Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.
It was a busy weekend for everyone, regardless of whether you were watching the technology, what Branson was up to, or the footie. I won’t take sides on the match, but I will say that it was gripping unto the very end and a great example of sport. Now, the news:
- Microsoft is said to be hunting up the purchase of RiskIQ, a cybersecurity firm. The deal is reported to be worth around $500 million.
- And this weekend, Twitter began to conform with new regulations in India, moves that come after it lost some legal protections during a scrap with the Indian government.
- China’s tech market has been busy: News is out concerning ByteDance’s IPO delay, Tencent is being forced to drop some music label exclusivity, and the Chinese government recently blocked a merger of streaming giants in the country.
- There’s big news out from Flipkart this morning, thanks to its recent and huge new funding round worth $3.6 billion.
- And returning to the cybersecurity theme from earlier, startups in the sector are having a lovely time raising capital in recent months, it turns out.
And don’t forget that earnings season is just around the corner. It’s a pretty important cycle. Why? Because startup valuations are hot, and could take a hit if earnings come up short. And the IPO market is pretty freaking active; poor earnings from major tech companies could crimp exit-prices for mature startups.
Ok! Talk to you on Wednesday!
Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts!