So, when is the SoftBank Execution Fund III dropping?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Alex, Natasha and Mary Ann worked with Grace to record yet another weekly roundup on all the tech news that may have flown past your radar. Or bumped into it so hard that you’re still dizzy and looking for more information. Regardless of where you’re at, here’s what we got into:
- For our deals of the week, we spoke about QED making its first African investment, backing Nigerian fintech TeamApt in $50 million+ deal and why Muon Space’s custom Earth observation satellites remind us of Build-a-Bear. Plus, Founderpath secured $145 million in debt and equity to help B2B SaaS startup founders avoid dilution — a reminder that non-dilutive capital is always in vogue.
- Then we got to a big theme all about bets. Yep, we’re talking Axios gets scooped, Haus gets put up for sale and ByteDance gets… hospitals?
- We end with chatter about SoftBank’s losses and redemption arc, as well as Coinbase’s earnings.
You’re all the best, and if you’re thinking, ‘you know what, right back at you!’ why not leave us a great rating on Apple Podcasts. If you disagree, erm, let’s try again next week?