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Good day and welcome again to Fairness, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.
In case you personal stuff, I’m sorry to report that you’re in all probability poorer right this moment than you have been on Friday, and even much less rich than you have been the Friday earlier than. Issues are promoting off and we needed to discuss it:
Shares are down, and cryptos are getting totally hammered. It’s a foul time to personal equities, however worse if you’re invested in digital belongings. Bitcoin, ether, and Solana are taking body-blows whereas the inventory market wilts. I assume because of this all our 401k contributions might be cheaper in February? Small wins, however nonetheless.
Swiggy raised an enormous spherical at a merely monumental worth, which is sweet for the corporate however has us asking questions. OfficeSpace raised $150 million, which caught our eye, and the latest Spectrum Labs seems to make good sense.
And to shut out we requested is the celebration over? This MG Siegler piece was in our mind as we chewed over the state of affairs. The dissonance between the private and non-private markets feels peak, and we aren’t positive how rapidly their diverging velocities can sustain the strain.
No matter how the selloff is impacting you, we hope that you’ve got a stunning week and keep heat. Hugs!
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