Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
It’s Monday, which means that Alex and Grace were back as a team to cover the biggest, boldest, and baddest technology news. We are once again back with your weekly kickoff! Here’s what we got into:
- The stock market may not vomit all over itself today, which would be a nice break from recent weeks.
- Broadcom is working on buying VMware in what would prove to be a mega-deal. Shares of Broadcom are off on the news, while VMware stock is up sharply. The transaction would be worth tens and tens of billions of dollars, if consummated.
- Paytm earnings had lots to like, and some elements that were less salubrious. Shares of the Indian unicorn have recovered somewhat in recent days, but remains sharply depressed from its IPO price.
- In the startup world: BUD raised $36.8 million, SyIndr raised $12.6 million, and 1K Kirana put $25 million onto its balance sheet.
- And we closed out with the fact that there is no free lunch, even in the crypto world.
Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.