[NEWS] New a16z funds, a $200M round, and the latest from WeWork and Slack – Loganspace

Whats up and welcome assist to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers within the assist of the headlines.

This week introduced the ever-excellentDanny Crichtonassist to the expose, along sidemyself. The two of us opted to produce a little a data bolt, so strap in for a bunch of matters. Pointless to whine, we had to quilt some IPO data at the discontinuance, but right here’s what else took place this week that caught our understand:

• New funds at a16z!We haven’t chatted about new funds too extraordinary this year, buta16z’s two new funds($750 million and $2 billion) are a extraordinary deal. The bio and crypto and early-stage agency now has a separate slack-stage automobile.
• More Imaginative and prescient Fund!SoftBank’s capital cannon is going todouble up its crewandpresumably reloadwith $100 billion extra. Maybe. The personnel ingredient is occurring, in accordance to the agency. The cash, extra take care of maybe.
• Cheddar exits!It’s repeatedly nice when a media firm works out, andCheddar’s up-exitat $200 millionis a rob. Certain, it’s no Slack however the scrappy video community ran exhausting and managed to corrupt the line rate 9-figures. No longer depressed.
• Divvy snags $200 million!This week Divvyraised as extraordinary in one fadeas Cheddar equipped for, a factual reminder of how rich the venture market is this present day. Divvy has been on a fundraising fling within the best 18 months, landing a Seed, Sequence A, Sequence B, Sequence C, and a debt spherical since December 2017.

After which we pivoted to the 2 matters we had no preference but to discuss about:The WeWork IPO data(extra right here), along sidethe most contemporary on Slack’s S-1 from Danny himself.

All that and we had some fun. Chat you all next week.

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