Equity Monday: New unicorns kick off the week as India get cross with Starlink
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
With a holiday-impacted week behind us, we hope that you are ready for the next few weeks of busy news. Because starting in the back-half of December, the world is going to slow down dramatically. Make sure that you are following the show on Twitter, and let’s get into it!
No tech IPOs this week, though we will see earnings from select SaaS companies. That means that our information flow will slow over the next few days.
India is irked at Starlink, telling the Elon Musk company to get its regulatory paperwork in order.
Raspberry Pi is going public, it’s expected. The micro-computer company could debut in Spring of 2022 on the London exchanges.
And black Friday online sales dipped, though we have a guess as to why.
Two acquisitions took place recently that caught our eye, including Booking Holdings buying Etraveli Group for $1.8 billion, and Clearlake buying Quest from Francisco Partners.
From the startup world, two deals: Slice is now a unicorn thanks to Tiger Global, while Thought Machine is also now a unicorn thanks to its own six-figure round. Two new unicorns to start the week? Why not.
And, finally, this essay on crypto.
The show is back Wednesday! We’ll see you then!