Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
It is the first Monday of December, so this show is getting into the holiday spirit. And by that, we mean thinking far too much about the geopolitical-technological landscape, naturally.
Here’s what we got into on our Monday episode!
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Stocks in China are ripping higher on news that its drastic COVID-related policies could be starting to ease. It’s a long way from a reopening, but after years of hard-edged lockdowns, Chinese tech companies are breathing a sigh of relief — at least in valuation terms. Shares are down in Europe and the United States.
How much are Chinese equities rallying? Bilibili is in the lead, up around 16% in pre-market trading. The day’s gains won’t cover all prior losses, but for the nation’s beleaguered tech industry, the valuation gains are beyond welcome news.
And sticking to the good news vibe, the fact that the U.S. central bank may slow the pace at which it raises interest rates could provide some useful tailwinds to tech companies.
The Circle SPAC deal is off.
Giraffe360 raised new capital, which surprised us, given our perspective on the housing market.
And we closed with notes on ChatGPT, the thing that everyone on Twitter cannot stop playing with.
It’s me! Hi! (I’m not the problem, just the podcast’s host, here to bring you the latest greatest in startup and tech news this fine Monday morning). Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. And for…
If you have been on Twitter in the last few days, you likely noticed a deluge of screenshots from a service called ChatGPT. From the OpenAI group, ChatGPT is a conversational tool that allows you to provide the system with prompts that it responds to in written format. (You can…
Tesla started out the month of December by offering Model 3 and Model Y buyers in the U.S. a $3,750 credit if they have their vehicle delivered in December 2022. Now with a week left in the month, the electric vehicle maker has upped that discount to $7,500, according to…