Brex and the curse of having too much money
This week on Equity, Plural VC announces a new fund, Fantuan teams up with Chowbus, Vroom leaves the car selling business, and we chat through what's happening over at Brex.
Equity · TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo
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Show Notes
Here’s what we got up to on our Friday show:
- Deals of the Week: Plural has a new $432 million fund, Vroom is no longer in the car selling business, oddly, and we chatted through the Fantuan-Chowbus deal.
- From there we turned to fintech (generally) and Brex (more specifically). In short, Brex is a big company today but not one that is having a lot of fun at the moment, it appears. With reports indicating that its growth has slowed and its burn remained sticky, it recently cut staff.
- To close, we dug into why edtech might not be in the dire straits that many presume that it is. A recent TechCrunch+ investor survey finds notable pockets of enthusiasm in the sector. AI, as you may have heard, is a big deal.
That’s our week concluded! We start back up on Monday morning! See you there.
For episode transcripts and more, head to Equity’s Simplecast website.
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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.
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