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Show, don’t tell: Tips for robotics startups raising a Series B during a downturn | Jason Schoettler | 2,022 | 9 | 30 | B for any startup is challenging right now, with many VCs pulling back on investments — funding for Series B rounds across all sectors in August compared to a year earlier, for example. But raising a Series B for a hardware startup can be even tougher. It has simply always been more difficult to get venture investor... |
TechCrunch+ roundup: Insurtech investor survey, H-1B red flags, SaaS sales coaching | Walter Thompson | 2,022 | 9 | 30 | The demand for some services can be so high, it can insulate their providers against the vagaries of the market. During an economic downturn, consumers don’t cut back on pet food or toilet paper. Similarly, everyone needs insurance. Between 2016 and 2022, insurtech startups received around $43 billion in funding, and d... |
After a series of misfires in Q3, here’s what we expect for startups in Q4 | Alex Wilhelm | 2,022 | 9 | 30 | final day of Q3 2022, which means we’re heading rapidly toward the end of the year. And because today is the final day of a financial reporting period, it’s a ! Jokes aside, we had a long list of expectations , but, sadly, much of that did not come to pass. Perhaps after the last few years of go-go venture capital a... |
Chinese automaker Geely snaps up 7.6% stake in Aston Martin | Kirsten Korosec | 2,022 | 9 | 30 | Geely Holding Group acquired a 7.6% share of British luxury automaker Aston Martin Lagonda Global Holdings, helping cement the Chinese company’s stake in luxury and European brands. Geely will not get a board seat in the deal, but that hasn’t seemed to matter in its past dealings. Geely, which owns Lotus and is the lar... |
YouTube TV users can now subscribe to standalone networks without a base plan | Lauren Forristal | 2,022 | 9 | 30 | YouTube TV launched a that allows subscribers to purchase add-ons without subscribing to the full channel offering in the service’s Base plan. With this new à la carte plan, subscribers can access more than 20 add-on channels, from Showtime and HBO Max to NBA League Pass, MLB.TV and Starz, among others. This that t... |
VCs at Freestyle, Plexo Capital and Sequoia join Startup Battlefield judges | Lauren Simonds | 2,022 | 9 | 30 | |
YC Demo Day did not have a very long list of creator companies, but here’s who stood out | Amanda Silberling | 2,022 | 9 | 8 | Creator economy startups are tricky. to ask creators to rely on a possibly precarious, pre-seed company to power an important aspect of their business — if you fail, as most startups do, you might inadvertently end up hurting other independent entrepreneurs, which is (hopefully) the last thing a founder wants. But so... |
Tesla wants your vote for new Supercharger locations | Jaclyn Trop | 2,022 | 9 | 8 | Tesla said Thursday it is turning to the public to help determine where to locate its next Superchargers as the automaker continues to expand its network of EV fast-charging stations in North America, Europe and Asia. The company’s @TeslaCharging account wrote in a tweet on Thursday: “Supercharger Voting coming soon. R... |
Crypto’s biggest powerhouse flexes on its competition | Lucas Matney | 2,022 | 9 | 8 | Welcome to , where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode this week, we discussed the latest drama surrounding crypto mega exchange Binance, which is shaking up the stablecoin ecosystem as it looks to muscl... |
Rocket Lab, Sierra Space sign agreements under US military’s rocket cargo project | Aria Alamalhodaei | 2,022 | 9 | 8 | Rocket Lab and Sierra Space have signed separate agreements with the U.S. Department of Defense (DOD) to explore how their respective flight systems — Rocket Lab’s Electron and Neutron rockets, Sierra Space’s Dream Chaser spaceplane — could be used for superfast cargo delivery on Earth. The agreements are what’s known ... |
Our 10 favorite startups from YC’s S22 Demo Day: Part 2 | Alex Wilhelm | 2,022 | 9 | 8 | Yes, today was the second day of pitches from , a U.S. startup accelerator with global outreach that conducts demo days twice a year. This year’s Summer 2022 cohort gave us hundreds of batch companies to consider. For participating founders, it’s a critical day; for investors, it’s a buffet; for us in the media, it’s... |
null | Natasha Mascarenhas | 2,022 | 9 | 30 | null |
Renowned founder Brian Lee and Derek Jeter have a new sports card biz with a digital bent | Connie Loizos | 2,022 | 9 | 8 | L.A.-based entrepreneur Brian Lee, who previously co-founded and ran The Honest Company, ShoeDazzle.com and LegalZoom, has launched a new sports card collecting platform that’s likely to make a splash, not least because his co-founder in the endeavor is Baseball Hall of Famer Derek Jeter. Backed by $9 million in fundin... |
