Howdy and welcome again to Equity, TechCrunch’s enterprise capital-focused podcast the place we unpack the numbers behind the headlines.
That is Fairness Monday, our weekly kickoff that tracks the most recent non-public market information, talks in regards to the coming week, digs into some latest funding rounds and mulls over a bigger theme or narrative from the non-public markets. You may observe the present on Twitter here and myself here.
Ever get up to only a large wall of reports? That was us this morning, so we needed to decide and select. However since this present is about getting you caught up, we determined to give attention to the biggest, broadest new info that we might:
- Asian shares had been down, European shares are decrease, and American equities are set to open underwater. Bitcoin had a terrific weekend, nonetheless.
- China’s edtech crackdown continued over the weekend, with the nation’s ruling social gathering setting new guidelines for on-line tutoring firms; they will not go public and might be pressured to grow to be non-profit entities. Chinese language edtech shares all over the world fell.
- China’s bigger tech crackdown continued over the weekend and into the week, with new strikes towards the present-day enterprise fashions of both food delivery companies, and Tencent Music. The previous should guarantee minimal incomes, whereas the latter should surrender unique rights offers. Shares fell.
- The Jam City SPAC is kaput. It is not going to be the final related deal to collapse.
- And we chatted about this bit of Rivian news, because it stood out to us.
All that and we had fun. Hugs and love from the Fairness crew, chat Wednesday!