When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist.
She got rejected from every school, and was told she was being unrealistic about her prospects in the venture industry, but she didn’t let that deter her.
She landed a spot at Wharton and said she catered all of her classes and extra cirriculars around learning everything she could about the venture industry.
While growing up with entrepreneur parents didn’t introduce Barooah to venture capital, she thinks her upbringing makes her a better VC.
“I started my journey in venture four years ago and knew nothing,” Barooah said.
Who knew M&A would be the thing we couldn’t shut up about?
Listen 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 startup-focused, Wednesday episode, so today we’re counting down important venture rounds, and chatting our way through other startup and VC news.
Here’s what we got into:We’ll be digging into the Brex situation on Friday, so stay tuned for more about fintech soon!
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions.
The company said in a blog post that it also plans to cut contract roles in the coming months.
The company’s CEO Jamie Iannone admitted that the company hired fast, but it didn’t grow enough to justify the headcount.
In Q3 2023, eBay registered $2.5 billion in revenue and $1.3 billion in profits.
The company also earned $2.2 billion by selling its equity in online ad business Adevinta to Permira and Blackstone last year.