Instagram will begin testing a new repost feature with select users soon | Aisha Malik | 2,022 | 9 | 8 | Instagram is gearing up to give users the ability to repost other users’ posts and reels, the social network confirmed to TechCrunch. Although the Meta-owned company hasn’t released the repost feature publicly yet, it plans to begin testing it with select users soon. “We’re exploring the ability to reshare posts in Fee... |
Flighty’s app will bring flight tracking and more to your iOS 16 Lock Screen | Sarah Perez | 2,022 | 9 | 8 | Airlines are a mess in the post-COVID world, with flight cancellations, rescheduling, and last-minute gate changes becoming more common. A number of apps are available to help travelers keep up with flight tracking and alerts — but when you’re in a rush, even opening an app can take up precious time you may not have to... |
Google upgrades its Apple AirDrop competitor ‘Nearby Share’ and five other Android updates | Lauren Forristal | 2,022 | 9 | 8 | Google introduced Thursday a for Android devices, including an upgrade to a self-share option that works like rival Apple’s AirDrop and lets users transfer files across its ecosystem of phones, tablets, and Chromebooks. The wide range of upgrades — from the self-share feature and redesigned widgets to sound alerts, a... |
Mullen acquires controlling interest in EV startup Bollinger Motors | Jaclyn Trop | 2,022 | 9 | 8 | Mullen Automotive has acquired a controlling interest in Bollinger Motors, a move intended to strengthen the two EV companies’ positions within the fast-growing electric sport utility and commercial vehicle markets. The $148.2 million acquisition announced Thursday gives Mullen a 60% controlling interest in Bollinger, ... |
VCs at BBGV, Kapor, Stellation and Tusk round out Startup Battlefield judges | Lauren Simonds | 2,022 | 9 | 8 | You’ll find an impressive amount of talent during the legendary throw-down, and we’re not just talking about the competitors. We have a mighty slate of seasoned VCs stepping up to the plate to judge the pitches. We’re ready to announce the final group of investors who will determine which standout startup will earn t... |
Why this Californian founder moved to Minneapolis to build a B2B fintech | Anita Ramaswamy | 2,022 | 9 | 8 | Minneapolis-based Branch was founded in 2015, and it’s now one of the fastest-growing companies in the Midwest. Its founder, Atif Siddiqi, is a Southern California transplant who first relocated to the Twin Cities to participate in the Target Techstars accelerator program. He hasn’t looked back since. Siddiqi has spent... |
iPhone theming app ScreenKit gets ready for the iOS 16 Lock Screen with over 100 new widgets | Sarah Perez | 2,022 | 9 | 8 | ScreenKit, an iPhone personalization app that’s topped 12 million downloads to date, is ready to embrace the new Lock Screen customization options shipping with the . Already a comprehensive solution for theming your iPhone or iPad with wallpapers, custom widgets and icons, the soon-to-be updated app will now expand... |
The biggest moonshots in YC’s S22 batch | Natasha Mascarenhas | 2,022 | 9 | 8 | lead to bigger swings? Y Combinator’s latest participants are the second batch to land a $500,00 check as part of the accelerator’s recently refreshed standard deal. And while the accelerator says it only looks at founders when investing in startups, not sector, category or idea, more money in the pipeline may be empo... |
Let’s get in the weeds about fintech AUM | Alex Wilhelm | 2,022 | 9 | 8 | last week called off a for $1.4 billion. Instead, UBS invested $69.7 million in the company at a valuation that Wealthfront described as $1.4 billion. In discussing the end of the transaction and its latest fundraise, Wealthfront shared some useful information about its financial health, including that it will soo... |
Daily Crunch: Tim Cook weighs in on standardized messaging features: ‘Buy your mom an iPhone’ | Christine Hall | 2,022 | 9 | 8 | Helloooo! Since our last Daily Crunch, our adrenaline-fueled TechCrunch team has added more than 70 stories to the site. We’re picking out some of the best below, but we’ll almost certainly miss a story you wish you’d read. to see what strikes your fancy! — and It’s day 2 of Y Combinator-vaganza, which means we ha... |
