The brand new alchemy is popping gold to crypto – TechCrunch

Witches, bats, squeaky caldrons and the blockchain

Whats up, and welcome to Fairness, TechCrunch’s enterprise capital-focused podcast the place we unpack the numbers behind the headlines. And have time.

This week Mary Ann and Natasha and Alex (together with our wonderful manufacturing staff Grace, Chris, and Kell) took on a number of matters from the private and non-private markets alike. In our wheelhouse this week:

• An IPO rush: Certain, IPOs are nonetheless not maintaining with unicorn births, however the present tempo of public choices has us nattering. Paytm is coming. Sweetgreen as properly. NerdWallet and Backblaze in addition. It’s a crowd!
• Alchemy raised $250 million for its blockchain-infra work, reminding us that A16z has all of its eggs in the identical ol’ crypto basket.
• Coronary heart to Coronary heart raised $0.75 million for audio-focused courting. And regardless that we’re not the focused buyer base, we had been excited in regards to the founder and his large guess on intention.
• Constructed by a scholar, Tasseled desires to assist faculty college students get their lives, and credit, collectively. 
• Extra on the nice Sequoia enterprise mannequin shakeup, constructing from our feedback earlier within the week. We dig into exit timings, and different potential impacts of the change.
• And we obtained to riff on the Midwest startup-boom, which is a area close to and pricey to Alex’s coronary heart. And it seems that Denver will not be a Midwest metropolis.

Whereas we’re unhappy about Danny’s exit, it’s additionally edifying to have our new crew in place for 2022. Anticipate nothing lower than extra Fairness than ever.