_Listen here or wherever you get your podcasts._ Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

This is our Wednesday show, focused on startup and venture capital news that matters. We pull the top stories from the week thus far, and give them the Equity treatment to put them into

proper context. On the show today: _For episode transcripts and more, head to Equity’s Simplecast website._ _Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us

on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more!_