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Public tech’s espresso shot is quite literally The Cloud

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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

Last week we said that you needed to pay attention to the public markets, and we weren’t kidding. It was a huge week for earnings — with notes from all over including the ad market and cloud spend. But this week’s Monday show was more than just another entry in the series, it was an experimental live show! Natasha joined Alex for the fun, and this is what they got into:

  • Stocks up, crypto mostly flat after a solid week of gains.
  • Will Alibaba delist, or not? That question matters more than just what happens to the singular Chinese tech giant. The question really belies a larger query regarding the ability of Chinese tech companies to access foreign markets more generally, places where the capital can flow at a high clip. Given China’s economic woes, cutting off that particular liquidity pipe might be risky.
  • From there we went to Clearco layoffs, UiPath buying Refiner, and Oui’s first close of its new fund.
  • And then we wrapped with a dive into Big Tech earnings. The key gist? These companies are too big to summarize, and without the cloud they would be struggling.

So, what’d you think? Should we go live again? Next time with Equity-themed espresso cups that no one can enjoy other than us? Let us know, and don’t worry, the Equity team is back on Wednesday with a smashing bootstrapping show.

Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.

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