4.2 • 365 Ratings
🗓️ 29 July 2024
⏱️ 11 minutes
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0:15.4 | Hello and welcome back to Equity, Tech Crunch's flagship podcast about the business of startups. Today is July 29, 2024 and I'm Rebecca Belon, a senior reporter here at Tech Crunch. |
0:21.1 | This is our Monday show where we take a look at the weekend and get you ready for the week ahead. |
0:25.2 | But just a quick housekeeping note for our listeners, this will be our last Monday show for a while at least. |
0:30.2 | The Equity team is very focused on bringing you bigger interviews and Friday |
0:34.2 | News roundup so don't worry equity itself isn't going anywhere but if there's something |
0:38.2 | you do want us to do more of or less of or anything in between just give us a |
0:41.8 | shout at equity pod at tech crunch.com. |
0:44.0 | Now on today's show we have Stripes EasyPZ acquisition, |
0:48.0 | how youtubers can successfully exit their company, |
0:51.0 | Twitch reports it's still losing money and the autonomous delivery startup |
0:55.1 | that's making a comeback. |
0:56.3 | Let's get started. |
0:57.3 | Our first story of the day comes from our very own Marianne Asavito, who reported that FinTech Giant Stripe has acquired four-year-old |
1:06.4 | competitor Lemon Squeezy. Lemon Squeezy is a merchant of record, which if you don't know what that means, |
1:11.3 | because I didn't, it means that they calculate and pay global sales tax for digital products and handles the legal processing and fees in every country. |
1:19.3 | Leons Quizi's target market is mainly SAS and software businesses. |
1:23.0 | In a post on X, Strip's CEO Patrick Collison said that this acquisition would allow Stripe to scale |
1:29.0 | merchant of record selling in a big way. |
1:31.3 | For those who don't also know, Lemon Squeezy has been processing |
1:34.0 | payments on Stripes since its inception. The terms of the deal weren't |
1:37.3 | disclosed, but we do know that Lemon Squeezy has turned down other offers and |
1:41.3 | Series A term sheets from investors. |
... |
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