Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone homeListen here or wherever you get your podcasts.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our interview show, where we sit down with a guest, think about their work, and unpack the rest.
This week, we talked to David Vélez, the co-founder and CEO of Nubank, the $50 billion São Paulo, Brazil-based digital bank that offers credit cards, checking accounts and life insurance to consumers.
Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake.
The company stock price has plunged over 24% in after hours trading on the news.
Slootman came on board in 2019, taking over for veteran executive Bob Muglia, and was charged with taking the company public the following year.
In fact, Fortune reported that the chief executive was making an eye popping $95 million a month at one point.
Prior to coming to Snowflake, he spent six years as chairman and CEO at ServiceNow.
Why some VCs are pulling back from Europe, Google’s AI push, and who is the CEO of Byju’s?
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week.
We also had an extra episode this weekend digging into the Reddit IPO that you can find here.
On the pod this morning, here’s what we got into:For episode transcripts and more, head to Equity’s Simplecast website.
This “deepened” partnership will focus on commercial self-driving Ram delivery vans, a target that was first announced in 2020 and promptly faded from public view.
Discussions on this “improved” deal have focused, in part, on a crux around driverless delivery: how does the package get from the vehicle to the customer?
Waymo, which is owned by Google parent-company Alphabet, currently doesn’t operate a commercial delivery service using its self-driving vehicles.
That deal did include a future plan to include delivery via Uber Eats, but as of today, it has not launched, according to a Waymo spokesperson.
Under the deal, Fiat Chrysler — now known as Stellantis — would handle the manufacturing and provide Waymo with minivans that built in redundancies designed for autonomous driving.
The clock is ticking on your chance to seize a scorching deal: TechCrunch Disrupt is returning to San Francisco from October 28–30, and the 2-for-1 ticket offer ends tonight at midnight!
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Chris Power, founder and CEO of industrial automation startup Hadrian, is a student of history.
“Never before in history has a declining empire beaten a rising empire, ever,” he said in a recent interview.
He had been running small e-commerce businesses and had been head of sales and marketing at an enterprise software company in Australia.
Construct Capital, WCM, Bracket Capital, Shrug Capital, Lux Capital, A16Z, Founders Fund, S&A, Silent Ventures, Cubit Capital, Caffeinated and other existing investors also participatedc.
Power said some customers expressed interest in alternate models, like having Hadrian build a dedicated facility to ensure committed factory capacity.
Earlier this week, the 19-year-old son of former YouTube CEO Susan Wojcicki, was found dead at UC Berkeley of an apparent drug overdose, according to his grandmother, Esther Wojcicki.
The news broke widely yesterday, though Wojcicki posted the news to Facebook several days ago, writing: “Tragedy hit my family yesterday.
Esther Wojcicki told the Palo Alto Daily of her grandson’s passing, “Kids in college, especially freshmen and sophomores, experiment with everything.
I didn’t have the opportunity to interview Wojcicki while she held one of the most prestigious CEO posts in the world.
I love kids, I love work and I think at some level I just love creating things and building.
Welcome back to Found, where we get the stories behind the startups.
This week Becca and Dom are joined by Ben Goodwin, the co-founder and CEO of Olipop, a soda startup making low-sugar pop with probiotics.
Goodwin talked about his foray into the soda space after working in kombucha and discovering the positive impacts of paying attention to microbiome health.
They also talk about the questions they wished they dove into more, like what the process was like to get Olipop eligible for Medicare reimbursements.
Plus, they talk about their relationship — and lack thereof — to the soda category in general.
Welcome back to Found, where we get the stories behind the startups.
This week Becca and Dom are joined by Ben Goodwin, the co-founder and CEO of Olipop, a soda startup making low-sugar pop with probiotics.
Goodwin talked about his foray into the soda space after working in kombucha and discovering the positive impacts of paying attention to microbiome health.
They also talk about the questions they wished they dove into more, like what the process was like to get Olipop eligible for Medicare reimbursements.
Plus, they talk about their relationship — and lack thereof — to the soda category in general.
Welcome back to Found, where we get the stories behind the startups.
This week Becca and Dom are joined by Ben Goodwin, the co-founder and CEO of Olipop, a soda startup making low-sugar pop with probiotics.
Goodwin talked about his foray into the soda space after working in kombucha and discovering the positive impacts of paying attention to microbiome health.
They also talk about the questions they wished they dove into more, like what the process was like to get Olipop eligible for Medicare reimbursements.
Plus, they talk about their relationship — and lack thereof — to the soda category in general.
