Technology

Public tech’s espresso shot is quite literally the Cloud – TechCrunch

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

Last week we said you need to watch out for the public markets and we weren’t kidding. It’s been a great week for earnings – with notes from around the world including the ad market and cloud spend. But this week’s Monday show was more than just another entry in the series — it was an experimental live show! Natasha joined Alex for fun, and this is what they did:

  • Stocks rise, crypto mostly flat after a solid week of gains.
  • Will Alibaba be delisted or not? That question is more important than just what’s happening with the unique Chinese tech giant. The question really belies a larger question about the ability of Chinese tech companies to access foreign markets more generally, places where capital can flow at a rapid pace. Given China’s economic troubles, cutting this particular liquidity line could be risky.
  • From there, we moved on to Clearco’s layoffs, UiPath’s purchase of Re:infer, and Oui’s first close of his new fund.
  • And then we ended with a jump into big tech revenue. The essentials? These companies are too big to summarize, and without the cloud, they would struggle.

So what do you think? Shall we go live again? Next time with equity-designed espresso cups that no one but us can enjoy? Let us know, and don’t worry, the Equity team will be back with a mind-blowing bootstrapping show on Wednesday.

Equity falls every Monday at 7:00 am PDT and Wednesdays and Fridays at 6:00 am PDT, so subscribe to us Apple Podcasts, Covered, Spotify and all casts.

https://techcrunch.com/2022/08/01/public-tech-earnings-q2-2022-the-cloud-wins/ Public tech’s espresso shot is quite literally the Cloud – TechCrunch

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