Published On: Mon, Feb 1st, 2021

Equity Monday: Rich tech folks discuss abounding tech things on abounding tech app saved by abounding tech investors

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 weekly kickoff that marks a latest private marketplace news, talks about a entrance week, digs into some new appropriation rounds and mulls over a incomparable thesis or account from a private markets. You can follow a uncover on Twitter here and myself here — and make certain to check out last week’s categorical part and messenger discuss about Robinhood.

This morning we ran into utterly a lot of a same material, with Robinhood behind in a news and a batch marketplace appearing large. Here’s what we talked about:

  • American bonds are set to rise, bitcoin is flat, and meme-stocks are mixed.
  • In India, news is out that a new law could anathema bitcoin (whatever that means), and this morning India forced Twitter to take down some accounts that had been vicious of supervision policy. That’s a flattering bad look. And it comes as we see a manoeuvre in Myanmar streamer to a decrease in internet connectivity; there is a transparent couple between authoritarianism and a enterprise for Internet control.
  • Robinhood’s CEO went on Clubhouse, where he was interviewed by Elon Musk about final week’s mess; it turns out a National Securities Clearing Corporation, or NSCC, had asked Robinhood for $3 billion in deposition requirements. That series was reduced to $700 million, with Robinhood tying some consumer behavior, permitting a association to open Friday morning.
  • This morning a pivotal news stories embody a disaster that is Facebook Groups, and a EU is appealing a taxation preference that could impact tech association structure for years to come.
  • Ben lifted $2.5 million
  • Phocas Software lifted $34 million
  • DesignCrowd lifted $7.6 million
  • And, finally, we are streamer into gain season, so tag in and get prepared for a torrent of results.

All that and we are behind Thursday, if not before. Hugs and hellos from a Equity crew!

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