The dominoes are falling – TechCrunch

Good day and welcome again to Equity, a podcast in regards to the enterprise of startups, the place we unpack the numbers and nuance behind the headlines. Each Monday, Grace and Alex scour the information and report notes on what’s happening to kick off the week.

Fortunately as soon as once more we didn’t begin the day by speaking about Elon Musk and Twitter, although the information was not likely excellent:

• Shares are down sharply all over the world. And crypto costs, which observe bigger asset costs, are additionally sharply decrease within the final day, and week.
• Uber’s CEO told his company that issues are altering. Adjusted EBITDA is out, FCF is in. Hiring? Going to gradual. Capital bills? These will get tougher seems, and so forth. Throughout the present, we requested in regards to the slowdown, and the way it might, or might not affect the bouyant crypto startup market.
• Neat funding rounds from Pyramid, which raised $120 million, and Paymob, which raised $50 million.

We’re recording reside this week, so catch the present on Thursday as we report our Friday episode! Chat quickly!