Alex Wilhelm
Nov 21, 2022 – 9 min read
Hello, and welcome back to Equity, the podcast about the business of startups. We unpack the numbers and nuance behind the headlines.
Note: Equity will be back on Wednesday and Friday in some capacity. However, keep in mind that this is a holiday week in the United States, so things are going to be a little bit slower than usual.
What We Got Into This Monday
Stocks are largely down around the world, and crypto prices continue to deflate. Watching both these asset classes lose value in tandem feels like the worst horse race in history. No matter what you hold, it’s a bad Monday.
Twitter CEO Elon Musk Decides to Bring Former President Donald Trump Back to Twitter
Ironically, the former president is so far declining the option and wants to stick to his own social network, Truth Social.
FTX Owes $3.1 Billion to Its 50 Largest Creditors
In more positive news, Wove just raised a nearly $3.85 million Seed round, and SponsorUnited’s big Series A proves that nine-figure early-stage valuations are not dead!
Closing Remarks
Natasha will host the Monday show next week as we get ready for my parental leave!
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Additional Resources
TechCrunch also has a great show on crypto, featuring interviews with founders, details on how our stories come together, and more!
About Alex Wilhelm
Alex Wilhelm is a senior reporter for TechCrunch covering the markets, venture capital, and startups. He was also the founding host of TechCrunch’s Webby Award-winning podcast Equity.
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