Equity

'Super weird' is the best way to describe this startup's pivot

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Sinopse

This week on Equity, the podcast crew discusses several weird things and at least one cool thing.Kirsten Korosec, Devin Coldewey, and Rebecca Bellan first talked about the least weird thing of the week, how nice it is that Cohere co-founder Nick Frosst has a band that people really like.Then we get weird. First the good weird: a helmet that squeezes your head, but for a really good reason. It prevents hair loss from chemotherapy. Devin covered Luminate’s latest fundraise and news, and everyone was pleased that money was going to a startup that may really be helping people feel better about themselves during a difficult time. The company is hoping to improve at-home care as well.Next, Kirsten explained the weird phenomenon of Flink, the “quick commerce” startup that just recently was rumored to be on the block for about $106 million, instead raising $115 million. Quite a turnaround! But as the team discusses, it may be that investors see the possibility that the “tumultuous time” for this sector is ending and