Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week the full gang was in town, with Katie Roof, Matthew Lynley and Alex Wilhelm all back in the podcast studio. The trio was joined by Hilary Gosher, a managing director at Insight Venture Partners who helped dig through the news.
The packed week meant some things had to get left behind (Rovio’s dive, and so forth), but, as always, we picked the best of the bunch to chew over. First up: Roku’s earnings results and ensuing share price shellacking. The company was a 2017 IPO, and a breakout success, meaning that its recent dip was all the more interesting since we covered, and spoke about it during and after its IPO.
Next up, Snap’s own share price problems. After an earnings report went its way and the social company’s stock managed to climb back over its IPO price, at last, a combination of things knocked it off center this week, including an analyst downgrade, a celebrity tweet, and its CEO’s massive 2017 payday.
Following, we walked through Airbnb’s new plans for more upscale lodging, and experience-accommodation hybrids. The popular unicorn took itself off the 2018 IPO table, but it will eventually pull the trigger.