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Equity Monday: Crypto hacks and a scuttled AI IPO
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[QUOTE="Alex Wilhelm, post: 3857"] Hello and welcome back to [URL='https://open.spotify.com/show/5IEYLip3eDppcOmy5DmphC?si=bjgo57TCQ-uFC38-iTy6HA']Equity[/URL], a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It finally happened, ladies and gentleman and our non-binary friends. The Holiday News Slowdown has arrived. Late, I might add, but still here at last. But that did not stop [URL='https://twitter.com/gracedenhall']Grace[/URL] and [URL='https://twitter.com/alex']Alex[/URL] from making you your weekly kickoff show! Welcome to the final Equity Monday of the year. Here’s what we got into: [LIST] [*]The Indian PM’s Twitter account [URL='https://techcrunch.com/2021/12/11/indian-prime-minister-modis-twitter-account-was-briefly-compromised/']was hacked[/URL], and used to promote bitcoin. Not a great look for the crypto world. [*]The SenseTime IPO is [URL='https://techcrunch.com/2021/12/12/chinas-ai-giant-sensetime-postpones-ipo-after-us-blacklisting/']on hold[/URL] after the US government “added SenseTime Group Limited to the Non-SDN Chinese Military-Industrial Complex Companies List,” per the company. The AI listing’s delay is not a great look for Chinese tech market liquidity. [*]Fuse [URL='https://techcrunch.com/2021/12/13/indonesian-insurtech-startup-fuse-gets-25m-series-b-extension-to-expand-further-in-southeast-asia/']added $25 million to its Series B[/URL], helping bring insurance products to Southeast Asia. [*]Thirdweb [URL='https://techcrunch.com/2021/12/13/gary-vaynerchuk-mark-cuban-web3-thirdweb/']raised $5 million[/URL] to bring together no-code and Web3, which we think is pretty cool. [/LIST] Don’t forget that Equity is back Friday for a final news roundup, and that we have two holiday eps coming during the last two weeks of the year! Talk soon! [I]Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on [/I][URL='https://itunes.apple.com/us/podcast/id1215439780'][I]Apple Podcasts[/I][/URL][I],[/I][URL='https://overcast.fm/itunes1215439780/equity'][I] Overcast[/I][/URL][I],[/I][URL='https://open.spotify.com/show/5IEYLip3eDppcOmy5DmphC?si=rZDFHv2sQUul_g94iCRgpQ'][I] Spotify[/I][/URL] [I]and all the casts.[/I] [/QUOTE]
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Equity Monday: Crypto hacks and a scuttled AI IPO
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