Linkedin is the reason Apple made the M1 chip
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
This week was good fun not only because we had the whole team together to record, but also because we are still basking in the endless glory of our winning a Webby earlier this week. Frankly we are still shocked. But happy-shocked, like when you get a new toy and it is covered in static electricity.
Anyhoo, we had a packed show with much, much left on the floor as we tried to shoehorn the week into our time slot. Here’s what we got into:
- The world of connections: Fave raised $2.2 million to connect fandoms, Somewhere Good raised $3.75 million to build feedless micro-communities, and both Spokn ($4 million) and Spot ($5 million) are hoping to use the spoken word to connect companies and their staffs. Honestly we think that the overall connection-community world is super exciting.
- Piano, one of those startups we actually have the luck of using, raised $88 million for analytics, subscription, and personalization tools. We get into why the round makes sense, and why one investor stood out more than the others.
- Corporate media: Coinbase is building out a media-ish org (Alex wrote about it here on his personal blog; Scrawler.co has more on the matter), and with TheSkimm hoping to find a corporate home and The Hustle doing the same, we had to dig into the matter. (Read more...)