Lolli’s Alex Adelman talks about cashing in bitcoin rewards at TC Sessions: Crypto | Jacquelyn Melinek | 2,022 | 9 | 8 | If the cryptocurrency economy wants to continue to grow, it will require more widespread adoption. But how do you make it appealing to the masses — especially now that the traditionally volatile digital asset market is going through an especially rocky period? Just last May, Bitcoin, the OG crypto token, had a market c... |
YC’s latest batch cuts African startup presence by more than half | Tage Kene-Okafor | 2,022 | 9 | 8 | said that it had . According to the accelerator, the decision to downsize the S22 batch — significantly smaller than its most recent batches — was a result of the economic downturn and changes to the venture funding environment this year. It was the latest in a series of down round, layoff and hiring freeze events wit... |
Watch the TechCrunch Live Minneapolis Pitch-Off right here | Matt Burns | 2,022 | 9 | 8 | Yesterday, Wednesday, September 7, TechCrunch Live hosted a special, extended event focusing on Minneapolis, Minnesota. The area is quickly becoming a major hotbed of startups in the Midwest, and the event featured some of the best founders and investors from the region. Following the panels and interviews, three Minne... |
Huawei offers satellite SOS in China where Apple’s is unavailable | Rita Liao | 2,022 | 9 | 8 | A day before Apple unveiled its highly anticipated satellite-powered SOS feature for iPhone 14, Huawei its own equivalent. The Chinese telecoms equipment and smartphone giant said its flagship Mate 50 series will support texting via satellite communication. The feature is made possible by Beidou, China’s . Sending m... |
Rocket Lab fires up its first recovered engine, on track to full booster reusability | Devin Coldewey | 2,022 | 9 | 1 | Four months after the spectacular feat that was , Rocket Lab has re-ignited one of the engines from that booster — an important step on their roadmap to fielding a fully reusable rocket. The Rutherford engine, one of nine that power the Electron launch vehicles, went up on the mission “There and Back Again” in May, cu... |
Daily Crunch: Ring wants to upgrade your apartment’s intercom system | Christine Hall | 2,022 | 9 | 1 | Today, Haje is particularly psyched that he was able to talk the TechCrunch Plus team into letting him publish one of his Pitch Deck Teardowns without the paywall. If you’re not a TC+ subscriber, and you’re curious what looks like, it’s your lucky day. In addition to the freebie, it may be a particularly good time to... |
Google, YouTube outline plans for the US midterm elections | Lauren Forristal | 2,022 | 9 | 1 | and its video sharing app outlined plans for handling the 2022 U.S. midterm elections this week, highlighting tools at its disposal to limit the effort to limit the spread of political misinformation. When users search for election content on either Google or YouTube, recommendation systems are in place to highlight... |
Google blocks Truth Social from the Play Store — Will Apple be next? | Sarah Perez | 2,022 | 9 | 1 | the Truth Social app’s launch on the Play Store over content moderation issues raises the question as to why Apple hasn’t taken similar action over the iOS version of the app that’s been live on the App Store since February. According to , Google found numerous posts that violated its Play Store content policies, blo... |
Why software stocks got hammered today | Alex Wilhelm | 2,022 | 9 | 1 | stopping point ahead of a long weekend here in the United States, but that doesn’t mean that the tech market has given up on making news. And the news is not good. In the wake of and , you are likely not surprised that there is some bad news out and about in the tech market. But today’s ill tidings are a bit worse ... |
Cantos launches its third fund, ploughing $50M into near-frontier startups | Haje Jan Kamps | 2,022 | 9 | 1 | Hard tech is hard, but when there are major breakthroughs, that can come with outsize returns and enormous opportunities. just closed its third fund to invest in science-forward companies at the pre-seed and seed stages to ‘improve billions of lives and saving the planet.’ “I have a bachelor’s in international relati... |
Live Nation bets millions on high-tech reusable cups to combat plastic waste | Harri Weber | 2,022 | 9 | 1 | Picture the aftermath of a festival: A sea of fans depart, leaving behind any number of empty water bottles, disposable cups, wristbands, lost IDs and maybe even some used-up . For all the environmental we hear from megastars, the carbon footprint of live entertainment has only the it deserves. Trash is just o... |
