We'll probably retire before Databricks IPOs

We'll probably retire before Databricks IPOs

By TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Kirsten Korosec, Devin Coldewey, Margaux MacColl

Here's what Mary AnnAlex and Kirsten got into:

More layoffs at Divvy Homes: More cuts at a company that was once richly valued and heavily venture-backed. Rising interest rates are having a ripple effect across startup-land.Databricks is big, and now richer: With $500 million in a new Series I, Databricks is now worth more money and has fresh capital to continue working on AI.Lime, just go public already: What is profitable and private and a tease? Lime. Well, that last bit is a stretch, but really you can only ring us up and tout profits and growth so many times before we expect an S-1.More data is good: Venture capital firms, however, seem to disagree.If you want groceries in 15 minutes, here's where to live: Brazil, for one. Or India. Differing labor costs around the world appear to be the axis around which quick deliveries are feasible, or a financial mess.

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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

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