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

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Alex, Natasha and Mary Ann are back and as a three were in good spirits with more than a bit of news to parse. Grace, Theresa, and Kell made the magic happen, for which we're thankful. Here's what we got into:

• Just what OrangeDAO is, and why it matters. Our deals of the week this time 'round had a particular flavor. See if you can spot it!
• Next up was Spectral's $23 million raise (web3 credit scores), and Mural's latest, a $6.5 million round for DAO treasury management.
• Scooting along, we looked into Alex's reporting on shrinking late-stage rounds, a surprisingly strong seed market, and what's good with the unicorn crew.
• Then it was time to talk Stripe layoffs before pivoting over to the latest issues stemming from Adam Neumann's latest startup, and the Musk-Twitter dustup.
• To close, we noted the latest from Instacart and the fact that Zoom is not having the best of times lately.

That's our show! We are back Monday!

Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.

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.