Equity podcast: Wag’s mega-round, a $300 million infusion from SoftBank’s Vision Fund

 

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

Matthew Lynley and Alex Wilhelm were joined this week by General Catalyst’s Steve Herrod, who assisted us with digging through the week’s biggest news.

As a team, we looked at Wag’s mega-round, a $300 million infusion from SoftBank’s Vision Fund. The scale of the capital was amazing, though the round had been rumored previously. What will the company do with the amount, and why might it need so much were questions on the top of our minds.

Next in the list was Airbnb’s recent executive shakeup and its public notice that it has no IPO in the works in 2018. The company’s non-2018 flotation gets at least one unicorn outside of the year’s potential IPO crop. That said, there are other unicorns which should go public this year.

On the matter of public companies, we tooled over Amazon’s huge quarter and its subsequent share-price rise. Apple also mentioned earnings, giving us a host of questions around what counts as success for a company that is so big, very valuable, and so profitable.

All that and we are coming to you live next week from SaaStr. Listen completely for details. See you the following week!

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Pocket Casts, Downcast, Overcast and all the casts.

Source link

Get Amazing Stories

Get great contents delivered straight to your inbox everyday, just a click away, Sign Up Now
Email address
Secure and Spam free...

Get Amazing Stories

Get great contents delivered straight to your inbox everyday, just a click away, Sign Up Now
Email address