This podcast explores the declining birth rate of tech unicorns, the housing crisis in sub-Saharan Africa, and the return of the controversial social media platform Parler to the online scene.
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Quick takeaways
The declining birth rate of unicorns poses financial challenges for investors, raising concerns about sustainability.
Sub-Saharan Africa grapples with a severe housing crisis due to rapid population growth outpacing construction rates.
Deep dives
Challenges in African Housing Crisis
A dire housing crisis is gripping Africa due to the rapid population growth outpacing home construction rates. The continent faces challenges from Senegal to Kenya in providing adequate housing solutions. With a significant urban population living in slums, the housing market struggles to meet the demand, exacerbated by inefficient construction practices and limited financial access.
Tech Unicorn Vulnerability
The tech unicorn phenomenon faces challenges as interest rates rise and investment climate shifts. The once abundant funding, particularly from crossover investors, has declined, affecting late-stage startups with high cash burn rates. The number of new unicorns has plummeted, leading to concerns about existing unicorns' sustainability and investors' ability to recoup returns.
Parler's Resurgence Amid Controversy
Parler, previously embroiled in controversy post-January 6th, resurfaces under new ownership. Despite denying associations with the event, the platform faces challenges reshaping its image. As social media dynamics evolve, private encrypted channels gain popularity, impacting the visibility of online conversations. The platform's return reflects broader shifts in digital communication and the influence of charismatic figures in online discourse.
The birth rate of unicorns—firms with a valuation north of $1bn—has plummeted, and prior investors in them are eyeing what exits exist. We ask why the species is endangered. The struggle to finance and build homes is contributing to a profound housing crisis in sub-Saharan Africa (08:34). And the return of Parler, a darling social-media platform for America’s far right (17:56).
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