Cuba internet, Powell on stable coins & more | E1247
News episode, Jason covers CrowdTangle's data headache (01:56), how the White House wants to crack down on social media misinformation (13:34), Florida Gov. Santis proposal for providing internet to Cuba (17:17), a $1B fund for creators (21:32), our Tether investigation (25:07) & more!
To kick off this season of "The Next Unicorns," Adena Hefets, CEO of Divvy Homes, joins to discuss how they are helping Americans blaze a path to owning a home (2:51), if we are in a real estate bubble (25:37), the American home shortage (34:53) and more!