Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
Today we got the gang together -- Natasha and Danny and Alex -- to chat about the most recent IPOs in tech-land, namely debuts from Freshworks and Toast.
TechCrunch has covered their pair of firms somewhat closely during their IPO run, as they each have some notable characteristics:
- Freshworks' IPO provided a fresh window into how public market investors are willing to value growth-oriented software companies out the gate. The news is good. Which means that we could see more unicorns looking to list in coming months.
- Toast's IPO provided a lens by which we could gauge public-market sentiment for hybrid software-and-payments companies. The answer? That the stock market is pretty dang enthused about the companies in question.
So it's a good news day for unicorns, for tech startups, and for Boston, a city that Danny has many thoughts about. Please send him your complaints, and not the show. We take no responsibility.
It's Disrupt week, so we'll have more in a few days but until then we'll see you at the event!
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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