Robinhood hangover, YC cuts and Uber getting back in shape

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hello and welcome back to Impartialitya podcast about the startup business where we unpack the numbers and nuances behind the headlines.

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Alex, Natasha as well as Mary Ann sat down with Maggie this week for our weekly roundup and, as usual, there was a lot to talk about, including the fact that there were even more topics than usual to choose from as the summer slowdown seems to be fading.

What else have we gotten ourselves into? Following:

  • To start our Deals of the week we discussed the fact that a startup specializing in depression, suicidal tendencies and related mental disorders buys KetaMD in an attempt to expand its prowess in the field of telemedicine and, in particular, to expand its ketamine-based technology therapies. Don’t know what ketamine is? You’re not alone.
  • From there it’s time to talk about new $100 million fund, which boasts several high-profile LPs and partners that intends to invest exclusively in Latin American startup founders. We then delved into the “how and why” of a fintech company that is looking to reach consumers. deduct everyday expenses straight out of their paycheck — a concept that made us realize a little.
  • We then moved on to Robinhood and the news that the retail investment behemoth fired 23% of its staff – just 3 months after laying off 9% of their workforce. The three of us had thoughts about CEO Vlad Tenev taking responsibility for the layoffs and, of course, how much bad news has surrounded the company over the last 18 months or so.
  • Next? We chatted about Y Combinator’s somewhat unexpected decision. reduce your cohort by 40% – what this could mean for the early-stage venture capital scene. We also receive his increased check amount and personal return. So many variables! Just one experiment!
  • Finally, we joked about Uber and how the company informed positive free cash flow, but in the second quarter it was extremely unprofitable (thanks to Alex, who sorted it out for us).
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And we had an explosion to boot! See you next time!

Stocks drop every Monday at 7:00 AM PT and Wednesdays and Fridays at 6:00 AM PT, so follow us at Apple Podcasts, Overcast weather, Spotify aand all throws.




Credit: techcrunch.com /

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