Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here — and be sure to check out our riff on whether SoftBank has another 20 DoorDashes waiting in the wings.

This morning was a more relaxed Monday than I can recall in months, thanks to a holiday in many parts of the world. But that didn't stop us from parsing the news:

The Weekend: This investigation into Clubhouse's data security is getting results, while over the weekend Dispo got huge in a hurry, and the Apple-Facebook dynamic got a better explaining. Increasingly the tech giant world feels like ad engines (Facebook, Alphabet) in opposition to software-and-hardware shops (Microsoft, Apple).
This morning: GM has new electric cars, TechCrunch reports. VW isn't worried about Apple. And every EV company in the world is going public via a SPAC. Who will win? You can place your own bets. And India is loosening some tech regulation. The American stock market is closed.
Funding Rounds: We chatted about the recent Libeo round, and the latest on Nymbus, both of which are more than cool.

And, finally, read this if you want feel let down by American VCs. (American media, to be clear, has similar issues.)

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.

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