Published On: Sat, Jun 20th, 2020

Equity Monday: Quibi, dual Boston rounds and a change to pessimism

Hello and acquire behind to Equity, TechCrunch’s try capital-focused podcast, where we empty a numbers behind a headlines. This is Equity Monday, a short-form week-starter in that we go over a weekend, demeanour to a week ahead, speak about some neat appropriation rounds and puncture into what is stranded on a minds.

So, by territory then:

The weekend:

  • The marketplace account seems to have altered from confidence to pessimism, impacting batch prices and presumably shutting a IPO window some, after it had suddenly opened.
  • Quibi news is out that isn’t great: The mobile-first launch that came during a lockdown hasn’t helped a hugely saved use that had to remonstrate a universe that a calm format was great. We calculate a effective cost-per-subscriber series and it isn’t super great.

The week ahead:

  • Earnings from Groupon and Oracle. The former could tell us a small bit about a health of a consumer perhaps? And Oracle is a actor in a cloud space, so a gain competence assistance us know what’s adult in that world. See, not all cloud-related comes from Seattle.
  • And we note a reason of tech conferences that were put on reason due to COVID-19, wondering what they competence demeanour like subsequent year; do we ever go behind to a approach that things used to be?

Funding rounds:

  • Duck Creek raises $230 million, that Bloomberg records as a pre-IPO round.
  • Appfire, also from Boston, raises a $49 million round. We wish to review this S-1, badly.
  • Tonik raises $21 million to launch a Southeast Asian digital bank.

What’s on a minds:

  • The Exchange launches today, that we can learn some-more about over on TechCrunch.com. Check out a archive!

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