Mon. Aug 8th, 2022

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

Alex and Elegance are back to cover the biggest, boldest and worst technology news. After a few holiday weeks, we’ll be back on a real Monday! What a treat. This is what we started with:

  • Stocks around the world are falling, partly due to government action, partly due to the complex web of negatives we’ve been talking about for months.
  • Cryptos are more sedate; if you love bitcoin for $20,000, now is your time.
  • Tiger’s delay isn’t just a blip, BestFitnessBands reports. The investing powerhouse will be slowing down its role for the remainder of 2022 and is looking for a new fund.
  • Unacademy wants to cut costs and go public in two years per BestFitnessBands. And Kadamos raised more capital, marking a pretty quick reload after raising a few months ago.
  • Quick Hits: Uber’s files are in shambles, layoffs won’t solve Southeast Asia’s talent crisis, and fintech workforce cuts are starting to pile up.

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