Facebook is shutting down its Nextdoor clone next month, following tests in the US and Canada | Sarah Perez | 2,022 | 9 | 1 | Meta today confirmed it’s shutting down , its Nextdoor clone to standardize the way neighbors connect and share local news and information on Facebook. While typically, neighbors on Facebook have been using the company’s Facebook Groups product to post updates with their local community, the Neighborhoods project ha... |
Some institutional LPs have started pulling back from VC, but most won’t | Rebecca Szkutak | 2,022 | 9 | 1 | likely be a sore spot for venture returns. While we haven’t seen drastic down rounds or sensationalized startup shutdowns yet, if the market continues on its downward trend, it feels all but inevitable. While some firms can shrug off a bad vintage or two — thank management fees — poor performance hits their investor... |
Apple may have given us a hint at its AR/VR headset’s name | Andrew Mendez | 2,022 | 9 | 1 | Apple’s highly anticipated mixed reality headset may now have a name, according to a report earlier this week. The outlet spotted trademarks in the U.S. and global markets related to the device that were filed by Apple-affiliated firms. Names like “Reality One,” “Reality Pro” and “Reality Processor” were filed by a s... |
Police at Amazon facility threaten to arrest union leader Christian Smalls | Amanda Silberling | 2,022 | 9 | 1 | A leader in the movement to unionize Amazon warehouse workers, Christian Smalls, was threatened with arrest yesterday while organizing at a fulfillment center bus stop near Albany, New York, where workers recently . The workers at this warehouse — ALB1, located in Schodack, New York — are attempting to organize with th... |
GM’s Cruise recalls, updates software in 80 robotaxis following crash | Kirsten Korosec | 2,022 | 9 | 1 | Cruise, the autonomous vehicle unit under GM, reported a software recall and update in 80 of its robotaxis following a crash in June. The crash, which resulted in minor injuries to two riders, received national attention because it occurred a day after Cruise from California regulators to commercialize its driverless... |
Instacart is acquiring AI-powered pricing and promotions platform Eversight | Aisha Malik | 2,022 | 9 | 1 | Instacart is acquiring , an AI-powered pricing and promotions platform for consumer packaged goods (CPG) brands and retailers, the company announced on Thursday. The financial terms of the deal were not disclosed. Founded in 2013, Eversight allows retailers and CPG brands to continuously test customized pricing and pr... |
Don’t sweat the singularity | Brian Heater | 2,022 | 9 | 1 | Day here in the States. In most households, it’s come to mean one final three-day weekend to mark the end of the summer. It’s a bittersweet feeling that stirs up all sorts of back-to-school excitement/dread buried deep down inside my lizard brain. It’s neither surprising nor particularly upsetting that the day has los... |
Pitch Deck Teardown: Front’s $65M Series D deck | Haje Jan Kamps | 2,022 | 9 | 1 | words, is a customer communication hub that keeps teams focused on what technology can’t replace: ensuring every conversation strengthens the customer relationship. The company recently raised $65 million at a $1.7 billion valuation, which is a hell of a funding round. Uniquely, the company has actually published al... |
null | Lauren Simonds | 2,022 | 9 | 8 | null |
Apple settles lawsuit with developer over App Store rejections and scams | Sarah Perez | 2,022 | 9 | 1 | An over App Store rejections, scams and fraud has ended in a settlement agreement after court filings show a request to dismiss the suit earlier this summer. The plaintiff, app developer and former Pinterest engineer Kosta Eleftheriou, made a name for himself in recent months calling out some of the most egregious Ap... |
Zenly is still hugely popular, so why’s Snap shutting it down? | Paul Sawers | 2,022 | 9 | 1 | Snapchat’s parent became the latest tech company to announce a huge round of layoffs, confirming ongoing rumors yesterday , affecting at least 1,200 people. The reasons for Snap’s massive scaling back exercise are perhaps obvious, as it’s — the company said the cuts could save it $500 million in costs annually. Th... |
Block launches Cash App Pay beyond the Square network | Ivan Mehta | 2,022 | 9 | 1 | Block’s (formerly known as Square) Cash App is now letting users make payments on e-commerce sites outside the Square network. Until now, users could only make payments using Cash App Pay on or online Square merchant partners. The company has partnered with American Eagle, Aerie, Tommy Hilfiger, Finish Line and JD Sp... |
