Excellent morning and welcome back to TechCrunch’s Equity Monday, a short jumpstart for your week. A big thanks to start to the whole Equity team for doing an excellent job recently with the program while I was on holiday, specifically to Danny for handling this particular installation of the podcast. Equity Monday is still quite brand-new, frankly, so him stepping up and into the role was a huge advantage. Thanks, Danny. Right, so, what did we talk about today? In the face of outrageous authorities action and systemic racism, the majority of tech– both personal and public, alike
- — stated something or did something in the last couple of days. We go over some of the current declarations and pledges from the VC and startup world in the episode, but do take a look on your own and decide if what’s been done and stated suffices.
- For more, read this.
- Showing up this week: Zoom earnings. Zoom’s profits report matters a bit more than a regular absorb of three-months’ worth of corporate efficiency. The company is a crucial slab in the group of companies are have been buoyed by COVID-19 pandemic, suggesting that financiers that have actually made comparable bets will have their eyes on the videochatting giant’s results. And, SaaS and cloud stocks are trading at all-time highs. If Zoom can turn in excellent numbers, that run may be able to continue.
- Tia Health assembled nearly$25 million for women-centric telehealth.
- Beam, a micromobility startup headquartered in Singapore, raised $ 26 million.
- And, finally, fintech layoffs. I was off last week however was a bit surprised at the variety of fintech business that were cutting staff. Why? Well, we have a guess or two on that count. (You can learn more here, and here, from our own Natasha Mascarenhas for background). Equity will be back Friday early morning with more. Invite to the week, and please help others as much as you can.
Equity drops every Monday at 7:00 AM PT and Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.