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Home > Equity > Uber gets into scooters, every VC is raising, and why private equity loves SaaS
Podcast: Equity
Episode:

Uber gets into scooters, every VC is raising, and why private equity loves SaaS

Category: Business
Duration: 00:34:34
Publish Date: 2018-07-13 08:00:00
Description:

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This week we had the full crew in the studio along with a friend. The excellent Connie Loizos hosted, and Matthew Lynley and I were both on as well, along with our guest this week: Graham Brown, a partner at Lerer Hippeau, an early-stage venture fund based in New York.

We took a slightly different tack this episode. Yes, scooters came up, but we have some later-stage notes that should be a welcome reprieve for regular listeners. Also, no crypto!

Up first was the Uber-Lime deal. Lime, one of the two domestic scooter darlings, raised a brick of new capital recently, including monies from ridesharing giant Uber. Getting a tie-in with Uber does two things. First, it dramatically raises the profile of Lime domestically as it can perhaps tap into the Uber customer base. And, second, it puts pressure on Lyft (an Uber competitor) and Bird (a Lime competitor) to do a deal themselves.

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