Hello and welcome back to Equitya podcast about the business of startups, where we uncover the numbers and nuance behind the headlines.
This week Alex was back with Elegance and our new producer to start the week with. With the earnings season behind us, things have calmed down a bit on the forecast front, but that didn’t mean we were short of material:
- Stocks have fallen around the world, while crypto prices remain low for the past week; NFT volume continues its negative drift.
- CNBC Got FTX Earnings! Only until the first quarter of 2022, unfortunately, which means we have a good idea of what the company has been up to through March of this year. That’s good, but not great. Why not? Q2 is truly the turning point for crypto exchanges, data from Coinbase shows. So we have the stuff that makes FTX look good. We need more.
- Socar’s IPO ended up being a bit meh. While we welcome each and all At the time of the IPO, hopes may have been pinned on a stronger welcome to the South Korean stock market for the SoftBank-backed company. londonbusinessblog.com has more.
- And from the Quick Hit map, Tesla is increasing the price of its driver assistance system, Amazon wants to buy more healthcare assets, NSO can reformand SPACs are broken.
Equity will be back Wednesday and Friday this week as we don’t have a live show. Chatting soon!