Equity Monday: Dogecoin is passé, but student notes are big business
May 10, 2021
Get ready for a wild ride through the latest in cryptocurrency! Dogecoin's post-SNL slump is noteworthy, while a new memecoin takes the spotlight. Cybersecurity issues are front and center after a significant U.S. ransom attack. Meanwhile, EdTech is booming with StuDocu's impressive $50 million funding, and super apps like Gojek continue to secure massive investments. Don't miss the big tech earnings reports from major players like Palantir and Airbnb this week!
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Memecoin Mania
Elon Musk's SNL appearance didn't boost Dogecoin's value as some had hoped.
A new meme coin, Shiba Inu, is gaining popularity.
insights INSIGHT
Crypto as Store of Value
Some cryptocurrencies are treated as stores of value rather than functional currencies.
Their value depends on others' perceived value, driving speculative trading.
insights INSIGHT
Clubhouse on Android
Clubhouse launched on Android in the US, but only by invite.
This strategy of faux exclusivity seems late, given competition from Twitter Spaces and Discord.
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.
This weekend was all about memecoins. And I am sorry about that. But Equity doesn't run the world, sadly, it merely notes what is going on:
Dogecoin dropped during Elon Musk's SNL appearance. Which was somewhat ironic. Also there's another memecoin that is skyrocketing.
Palantir, DoorDash, Airbnb, Alibaba will report earnings this week, amongst others.
Clubhouse is finally coming to Android. In the United States. By invite. So, if that's you, congrats, welcome to the app.
A major cyberattack and ransom situation in the United States is a data point, yet again, that we're woefully unprepared for cyber risk.
This week's Extra Crunch Live is going to be really good. I will see you there!
It is going to be a busy week! Already since we recorded this show there's more drama from Box, and more. Strap in!
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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