Not-so-fake dry powder, AI and the futur...

What did Mary Ann and Natasha and Alex dive into? Here's the rundown:

• A quick update on TikTok: The CEO of the popular social media service went before Congress today. It was a pretty darn hostile meeting. Alex caught a chunk of it live, and also has a few thoughts on the matter.
• From there it was time for our 'deals of the week' section, which today included Duolingo's new music product, a new DAO fund, and the latest eToro investment.
• Then it was time to talk payroll. We started with the Rippling deal to raise $500 million during the SVB crisis, and then discussed the larger HR tech space, which is both bigger and valuable than we realized.
• We closed with AI. So, so much AI. Everyone and their least favored parental unit is building a large language model, and TechCrunch is busy covering in all their glory, or lack thereof.

Whew! What a week. The show is back Monday morning. We'll see you there.

For episode transcripts and more, head to Equity’s Simplecast website. 

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