hello and welcome back to Capital, a podcast about the startup business where we unpack the numbers and nuances behind the headlines. Every Monday, Mercy and Alex view the news and take notes on what’s happening at the beginning of the week.
- Luckily, we didn’t start this episode by talking about Elon Musk and Twitter! Welcome!
- Instead, we started with gloomy Chinese economic newspassed into drop in total venture capital for the country’s key start-up sector. It turns out that mass repressive measures will affect the market!
- After that, it’s time to talk about Yuga Labs and their recent minting chaos. Bloomberg has more.
- Then it’s time to talk about neobanks, in particular last rounds of the Open ($50 million) and Cogney ($23 million).
It’s not a week of live performances, so Equity will just come out on Friday as usual. However, we have a Twitter spot scheduled today with our very own Kirsten Korosek, so follow us on Twitter and we’ll see you there.
Credit: techcrunch.com /