Mary Meeker’s new fund, two IPOs from China, and what’s subsequent

Hello and welcome again to Equity, TechCrunch’s enterprise capital-focused podcast, the place we unpack the numbers behind the headlines.

This week Kate Clark and Alex Wilhelm dug into the newest, specifically huge information on the fund entrance from of us , two China-based corporations going public on home exchanges, and what’s subsequent within the long-running sagas of getting Uber and Slack public.

First up Kate talked us by way of the newest at Kleiner Perkins and Mary Meeker’s new development fund, known as Bond Capital. Alex has some extra nice context on that right here, for events, Kate has extra right here.

Next, we turned to the F-1 filings of Luckin Coffee and DouYu, two China-based corporations becoming a member of the checklist of companies from the nation which have chosen to go public right here within the United States. With Luckin’s submitting, we’ve a captivating look into the prices of constructing a hyper-growth firm; as you may think about, Luckin operating fairly steep deficits, however including income extremely shortly on a year-over-year foundation. DouYo is fascinating for a unique purpose, specifically that it solely just lately started producing gross revenue. And in 2018, when it did start to create some margin to cowl its working prices, it didn’t make a lot.

DouYu works within the stay streaming and esports worlds, locations the place Twitch and Huya (one other China-based firm that went public within the States) have discovered success.

Finally, we had two home public choices to dig into. Slack, an exit we’ve lengthy anticipated, is meant to drop its S-1 in the present day. If that’s the case Alex and Kate will probably be again at their mics to deliver you the highlights from that submitting. And then there’s Uber .

To cap off a enjoyable present, we chatted by way of the upcoming Uber debut. We anticipate the corporate to set a worth vary tomorrow, but when early stories are appropriate, the agency might be sandbagging a bit in hopes of elevating its worth subsequent week. Lyft stories earnings on May 7, giving Uber a considerably tight window to leap by way of if it needs to regulate its personal narrative. (If Lyft’s earnings fall quick, for instance, and Uber hasn’t gone public by that time, it might be compelled to decrease its personal pricing.)

That’s all we received for now. We’ll in all probability be again later in the present day with an Equity shot. Stay cool!