Startups

Equity Monday: Quibi, two Boston rounds and a shift to pessimism

June 15, 2020

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is Equity Monday, our short-form week-starter in which we go over the weekend, look to the week ahead, talk about some neat funding rounds and dig into what is stuck on our minds.

So, by section then:

The weekend:

  • The market narrative seems to have changed from optimism to pessimism, impacting stock prices and possibly closing the IPO window some, after it had unexpectedly opened.
  • Quibi news is out that isn’t great: The mobile-first launch that came during a lockdown hasn’t helped the hugely funded service that had to convince the world that its content format was great. We calculate its effective cost-per-subscriber number and it isn’t super great.

The week ahead:

  • Earnings from Groupon and Oracle. The former could tell us a little bit about the health of the consumer perhaps? And Oracle is a player in the cloud space, so its earnings might help us understand what’s up in that world. See, not everything cloud-related comes from Seattle.
  • And we note the grip of tech conferences that were put on hold due to COVID-19, wondering what they might look like next year; do we ever go back to the way that things used to be?

Funding rounds:

What’s on our minds:

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


Source: Tech Crunch Startups | Equity Monday: Quibi, two Boston rounds and a shift to pessimism

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