Not-So-Fake Dry Powder, AI, and the Future of DAOs

Hello and welcome to Equity, a startup business podcast, where we unpack the numbers and nuances behind the headlines.

We had the whole gang together this week, which was fitting considering the sheer amount of news stories we just had to skim through. So what is Mary Ann And Natasha And alexander dive into? Here is the recap:

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

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

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

Not-So-Fake Dry Powder, AI, and the Future of DAOs by Natasha Mascaren was originally posted on TechCrunch

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