Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was one of our strongest shows yet, with a wide diversity of news items that were genuinely fun (and complicated) to chew through.
And even though we started off kind of grumpy, we laughed through tech difficulties, crypto puns and fintech CAC. It’s called coping.
Here’s what we got into:
- Magic Leap raised $500 million, about which we have thoughts; Mindbody’s acquisition of ClassPass caught our eye for obvious reasons (and the fact that it also raised $500 million); and we dug into SoWork’s fascinating business proposition.
- mPharma and the race to horizontal, holistic mental health: Telehealth is great and useful but no panacea. However, in the realm of mental health it’s potentially life-changing for millions.
- OpenSea went from being one of the main characters in our fraud show to being the underdog that we’re rooting for — now that Coinbase is building a copycat.
Since we tried to keep the show tight, a ton of news was left on the cutting room floor. The good news, though, is that we’re back tomorrow with a spicy bonus episode about Microsoft pulling LinkedIn from the Chinese market. Oof.