Equity podcast: Circle raises $A hundred and ten, VCs hunt liquidity, and the Imaginative and prescient Fund’s conceivable twin

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Hello and welcome attend to Equity, TechCrunch’s endeavor capital-centered podcast the set we unpack the numbers slack the headlines.

This day Matthew Lynley, Connie Loizos and I were joined by Semil Shah, the founder of seed-stage fund Haystack and endeavor companion at Lightspeed.

This week, we caught to our roots: mammoth rounds, endeavor capital liquidity thirst, one IPO, two Imaginative and prescient Funds, and three scooter jokes. Per chance more than three, nonetheless who’s counting.

First up we took on Circle’s original $A hundred and ten million spherical, working to know why the agency is elevating original capital at the form of broad valuation (~$Three billion!). Also in play: Circle’s original lead investor isn’t a endeavor capital store, making the monetary infusion the full more attention-grabbing. (Oh, and right here’s more on the Foundation stable coin we brought up.)

Next, we chatted thru NEA’s concept to lift a recent $1 billion to expend tons of its stakes in startups that to find but to seek out an exit, allowing it, presumably, to procedure a chunk of capital to its own traders. The pass is doubtlessly fraught with struggle, we deem, nonetheless in all likelihood it’s also the procedure of the long tear.

After that, it change into once time for an IPO smash. Lynley had moral bought off the horn with the CEO we went thru Pluralsight’s IPO that priced on Wednesday and began procuring and selling on Thursday. Brief version: it went neatly.

Capping off this explicit episode change into once a rundown of the skill for a brand original Softbank Imaginative and prescient Fund. What’s better than elevating a 1/2-squillion bucks? Raising a stout squillion bucks.

So drink up, tech world. There’s clean a lot of money to head around.

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Pocket Casts, Downcast and the full casts.

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