Big wins for Latin America, climate tech momentum and Rover’s $2.3B sale
Here's what the Equity crew got into today:
- Self-driving setbacks: Cruise is set to slash its costs in the wake of a safety mess, and greater scrutiny from regulators. Alex hopes that the current set of news items doesn’t slow down the progress of self-driving tech.
- Webull snaps up Flink: Free trading is not just a business model that is popular in the United States. Webull is taking the Latin American market more seriously with its purchase of Flink.
- Uber <3’s taxis: What are London’s iconic black cabs doing on Uber’s platform? And how long does it take to go from enemies to frenemies?
- Rover finds the exit: Who would have guessed that dog walking would be worth $2.3 billion?
- IPOs are heating back up (a little): With Shein and Reddit targeting the IPO market in the coming months, it’s time to get our S-1 boots back on and prepare for some new debuts.
- Venture downturns are not death sentences: EU venture funding levels are down, but not out. And what’s going on Down Under?
We are back on Monday! Chat then!
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Credits: Equity is hosted by TechCrunch's Alex Wilhelm and Mary Ann Azevedo. We are produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
