Hello and welcome b ack to Equity
This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. I subbed in for Alex this week, so send your love over to the show on Twitter here and fan mail to me right here. Also, don’t forget to check out last Friday’s episode.
This week, we couldn’t help but weigh into the latest TikTok drama, but we got into why it’s worth following these budgets and moves (and a whole host of other fascinating news):
- Reminder that life makes 0% sense right now, so give yourself grace if you don’t feel 10/10 every single day always.
- TikTok’s latest is that it’s not (yet) getting banned in the States.
- The New York Times has published data on Donald Trump’s tax returns.
- Register to vote.
- Alexis Ohanian has filed paperwork for his new fund, 776, eyeing a $150 million close. The name is fun to noodle over.
- Poshmark confidentially filed its S-1.
- Bill Gurley fans can put their party pants on because Palantir and Asana are direct listing this week, both potentially with a Wednesday debut.
- Chinese fitness tech startup Fiture got a $65 million Series A, Philippines payment processing API startup PayMongo landed $12 million, and another API startup, Noyo, raised the same plus $500,000 to focus on healthcare.
All that, and we didn’t even get to make fun of LinkedIn stories.