Many of the unicorns aren’t • TechCrunch

Hi there and welcome again to Fairness, a podcast in regards to the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Oh what per week. What a week. Issues are busier than ever at TechCrunch, the place we’re popping out of our post-conference stupor and charing straight again right into a packed information cycle. Certain, Musk continues to be making waves, however there are startup rounds to cowl, layoffs to chew on, earnings protection, unicorn reviews, new information, and extra.

After reducing again sharply on materials and nonetheless going lengthy, right here’s what Mary Ann, Natasha, and Alex received into this week:

• Rewind needs to assist folks with their reminiscence. We discuss how the startup, which launched this week, makes use of recording expertise that will help you get what you see, hear and say at your finger suggestions.
• We talked about Onward, a startup that wishes to assist divorced or separated dad and mom combat much less about cash and the way it simply raised practically $10 million regardless of being pre-revenue.
• The considerably odd, potential Byju’s IPO-spinoff of Aakash, a tutoring firm that it purchased the opposite yr. Our views could be summarized in meme format: An edtech IPO? On this financial system?
• Unicorns face an extremely uphill journey to get public, which can clarify partially why Byju’s is just not itself going public (recall that it had had plans, however like with so many different firms these are on maintain).
• After which there was Brex, which introduced a brand new partnership with Techstars regardless of a giant push into the enterprise house.
• Stripe revealed that it has reduce 14% of its employees, or over 1,100 folks, and its CEO and co-founder Patrick Collison admitting that the funds big had “overhired for the world we’re in.”
• And eventually, there’s a brand new VC scores firm within the neighborhood. How can we really feel? Higher than some VCs, at the very least.

Bought all that? Good. Extra Monday morning.