Author: Alex Wilhelm

Equity Shot: Twitter and Snap’s surprising, synchronized social success

TECHCRUNCH [embedded content] Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Today we’re doing another Equity Shot, a short topic-centered episode where we assemble the troops to dive into one particular thing. Or, in this case, two particular things. Matthew Lynley, myself, and Katie Roof gathered to pick over Snap and Twitter’s respective earnings reports. They each managed to best expectations, leading to sharp rises in their respective share prices. First up, Snap shot sharply higher after beating Wall Street revenue and profit expectations. The firm remains deeply, deeply unprofitable, consuming...

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Equity live from SaaStr: The market loses its mind, bitcoin tanks, and when will Slack go public

TECHCRUNCH [embedded content] Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was a treat. Not only did venture capitalist Annie Lamont join our own Katie Roof, Matthew Lynley, and Alex Wilhelm, we also recorded this episode live at SaaStr, a yearly SaaS-focused confab in San Francisco. (SaaStr is the brainchild of venture capitalist Jason Lemkin, who was the very first guest on Equity.) Happily for us, though not happily for your 401k, the markets took a massive dive and wound up bouncing SaaS stocks right as we were prepping the episode. Perfect fodder, if you will, for the moment. What the market’s chop means in practice is that quite a few companies that went public last year took hits while this year’s IPO list is just getting itself together. Will the market turbulence impact private-market investment? Lamont votes no, given that the upward swing was only so impactful. O92A9600 O92A9609 O92A9616 O92A9624 O92A9631 O92A9641  View Slideshow Previous Next Exit Scooting along, we noodled our way through the Big Cash Return Cycle, in which a host of tech giants may bring home hundreds of billions of cash. What will they do with it? Well, that’s the new game. Will they buy a host of smaller tech companies? We tried to figure it out. All that and we looked into the...

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Equity podcast: Dog-walking startup gets $300M, Airbnb isn’t going public and Amazon is fine

TECHCRUNCH [embedded content] Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Matthew Lynley and Alex Wilhelm were joined by General Catalyst’s Steve Herrod, who helped us dig through the week’s biggest news. As a group, we looked at Wag’s mega-round, a $300 million infusion from SoftBank’s Vision Fund. The scale of the capital was surprising, though the round had been rumored previously. What will the company do with the money, and why might it need so much were questions on the top of our minds. Next up was...

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Equity podcast: Netflix soars, Twitter loses a big bird, Lyft isn’t woke and more ICOs

TECHCRUNCH [embedded content] Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we once again had the full crew on set: Matthew Lynley, Katie Roof, and myself. And even better, we were joined by Sarah Tavel from Benchmark, who helped us unspool a topic or three. And topics we had. This being earnings season, we had little choice but to talk about at least one public company’s results. Obviously we picked Netflix, a firm whose stock has gone parabolic as its cashflow has moved in the opposite direction. But as we discuss, in the era of infinite money for land grabs, why slow down? Next up was Twitter, from which a bird has flown the nest right into the arms of SoFi. Yes, SoFi is picking up Twitter’s COO for its CEO role. Regular listeners will know why SoFi, a heavily funded unicorn, needs a new CEO in the first place. Next up was the venture world. How much money did VCs disburse in 2017? Quite a lot as it turns out. In the United States and the world, the numbers were quite large — records since the dot-com boom. (More here if you are so inclined). We also noodled over the ICO landscape, including the Telegram offering. All that and it turns out that Lyft is not woke. Alas....

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Equity podcast: Dropbox and Xiaomi want to go public, and how big is Telegram’s ICO?

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 corker. Our co-host Matthew Lynley is back, Katie and myself were on hand, and our guest, Shruti Gandhi from Array Ventures, was brilliant. And the news gods were kind, as there was quite a lot to get through. First, we looked into the Dropbox IPO. Dropbox has reportedly filed confidentially to go public, meaning that the company’s long dance towards the public markets is nearing its conclusion. But what will it be worth when it does go public?...

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2018 could bring the IPOs that tech has been promised for years

TECHCRUNCH Alex Wilhelm Contributor Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: After years of drought and parched conditions, the U.S. tech IPO market could see a number of well-known players push forward with their debuts in 2018. That sentiment is grounded in the number of companies currently rumored to have filed or started preparation for a public debut. However, the wave may not manifest. In the past few years, there has been a surprising dearth of IPO activity. That lack of tech IPOs matters for...

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Equity podcast: 2017’s top tech acquisitions and what’s in store for 2018

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we took a look back at the year’s M&A market, which brought some big wins and some low lights. Equity this week was Katie Roof, Alex Wilhelm, and Jamie Leigh, a partner at Cooley, who joined us to go over the year’s receipts. What to look for ahead? Leigh mentioned big box stores, Roof brought up automakers, and we also kicked over the idea of non-tech companies buying smaller firms that are not merely talent plays. (Instead, this about...

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Equity podcast: Spotify’s impending debut, Uber’s done deal, and Nasdaq 7,000

TECHCRUNCH Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This episode, the first of 2018, saw our own Katie Roof and your humble servant (Alex) joined by Atish Davda, CEO and founder of EquityZen. Matthew Lynley is off this week. (Davda’s firm put together a landing page for Equity, which we thought was neat.) This week saw the culmination of a huge number of stories that we have discussed in 2017. Namely that Spotify has finally filed for its direct listing, and the Uber-SoftBank deal is done. Regarding Spotify, we got into why...

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