Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
This is our Wednesday show, where we niche down to a single topic. This time 'round we took a look into the world of on-demand delivery in Europe, with an especial focus on the so-called "instant" grocery sector, and delivered convenience items. To help Natasha and Danny and Alex get through the subject, we lassoed TechCrunch alum and present-day VP at Zapp, a company in the sector under discussion, Steve O'Hear to chat with us.
We spent time chatting through the following:
- Recent news from the sector, including that Turkey's Getir has just raised a bucket of new capital, and that Weezy is looking to exit; the latter item wound up being important we got around to discussing consolidation in the space.
- Steve gave us an overview of Zapp, and how its approach to infra could help its economics.
- We chatted about GoPuff and its economic fortunes, which in fundraising terms are solid, even if questions regarding future profitability are still in play.
- And regarding the ever-present pandemic question, Steve was bullish on consumer behavior staying where it is if -- when? -- the COVID-19 pandemic eventually leaves us.
We are back on Friday! Chat then!
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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