Hi there and welcome again to Equity, TechCrunch’s enterprise capital-focused podcast, the place we unpack the numbers behind the headlines. That is Fairness Monday, our short-form week-starter through which we go over the weekend, look to the week forward, discuss some neat funding rounds, and dig into what’s caught on our minds.
So, by part then:
- The market narrative appears to have modified from optimism to pessimism, impacting inventory costs and presumably closing the IPO window some, after it had unexpectedly opened.
- Quibi information is out that isn’t great: The mobile-first launch that got here throughout a lockdown hasn’t helped the hugely-funded service that needed to persuade the world that its content material format was nice. We calculate its efficient cost-per-subscriber quantity and it isn’t tremendous nice.
The Week Forward:
- Earnings from Groupon and Oracle. The previous might inform us slightly bit concerning the well being of the buyer maybe? And Oracle is a participant within the cloud house, so its earnings may assist us perceive what’s up in that world. See, not every part cloud-related comes from Seattle.
- And we note the grip of tech conferences that had been placed on maintain resulting from COVID-19, questioning what they could seem like subsequent 12 months; can we ever return to the way in which that issues was once?
- Duck Creed raises $230 million, which Bloomberg notes as a pre-IPO round.
- Appfire, additionally from Boston, raises a $49 million round. We need to learn this S-1, badly.
- Tonik raises $21 million to launch a Southeast Asian digital bank.
What’s On Our Minds:
- The Alternate launches in the present day, which you’ll study extra about over on TechCrunch.com. We’ll add a hyperlink right here in a bit, however check this archive to search out the submit!