Startup yachts, Adam Neumann and wait what year is it again?

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

Natasha took over Equity Monday this week alongside Grace, as Alex enjoys some always-deserved vacation. Thankfully, there was way too much to get into. So much so that I recommend you listening to this podcast immediately before a whole news cycle breaks.

Here’s what we got into:

• Morning markets update, which is somewhat a story about reaction to China’s slowing economy
• For our big tech news item to start the week, Amanda Silberling dropped in to talk to us about Unity saying ‘thank you, next’ to a $20B merger offer from Applovin. I’ll add in that it’s not the only billion-dollar+ merger that fell through recently. How’s that for Unity?
• I talked about Adam Neumann’s new startup, which just landed Andreessen Horowitz’s largest check to date at a billion dollar valuation. Deep breaths, friends, the reaction is part of the point. 

• Then I got into a WebMD alternate with quality as its differentiator. 
• I end with bad news for Peloton employees, and good news for Atlanta’s early stage entrepreneurs.

 

As always, you can follow Equity on Twitter @equitypod, and me at @nmasc_. We are back Wednesday! Chat soon!