The discussion kicks off with funding rounds from innovative startups like Mos and Alchemy, highlighting their leap in fintech and blockchain. A deeper dive into Peloton reveals struggles in adapting post-pandemic. The ethical dilemmas of venture capitalists moonlighting as consultants spark a lively debate. Finally, there's a ray of hope for insurtech, with optimism for recovery in the market after recent setbacks. Overall, a rollercoaster of trends and ethical considerations in today's investment landscape!
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Moss's Pivot to Banking
Moss, founded by Amira Yahyaoui, initially helped students find scholarships.
It now aims to be a student-focused bank after raising a $40 million Series B.
insights INSIGHT
Alchemy's Rapid Growth
Alchemy, a Web3 development platform, raised a $200 million Series C-1 at a $10.2 billion valuation.
It's compared to AWS for blockchain and has tripled its developer teams in nine months.
question_answer ANECDOTE
Cook's Venture's Chicken Innovation
Cook's Venture raised $50 million to develop a proprietary chicken breed called the Pioneer.
These chickens can tolerate diverse feed and harsh conditions, potentially benefiting farmers in challenging environments.
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We had the full crew aboard today for our live taping, headed by our killer production team Grace and Chris, and hosting crew Mary Ann, Natasha and Alex. Overall, it was a success? Our streaming tech took us to various Internet platforms, and people came to Hopin and asked questions. Thank you! It's always a risk to do something new, so thank you for making it a win.
But enough of all that, what did we talk about? Here's the rundown:
Funding rounds from Mos (edtech + fintech), Alchemy (blockchain infra), and Cooks Venture (patented chickens). The last round got the most attention during the recording, leading to questions about the ethics of eating meat.
Peloton's news, and the pandemic effect on companies was up next. Or more specifically, the changing impact of the pandemic on companies. Peloton is suffering in the pandemic's wake (although some argue that is due more to mismanagement than the pandemic), but other companies are coming out of the dip in reasonable form.
From there we dug into the ethics of venture capitalists having side hustles as consultants. Our read is that the setup is possible to be done ethically, and as the investing market grow a cohort of check-writers with smaller AUMs, some additional work to pay the bills can be unavoidable. The drama was illustrative, if more rude than it needed to be.
Whew! We're back with another live show in two weeks. Until then, we're back to normal!
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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