Equity Monday: Good news for Airbnb, three funding rounds and Vroom


Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Here at Equity Monday we look at what happened over the weekend, what’s ahead, and a few recent funding rounds. As you’ll hear, we’re heading back into our normal cadence and topics, but if you do want to learn a bit more about what you can do to make your voice heard in opposition to racist policing, last week’s ep is worth listening to.

This is what we got up to this morning:

  • Alexis Ohanian announced that he’s stepping down from the board of Reddit. He hopes to be replaced by a Black American.
  • Airbnb local bookings are recovering, in a boon to the highly-valued unicorn. Airbnb had to cut staff earlier this year after the global travel market dried up.
  • Reliance Jio sold another bit of itself for a huge sum. This time 1.16% for $750 million.
  • Didi’s ride-hailing volume is back to where it was a year ago. That’s good news for domestic ride-hailing companies.
  • Up ahead we have earnings from Chewy, Adobe, and Stitch Fix.
  • Energysquare raised a €3 million Seed round, Germany-based NovaPump has raised what reports call a “Seven-Digit Financing Round,” and Inky, a cybersecurity startup based in Maryland here in the United States, has put together a $20 million Series B.

And, finally, we’re curious about what’s driving the bullish sentiment behind Vroom? It just raised its IPO price range, and we have questions.

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

Products You May Like

Articles You May Like

Here’s everything the Fed is expected to do Wednesday
Peace Is What Our Hearts Seek: Kalpna Singh-Chitnis’s Love Letters to Ukraine, by Candice Louisa Daquin
9 Best Hats for Big Heads – Different Styles For Men in 2023
8 Ridge Wallet Alternatives To Budget Money Better In 2023
Student loan borrowers at risk of scams as payments restart, says FTC

Leave a Reply

Your email address will not be published. Required fields are marked *