Fortnite’s funding royale, China struggles, and Coinbase gets a boost to $8 billion

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week, we missed Alex Wilhelm, who was sunning himself somewhere (vitamin D deficit), but we had a rollicking time nonetheless with TC's very excellent VC reporter Kate Clark, along with our always dependable co-host Danny Crichton and, in a bit of perfect timing, investor Brad Twohig of Lightspeed Venture Partners, whose firm participated in one of the week's biggest financings, a $1.25 billion round for Epic Games, maker of the gaming smash hit "Fortnite."

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