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Edtech is the new SaaS

Full episode: Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. The whole crew was back, with Natasha Mascarenhas and Danny Crichton and myself chattering with Chris Gates behind the scenes making it all work. An extra shoutout to Natasha this week as we spent a lot of…

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Full episode:

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.

The whole crew was back, with Natasha Mascarenhas and Danny Crichton and myself chattering with Chris Gates behind the scenes making it all work. An extra shoutout to Natasha this week as we spent a lot of time talking about edtech, a category that she spearheads for us and has brought to the show. It’s a big deal!

We’re on YouTube now, don’t forget, and with that, let’s get into the news:

Climax Foods raised $7.5 million to help fuel its work to develop alt-foods that are not animal-based. The Equity crew votes that this is a tasty deal. And, Capchase has raised $4.6 million to help cash-out SaaS contracts ahead of their real revenue accrual. Our read is that more financing options for SaaS companies will lead to lower costs of capital for those startups that want it. And, the Envision Accelerator made it through batch one and is on to batch two.
Then we chatted about edtech, with Natasha talking us through Owl Ventures raising huge new funds, Course Hero extending its Series B, Juni hitting $10M ARR and raising about as much, and Unacademy raising tons of cash from Vision Fund 2.
Next up, Patreon also got a new check, which means that it eventually has to go public at some point given that it is now a fancy unicorn.
And speaking of IPOs, Bumble is thinking about going public in 2021, Wish has filed, albeit privately, and GoodRX is going public as well. And it makes money.
What else? This a16z post on IPOs that we fangirl/fanboy’d over as it is good. And we forgot to mention this Fred Wilson post, but it is also good.

And with that, we are nearly at the weekend which is a long one thanks to a holiday, so expect Equity Monday to be, in fact, Equity Tuesday next week. Hugs and good vibes from the Equity Crew!

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4 Comments

4 Comments

  1. Techie Science

    September 4, 2020 at 12:15 pm

    Your Website and Youtube channe! Is great, I follow it daily ????????

    Greetings from ” Techie Science” Youtube Channe! ????????????????????????

  2. Alyssa Russell

    September 4, 2020 at 12:24 pm

    Very happy ???????? ????????♥️❤️

  3. I & N

    September 4, 2020 at 12:52 pm

    Good stuff

  4. Jack Ladd

    September 4, 2020 at 1:31 pm

    Unsubscribed. Boring.

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CNET

New Hummer X Concept SUV and Pickup REVEAL: Swap Parts With Friends

Take a look at the new Hummer X Pickup and SUV concept cars from GM, during a special tour of the company’s Advanced Design Facility in Pasadena, California. Add CNET as a trusted news source Never miss a deal again! See CNET’s browser extension 👉 Check out CNET’s Amazon Storefront: Subscribe to CNET on YouTube:…

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Take a look at the new Hummer X Pickup and SUV concept cars from GM, during a special tour of the company’s Advanced Design Facility in Pasadena, California.

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#WTF #Hummer #conceptcar

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CNET

Fitbit Air Review: The ‘Anti-Smartwatch’ You’ve Been Waiting For | All Things Mobile

The Fitbit Air might be the “anti-smartwatch” you’ve been waiting for. This $100 wearable features no screen, no notifications and no distractions, just pure health tracking. After two weeks of testing, I’m convinced Google’s screenless health tracker has staying power. 0:00 – Design and Minimalist Philosophy 0:36 – Smartwatch Withdrawals and Battery Life 1:52 –…

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The Fitbit Air might be the “anti-smartwatch” you’ve been waiting for. This $100 wearable features no screen, no notifications and no distractions, just pure health tracking. After two weeks of testing, I’m convinced Google’s screenless health tracker has staying power.

0:00 – Design and Minimalist Philosophy
0:36 – Smartwatch Withdrawals and Battery Life
1:52 – Google Health App and AI Health Coach
2:41 – Accuracy and Fitness Tracking Trade-offs
4:10 – Use Case: Smartwatch Companion or Solo Tracker

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Science & Technology

Does your CEO have AI psychosis? Aaron Levie thinks most of them do. | Equity Podcast

The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of “AI psychosis.” Indeed, ClickUp recently cut 22% of its workforcefor AI agents, tech layoffs in 2026 are already nearly…

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The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of “AI psychosis.” Indeed, ClickUp recently cut 22% of its workforcefor AI agents, tech layoffs in 2026 are already nearly matching all of 2025, and DuckDuckGo installs are climbing from users who want Google to stop forcing AI into search and just give them links.

On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what happens when the AI-pilled and the AI-skeptical are both right at the same time, plus three deals worth knowing about and Waymo’s new robotaxi hitting the road.

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

01:18 Waymo’s new Ojai robotaxi

06:41 Stord raises $250M to take on Amazon fulfillment

12:46 Snowflake signs $6B deal with AWS

15:39 OpenRouter raises $113M Series B

20:07 The AI divide & anti-AI backlash

27:31 AI psychosis & how AI is reshaping headcount and hiring

37:04 Outro

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