Not-so-fake dry powder, AI and the future of DAOs

by Ana Lopez

Hello, and welcome back to Equitya podcast about the business of startups, where we unravel the numbers and nuances behind the headlines.

We had the whole gang together this week, which was fitting given the sheer number of news stories we just had to get through. So what did it do Mary Ann And Natasha And Alex dive into? Here’s the overview:

  • A quick update on TikTok: The CEO of the popular social media service appeared before Congress today. It was quite a hostile encounter. Alex caught some of it live and has a few thoughts on the matter as well.
  • From there it was time for our deals of the week section, which today covered Duolingo’s new music product, a new DAO fund and the latest eToro investment.
  • Then it was time to talk about payroll. We started with the Rippling deal to raise $500 million during the SVB crisis, then discussed the larger HR technology space, which is both bigger and more valuable than we realized.
  • We closed with AI. So, so much AI. Everyone and their least favorite parent unit are building a big language model and is busy covering it in all their glory, or lack thereof.

Wow! What a week. The show returns Monday morning. We’ll see you there.

For episode transcripts and more, visit Equity’s Simplecast website.

Equity drops every Monday, Wednesday, and Friday at 7 a.m. PT, so subscribe to us Apple podcasts, Cloudy, Spotify And all casts. also has one great show on cryptoa show founders being intervieweda dat describes how our stories come together and more!

Not-So-Fake Dry Powder, AI and the Future of DAOs by Natasha Mascarenhas originally published on

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