Oversized seed rounds, neobanks and sharp M&A? Hello, 2023 • InNewCL
#Oversized #seed #rounds #neobanks #sharp #InNewCL Welcome to InNewCL, here is the new story we have for you today:
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Hello and welcome back to Equity, a podcast about the business of startups, where we unveil the numbers and nuances behind the headlines.
This week, Natasha Mascarenhas, Mary Ann Azevedo And Rebecca Szkutak got on the mic to talk about startups, pet peeves and focaccia. What else did you expect?
Here’s what we got ourselves into:
Descope landed a $53 million (!) seed round, a Phenomenal New Venture Fund, and a neobank to make credit more accessible to young people in Mexico. We then turned to talk Buy now, pay later (BNPL) which included some chats about Affirm’s recent troubles and the areas of BNPL that are in development despite questioning if this is the end of the BNPL boom, as we know it seem to be growing. Layoffs in the tech space are still common, so we talked about what advice some VCs have for laid-off workers considering starting their own startups, and what we think of that advice. Finally, we ended by jumping across the pond to talk about the EU tech scene. Mainly about the fact that it’s a lot more composed than the US and all that jazz.
With that, we’re skipping next week’s Equity Monday due to the holiday and returning on Wednesday with more, led by Becca!
Equity falls every Monday at 10:00 am PT and Wednesdays and Fridays at 7:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all Casts. InNewCL also has a great show about crypto, a show that interviews founders, one that details how our stories come together, and more!
