Equity podcast: SoFi loses its CEO, big rounds for unicorns, and will this VC buy the iPhone X?

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Hello and welcome back to Equity, TechCrunch’s venture-capital themed podcast that we are bringing live to Disrupt SF next Wednesday. All the cool kids will be there to chat numbers and heckle.

This week Katie Roof, Matthew Lynley, and myself — Alex Wilhelm — were joined by Accel’s Jake Flomenberg to dig through the biggest news of the week. And news there was.

We turned first to SoFi, a consumer-finance unicorn that has raised more than a billion in equity, and over $2 billion in total. The company is now down a CEO after allegations of misconduct brought censure upon its CEO, Michael Cagney, and the company’s culture.

Cagney’s exit from the company left the following New York Times headline: “‘It Was a Frat House’: Inside the Sex Scandal That Toppled SoFi’s C.E.O.

But there was more than one unicorn active this week. Magic Leap is on the hunt for more capital, and if it raises the $500 million it wants, the secretive AR shop will bring its total capital raised to nearly $2 billion. Blue Bottle sold most of itself to Nestle at a $700 million valuation for around $500 million. And, Wish is picking up another $250 million at around an $8 billion valuation.

To summarize: The rich and unprofitable become richer and (perhaps) more unprofitable.

And as a treat, we spent a few minutes on the Apple event because in tech, no matter your beat, Apple Week is Apple Week.

Equity drops every Friday at 6:00 am PT, so subscribe to us on iTunesOvercast, Pocketcast, Downcast and all the casts.