Initial Phase 2023: IRL is BACK

Hello, and welcome back to Equitya podcast about the business of startups, where we unravel the numbers and nuances behind the headlines.

This week we filmed Early Stage, businesskinda.com’s event for founders building startups from the ground up.

Alas, our dear friend Natasha Mascarenhas got sick and we had to lean further Alex before delivery. But fortunately Darrell from the businesskinda.com team sat next to us on the show floor, so we tagged him for some rocket science.

Anyway, here’s the show!

  • All about early phase: Notes from the trading floor, what we can deduce about the attendance and an atmosphere check.
  • Elon’s new, larger rocket went up (very good) and then went “boom” (not so good). Fortunately for the space race, the overall outcome of the launch was good. Rockets tend to pop when they’re new, and it’s a bit of the, well, testing process to get them to do that. Sure, one non-boom result would have been better, but SpaceX had no intention of reusing the parts anyway.
  • Tesla’s earnings came out and investors are not so happy. While there were some good things in the numbers, price cuts at the company and moderating cash flow indicate that profitability gains could be harder to achieve going forward.
  • And dismissed. Meta cuts staff. Insider cuts staff. BuzzFeed is cutting staff. It’s a mess out there.

We’ll be back at full strength next week – and no longer on the road – so expect regular service to resume. Cuddly toys!

For episode transcripts and more, visit Equity’s Simplecast website.