Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we look back at the weekend and explore what’s ahead in the week before us.
Today on the show we had a lot of ground to cover:
- Stocks around the world are in retreat
- Crypto looks promising with recent gains
The biggest news in Startup Land this morning is the exit of Stability AI’s CEO. The company’s revenue growth and burn rate have been the topic of much discussion, making this new development significant.
Over in the EU, a number of U.S.-based tech companies are under inquiry thanks to the new Digital Markets Act. It begs the question of whether or not tech giants will be able to establish a harmonious relationship with the bloc.
Speaking of Europe, Spotify is making another non-musical effort, which sparked some thoughts. We also delved into news from China about their plans to use the Vision Pro for their next project and their efforts to replace Intel and AMD chips in state computers.
We closed with this report about how beverage startups are challenging the dominance of Coke and Pepsi for market share!
For episode transcripts and more, head to Equity’s Simplecast website.
Equity drops every Monday, Wednesday, and Friday at 7 a.m. PT, so be sure to subscribe to us on Apple Podcasts, Overcast, Spotify, and all the other casting platforms. TechCrunch also has a fantastic show on crypto, featuring interviews with founders and more!
