Equity Instacart now delivers market trends
Apr 1, 2022
The hosts dive into the innovative landscape of Y Combinator, showcasing standout fintech startups from Africa and Asia. Instacart shakes up the market by lowering employee equity valuations, possibly setting a new trend. They also discuss the recent Axie Infinity hack and its implications for the crypto gaming industry. The evolving dynamics of social media are scrutinized, highlighting Elon Musk's social network ambitions and Facebook’s questionable practices. It’s a whirlwind of insights on trends, risks, and the future of tech in various sectors!
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Fintech Diversity
- This YC demo day featured nearly three dozen international fintech companies.
- These companies represented a diverse range of countries, reflecting booming fintech scenes globally.
Brex-like Expansion
- Many startups are building Brex or Ramp-like services for various regions.
- Examples include UpBanks for Indonesia, DOS Capital for Latin America, and Boya for Africa.
Crypto's Global Saturation
- Fewer crypto and Web3 companies than expected participated in this YC batch.
- This suggests crypto may not be as mainstream globally as it seems in certain tech hubs.