Equity Live: Self-flying helicopters, AI and the battle of the features
Sep 20, 2023
Live from TechCrunch Disrupt 2023, the hosts celebrate Instacart's successful IPO, analyzing its market trajectory. Joby makes waves with plans for its manufacturing hub in Ohio, while discussions on eVTOL vehicles highlight urban transport innovations. The conversation also dives into eldertech, focusing on the growing need for health solutions tailored for seniors. Lastly, the emergence of generative AI is explored with insights on recent funding and the competitive landscape shaping the tech industry.
29:38
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Instacart IPO Strategy
Instacart priced its IPO at $30, the top of its raised range, and saw immediate interest in trading higher.
This conservative pricing strategy may prioritize long-term investor happiness over maximizing immediate capital.
question_answer ANECDOTE
Rivian IPO Example
Rivian's IPO, the largest of the year, saw significant value loss after six months.
This highlights the tension between hype and longevity in IPO performance.
volunteer_activism ADVICE
Balancing IPO Hype and Longevity
Consider prioritizing conservative IPO pricing for long-term investor satisfaction over maximizing immediate capital.
Observe companies like Instacart and Rivian to understand the balance between hype and longevity.
Get the Snipd Podcast app to discover more snips from this episode
We were live at TechCrunch Disrupt 2023! Yes, even though our dear friend and colleague Mary Ann had to handle a family emergency, the larger Equity family rallied to put on a rollicking early-morning show at the venue. From the Builders' stage where Alex had to introduce himself, Kirsten Korosec and Becca Szkutak rounded out our hosting crew and we had a blast.
Here's the rundown:
Instacart went public! Finally, at last, at long last, Instacart is a public company. It priced at $30, the top-end of its raised range, and then went on to trade higher. More here, but a solid result.
Joby is all-in on the Buckeye state: What has batteries and goes straight up? EVTOLs, apparently, even if that acronym is a big of a mouthful. Kirsten reports that a TechCrunch scoop was born out when Joby picked Ohio for its manufacturing hub. A lot of state-derived help did not hurt, either.
Eldertechis a growth market: Becca wanted to talk about her latest Deal Dive, which was all about getting senior citizens to move for. Exercise is a pretty massive hack for a healthy body and life. We also had to point out that a graying world means that elder tech is only seeing expanding TAM.
Writer brings back nine-figure joy! And to close out, Alex wanted to riff on the latest Writer round, which is building a generative AI service for other companies. With some demonstrated traction, and a model that we think seems well rounded, Writer is one to watch.
Whew! The Equity crew is all over Disrupt for the next few days so make sure to say hello!
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.
Equity