Good day 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.
Regardless of the superior week, information continues to be coming in in scorching and heavy, so strap in for at present’s busy episode:
Cryptos have did not get better from their weekend swoon, resulting in most main crypto property affected by a double-digit decline of their worth during the last week.
Sensetime’s Hong Kong IPO is about to lift much less cash than the AI firm had hoped.
BitMart acquired hacked, exhibiting that even this deep into the crypto period we’re nonetheless seeing embarrassing safety lapses that ship materials shopper ache.
Alibaba is reshuffling its management, although we’re not certain at this juncture what the modifications imply. To not get speculative, however we’re keeping track of the brand new management.
Plenty of traders are contemplating pouring capital into Polygon, TradeDepot raised $110 million, and Stacked raised $35 million for its crypto-investing system.
I’d usually say that it’s a vacation week, so let’s chill out, however as a substitute I’m wondering if we’re going to see a last push of stories this week earlier than issues do relax for the vacation interval.
Fairness drops each Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts.