Sunday, 1 September 2019

Could Peloton be the next Apple?


Subscribe to the podcast: https://ift.tt/2zyeSxE TechCrunch is back in San Francisco for our flagship event, Disrupt SF. We've got a fantastic line up of startup and tech leaders on tap like Snapchat's Evan Spiegel, Postmates CEO Basitan Lehmann, and Salesforce's Marc Benioff. Plus, you can experience an entire track of "how-to" content to help you grow your business from experts at Bumble, Fitbit, Uber, Goldman Sachs, Y Combinator and more. Also! We'll be recording a special episode of Equity right in the middle of Startup Alley. So get a ticket and come enjoy the goodness. Early-bird pricing ends tonight, and if you act now you can save another 20% by using **promo code** **EQUITY**. https://ift.tt/2wUnGx4 ____________________________________________________________________________________________________________________________________ Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we were back in the SF studio, with Kate and Alex on hand to chat venture, business, startups, and IPOs with Iris Choi. Choi is a partner at Floodgate, and one of the very few folks who have ever been invited back on the show. Despite Floodgate being an early-stage firm, Choi was more than willing to dig into the week’s later-stage topics, starting with the Peloton IPO filing. Kate was stoked about the offering (her piece here, Alex’s notes here). Peloton, a fitness, media, hardware (and more) company, is a lot different than your run-of-the-mill enterprise SaaS exits. Next Alex ran the team through a list of impending IPOs that we care about. There are a number of venture-backed companies looking to go public before the stock market falls apart. More on each when they price. After the S-1 march, we turned to personnel news, namely that Instacart’s CFO is leaving the firm after about four years with the company. Ravi Gupta is joining Sequoia Capital. We’ll tell you why. Next, we touched on two rounds. First, a Kleiner deal into Consider, an app that brings power-tooling to email. And then we chatted about Inkitt, another Kleiner deal. Why the pair of early-stage rounds? Because Alex recently went to Kleiner to chat with its new partner team about where they’ll deploy capital in the future. And that took us comfortably over our time. A big thanks to Choi for joining us, again, and you for sticking with the show. More next week! Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Spotify, Pocket Casts, Downcast and all the casts. https://ift.tt/2MOmaWL TechCrunch September 01, 2019 at 03:45AM

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