Why San Francisco remains to be the gold mine for tech startups

Hey and welcome again to Fairness, TechCrunch’s enterprise capital-focused podcast the place every week we talk about different folks’s copious {dollars} and missing sense.

This week was particular! Kate and Alex at Disrupt the place they recorded reside in entrance of an viewers. Fairness has recorded at Disrupt earlier than. Fairness has taped earlier than an viewers earlier than. However this was the primary time that we taped it at Disrupt and in entrance of an viewers that really had chairs. Progress!

Charles Hudson of Precursor Ventures joined us as nicely, making for a wonderful present. Astute listeners amongst us will recall that Hudson is a former visitor on the present, having taken half again in mid-2017.

Onto the matters, we mentioned the upcoming Precursor Ventures alternative fund (extra right here). We needed to know why it was of modest dimension, particularly in an period of ever-larger enterprise capital funds.

Subsequent, we turned to a trio of startup tales, beginning with Rhino, an organization that’s working to shake up the rental deposit market. Hate paying deposits for an condo? Would you moderately pay a small, common price? Rhino hopes that you’d, and has raised $21 million to construct out the concept.

Additionally on our record of matters was a small upstart by the title of Knowable, our colleague Josh Constine profiled the enterprise right here. The corporate sells academic audio bits, they usually need you to know, they don’t seem to be a podcasting enterprise. We’re nonetheless a bit unclear of the distinction between academic audio and podcast however VCs appear assured sufficient within the firm’s prospects, funneling $3.75 million within the mission.

The final startup we riffed on known as oollee. The corporate offers folks with an infinite provide of filtered consuming water for a small month-to-month price. It’s raised $1 million in pre-seed funding from traders, together with Mission Gate Inc. and Columbus Holdings, and, after all, we have now ideas!

After that we touched on essentially the most invaluable Y Combinator firms, together with Stripe (extra right here and right here), Airbnb and DoorDash. The record of YC’s hits is getting lengthy. And, it supplied the right segue to Airbnb.

Airbnb intends to go public by way of a direct itemizing, in accordance with an entire bunch of latest experiences. Each VC on the town appears to have opinions about direct listings as the subsequent greatest path to the general public markets, possibly they’re proper. Lastly, WeWork is promoting off a bunch of stuff that it purchased just lately. Right here’s a record of what it purchased, however SpaceIQ, Teem, Conductor and extra are mentioned to be on the chopping block.

All that and we had enjoyable! Again to regular subsequent week.

Fairness drops each Friday at 6:00 am PT, so subscribe to us on iTunes, Overcast, Pocketcast, Downcast and all of the casts.

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