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Asana joins the IPO race

Full episode here: Asana filed privately to go public in February of 2020 and was recently tipped to be considering a direct listing on the NYSE. The workplace productivity software provider has raised debt this year to the tune of $200 million or so, meaning that it likely has all the capital it needs. And…

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Full episode here:

Asana filed privately to go public in February of 2020 and was recently tipped to be considering a direct listing on the NYSE. The workplace productivity software provider has raised debt this year to the tune of $200 million or so, meaning that it likely has all the capital it needs. And since the funds were raised as a convertible note, the company can direct list, convert to shares post-debut and everyone is happy. Provided that money stays cheap (low interest rates making debt instruments of this sort enticing), and the Asana direct listing goes well (strong performance from a valuation perspective), consider this the model for future unicorn liquidity. We are stoked to see what happens.

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3 Comments

3 Comments

  1. Gianni135

    August 24, 2020 at 1:31 pm

    ok

  2. Jennifer Emerson

    August 24, 2020 at 1:58 pm

    Fantastic ???????? ????????♥️❤️

  3. ingusmant

    August 24, 2020 at 4:34 pm

    Asana still around? Damn

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CNET

I Was in AWE of This Techie Art Exhibit (Ministry of Awe)

Scott Stein takes you inside the Ministry of Awe, Philadelphia’s immersive six story art experience. Go on a journey with him as he explores how technology and art meet in this space. Hear from the founders of Spatial Pixel, who explain what inspires them to combine AI with this physical art experience. 0:00 Entering the…

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Scott Stein takes you inside the Ministry of Awe, Philadelphia’s immersive six story art experience. Go on a journey with him as he explores how technology and art meet in this space.
Hear from the founders of Spatial Pixel, who explain what inspires them to combine AI with this physical art experience.

0:00 Entering the Vault
0:13 The Concept
1:07 Programmable Space
1:41 Interacting with AI
3:12 The Future of Immersive Tech

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#MinistryOfAwe #ImmersiveArt #PhiladelphiaEvents #SpatialAI #FutureOfTech #CNET #InteractiveArt #SpatialPixel #OldCityPhilly

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Science & Technology

Why Taskrabbit’s Founder Prioritizes Diversity Early │ Build Mode Podcast

As a founder or any team builder, diversity is best built at the start. As Taskrabbit founder Leah Solivan learned, procrastination leads to weaker teams and a harder effort later. We dive into all of her expert tips for builders and founders in the latest episode of our podcast Build Mode right here:

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As a founder or any team builder, diversity is best built at the start. As Taskrabbit founder Leah Solivan learned, procrastination leads to weaker teams and a harder effort later.

We dive into all of her expert tips for builders and founders in the latest episode of our podcast Build Mode right here:

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Science & Technology

Are orbital data centers all hype, or an actual AI infrastructure solution? l Equity Podcast

Tech companies are racing to build data centers in space, pitching orbital compute as the next frontier for AI infrastructure, even as the technical and economic realities remain far from clear. Add in OpenAI’s massive $122 billion round and Bluesky’s latest AI backlash, and the message is clear: The future of AI is being shaped…

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Tech companies are racing to build data centers in space, pitching orbital compute as the next frontier for AI infrastructure, even as the technical and economic realities remain far from clear. Add in OpenAI’s massive $122 billion round and Bluesky’s latest AI backlash, and the message is clear: The future of AI is being shaped as much by ambition and hype as it is by real-world constraints.

On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane unpack these massive capital bets, user backlash, and off-world compute plans along with Whoop’s major valuation and the literal downfall of robot Olaf.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify, and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:
00:00 Intro
00:20 A humanoid Olaf robot collapses at Disneyland Paris
03:30 OpenAI raises $122B at an $852B valuation
11:30 Whoop lands $575M and bets big on wearable data
18:50 The risks (and value) of personal health data
23:00 Bluesky’s AI feed builder sparks backlash
30:00 Can Bluesky keep growing — and compete with X?
36:30 The race to build data centers in space
44:30 SpaceX, Starlink, and the business of orbital compute
49:30 Outro

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