Hello, and welcome back to Equity, a podcast about the business of startups, where we break down the numbers and the nuances behind the headlines.
This week we recorded Early Stage, TechCrunch’s event for founders building startups from scratch.
Sadly our dear friend Natasha Mascarenhas got sick and we had to support each other Alex for the episode. Fortunately, however, darrell from the TechCrunch team was sitting next to us on the show floor, so we tagged him to get some rocket knowledge.
Anyhoo, here’s the run of the show!
- All things early stage: Notes from the show floor, what we can infer about attendance and an environment check.
- Elon’s New Bigger Rocket it went up (very good) and then it went “boom” (not so good). Fortunately for the space race, the overall outcome of the launch was good. Rockets tend to explode when new, and it’s a bit of a testing process for them to do so. Sure, a no boom The result would have been better, but SpaceX wasn’t planning on trying to reuse the parts anyway.
- Tesla’s earnings it came out and investors are not so happy. While there were some good things on the set of numbers, price cuts at the company and moderation in cash flow indicate that profitability gains could be more difficult to achieve going forward.
- AND layoffs. Meta is cutting staff. Insider is cutting staff. BuzzFeed is cutting staff. It’s a mess out there.
We’ll be back in full force next week, and we’re no longer on the road, so expect regular service to resume. Hugs!
For episode transcripts and more, head over to Equity Simplecast Website.