Hey there and invite back to Equity, TechCrunch’s endeavor capital-focused podcast where we unload the numbers behind theheadings. This is Equity Monday, our weekly kickoff that tracks the current big news, talks about the coming week, digs into some current funding rounds and mulls over a larger style or story from the private markets. You can follow the show on Twitter here, and myself here, and don’t forget to check out last Friday’s episode. As you most likely anticipated, we had a lot to state about the TikTok-Microsoft tie-up that

is in some way still afoot. Other things happened too, don’t stress. Here’s the rundown: The TikTok-Microsoftdeal is back on. Lordstown Motors is aiming to go public through a SPAC. To which we need to say that the EV boom and SPAC crush are going to fuse and lose some individuals a great deal of money.

  • Not this deal, necessarily, mind. Google is dumping cash into ADT as part of a Nest deal. And Zoom’s most current move regarding the Chinese market feels like a harbinger of times to come. On the TikTok front, Microsoft
  • never really completely abandoned customer software and hardware, it simply pruned deeply under its present CEO Satya Nadella. Windows Phone? Gone. Surface area? Bigger than ever. Mixer? No. Bing? Yep. That sort of thing. And Microsoft, like any modern super-platform, doesn’t simply want to own your time when you are at work. It wishes to burn your eyes out all the time. For a host of ByteDance backers like Yuri Milner, Sequoia Capital China, General Atlantic, SoftBank
  • , and Goldman Sachs and Morgan Stanley, the offer might be rather profitable, we presume. Rounds for Wejo(protection here), Lezzoo( coverage here), and Plume( protection here). Why does Microsoft wish to buy TikTok? We had a number of concepts that all sort of summed to perhaps, but when we went through the huge tech companies that were possible suitors– ports in the Trump storm– maybe Microsoft makes more sense than we would have thought? Whatever the case, we can’t wait until Satya reveals the deal by dancing and pointing at text on a screen while wearing something silly.
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