Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines. This is a Friday episode where we dig into the week's most important stories and discuss emerging themes.
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Mary Ann, Becca, and Alex were on board this week. Becca, of course, is her one of two hosts on TechCrunch's Found podcast. In this podcast, founders talk about how they built what they built and how they made it happen.
However, in today's “Stocks” we found out:
Deal of the Week: Mary Ann wanted to talk about Onyx, a neobank targeting affluent early to mid-career adults. It's pivoted to B2B, and no matter what the internet says, it's not over. Alex wanted to talk about Marc Lore and Wonder's recent deal with Montauk Climate, a climate change incubator founded by Casper's former co-founder. In case you missed the news, the weather isn't great. Therefore, such projects are very welcome. And Becca brought the Ethos Fund to the table so we could talk about cross-border investing. Saudi Arabia's AI push in the future: Who has a lot of capital and is ready to pour it into AI investments? Not just the local venture industry, of course, but the Saudi government as well. Prominent venture funds are flying to Middle Eastern states to raise money, and perhaps money will come their way in the future. How some venture capital firms are curbing the IPO rush: A recent Becca study reveals some interesting findings. The idea is that it may not be the late-stage founders' fault that their companies aren't going public. Their supporters may actually be the ones closing the door. Oh, and Reddit started trading during our recording time and is doing well.
We'll be back with even more content on Monday! Let's chat!
For episode transcripts and more, visit Equity's Simplecast website.
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