Hello and welcome back faira podcast about the business of startups, in which we unravel the numbers and nuances behind the title.
Alex, Natasha and marian Enjoyed another edition of Equity Live this week, hopping on Twitter Spaces to chat about everything from Musk’s meme set to the new version of Wordle that caught Spotify’s attention.When we stopped recording the episode, the news broke Stripe slashed its internal valuation by 28%. Luckily, we do this 3 times a week to get a feel for our situation as quickly as possible.
In the meantime, here’s what we’re doing on today’s show:
- Spotify acquires Heardle, which feels like a throwback to trivia, and certainly a nod to its famous predecessor, The New York Times-owned Wordle.Only one of us has played the music guessing game so far, so twitter @equitypod Is your idea Actually pleasure.
- We also talked about a A startup trying to tackle male infertility in a personal, engaging way. It caught the attention of investors, and so did we.
- Our last deal of the week, Continuum, gave us a chance to talk about how to productize one of the worst jobs in startups: layoffs. Given the volatility of startups at all stages right now, part of the work game feels even more important. Taking Hoping as an example, Second layoff in four months this week and Parted ways with its COO, CFO and other executives. There was an executive change at Medium, and Ev Williams stepped down.
- The final two themes of the episode revolve around Instacart and the future of grocery delivery, as well as the latest Twitter and Elon Musk saga.