Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is Saturday, which means it’s not a usual day for us to drop an episode. But what are we if not try-hards at heart? So, we’re back today.
What do we have on store for you? I brought Anshu Sharma onto the podcast — and a Twitter space, so make sure you are following the podcast, yeah? — to chat interest rates, technology growth, startup valuations, and how they all tie together. Sharma was the right person to have on the show because he’s been a big tech employee (Oracle, Salesforce), an investor (Storm Ventures, and as an angel), and he’s a founder to boot. So he’s been around not just the block, but several in the world of technology over time.
TC has covered SkyFlow, his startup, a few times including its most recent fundraise.
Sharma finds some of the in-market worry about rising rates harming tech stocks silly. His thesis boils down to the value of growth on a longer time-horizon than what a DCF-tuned spreadsheet might tell you. That said, rising rates will impact some startup inputs, like venture funds in the medium-term, so there was a lot to chew on.
We try to keep Equity pretty high-level, and focused on discrete events. But why have a show if you can’t use it to scratch your own itches from time to time?
The pod is back on Tuesday due to an American holiday this Monday. Chat soon!
Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
