Hello and welcome back to Equitythe podcast about the business of startups, where we unravel the numbers and nuances behind the headlines.
This is Alex and we’re here to do our Monday show, kicking off the week with startup news, tech news, and a little bit of the money that’s driving both. Sounds good? Here’s what we have for you this morning:
- Money: Stocks are mixed around the world and the crypto world is muted after some price swings last week.
- IPO News: ARM, the chip design group, may go public this year in the United States, raising $8 billion. Given the importance of potato chips these days, you may have already heard! – the company’s debut could be a very big deal indeed.
- Startup News: Abound raised a huge fintech round that had our heads spinning in amazement, Wunderkind put together a big Series C for its marketing tech, and several African fintechs have had better weeks.
- Finally Tesla: More price reductions. It will be fascinating to see the impact recent price cuts at Tesla have on the company’s gross margins in the first quarter. More when we get those numbers.
And that’s our show! Big hug and talk to you soon!
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We’d Give an Arm and a Leg for an ARM IPO Filing by Alex Wilhelm, originally published on businessupdates.org