Daylight’s Sunset and Meta’s Focus Year

Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and specifics behind the headlines.

Mary Ann And Alex There was a dynamic duo this week, taking questions on tech news, startup updates, and more from hundreds of billions of dollars in venture capital investment.

Here’s what happened on the show today:

• Attractive Pros of Checkmate and the Future of Online Shopping: Mary Ann just covered a very interesting Series A for Checkmate, a startup that has shown a real foothold not only on competing app stores, but on social media platforms far and wide.
• Kava’s IPO Won’t Save the IPO Market, But It Could Still Help: Alex is so intrigued by the IPO that he is making the connection between the files and the startup market. This time it’s not even that much of a stretch!
• The daylight call leaves this: From the ‘no big surprise’ category comes the end of Daylight, a neobank aimed at the LGBTQ+ market that has been struggling for a while now. it asked themed neobanks are going to make it,
• Sorting, Sorting, Sorting: SoundCloud is cutting staff in order to achieve profitability, which we can understand. Meta cutting staff as it seeks to conserve capital for more share buybacks?
• Anthropic’s huge funding round and who’s going to win the AI ​​war? When is $450 million not a lot of money? When you are building basic AI models taking OpenAI and others. Also in this section: Allegory of the Cold War.

And with that, we’re going into a holiday weekend here in the US, so equities will be back next Tuesday.