Well done, Pismo and Visa! You gave SoftBank a win
Mary Ann and Alex are back for another busy news week chock full of deals to chew through. We kick things off with Honey Homes' recent funding and Gusto teaming up with Remote then dive deep into the latest wave of M&A from Visa's purchase of Pismo to Databricks' deal with MosaicML. Stay 'til the end for an early Q2 review on why our unicorns are starving.
Equity · TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo
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Show Notes
Mary Ann and Alex are back for another busy news week chock full of deals to chew through.
Here's the rundown:
- Deals of the Week: We think that the idea behind the recently-funded Honey Homes is excellent, but we're split about the cost. We also went over Gusto's latest financial achievements and its plans to team up with Remote.
- Fintech M&A: The biggest deal of the week in fintech was Visa's purchase of Pismo. We haven't had unicorn-level acquisitions lately, so this one was welcome. Elsewhere in the space, Brex has brought on board a former SVB and a16z denizen, and Ramp bought Cohere.io (not this Cohere, the other one).
- Other M&A: But those weren't the only deals. Databricks bought MosaicML, IBM bought Apptio, and ThoughtSpot has acquired Mode Analytics.
- Help, my unicorn is starving: We closed with Alex's look at the declining funding to unicorn and web3 startups, as well as Rebecca Szkutak's latest on the secondary market in the process.
Equity will be back on Wednesday as we head off into yet another holiday weekend here in the U.S. when Alex will finally put his PTO to use. In the meantime, let's catch up on Twitter @EquityPod. Talk soon!
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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