Whats up and welcome again to Fairness, a podcast in regards to the enterprise of startups the place we unpack the numbers and nuance behind the headlines.
Excellent news, everybody: Mary Ann is again! Sure, after a brief absence now we have our third Friday host again the place she belongs. Specifically proper in entrance of a microphone, speaking to us.
And it was good to have her again, as we had a small mountain of reports to speak by means of:
OpenSea might be price $10 billion: Proper earlier than we recorded, information broke that OpenSea may increase new capital at a far-greater valuation than it did earlier this yr. Whereas we had some jokes, we additionally did somewhat math on why OpenSea may actually be price a lot cash.
Different rapid-fire funding rounds: If OpenSea does increase once more, it should be a part of good firm in placing collectively a number of rounds in below a yr. Facily has carried out the identical, as has Justt. Briefly, the outdated 18-month cycle for elevating capital is so dated it’d as properly get delivered by telegram.
Lambda Faculty rebrands:
Casper goes non-public: After a troublesome time as a public concern, DTC mattress firm Casper goes non-public. Notably its points haven’t dampened market curiosity in taking different DTC firms public.
What makes a founder, a founder:
We’re coming into the vacation interval, so anticipate the standard disruptions to Fairness’s manufacturing calendar. We’ll be taking quick breaks as per common, however can be recharging some forward of what ought to show to be a really, very busy 2022.