Withing’s new scale takes body-composition measuring to a new level | Haje Jan Kamps | 2,022 | 9 | 1 | Following hot on the heels of the , the company today announced a new smart scale. Body Comp is a “complete body assessment scale” that makes biomarkers that are usually reserved for professional clinical settings, available for at-home users. It also announced Health+, an enhanced service providing detailed health an... |
Indian court orders Telegram to disclose details of channels violating copyright | Jagmeet Singh | 2,022 | 9 | 1 | An Indian court has ordered the messaging app Telegram to disclose the details of channels involved in a copyright infringement case in the country after Telegram argued, unsuccessfully, that doing so would violate its privacy policy with users. This is not the first time that the app has come under fire because of its... |
Just outside of Munich, a startup plans a new process to recycle Lithium-ion batteries | Mike Butcher | 2,022 | 9 | 6 | Companies like (raised $792 million), Li-Cycle (Canada, raised $667.7 million) and Green Li-ion (Singapore, raised $15 million) have made a name for themselves in recycling batteries. The activity of recycling existing lithium batteries remains one of the hardest nuts to crack as the world tries desperately to move t... |
Waysia raises €10M to deliver Asian grocery in Europe | Rita Liao | 2,022 | 9 | 6 | COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such startup that retooled in response to the pandemic. Previously known as Alorsfaim, Waysia started in Paris four years ago as a platform delivering... |
Localyze, a SaaS for staff relocation, gets $35M as it gears up for US launch | Natasha Lomas | 2,022 | 9 | 6 | Hamburg-based is gearing up to launch in North America in the coming months — powered by a fresh raise of $35 million in Series B funding that’s being announced today, a little over a year after it disclosed a . The Series B is led by U.S. VC fund, General Catalyst. Other investors in the round include Visionaries C... |
Don’t be silly, of course you can use EVs in cold weather | Haje Jan Kamps | 2,022 | 9 | 6 | A publication that shall not be named ( ) published an opinion piece that is the latest in a string of false narratives around EVs. This opinion (I mean ) couches EVs as a luxury item in cold-weather countries because the batteries don’t work as well as on the balmy shores of California. Please join me on this debunki... |
Google Maps is expanding its eco-friendly navigation feature to Europe | Ivan Mehta | 2,022 | 9 | 6 | Google announced today it is expanding its options for eco-friendly routing on Google Maps to 40 more countries across Europe. Eco-friendly routes, last year, offer to show more fuel-efficient routes instead of the fastest ones. Users can see the eco-friendly route marked with a leaf label. To adjust settings for eco... |
SnappRetail helps Pakistan’s kiryanas compete against supermarkets | Catherine Shu | 2,022 | 9 | 6 | A kiryana owner with one of SnappRetail’s point-of-sale devices. SnappRetail The number of global retailers, department stores and supermarkets operating in Pakistan is increasing, which spells convenience for consumers, but trouble for kiryanas, or small general stores. According to , general stores’ growth will sl... |
Josys secures $32M Series A for its SaaS management platform | Kate Park | 2,022 | 9 | 6 | null |
Nektar.ai exits stealth mode to plug CRM data leakages | Catherine Shu | 2,022 | 9 | 6 | A lot of important data gets lost along the sales pipeline because sales teams use multiple tools, including email, Zoom and WhatsApp, to talk with buyers. wants to solve the problem of data leakage with its sales productivity platform, which helps SaaS revenue teams manage information across different channels by in... |
A video game industry veteran on making the art behind popular NFTs | Anita Ramaswamy | 2,022 | 9 | 6 | Welcome back to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Tuesday episode this week, we talked to James Zhang, a 24-year veteran of the video game industry — first as an artist, then as a founder and inves... |
Juul agrees to pay $438.5M in a record settlement, while a newer vape maker gains steam | Connie Loizos | 2,022 | 9 | 6 | Juul has long argued that it’s trying to save lives; meanwhile, its own existence seems precarious at times. Right now is one of those times. As reported earlier today by numerous outlets, the once high-flying e-cigarette company just agreed to a $438.5 million settlement with 33 states that alleged the company markete... |
