Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
This is Equity Monday, our weekly outset that moves the most recent big word, schmoozes about the coming week, burrows into some recent funding rounds and ruminates over a larger theme or narrative from the private groceries. You can follow the see on Twitter here, and myself here, and don’t forget to check out last Friday’s episode.
This weekend was a welcome reprieve from last week’s insane news round inside the world of technology and money. If you are still catching your breath from the Great IPO Wave of last Monday, we feel you. Here’s what we got into this morning 😛 TAGEND
The TikTok sale could be in trouble, this time due to China changing its rules on sales of tech houses that have certain algorithms. TikTok parent company ByteDance intends to comply with the rules, but what effect the word could have on the sale of the social service is unclear as of more, though the developments are not good if you were in favor of a slew. American tech shares are set to rise once again after mounting records last week. Equity is back on YouTube, hell yeah! From the weekend: Medium’s rise in both traffic( pageviews) and incomes( paying customers) is super impressive according to its latest reporting. And the publishing programme and media company is doubling-down on product to fend off upstarts like the favourite Substack. Per a Bloomberg report, tech IPO fundraising could name a record in 2020. And, to ground us in a macro-economic sense, Chinese banks are being forced to take a profit strike to support other companies. In the funding required round land, Semalytix elevated EUR4. 3 million in Series A funding( according to TechCrunch ) for its pharmaceutical-AI service. And India-based Eruditus parent $113 million for its executive-focused education service. That’s a lot of fund, but like we’ve been saying, edtech is hot. And, lastly, will there be enough trumpets for all these hot SaaS rounds that are getting done in a blur today? What if SaaS revenue various slip by 20%? Then what? When spates become so quickly that due diligence suffers, the hangover can last-place a bit.
And that is the week’s Monday ep, thanks for sticking with through our super-busy week last week. Whew!
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