INSUBCONTINENT EXCLUSIVE:
Hello and welcome back toEquity, TechCrunch venture capital-focused podcast where we unpack the numbers behind the headlines.After a long
run of having guests climb aboard each week, we took a pause on that front, bringing together three of our regular hosts instead: Connie
Loizos, Danny Chrichton, and myself.Despite the fact that there were just three of us instead of the usual four, we got through a mountain
Which was good as it was a surprisingly busy week, and we didn''t want to leave too much behind.Up top we dug into the latest in the land of
crypto, which Danny had politely summarized for us in an article
The gist of his argument is that the analogies relating crypto as an industry to the Internet may work, but most people have their timelines
wrong: Crypto isn''t like the Internet in the 90s, perhaps
More like the 80s.On the same topic, crypto companies formed a team lobbying effort, and a high-flying crypto fund is struggling to once
again post strong profit figures.Moving along, Juul is back in the news
Not, however, for raising more money or posting quick growth
Well, sort of the latter, as the government is after it
The Food and Drug Administration has put Juul on a countdown to get its act together regarding teens and smoking
That the financially impressive unicorn is in as much trouble as it is, is nearly surprising.Finally, we ran through the three most recent
Chinese IPOs that hit ourradar
Here they are:Meituan Dianping: The Tencent-backed group buying, delivery, and everything company raised over $4 billion in its debut, which
was impressive, but also short of expectations
The firm won''t begin trading until the 20th, but it one more massive deal that got done in 2018.111: We spent a minute on the show
discussing what counts as a technology company thanks to 111
We voted that the Chinese online-to-offline pharmacy startup did in fact count
Some notes on its debut can be found here.NIO: Finally on our list was NIO, a Chinese electric car company with, as we have discussed on
Equity before, a shockingly short history of revenue generation
Whether the company is a gamble or not, it did raise $1 billion in its own offering
And its stock is off like a rocket to boot.And that was the end of things
Thanks for sticking with us, as always
Speaking of which, our 100th episode is coming up
Who should we bring onto the show to celebrateEquity drops every Friday at 6:00 am PT, so subscribe to us onApple Podcasts,Overcast, Pocket
Casts, Downcast and all the casts.
