Hello and welcome Fairnessa podcast about business startups, where we unlock the numbers and nuances behind the headlines.
Alex, Natasha And Mary Ann We caught up with Maggie this week for our weekly wrap-up show, and as usual there was plenty to talk about, including more topics than usual as the summer lull seems to be winding down.
What else did we get? the following:
- To start our Deals of the week, We discussed the startup’s focus on depression, suicide, and related mental health issues A company called KetaMD is buying it. In an effort to extend its telehealth capabilities and specifically expand technology-enabled ketogenic therapies. Don’t know what Katie is? You are not alone.
- From then on, it was time to talk New 100 million dollar fund, which boasts some high-profile LPs and partners, which invest only in Latin (A) startup founders. Then we understand how and why a fintech company aims to reach consumers To reduce daily expenses Directly from their salary – a concept that took us a little to wrap our heads around.
- Then we moved on to Robinhood and the news of the retail investment behemoth. 23% of employees quit – 9% of workforce 3 months after leaving. All three of us had an idea of CEO Vlad Tenev taking responsibility for the layoffs, and of course how much dang news has surrounded the company over the past 18 months.
- What’s next? We discussed a somewhat surprising decision about Y Combinator To reduce the group by 40% – What this could mean for the early stage venture scene. We’ll get into the increased inspection rate and physical returns. So many variables! Just one try!
- Finally, how frustrated are we both about Uber and the company itself. It reported positive free cash flow and was very profitable in the second quarter (thanks to Alex for breaking it down for us).
And we had a blast to boot! See you later!
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