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Equity Monday: Kingsoft Cloud, Shiprocket, and who wants to make a contrarian financial investment?

by | May 11, 2020 | Fundings and Exit, Startups | 0 comments

Great morning friends, and invite back to TechCrunch’s Equity Monday, a short-form audio hit to start your week. Another weekend in your home, another week’s beginning with the exact same area. How are you holding

up? Do you miss your commute yet? Simply wish to get some breakfast from a kitchen besides your own? I feel you. It is Monday all the exact same and that means it’s time for Equity, so let’s get to it.

You can hit play above and following together with notes: Kingsoft Cloud’s IPO went well. Extremely well, in fact. Far much better than anticipated if we ‘re being truthful. The company was recently gross-margin negative and is now public? In this economy? Vroom has filed privately to go public, which is pretty wild given that the capital markets are in theory closed. Revenues this week are quite light however keep an eye out for Cisco, JD.com, Sony and Tencent. Over the weekend, bitcoin crashed around 10 or 12 percent, depending upon how you do the math.

  • Right before the halvening. Surprised? I was. Shiprocket raised$13 million and Ermetic raised$10 million in 2 cool early-stage rounds worth your time. A call to arms. As soon as a dude in his backyard composing blog sites and normally being mad online, TechCrunch was. It was fantastic! Since then, blog sites have matured, offered out, been re-sold, and usually enter into the landscape if you are being generous(or part of the furnishings if you aren’t ). Definitely there’s space for brand-new, kickass media business. Who is developing one? They would be a genuine contrarian. Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Spotifyand all the casts. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.

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