Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
This week was a damn corker. Instacart is fighting back! Zuora went public and it went well! There were other IPOs! Uber loves bikes! And what is #AllRaise? We happily had a good crew on hand to sift through the mix, including Katie Roof, myself, and Kara Nortman, a general partner at Upfront Ventures.
Up top we dug into the massive new Instacart round, the completion of its Series E. The new $150 million brings Instacart’s valuation to a staggering $4.35 billion, up from $4.2 billion when it closed the first $200 million of its latest round of capital. It’s an incredible bet from the private markets, and we dug into it as a possible anti-Amazon bet.
Moving along, it was an IPO run for the ages:
Moving along, we wandered back into the hottest region of Silicon Valley conversation:
bikes scooters. The JUMP-Uber deal finally wrapped — as expected — and we discussed the finer points of what a scooter is and how they fit into our lives.
Hit play and we’ll see you all next week!