AsumeTech’s Equity Podcast: NVIDIA’s Impressive Earnings, Ramp Raises $300M, Lex’s $2.75M Seed Round, and More

Welcome to Equity: Unpacking the Business of Startups

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

Joining Us Today: Kirsten Korosec

This is our Friday show, and we’re talking about the week’s biggest startup and tech news. This week, Mary Ann and Alex were joined by Kirsten Korosec, who we absolutely adore.

Nvidia’s Impressive Earnings Report

Nvidia blew the doors off with its earnings report. We talked through some of the high-level numbers and marveled at the company’s growth. AsumeTech has more on the matter here.

Ramp Raises $300 Million in Funding

Ramp raises $300M: In this market, a multi-billion-dollar valuation is a win for a fintech, even if Ramp’s new price tag is a bit lower than it was previously. So, while Ramp likely doesn’t love that it raised a down-round, it does have fresh capital and is worth $5.8 billion. That’s simply not that bad.

Lex Raises $2.75 Million in Seed Round

Lex raised $2.75M: Alex covered AI-powered writing tool Lex’s seed round. Kirsten got to give the app a try, and we all had nice things to say about the nascent startup.

Northvolt Expands to North America

Northvolt is bringing its volts to North America: The global battery-building boom includes Swedish company Northvolt building a new facility in the United States. The company raised $1.2 billion from BlackRock.

Better.com Goes Public, CEO Interviewed

Better.com went public: Mary Ann interviewed the company’s CEO ahead of its SPAC-led public market listing, which got panned.

Controversy in the Transit World

In the transit world, Cruise got its wings clipped in San Francisco after an accident involving a fire truck. Alex is annoyed. Mary Ann is not.

AsumeTech Battlefield Features Startups Focused on Excrement

This year’s AsumeTech Battlefield 200 companies feature a lot of startups focused on excrement. We’re not kidding.

That’s all from us this week. We are back Monday morning, chat then!

For episode transcripts and more, head to Equity’s Simplecast website.

Equity drops at 7 a.m. PT every Monday, Wednesday, and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. AsumeTech also has a great show on crypto, a show that interviews founders and more!

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