Hello and welcome back to Equity, TechCrunch’s venture capital focused podcast, where we unpack the numbers behind the headlines.
Kate and Alex are back (again), bringing the latest on the IPO front. As Friday is drawing to a close, we will keep this post short to leave enough room for you to dig deeper into the audio. Welcome to the weekend.
First we dig in Uber last presentation of S-1. This time, the company set a price range for itself (TechCrunch coverage here), valued at $ 84 billion and also detailing estimates of its first-quarter results (Crunchbase News notes here).
We suspect that Uber will ultimately price you above that range. Time will tell.
And then we head to Slack, whose straightforward list will help set the historical tone for the unicorn age; ruin your money, says Slack, we’ve got ours. Well, maybe not, but the company has impressive growth, killer margins, and to our surprise, bigger GAAP deficits than we expected. The presentation of the company was fascinating.
But don’t worry, we can find out how to rate Slack. It’s Uber that left us scratching our heads. Expect next week to be another blizzard of news and numbers.
Thanks as always for listening to the show. We have never had more downloads than these last few weeks. It means a lot that you want to hang out with us. Don’t forget we have an email address ([email protected]) and a hashtag Alex needs to learn how to use: #equitypod.
Equity drops every Friday at 6:00 AM PT, so subscribe to us on Apple Podcasts, Overcast, Pocket Casts, Downcast, and all casts.