Equity

Byju's valuation shakeup and what's ahead for WWDC

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Apple’s WWDC is just hours away, and we’re gearing up for big announcements on – you guessed it – AI. We're kicking off  today’s episode of Equity with a list of what we can (and can't) expect from the highly anticipated developer conference.  But that's not all we talked about this morning. Becca Szkutak also took a look at Byju’s alarming valuation drop. The Indian edtech giant, once valued at $22 billion, might now be worth nothing according to BlackRock. The news may not come as a surprise given the rocky year Byju’s has had, but as Manish Sing put it, its journey stands to be one of the most “spectacular startup slides in recent memory.” To close out, we had news of a new fund looking to give the Italian startup ecosystem a boost. We’re optimist about the Italian Founders Fund and what it could contribute to the market, so press play and join the conversation! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Monday, Wednesday and Friday. Subscribe to us on Apple Pod