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Wag’s epic failure

Taken From: Sticking to the later-stage markets, Alex dug into the problems at Wag which is struggling and looking for a sale despite raising a castle of cash from the Vision Fund.

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Sticking to the later-stage markets, Alex dug into the problems at Wag which is struggling and looking for a sale despite raising a castle of cash from the Vision Fund.

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6 Comments

6 Comments

  1. Wolf of Dubai Stocks Investing Channel

    November 6, 2019 at 4:53 pm

    The most important is,

    To learn from own and others failure

  2. Chinese Sparrows

    November 6, 2019 at 4:58 pm

    How does this get valued at 650 million? WTF?

    • Abraham Samma

      November 6, 2019 at 5:52 pm

      Ikr. I’m curious to know how these valuations are calculated. But more importantly, what did Mr. Son see in this company?

  3. 101yayo

    November 6, 2019 at 5:06 pm

    STTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  4. Abraham Samma

    November 6, 2019 at 5:54 pm

    The valuations for some of these startups offend common sense.

  5. ingusmant

    November 7, 2019 at 9:45 pm

    Is softbank just a money laundering scheme? How they stay in business burning money like this?

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Science & Technology

Why Colossal Labs ‘Can’t Do Dinosaurs’…At Least Not Yet | Disrupt 2026

Colossal is trying to bring back the dodo and the woolly mammoth…but why not dinosaurs? At this year’s Disrupt, we found out why directly from Founder Ben Lamm, and even discovered why we’re to blame for them getting asked about making Pokemon. Seriously.

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Colossal is trying to bring back the dodo and the woolly mammoth…but why not dinosaurs? At this year’s Disrupt, we found out why directly from Founder Ben Lamm, and even discovered why we’re to blame for them getting asked about making Pokemon. Seriously.

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Science & Technology

What it’s Actually Like at TechCrunch Disrupt, with Baukunst’s Kate McAndrew

You’ve seen the stages, the celebs, the coverage…but what is Disrupt actually like to attend? Venture Fund Baukunst’s co-founder Kate McAndrew explored the show floor and discovered a wealth of companies to meet with, a tour of the globe’s innovators, and most of all, a reminder that the community made there goes far beyond what…

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You’ve seen the stages, the celebs, the coverage…but what is Disrupt actually like to attend?

Venture Fund Baukunst’s co-founder Kate McAndrew explored the show floor and discovered a wealth of companies to meet with, a tour of the globe’s innovators, and most of all, a reminder that the community made there goes far beyond what can be discovered via a screen.

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Science & Technology

Is your website vulnerable? Inside PHP’s “Black October” | Equity Podcast

The internet is having an off week, to say the least. Security researchers at OpenAI and Google-owned Wiz used AI to uncover critical flaws in PHP, the open source language behind roughly 70% of websites, including those built on WordPress, WooCommerce, and Magento. The holes date back more than a decade, and now that a…

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The internet is having an off week, to say the least.

Security researchers at OpenAI and Google-owned Wiz used AI to uncover critical flaws in PHP, the open source language behind roughly 70% of websites, including those built on WordPress, WooCommerce, and Magento. The holes date back more than a decade, and now that a fix is out, companies are scrambling to patch their systems as attackers try to exploit the them.

On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and Anthony Ha dig into why AI-powered bug hunting could make this the first of many internet-wide scares, what Elon Musk’s careful choreography says about where a Tesla-SpaceX merger is headed, and more of the week’s headlines.

Chapters:
0:00 – Intro: PHP security crisis, Tesla and SpaceX, and Otter.ai’s $320M raise
0:55 – TechCrunch Disrupt recap and the Elizabeth Holmes documentary
2:50 – Critical PHP vulnerabilities threaten millions of websites
8:01 – AI’s role in discovering and exploiting cybersecurity flaws
13:09 – The future of AI-powered cybersecurity
17:07 – Are Tesla and SpaceX finally merging?
19:10 – Elon Musk’s influence over both companies’ boards
22:50 – Why a Tesla-SpaceX merger could make financial sense
25:27 – Musk’s plan to give American children SpaceX shares
27:08 – Character.AI’s bankruptcy and Disney’s involvement
30:21 – OpenAI acquires biotech startup Orchestra Bio
33:00 – Otter.ai raises $320 million from General Catalyst
35:30 – Outro

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

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