Hey there and invite back to Equity, TechCrunch’s endeavor capital-focused podcast where we unload the numbers behind the headings. This is Equity Monday, our weekly kickoff that tracks the current private market news, discuss the coming week, digs into some recent funding rounds and mulls over a bigger theme or story from the private markets. You can follow the show on Twitter hereand myself here.
Ever awaken to simply an enormous wall of news? That was us today, so we had to select and pick. Since this show is about getting you caught up, we chose to focus on the largest, broadest brand-new information that we might:
- Asian stocks were down, European shares are lower, and American equities are set to open underwater. Bitcoin had a terrific weekend, however.
- China’s edtech crackdown continued over the weekend, with the country’s ruling party setting new rules for online tutoring companies; they can no longer go public and will be required to end up being non-profit entities. Chinese edtech stocks all over the world fell.
- China’s larger tech crackdown continued over the weekend and into the week, with new moves against the contemporary company designs of both food shipment companies, and Tencent Music. The former should guarantee minimum incomes, while the latter must give up unique rights deals. Shares fell.
- The Jam City SPAC is kaput. It will not be the last similar offer to fall apart.
- And we chatted about this bit of Rivian news, as it stood out to us.
All that and we had a good time. Hugs and love from the Equity team, chat Wednesday!
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.