You don’t need to be venture-backed to be successful
The strong pricing of Rubrik’s IPO and The warm reception from the public markets after its IPO adds more weight to the prospect that the public markets are not as closed to tech startups as some believed. If Rubrik’s result isn’t enough to break the logjam, maybe something else is going on.
But a lot more happened this week, which meant that the Equity The crew had a ton of news to pass along as always, with a little bit of our own involvement. Luckily it was all very interesting, so Mary Ann and Alex started with Rubrik before going to Pomelo, a startup that has a very interesting twist on the remittance market.
From there it’s time to talk about TikTok. What was once an unfathomable outcome—TikTok was forced out of its parent company or faced a ban—became a reality very quickly. The United States isn’t the first company to ban the service, but we noted during the show that the company we keep isn’t the most enticing. Yet here we are. what does it mean for consumers?
And to close, Early Stage. TechCrunch held its annual early stage event this year, and it was a blast. Not to toot our own horn, but it was the second year in a row that our boat in Boston was full, useful, and a lot of fun. The coffee was still good. In a technology conference. Alex had notes.
Equity is back on Monday, thanks for hanging out with us!
Equity is TechCrunch’s premier podcast and publication every Monday, Wednesday and Friday and you can subscribe to us at Apple Podcasts, Cloudy, Spotify and all the cast.
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For the full transcript of the interview, for those who prefer reading to listening, read or view our full episode archive in Simplecast.
