Changes at YC, DoorDash raises more, and how to avoid an IPO
Podcast |
Equity
Publisher |
TechCrunch
Media Type |
audio
Publication Date |
May 24, 2019
Episode Duration |
00:27:24

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

We're back to our old, weekly cadence. Which is all well and good but after a run of doubling up episodes to keep up with the news cycle, showing up just every seven days nearly feels like vacation. But hey, we're here for you (you follow us both on Twitter, right?).

There was a lot to go over, so please enjoy the following:

An IPO update: First up we checked in on our favorite children, the recently public. Uber and Lyft are still down, but did you know that Fastly is still far up while Luckin Coffee is losing air like a pinched balloon. Also, Slack has a new ticker symbol, and we have thoughts about it.

Changes at YC:

DoorDash's capital hunger: We had to record a day early this week, putting us precisely one day ahead of the DoorDash round. Turns out it was a $600 million round at a $12 billion pre-money valuation. Listen on for our take on the round, the company, and its space.

Sun Basket raises:

TransferWise's not-an-IPO: What do you call a company more than doubling its valuation through a huge, sanctioned secondary transaction? Weird flex, but ok. Anyway. TransferWise is now worth $3.5 billion, up from its now-passé Series E valuation of $1.58 billion. Anyway, if you want to dodge an IPO this is one pretty good way.

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We're back to our old, weekly cadence. Which is all well and good but after a run of doubling up episodes to keep up with the news cycle, showing up just every seven days nearly feels like vacation. But hey, we're here for you (you follow us both on Twitter, right?).

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

We're back to our old, weekly cadence. Which is all well and good but after a run of doubling up episodes to keep up with the news cycle, showing up just every seven days nearly feels like vacation. But hey, we're here for you (you follow us both on Twitter, right?).

There was a lot to go over, so please enjoy the following:

An IPO update: First up we checked in on our favorite children, the recently public. Uber and Lyft are still down, but did you know that Fastly is still far up while Luckin Coffee is losing air like a pinched balloon. Also, Slack has a new ticker symbol, and we have thoughts about it.

Changes at YC:

DoorDash's capital hunger: We had to record a day early this week, putting us precisely one day ahead of the DoorDash round. Turns out it was a $600 million round at a $12 billion pre-money valuation. Listen on for our take on the round, the company, and its space.

Sun Basket raises:

TransferWise's not-an-IPO: What do you call a company more than doubling its valuation through a huge, sanctioned secondary transaction? Weird flex, but ok. Anyway. TransferWise is now worth $3.5 billion, up from its now-passé Series E valuation of $1.58 billion. Anyway, if you want to dodge an IPO this is one pretty good way.

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