As banks totter, crypto is busy racking up gains
Alex is here to do our Monday show, and after a hectic few weeks, are we done with banking news? No! Here's what we got into: the UBS-Credit Suisse deal, the crypto markets have had a few good weeks, what's going on with TikTok and Bytedance, and some startup news with Parker and PitchBook.
Equity · TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo
Audio is streamed directly from the publisher (traffic.megaphone.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Alex is here to do our Monday show, a kickoff for the week that covers startup news, tech news and a little bit of the money that powers both. After a hectic few weeks, are we done with banking news? No, but there's some good news in the offing, at least.
- Banking stocks are whipsawing this morning, in the wake of the UBS-Credit Suisse deal, and First Republic's continued woes.
- The crypto markets have had a good few weeks, leading to asset price appreciation that has reignited crypto-Twitter.
- News that TikTok is now more popular than ever is compounded by massive gains in the popularity of other Bytedance apps in the United States. The CEO of TikTok goes before Congress this week.
- Parker is taking on the corporate card market with a focus on ecommerce, and neat repayment periods, while PitchBook wants to predict which startups are going to exit.
- And, interest rate hikes could cool in the coming quarters, which could help tech companies recover some value.
We're off! Another week stretches before us. Get your dancing shoes on, surely the surprises are still coming.
For episode transcripts and more, head to Equity’s Simplecast website.
Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotifyand all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together and more!
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
Learn more about your ad choices. Visit megaphone.fm/adchoices