Daily Crunch: PSG, Battery Ventures invest $100M in open source password manager Bitwarden | Christine Hall | 2,022 | 9 | 6 | Hey, hey, hey! It’s going to be a busy week for the TC crew this week. We’re excited about the Apple event, and Y Combinator has its demo day. welcomes you to on the Equity podcast, and your trusty Daily Crunch team is poised at our laptops to share the cream of the news-crop with you! Stay tuned, it’s going to be ... |
null | Anita Ramaswamy | 2,022 | 9 | 1 | null |
Biden administration details plans for $50 billion in CHIPS Act funding | Brian Heater | 2,022 | 9 | 6 | On August 9, . The move marked a victory for a presidential administration in dire need of a win and the culmination of a hard-fought, months-long battle that ended with broad bipartisan support. Among the chief criticism leading up to the bill’s passage were questions surrounding precisely where the money would go. To... |
Charli and Dixie D’Amelio’s TikTok famous family expands its empire | Amanda Silberling | 2,022 | 9 | 6 | Why work with brands like Hollister and Dunkin’ Donuts when you can just sell your own clothes and coffee? For most influencers, that’s not a serious consideration — you need quite a bit of capital and a dedicated audience to churn out high-quality products that sell well. But the D’Amelio family aren’t just any social... |
Instagram disabled Pornhub’s account for unknown reasons | Amanda Silberling | 2,022 | 9 | 6 | disabled Pornhub’s account on the platform for undisclosed reasons. The NSFW website’s Instagram account had amassed 13.1 million followers and 6,200 posts. It’s not clear whether or not this ban is permanent. Instagram’s content guidelines prohibit , but Pornhub’s Instagram account pornographic posts. According to... |
Does economic and geopolitical instability affect your startup’s TAM? | Alex Wilhelm | 2,022 | 9 | 6 | investors love to talk about big markets and how they are going to go about tackling them. Total addressable market, or TAM, refers to the dollar value of what a startup wants to sell to a certain population. If you make a widget that plugs into a browser, your TAM might be the total number of users of that browser, c... |
Comcast and Paramount’s streaming service SkyShowtime launches in the Nordics this month | Lauren Forristal | 2,022 | 9 | 6 | Comcast’s Sky and Paramount announced the official launch date for , a new European streaming service. It will initially launch in Denmark, Finland, Norway and Sweden on September 20, 2022. The content lineup for the service includes a combination of titles from Paramount+, Showtime and Peacock, giving subscribers mor... |
LineupSupply’s app turns music festival posters into Spotify playlists | Sarah Perez | 2,022 | 9 | 6 | If you often find yourself making Spotify playlists to get hyped for an upcoming music festival or to relive a favorite past show, a new mobile app called can now help make that process easier. This clever utility allows you to upload a photo of a music festival’s poster to have it automatically transformed into a Sp... |
Parsing Samsung’s data breach notice | Zack Whittaker | 2,022 | 9 | 6 | holiday weekend in the United States, electronics giant Samsung announced by malicious hackers, who broke in and made off with gobs of personal information about an unspecified number of its customers. The data breach is likely significant. Samsung is one of the largest technology companies with hundreds of millions... |
Marc Lore chews the fat about reinventing at-home dining at Disrupt | Lauren Simonds | 2,022 | 9 | 6 | There’s no denying it — when it comes to e-commerce, Marc Lore delivers. The serial entrepreneur sold Quidsi, the parent company of Diapers.com, Soap.com and others, to Amazon in 2011 for $550 million. He launched Jet.com in 2015 and sold it to Walmart in 2016 for a tidy $3 billion. Now, Lore delivers a new at-home din... |
GTA 6 footage leaks, Revolut gets hacked, and Wipro fires 300 for ‘moonlighting’ | Greg Kumparak | 2,022 | 9 | 24 | Hi, friends! Welcome back to , the newsletter where we very quickly sum up the most read TechCrunch stories from the past week. Want it in your inbox every Saturday morning? You like podcasts? We’ve got podcasts! Good ones. Great ones. Award-winning ones, even! This week: Most stuff on TechCrunch is free. So what’s b... |
How Change co-founders brainstormed their way into entrepreneurship | Maggie Stamets | 2,022 | 9 | 24 | Welcome back to Found, the podcast where we get the stories behind the startups. After graduating college, co-founders Amar Shah and Sonia Nigam were bored with their first ”real jobs,” so through trial and error they came up with the idea to develop an API that processes donations, called Change. They talk with Darrel... |
Netflix’s edition of Night School’s ‘Oxenfree’ is now available to play on iOS and Android | Aisha Malik | 2,022 | 9 | 24 | Netflix is adding Oxenfree, the popular supernatural mystery thriller game created by Night School Studio, to its gaming roster. Oxenfree: Netflix Edition is now available for Netflix subscribers to download on iOS and Android devices, the company announced at its on Saturday. The launch of the game comes Night Sch... |
Paradigm shifts your DEI efforts from aspirational to data-driven | Ron Miller | 2,022 | 9 | 6 | Research suggests that most companies when it comes to diversity, equity and inclusion (DEI). Executives certainly understand that bringing in a variety of voices, experiences, backgrounds and cultures in myriad ways beyond the bottom line, making their companies stronger and their products appeal to a broader audi... |
Tiger Global, fickle checks and the difficulty of acceleration | Natasha Mascarenhas | 2,022 | 9 | 24 | When On Deck had to cut its staff twice within a matter of months, its co-founders Erik Torenberg and David Booth published Thus marked the company’s reversal to its original customer cohort — founders in need of networks and advice. Since that day, I’ve been digging into what happened at On Deck that led to a string... |
Startups are building businesses out of DevOps tools for existing sales platforms | Kyle Wiggers | 2,022 | 9 | 24 | for sales tools has given rise to a curious cottage industry: DevOps startups specifically targeting the software used in sales and marketing functions. (Here, “DevOps,” refers to tools that automate processes between software development and IT teams.) It’s become a blossoming sector all its own, with vendors selling... |
For Brazilian shareholders, Nubank’s IPO has a bitter aftertaste | Anna Heim | 2,022 | 9 | 24 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. Nubank is one of Latin America’s preeminent neobanks, so when its parent company, Nu Holdings, decided to go public with a dual listing in New York and São Paulo, the operation was one of the most anticipated... |
This Week in Apps: YouTube takes on TikTok, Spotify adds audiobooks, BeReal takes a dive | Sarah Perez | 2,022 | 9 | 24 | Welcome back to This Week in Apps, that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy ... |
Perceptron: Multilingual, laughing, Pitfall-playing and streetwise AI | Kyle Wiggers | 2,022 | 9 | 24 | Research in the field of machine learning and AI, now a key technology in practically every industry and company, is far too voluminous for anyone to read it all. This column, , aims to collect some of the most relevant recent discoveries and papers — particularly in, but not limited to, artificial intelligence — and ... |
The ‘ideal runway’ is a myth, isn’t it? | Natasha Mascarenhas | 2,022 | 9 | 23 | to advice, tech loves standardization. Startups are often told that there are certain metrics to hit, deadlines to meet, timetables to measure themselves against. Examples abound: Here’s the ideal amount of money to raise at your Series A round; here’s how many employees you should have before hiring this executive; h... |
Steve Case is trying to make money with founders outside Silicon Valley; his plan is starting to work | Connie Loizos | 2,022 | 9 | 24 | Steve Case, the co-founder of America Online, the investment firm Revolution and its offshoot seed-stage arm , has a new book out called “Rise of the Rest: How Entrepreneurs in Surprising Places Are Building the New American Dream.” In it, Case argues that COVID was a “shake the globe” moment for entrepreneurship, and... |
Triller settles lawsuit with Timbaland and Swizz Beatz | Amanda Silberling | 2,022 | 9 | 23 | Last month, Grammy-winning artists Timbaland and Swizz Beatz for $28 million. Triller acquired their livestream event series Verzuz last year, but the two musicians alleged that the social app had missed several large payments, prompting them to file a lawsuit. Now, Triller has settled with Timbaland and Swizz Beatz,... |
Daily Crunch: London-based spatial computing startup Hadean closes $30 million Series A | Christine Hall | 2,022 | 9 | 23 | It’s Friday, and that means… Actually, we don’t even really know what that means anymore, other than that we’re going to sit in the sunshine and bask in the very last few days of warm weather before it becomes time to be envious of the antipodeans for the next six months. — and The crypto market is flooded with cen... |
Instagram Stories under 60 seconds are no longer broken up into clips | Aisha Malik | 2,022 | 9 | 23 | Instagram is rolling out the ability for users to upload longer uninterrupted Stories, the social network confirmed to TechCrunch on Friday. Now, when you post a Story that’s under 60 seconds in length, it won’t be broken up into segments. The company began with select users late last year and has now rolled it out t... |
