Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines.
Welcome to Wednesday’s show. On this show, we talk about the week’s major startup and venture capital news. We have a lot of material today, so let’s get to work.
- Brett Taylor’s new startup is gaining attention: Known for his work at Facebook, Salesforce, and OpenAI, Taylor’s startup Sierra builds conversational AI agents. The company has raised a ton of funding so far, but given that it’s not alone in its niche, it may need more money.
- FlowFi’s countercultural decisions: FlowFi builds software that helps startups manage their books more intelligently. However, it is not an attempt to replace human input with financial operations. Instead, the company combines its software with the labor market, allowing startups to blend human and computer intelligence. If this means strengthening his GAAP accounting for startups, we support it.
- Boldness and antithesis capture new capital: Bold has raised $50 million for its Latin American fintech business, which is good news for a sector and region that was once tied together like peanut butter and honey. Meanwhile, Antithesis raised $47 million for its software testing services.
- Homebrew is popular, foundries are abolished: While Homebrew is launching an interesting new $50 million fund, Foundry has announced that it will exit the game with its current $500 million fund.
We also talked about mushrooms (PG-13, I promise) and Earlybird Health’s newest fund.
For episode transcripts and more, visit Equity’s Simplecast website.
Subscribe on Apple Podcasts, Overcast, Spotify and all casts as stocks drop every Monday, Wednesday, and Friday at 7 a.m. PT. TechCrunch also has some great shows about cryptocurrencies, interviews with founders, and more.
