Hello and welcome back to Equity, TechCrunch’s venture capital-themed podcast which is something we unpack the numbers behind the headlines.
This week Katie Roof and Alex Wilhelm were joined by Heather Hartnett of Human Ventures. It has been a amazingly newsy November, this is why we narrowed ourselves to just a few topics: Uber, Niantic, Meetup, and Jeff Bezos’ checking account.
First up, Uber. We know that we’ve spent a lot of day on the Uber saga in recent months. We’re not huge fans of the fact, frankly, but as long as the world’s most valuable private tech company founders, we’ll talk about it. This week, merrily, was a good week of Uber news, from a dialogue perspective.
The Softbank tender offer is live, and merely who is participating and the purchase and selling is high drama impacting billions of dollars and thousands of people. Katie likewise broke some news about simply who is working to pick up shares in the transaction.
Also, Uber’s fiscals are again loose amidst the press. I put together an overview here, in case you want to look under the hood yourself. But, the bumpy gist is that Uber is growing and is losing even more money than before.
Finally disembarking from Uber, Niantic raised a Series A fund-sized Series B ($ 200 million) to build another game. The firm, best knows we its Pokemon Go megahit, will turn to the Harry Potter franchise next.
We then kicked over the WeWork-Meetup deal that we violated earlier in the week. Hartnett, a New Yorker, was on hand to explain the local impacts of the transaction. All that and we wrapped up with some Bezos fluff since we all deserve a break during this period of the year.
Stay cool, and we’ll is accurate back.