Hello and welcome back to Equitya podcast about the business of startups, where we uncover the numbers and nuance behind the headlines.
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- Markets: Shares have fallen all over the world today, especially in Asia. US stocks will also fall when they start trading. Major cryptos have also been shut down in the past 24 hours, but not enough to make a fuss.
- Startups: Today we took a look at new fundraisers from Vendease, an African food logistics company, and Disperse, a UK-based construction technology company looking to map construction sites. That market, it turns out, is huge.
- Quick Hits: Do Kwon has been hit with a red message meaning he will likely be taken into custody soon. However, some are annoyed that he is in trouble for causing a financial collapse and losing a lot of people’s money. What’s the argument there? That he didn’t act maliciously, and instead, we assume, was stupid. Not a great argument for making Do Kwon look good, but that’s where we are. Also in the mix: the new iPhone is being built in India and TikTok may find regulatory delay.
- Closing riff: Goodbye Q3 2022, hello Q4 2022. This is the last Equity Monday of the third quarter, a period few of us will look back on and miss.
That’s our idea! We’ll be back on Wednesday and Friday!
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