What has four wheels and loses money?

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Manage episode 292892766 series 1403606
By TechCrunch, Chris Gates, Alex Wilhelm, Danny Crichton, Natasha Mascarenhas, and Grace Mendenhall. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

This is our Wednesday show, where we niche down to a single topic and go deep. This time Natasha and Alex corralled TechCrunch transportation editor Kirsten Korosec to talk to us about the endless parade of EV SPACs, and more. Before we get into the show notes, you can follow Equity on Twitter here.

https://twitter.com/kirstenkorosec/status/1394726967203667969

And, because we are proud, we won a Webby! Our show! How cool is that? Thank you for love listening, hate listening, all of it. We are so thankful.

Ok, here's what we talked about:

  • Why is every electric vehicle company going public via a SPAC, and why is there so much potential fraud in the space? Kirsten has some notes on the matter, but it boils down to money in both cases.
  • The Bird-SPAC deal in all its glory. You can read Alex and Kirsten's dive into the Bird investor deck here. We had questions like why was the shared scooter model ever considered viable, and, how did the company improve its economics during a pandemic? The SPAC world never, ever disappoints.
  • Of course, we couldn't resist talking about the scooter barrage of news from years ago and how things have changed since.
  • We end with her latest scoop, a series of exits at Waymo, and what that means for the future of the autonomous vehicle company. Plus, we didn't get to make a joke about it in the show but let's just say: Waymo has a waymore to go before it has driverless tech all over the streets.
  • And one more thing: Kirsten gives a look at some of the speakers at our upcoming mobility event. Snag tickets here, and subscribe to her newsletter, The Station, for all things mobility every week.

And that's that! We are back with our regular weekly news rundown Friday morning. Chat you all then!

381 episodes