Instagram Exec Defends Update Amid Growing Backlash, Kardashian Criticism and Falling Shares

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, think about a question and unpack the rest. This week, Natasha and Anita asked:When is a company taking internal valuation cut a good thing?Normally, when we hear about valuations going down, that’