Shrinking unicorns and the embarrassment of meme coins
Reading Time: < 1 minutesHello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Today, we are talking about meme coins, unicorns and the latest from India!
- The global stock market started the week on pretty good footing. Also, the crypto world is suffering modest indigestion thanks to a new meme coin.
- On the regulatory front, it appears Coinbase is going to stick with the U.S. Elsewhere in Industry Land, Qualcomm is going shopping, Alibaba’s logistics IPO is targeting the Hong Kong market and the U.K. is digesting the fact that a local legend is going to list in the United States.
- From there, it was time to check in on some news, bad and good, from India.
We are going to see some interesting earnings results this week, so stay tuned! Equity will be back Wednesday morning!
Reference: https://techcrunch.com/2023/05/08/shrinking-unicorns-and-the-embarrassment-of-meme-coins/
Ref: techcrunch
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