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Home Startups

Cost cutting, layoffs remain leading startup themes

Updates Finance by Updates Finance
July 11, 2022
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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

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Alex and Grace are back to cover the biggest, boldest and baddest technology news. After some holiday weeks, we are back on an actual Monday! What a treat. Here’s what we got into:

  • Stocks are off around the world, partially due to government action, partially due to the complex web of negative factors that we’ve discussed for months now.
  • Cryptos are more staid; if you like bitcoin at $20,000 this is your moment.
  • Tiger’s slowdown is no mere blip, TechCrunch reports. The investing powerhouse is going to slow its roll for the rest of 2022, and is looking to raise a new fund.
  • Unacademy is looking to cut costs, go public in two years per TechCrunch. And Kadamos raised more capital, marking a pretty quick reload after raising a few months ago.
  • Quick Hits: The Uber Files are a mess, layoffs aren’t solving a talent crunch in Southeast Asia, and fintech staffing cuts are starting to pile up.

Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.





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