Monthly Archives: November 2022

Cleanup, aisle FTX

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Here’s what we got into on our Monday episode, a weekly kick-off of sorts: Stocks are mixed around the world, up in parts of Asia and Europe, but down sharply in the…

FTX and Avalanche co-led $5M round for Joepegs NFT marketplace

Although FTX collapsed last week, raises their ventures team contributed to are still being announced. Joepegs, an NFT marketplace on the Avalanche blockchain, raised $5 million in a seed round led by now-defunct FTX Ventures and the Avalanche Foundation, its co-founders who go by the pseudonyms Cryptofish and 0xMurloc, exclusively told TechCrunch. “The funding from…

Gradient backs Butter’s operating system for food distribution businesses

Many small to mid-sized food distributors still run on pen and paper. This makes it difficult to pinpoint things like how certain products are performing and customer churn. It also makes it hard for businesses to comply with the FDA’s new food traceability regulations. Butter’s solution is an all-in-one management system that helps distributors run…

Hulu Live TV adds 14 channels including Hallmark and The Weather Channel

Hulu is expanding its Live TV line-up with 14 new channels, such as Hallmark Channel, The Weather Channel, Comedy.TV, JusticeCentral.TV, TheGrio Television Network, and six channels from the music video network Vevo. The new channels bring the total to over 85 channels, which include entertainment, live sports, and national and local news. Today, November 14,…

Larry Summers thinks the FTX meltdown is more akin to the collapse of Enron and says there are 2 regulatory lessons to be learned

Former Treasury Secretary Larry Summers speaks at the Spring Meetings of the International Monetary Fund and the World Bank in Washington, DC, on April 16, 2015. NICHOLAS KAMM/AFP via Getty Images The fall of FTX is more akin to the Enron scandal, according to Larry Summers.  That’s because there were “whiffs of fraud” in the…