Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.
The whole crew was back today, with Natasha and Danny and I gathered to parse over what was really a blast of news. Lots of startups are raising. Lots of VCs are raising. And some unicorns are shooting to go public. It’s a lot to get through, but we’re here to catch you up.
Here’s what we got into:
- A Media Roundup: The Juggernaut raised $2 million in a round that we found to be both cool and timely. The news of a media startup raising money was paired with rumors of an exit for email media darling Morning Brew for a price-tag of up to $75 million. Undergirding each story was recent reporting concerning the revenue success that Axios is enjoying. It’s nice to report on some media news that isn’t fresh layoffs.
- A cluster of wellness startups raising capital: If you like to work out your mind and body, it was a good week of news for you. Calm is looking for new funds at a frewh, higher valuation. TechCrunch has coverage here. Coa did raise, adding $3 million to its coffers for mental health group classes. And Playbook put together $9.3 million for its fitness instructor platform.
- VCs raised lots: It’s a hot time for VCs themselves to raise money, with OpenView, Canaan, True Ventures, Lead Edge Capital, First Round, and Khosla either closing rounds or announcing new fundraises.
- Also on the VC beat: Terri Burns was made an investing partner at GV.
- Finally, we got into the recent GetAround funding and turnaround story, which segued us into Airbnb’s own recovery. TechCrunch has more here.
And with that, we’re off until Monday morning. Chat soon, and stay safe.
Equity drops every Monday at 7:00 a.m. PT and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
source https://techcrunch.com/2020/10/15/when-was-the-last-time-you-worked-out-your-soul/