Author: Alex Wilhelm

Ridesharing IPOs and $850M for Luckin, Plaid and Zymergen

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the regular crew back together which was good fun. Connie took point, we had Danny mic’d up in New York, and I was onsite to help the crew natter along with Bubba Murarka, a former VC and founder who now cuts checks on his own. Thematically, this was a week of mega rounds so we had little choice but to go over more than a few. And Uber is out there doing its IPO thing. So, we started with...

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SoftBank’s Vision Fund inches closer to $100B

TECHCRUNCH Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor The top 10 cities for $100M VC rounds in 2018 so far The SaaS VC gap: China & other markets trail the US Much has been said about the SoftBank Vision Fund (SBVF), mostly in awe of the size of the investment vehicle. It’s important to remember that the $100 billion number most often associated with the gargantuan fund is only a target. Today, however, the Vision Fund inched yet closer to that 12-figure goal as it continues to pour billions of...

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Lyft’s going public, Uber’s eyeing Bird, Utah’s tech scene and trade tensions

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had Connie Loizos in the studio along with Kate Clark, myself and a special guest. The special guest was fitting, as it was a special episode. Why? Because this is our 100th episode, a milestone that would have probably seemed a silly idea back when we started the show. This week our first guest, SaaStr founder and venture capitalist Jason Lemkin came back on the show. When he first showed up, we talked Elon Musk. This time it...

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Asana raises $50M, Airbnb gets a new CFO, and a 2019 IPO preview

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week as TechCrunch Disrupt Berlin came to life, Kate Clark and I snagged some mics and dug through the biggest news of the week (a $50 million check), and talked through who may go public next year, and what those IPOs might look like. Our usual fare, if you will. (If you are missing Danny and Connie, fear not, they will be back next week.) This week we hit two news items and one roundup. Here’s the skinny: Asana raises $50...

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Equity podcast: A Thanksgiving-ish special episode

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. It’s the day after Thanksgiving, so if you are reading this in America I hope there is a pet leaned up against your legs and that you are sitting next to a fire while staring down one more plate of leftovers. We made this episode for just such a moment. Welcome to our take on a relaxed episode of Equity, a show normally featuring four people arguing about this or that. This week, it’s just TechCrunch’s Kate Clark and myself digging into some of the strangest and most interesting rounds of the year. Thus far, at least. So what made our cut? First, Allbird’s $50 million round for shoes. Shoes that are popular here in Silicon Valley. $50 million? For shoes? Next, a few media rounds. Goop’s $50 million round for an e-commerce play powered by items of dubious scientific impact was worth our time. Also, Cheddar’s $22 million Series D was notable. The streaming service’s capital base will likely ensure that you’ll see lots of its videos on Twitter in 2019. And TheSkimm raised a $12 Series C. We had some thoughts on that, as you might imagine. Kate conjured up a theme called “Fewer And Fatter,” referring to funding events that are outsized for their putative stage. An $88 million investment for generic ED meds...

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Uber’s financials, Qualtric’s $8B exit and what’s going on at WeWork

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the excellent Connie Loizos on the air, we had Danny Crichton on the horn from New York, I was in the studio mostly hacking up one lung or the other, and we had Matt Howard of Norwest Venture Partners. And so, with smoke in the Bay and snow in the Big Apple, we dug into what we love. Namely, dollars. Uber was first in line due to the scale of its results. The firm disclosed its third-quarter results...

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The top 10 cities for $100M VC rounds in 2018 so far

TECHCRUNCH Crunchbase News recently profiled a selection of U.S. companies’ largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million. A major driver of global venture dollar growth is the relatively recent phenomenon of companies raising $100 million or more in a single venture round. We’ve called these nine and 10-figure deals, which shine brightly in the media and are hefty enough to bend the curve of VC fund sizes upwards, “supergiants” after their stellar counterparts. And like stars, venture-backed companies tend to originate and co-exist in clusters, while the physical space between these groups is...

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SoftBank’s debt, Ford buys Spin, and Chinese coffee is huge money

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a blast. Connie and I were in the studio with our guest, True Ventures’s Tony Conrad, while Danny repped the other side of the country, dialing in from New York. It was another week shaped by news from Asia. Once we had sorted the sartorially expedient, we first turned to the world of SoftBank, this time taking a close look at its debt load. While SoftBank is currently famous for its investments through its Vision Fund, the company is picking...

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