

Unicorns are rare, but what about real?
4 snips Apr 14, 2023
The hosts dive into the latest developments surrounding FTX and Twitter, revealing the mixed sentiments in the venture market. Exciting news from Clear Street's impressive fundraising piques interest, while the EdTech landscape evolves post-pandemic. A noteworthy discussion on the dwindling unicorn creation rates hints at cautious optimism for select startups eyeing mega-IPOs. Additionally, insights from an AI event showcase global regulatory dynamics that might reshape investment strategies. It's a blend of optimism and reality in a shifting capital world!
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FTX's Misplaced Millions
- FTX misplaced $50 million, then later found it.
- This nonchalant attitude towards large sums of money is concerning.
Twitter's Transformation to X
- Elon Musk plans to turn Twitter into a super-app called X.com, similar to WeChat.
- This move seems ill-conceived given Twitter's current operational issues.
Reach Capital's EdTech Fund
- Reach Capital closed a $215 million EdTech fund, despite recent downturn.
- Their portfolio includes successful companies like Class Dojo and Outschool.