Equity Welcome to YC and Apple week
Sep 6, 2022
The podcast dives into the latest trends in financial markets, noting a cautious bounce in stocks despite recent volatility. With Y Combinator's Demo Day on the horizon, a wave of exciting startups is expected to emerge. There’s also buzz around an upcoming Apple event, which may unveil new devices, bringing out different levels of excitement among consumers. Lastly, the conversation shifts to the global economic climate and its mixed effects on startups, particularly highlighting Binance’s evolving strategies in the crypto space.
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Market Overview
- Stocks are mostly higher, but off recent lows, so the bounce may not mean much.
- Crypto remains quiet, with NFT volume slow and DeFi TVL depressed.
YC Demo Day Preview
- Y Combinator's Demo Day is this week, featuring fewer companies with more backing than last year.
- TechCrunch will be covering the event extensively, focusing on startup focus, Web3 involvement, B2B areas, and geographic distribution.
Apple Event Expectations
- Apple's event this week is expected to reveal new iPhones, Apple Watches, and AirPods Pro.
- Alex expresses a desire for software improvements, like unlimited cloud storage, rather than yearly hardware updates.