Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
This week we worked with an (excellent) skeleton crew. Our own Connie Loizos held down the fort with a guest that knew quite a lot: March Capital’s Jamie Montgomery.
There was a healthy blizzard of news to get through, so Connie and Jamie plowed ahead.
Up top, the Eventbrite IPO was big news. After a long path to going public, Eventbrite reported interesting revenue growth acceleration, attached to a standard set of GAAP net losses. (Standard in that most tech IPOs these days do not feature profitable companies.)
But Eventbrite’s IPO was just one thing going on the IPO front. X Financial also went public this week after a somewhat muted pricing event. But even that wasn’t all the IPO news. There was one more tidbit to hang our hat on: NIO’s recent IPO price see-saw.
Moving along, Uber may be going on a shopping spree, picking up either Careem (a rival car-sharing service) or Deliveroo (a competing food-delivery service), or both. Or neither! We’ll have to see when all the dust comes to rest.
But that wasn’t all! Ro has new capital to spend, bringing more drugs to the male health space. Oh, and UiPath raised a few hundred million as well.
And I think that that is it. Thanks for hanging with us over so many dozens and dozens of episodes. We think that you are just great!
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