Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Stocks are mixed around the world, notably lower in China on the back of some negative economic data, and down in the United States ahead of what is expected to be another rise in interest rates thanks to the Federal Reserve. Crypto prices have held onto recent gains.
A busy weekend of Twitter leaks lead the news cycle. Precisely if, and if yes, how much, Twitter can charge for verified accounts to keep their badge is now a point of conversation. Other reports of development deadlines with termination held as a threat if they are not met are likely doing great things for staffer morale.
It turns out that self-driving cars are still far away. I am crying.
Startups Zebra Labs and Invygo raised money, showing that the global startup investment market has not frozen, and that there is still funding for more future-facing efforts like Zebra in the metaverse.
Finally, we're keeping close tabs on the Q4 venture capital cycle. If we don't see a rebound soon, how many unicorns die?
And that's our show! More Wednesday!
Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!