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Equity

$200M woolly mammoths and a farewell to TikTok

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 17 January 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

The clock is set to run out on TikTok over the weekend, following the Supreme Court’s ruling to uphold the ban. So, what’s next for the video-sharing app’s 170 million U.S. users? On today’s episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Margaux MacColl and Anthony Ha dive into the week’s biggest stories, including where all the ‘TikTok refugees’ are heading. Many are flocking to Chinese apps like RedNote and Lemon8, with some even turning to Duolingo to brush up on their Mandarin as they search for new digital homes. Listen to the full episode to hear about: How Maki and Synthesia are rethinking the recruitment process – and yes, it involves AI. Colossal Biosciences’ colossal raise. Where will the woolly mammoths go? Did we learn nothing from Jurassic Park? Powerset’s decentralized venture fund, and the challenges ahead for mid-size venture firms. And finally, are we stepping into risky territory with AI companions, from falling in love with ChatGPT to making an AI chatbot say it loves you? Equity will be back next week, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.  Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time.

Transcript

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0:00.0

This episode is presented by Invest Puerto Rico.

0:03.4

If you believe your business can go anywhere, Puerto Rico is the place.

0:19.0

Hello and welcome back to Equity, TechRunch's flagship podcast about the business of startups.

0:25.2

Today is Friday, January 17th, 2025.

0:29.1

I'm Kirsten Koresek, Transportation Editor at TechCrunch.

0:32.5

I'm Margaret McCall.

0:33.7

I'm a senior writer here at TechCrunch.

0:35.5

And I'm Anthony Ha, the weekend editor at TechCrunch.

0:38.2

All right.

0:38.8

Gang's all here.

0:40.2

So Margo, I heard a rumor, a DC Inside the Beltway rumor, that there is a Cinderella ball afoot.

0:48.9

What is happening?

0:50.0

Yeah, it's the biggest fairy tale, I'm sure, for everyone.

0:53.0

It is a crypto ball being held by David Sacks tomorrow, which is crazy.

0:58.5

He's obviously the newly appointed AI and cryptos are.

1:02.2

I'm trying to get into it.

1:04.0

Maybe I'll just go and linger outside the door and see if a crypto billionaire brings me inside.

1:10.2

But I will say, I used to go to crypto parties

1:12.1

and like peak NFT and they're pretty lame.

1:15.4

So nice. So basically like, okay, I'm going to age myself for all the hippies slash tech

1:22.2

bros out there who've been to Grateful Dead shows, you know, you'd stand outside a dead show

1:27.3

and you'd put your hand in the air and you'd raise your finger and seek a miracle invite.

...

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