Bitcoin is on the transfer, Spotify cuts employees, and more cash floods AI

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Hi there, and welcome again to Fairness, the podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Our Monday present covers the newest in tech information from the weekend and what’s making headlines early within the week. And we had lots to cowl this morning!

• Crypto costs are rising, which is sweet information for the decentralized economic system, as growing costs monitor with heightened buying and selling exercise and client curiosity.
• We now have one other busy week of SaaS corporations reporting quarterly outcomes, which is able to hopefully present a helpful temperature verify for tech valuations.
• CoreWeave’s new $7 billion valuation had our tongues wagging, as did delays at Google’s AI challenge.
• After which there was Spotify slicing employees in gentle of financial situations. The corporate can’t outgrow its core market eternally, and with largely static gross margins, the one lever it may well actually pull is its value base.

That’s it for at this time! Extra on Wednesday and Friday!