Yahoo Finance Quibi’s shortform life
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.
Myself, along with Danny and Natasha had a lot to get through, and more to say than expected. A big thanks to Chris for cutting the show down to size.
Now, what did we get to? Aside from a little of everything, we ran through:
The fall of Quibi, and who lost money in the mix. TechCrunch has a bit more on the video service's downfall here.
The Netflix quarter, and why its shares lost ground after its report. The Quibi-Netflix stories show that it's not smooth sailing in the market for online video.
If Netflix stumbled, Snap soared with stronger-than-expected growth. The company still loses lots of money, but it's getting closer to reasonable results, and has lots of cash.
Then we turned to a few media startups that raised, including $4 million for Stir and $2.5 million for Quake. Quake the podcasting company, mind, not the excellent FPS.
Next was a handful of housing rounds, including the very neat Abodu and the somewhat controversial RVshare, which split the three of us about whether or not it was going to work out.
Then we had some great reporting from Natasha to parse through, including her piece on startup hacker houses, and her report on a new women-focused accelerator class.
Whew! It was a lot, but also very good fun. Look for clips on YouTube if you'd like, and we'll chat you all next Monday.
Equity drops every Monday at 7:00 a.m. PDT and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
