Hello and welcome back toEquity, A Technology News Rooms venture capital-focused podcast, where we unpack the numbers behind the headlines.The three of us were back today Natasha, Danny and Alex to dig our way through a host of startup-focused topics.
Sure, the world is stuffed full of COVID-19 news and, to be clear, the topic did come up some but Equity decided to circle back to its roots and talks startups and accelerators and how many pieces of luggage does an urban-living person really need?The answer, as far as we can work it out, is either one piece or seven.
Regardless, heres what we got through this week:Big news from 500 Startups, and our favorite companies from the accelerators latest demo day.
Y Combinator is not the only game in town, so A Technology News Room spent part of the day peekin at 500 and its latest batch of companies.
We got into some of the startups that stuck out, tackling problems within the influencer market, trash pickup and esports.Plastiq raised $75 million to help people and businesses use their credit card anywhere they want.
And no, it wasnt closed after the pandemic hit.We also talked through Fasts latest $20 million round led by Stripe.
Stripe, as everyone recalls, was most recently a topic on the show thanks to a venture whoopsie in the form of a check from Sequoia to Finix.1 But all thats behind us.
Fast is building a new login and checkout service for the internet that is supposed to be both speedy and independent.All the Stripe talk reminded us of one of the startups that launched so it could beat it out: Brex.
The startup, which has amassed over $300 million in known venture capital to date, recently acquired three companies.We chatted through the highlights of our D2C venture survey, focused on rising CAC costs in select channels, the importance of solid gross margins and why Casper wasnt really a bellwether for its industry.After that we had two quick hits, namely Natashas look at how tech internships cancellations are impacting our future workforce,and the latest from Slack.And that wraps up what felt like a refreshing show.
We hope you think so too, and thank you for listening.
Stay healthy, all.Equity drops every Monday at 7:00 AM PT and Friday at 6:00 am PT, so subscribe to us onApple Podcasts,Overcast,Spotify and all the casts.What do you call a check from Sequoia? A cheque!