Jacquelyn Melinek, a TechCrunch reporter specializing in the crypto industry, joins the discussion. They kick off with highlights from Apple's WWDC and its costly new headset. Jacquie dives into the SEC's recent crackdown on crypto exchanges, including Binance's legal woes, and the implications for the market. The conversation turns to Sequoia Capital's self-competitive strategy, likened to an inverse approach from Google. The partnership between Affirm and Amazon is also explored, revealing its potential to reshape the BNPL landscape.
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Apple Vision Pro Price Shock
Mary Ann was shocked by Apple Vision Pro's $3500 price tag.
She believes Apple missed the mark with its premium pricing strategy for its Vision Pro headset.
question_answer ANECDOTE
Affirm and Amazon Partnership
Affirm and Amazon renewed their partnership, integrating Affirm's 'buy now, pay later' option into Amazon Pay.
Retailers can choose whether to enable this feature, offering customers installment payment options.
insights INSIGHT
Amazon's Choice of Affirm
Amazon's partnership with Affirm, an established BNPL provider, is significant.
Amazon did not choose a startup for this integration, signaling potential pressure on Affirm's business.
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It was a hectic week, with little in the way of the traditional Summer Slowdown making itself known. So, here's what Alex and Mary Ann covered with some help from our dear friend Jacquie Melinek:
WWDC in a nutshell: In case you missed it, Apple had a big event this week. On tap were the usual run of software updates, and improved computers in both laptop and desktop format. And, you know, that other thing.
Affirm partners with Amazon(again): This is not Affirm's first tie-up with Amazon, but investors are pretty excited that the pair of companies are once again linking arms. As we continue to wait for mega-unicorn Klarna's IPO — more notes here — we are keeping our ears close the BNPL ground.
Cava's IPO continues to delight Alex: What has an IPO coming up and has this little podcast in a tizzy? Yep, it's Cava, the fast-casual chain that, thanks to a dollop or two of venture capital money, we get to cover!
All things SEC and Crypto: The SEC broke into its hammer closet so that it could go play whack-a-mole this week with crypto exchanges both foreign and domestic.
How real estate will affect the climate crisis: It turns out that construction is not so good for the planet. And with a commercial real estate crisis brewing, can we add one to one and get five?
Next week, Equity is on vacation! We're taking a breather before launching into another massive run of shows, but we'll be back before you know it.
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.