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Mutual Funds Strike Back: Epic Revenge Story Unveiled!

Mutual Funds Strike Back: Epic Revenge Story Unveiled!



Welcome back to Equity, the podcast that brings you the latest in tech news and analyses the numbers and nuances behind the headlines. In this episode, we are discussing the latest developments in the tech industry from the weekend and early this week. We are excited to cover some intriguing earnings rounds and get a deeper insight into how the industry is evolving.

The Show Rundown

Here is the show’s rundown for today:

Market Overview

  • We observe mixed stocks worldwide and stagnant crypto activity. We are particularly looking forward to earnings rounds of companies like Gitlab, Couchbase, Yext, Smartsheet, and Hashicorp. We will also keep a keen eye on the Atomic Wallet hack.

Proposed Reddit API Changes

  • Reddit’s proposed API changes have significantly impacted its user base, leading to calls for a blackout of certain forums. While Reddit wants to make money and is a business, we explore the implications of their proposed updates.

Twitter’s Revenues Down Significantly

  • Twitter’s revenue is down compared to year-ago totals, especially with respect to American advertising incomes. Although Twitter does more than ads in NA, this could be a significant hit to its total revenue.

Canva’s Valuation Cut

  • Canva’s valuation is slashed by a mutual fund, which is not entirely surprising given we have seen similar headlines for other unicorns lately. Nevertheless, we dive deeper to understand how this news paints a broader picture for the tech industry.

WWDC: What to Expect

  • The Worldwide Developers Conference (WWDC) kicks off today, so we wrap up with an exciting preview of what to expect at the event.


Thank you for joining us for another exciting episode of Equity. For more episode transcripts and updates, visit Equity’s Simplecast website. Don’t forget to subscribe to our podcast on various platforms, including Apple Podcasts, Overcast, and Spotify. You can also check out ‘s other shows, including the crypto-focused show, our founder interviews, and more.


What is Equity?

Equity is a podcast that focuses on the business aspects of startups. It brings you the latest industry news, analyses the numbers and nuances behind the headlines, and focuses on emerging trends.

When does Equity release its episodes?

Equity releases its podcast episodes at 7 a.m. PT every Monday, Wednesday, and Friday.

Where can I listen to Equity?

You can listen to Equity on various platforms, including Apple Podcasts, Overcast, Spotify, and all the casts.

What does WWDC stand for?

WWDC stands for Worldwide Developers Conference – an annual event hosted by Apple to announce their latest software updates, product releases, and new features.


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