As the economy falters, tracking the money behind the money • TechCrunch

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

This is our Wednesday show, where we niche down to a single topic and unpack the rest. Today we asked: How is the economic downturn and startup slowdown impacting VCs, and the folks who finance venture capital funds?

Unlike our usual mid-week episodes, Natasha was not at the helm. Instead, Alex stood in for her and brought along TechCrunch+ venture capital reporter Rebecca Szkutak in the co-hosting slot. Rebecca is an ace when it comes to the mechanics of venture capital, making her the perfect voice for the day.

To start, Alex and Rebecca riffed on the state of startups in today’s market — and if things are as bad as some make them out to be. From there, the Equity crew talked through the venture capital response to changing market conditions. And the conversation wrapped with notes on what LPs are doing, whether they should be or not.

While we largely focus on startups and founders on the pod, it’s also good to step back once in a while and talk about the money behind the money. That’s what we did today. Enjoy!