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Every startup is a bank — or wants to be

iTunes: Spotify: Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we did something just a little bit new. Kate was in studio at TechCrunch’s SF HQ. Alex was in his dork cave in Providence. And we had a guest in the studio as…

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week we did something just a little bit new. Kate was in studio at TechCrunch’s SF HQ. Alex was in his dork cave in Providence. And we had a guest in the studio as well. We’ve done similar setups before, but never with video all around. So, welcome to a slightly new chapter in Equity’s production history (all praise to Chris for making it work, video will be out today on TechCrunch’s YouTube page).

Our guest this week was the excellent Sarah Smith from Bain Capital Ventures. Before she turned to writing checks, Smith worked for both Quora and Facebook. Her fun fact? She’s an avid and competitive player of board games.

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8 Comments

8 Comments

  1. Cool Tech Wireless

    November 11, 2019 at 2:02 pm

    First to comment

  2. Gaurav Parmar

    November 11, 2019 at 3:11 pm

    True, a lot of startups are opening a fintech branch

  3. abu abdullah ashar

    November 11, 2019 at 3:41 pm

    guys do a podcast on consumer services, why isnt there a amazon of services? $10 trillion market just in USA and no major player !

    • Brandon Reed

      November 11, 2019 at 7:02 pm

      Amazon is doing services. Task Rabbit is an Amazon of services. Also freelancer sites could be characterized as an Amazon for services.

    • Sebastian Molina

      November 11, 2019 at 11:30 pm

      Thumbtack, Task Rabbit , Craigslist , Upwork , Fiverr, Amazon Services

  4. Mario Johnson

    November 11, 2019 at 6:11 pm

    Go Pack Go!!

  5. Solidify

    November 12, 2019 at 10:22 am

    Well no. Technically speaking, the big companies want to have banks but cant due to regulation

  6. Chris Valiente

    November 12, 2019 at 11:41 am

    It hit me at 5:34 after the guest stated payments and interesting. Then the title made more sense, well every start up wants to be a bank because banks own the world. #ChaChing

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On this episode of Equity, Mary Ann Azevedo, Rebecca Szkutak and Haje Jan Kamps dig into an Oslo startup using AI help wind farms mitigate its impact on birds, the new AI features announced by OpenAI and Google, and the trend of VC investors leaving their firms.

Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop at 7 a.m. PT every Monday, Wednesday and Friday. Subscribe wherever you get your podcasts.

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The portal linking New York City and Dublin has been closed. The art installation was intended to stream for six months with no interruptions to create an uninterrupted visual bridge — it only lasted six days. Most people had some nice wholesome fun with it. People played rock paper scissors across continents, made signs,danced, and were generally delighted by the joy of a collective experience… But of course, a couple people had to ruin it.

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