Published On: Sun, Jun 20th, 2021

The SPAC rabble ticker is counting down

Hello and acquire behind to Equity, TechCrunch’s try capital-focused podcast, where we empty a numbers behind a headlines.

This week had a whole organisation aboard to record: Grace and Chris creation us sound good, Danny to yield levity, Natasha to indeed remember contribution and Alex to obstruct us from staying on topic. It’s teamwork, people — and a transitions are explanation of it.

And it’s good that we had everybody around a practical table, as there was utterly a lot to get through:

  • The group felt all kinds of ways about a Amazon-MGM deal. Some of us are some-more certain than a rest, though what gists out from a transaction is that for Amazon, a squeeze cost is medium and a association is famously personification a presumably long-game. Let’s see how James Bond fits into it. Alex receives 4 points for not bringing adult F1 interjection to a Bond-Aston Martin connection.
  • Turning to a SPAC game, we chatted by a new Lordstown Motors benefit results, and what we can parse from them per blank-check companies, promises and reality.
  • After rising final Jun with usually $2 million, Collab Capital has sealed a entrance account during a aim goal: $50 million. The Black-led organisation invests exclusively in Black-led startups, and got checks from Apple, PayPal and Mailchimp to name a few. We speak about this feat, and note a few other Black-led try collateral firms creation waves in a attention lately.
  • We Resolved a transition puns and eventually spoke about a Affirm spin-out, that lifted $60 million in a appropriation turn for BNPL for businesses. There are bigger questions there around a accessibility and indicate of BNPL, and if it’s unequivocally re-inventing a circle or usually repackaging it with easier UX.
  • Next up, we got into a can of worms about a destiny of meetings interjection to Rewatch, that lifted a $20 million Series A this week led by Andreessen Horowitz. The startup helps other startups emanate internal, private YouTubes to repository their meetings and any video-based comms. We could usually spend a second on this, so if we wish a longer thoughts in a form of text, check out a 3 views on a subject on Extra Crunch! (Discount Code: Equity)

3 views on a destiny of meetings

  • From there we had Interactio and Fireflies.ai, dual some-more startups that are rebellious a complexities of meetings in a COVID-19 era, and whatever comes next. Both recently lifted new funding, and Alex brought adult Kudo to supplement one some-more pretender to a mix.
  • Noom, a weight detriment platform, bulked adult with $540 million in appropriation after scarcely doubling a income from 2019 to 2020. The pestilence has done many people benefit weight, though we gnaw into because Noom’s impulse competence be right now after a decade in a works.

Thanks for unresolved out this week, Equity is behind on Tuesday with a common weekly kickoff, interjection to a American holiday on Monday. Chat then, unless we wish to follow us on Twitter and get a first-look during all of Chris’ meme work. 

Equity drops each Monday during 7:00 a.m. PST, Wednesday, and Friday morning during 7:00 a.m. PST, so allow to us on Apple Podcasts, Overcast, Spotify and all a casts.

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