Home » Robinhood’s hangover, YC’s discount and Uber’s return to type

Robinhood’s hangover, YC’s discount and Uber’s return to type

by Admin
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Good day and welcome again to Equity, a podcast in regards to the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Alex, Natasha and Mary Ann received along with Maggie this week for our weekly roundup present, and per normal, there was quite a bit to speak about, together with the actual fact that there have been much more matters than normal to select from because the summer time slowdown appears to be fading away. 

What else did we get into? The next:

  • To kick off our Offers of the Week, we mentioned the truth that a startup which focuses on melancholy, suicidality and associated psychological well being circumstances is buying a company called KetaMD in an effort to increase its telehealth prowess and, particularly, to develop its tech-facilitated ketamine-based therapies. Don’t know what ketamine is? You’re not alone.
  • From there, it was time to speak about a new $100 million fund, which boasts some high-profile LPs and companions, that’s out to speculate solely in Latino(a) startup founders. We then dug into the hows and whys of a fintech firm that goals to get customers to deduct everyday expenses immediately from their paycheck – an idea that took us a bit to wrap our heads round.
  • We then moved on to Robinhood and the information that the retail funding behemoth had laid off 23% of its staff – simply 3 months after letting go of 9% of its workforce. The three of us had ideas on CEO Vlad Tenev’s acceptance of duty for the layoffs, and naturally, on simply how a lot dang information has surrounded the corporate up to now 18 months or so.
  • Subsequent up? We chatted about Y Combinator’s considerably shocking determination to shrink its cohort by 40% – what that might imply for the early-stage enterprise scene. We additionally get into its elevated verify dimension and in-person return. So many variables! Just one experiment!
  • Lastly, we riffed about Uber and the way the corporate each reported optimistic free money move and but was deeply unprofitable within the second quarter (due to Alex breaking that down for us). 

And we had a blast as well! See you subsequent time!

Fairness drops each Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts.

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