When life gives you lemons, print money with Lemonade

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
Before we dive in, don’t forget that the show is on Twitter now, so follow us there if you want to see discarded headline ideas, outtakes from the that got cut, and more. It’s fun!
Back to task, listen, we’re tired too. But we didn’t let that stop us from packing this week’s Equity to the very gills with news and notes and jokes and fun. Hopefully you can chuckle along with myself and Natasha and Danny and Chris on the dials as we riffed through all of this:

Journalism, venture capitalists, and not being a colossal jerk: Listen in for more, but there’s once again a brouhaha in the world of technology twitter and media twitter concerning whether journalists should write more positive things about tech companies (no), and if venture capitalists are a bit too thin-skinned for their net worth (yes).

Lemonade’s IPO went kaboom out of the gate, more than doubling in value. But the CEO isn’t too worried. I spoke with him before we recorded and he was more interested in getting a bedrock of solid, long-term investors than extracting every possible dollar in their raise. And Lemonade had a bunch of money already, so it wasn’t a huge concern.

We also spent a minute on the possible Uber-Postmates deal, that could get announced early next week. That or Postmates really is serious about going public. We’ll see.

Next up we had to talk about Mirror, Lululemon, and what’s up with home fitness. Is the trend here to stay? Natasha thinks so, and the rest of the crew are pretty bullish as well. Especially as it is not like we are going to get back to life anytime soon.

After that it was time to get to a few funding rounds, including the latest from Neo.Tax, and a check-in on the early-stage Lessonbee, which sounds really cool.

We also crammed in a quick word on Contrary Capital and startup mafias, the Envision accelerator, Discord’s latest $100 million round, and we closed with the Final Luckin Letdown.


Right, that’s our ep. Hugs from the team and have a lovely weekend. You are all tremendous and we appreciate you spending part of your day with the four of us.

Equity drops every Monday at 7:00 AM PT and Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.
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