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

This was Y Combinator week in a sense, with the well-known accelerator showing off hundreds of startups over a two-day period. We had some thoughts about that. But! There was a lot more for Mary Ann, Natasha and Alex to dig into, so we have a little something for everyone today.

Here’s the show notes, enjoy!

• First, support our sibling podcasts Found and Chain Reaction in the Webbys! They deserve it, and we’re voting for them too.
• For our Deals of the Week, we had: Monument and Tempest shared patients’ private data with advertisers, Acorns buys GoHenry, and Alex has notes on how the Q1 venture capital market is shaping up.
• Looking for all the Y Combinator notes your heart could desire? You can find our favorites from days one and two at those links, and read this Natasha piece on why the Bay is Back.
• We also took the time to discuss the term ‘demo day’ for an event where there are no, you know, demos.

• Latin America was back on the show thanks to Mary Ann, giving us a good reminder that we have not spent enough time lately looking at the region.
• We closed with Frank, a frank chat that frankly had us shaking our heads. Fraud is bad, and nearly doubly so when it comes to startups, where trust plays such a critical role.

Equity will return to your ears Monday morning, cheers until then!