Mighty Capital’s thesis is that the best product wins — even more so in a downturn | Anna Heim | 2,022 | 9 | 23 | laying off staff and cutting costs to face the downturn, it may seem like odd timing to tell startups to take their product as seriously as ever. In a recession, do users really care about product experience? Yes, says , whose portfolio includes companies such as Airbnb and Amplitude. The San Francisco-based VC firm ... |
null | Sarah Perez | 2,022 | 9 | 6 | null |
Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal | Manish Singh | 2,022 | 9 | 23 | Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the , a source familiar with the matter told TechCrunch, addressing one of the criticisms levelled against the Indian edtech giant in recent months. The Bengaluru-headquartered startup, , had pushed back on so... |
How a pivot helped HopSkipDrive emerge successful in a sector where many failed | Rebecca Szkutak | 2,022 | 9 | 23 | the idea for HopSkipDrive in 2014 because she needed a solution to a problem that many working parents like herself face: How do you consistently get your kids where they need to be on time? The idea was sparked at a birthday party she attended with one of her children. The topic of moving kids around came up and ever... |
Smaller Dreamforce still comes up big in first live meeting in three years | Ron Miller | 2,022 | 9 | 23 | company certainly know how to put on a show. In fact, Benioff has been putting on Dreamforce customer spectacles since 2003 — that is, until the pandemic came along and put the whole shebang online for a couple of years. With the Salesforce event back live and in person this week, just in time for its 20th anniversary... |
The case for US venture capital outperformance | John Zic | 2,022 | 9 | 23 | losses in global equity markets this year. After a decade-long bull run, many venture capital funds have found themselves holding overvalued shares of companies whose IPO prospects have been either eliminated or significantly delayed. The markets have now become skittish, as evidenced by widespread correlation across ... |
How Blaseball’s fantasy sports fever dream is embracing the future | Amanda Silberling | 2,022 | 9 | 23 | is resurrected from the Hall of Flame. A Hellmouth swallows the state of Utah. Crows descend on Tastykake Stadium, pecking slugger Jessica Telephone out of a peanut shell. This is , the absurdist baseball simulator that captured the most delightfully wacky corners of the internet when it launched in summer 2020. Deve... |
GM invests in Canadian battery recycler to fight supply shortage | Jaclyn Trop | 2,022 | 9 | 23 | General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and rising costs. The automaker invested through its GM Ventures arm in a Series A financing round for Lithion Recycling, a de... |
FTX, Uniswap and Visa talk blockchain economy and opportunity at Disrupt | Lauren Simonds | 2,022 | 9 | 23 | Whether you’re or , web3-native or web3-naive, you have to admit nothing remains the same for long in the growing blockchain, crypto, NFT and web3 universe. And the entirety of the rapidly evolving space is under — both public and regulatory. This constant change, combined with , are just two reasons why we’re th... |
TechCrunch+ roundup: LatAm startup strength, global chip shortage, Visa Bulletin update | Walter Thompson | 2,022 | 9 | 23 | “You had one job” might be funny when a birthday cake decoration goes wrong, but if we’re talking about executives who don’t show up for board meetings, the stakes are much higher. “Disengaged or dysfunctional boards aren’t just bad for CEOs and LPs; they’re bad for everyone,” , co-founder and CEO of Bolster, a realiz... |
Declining VC investment into LatAm startups could throttle digital growth | Alex Wilhelm | 2,022 | 9 | 23 | by Latin America, a region of the world rich in history, culture and, recently, a . The period of rapidly accreting venture capital activity, however, is slowing. Fast. The declines in capital availability, as far as TechCrunch can see, will not prove lethal. However, they may slow the pace at which Latin American ec... |
Volkswagen and Belgian utility giant partner on vehicle-to-grid energy storage | Jaclyn Trop | 2,022 | 9 | 23 | Volkswagen is partnering with a Belgian network operator to integrate electric vehicles into the power grid, as more EVs take to the road amid rising energy costs. Volkswagen’s charging unit Elli and re.alto, a startup owned by Brussels-based Elia, signed a memorandum of understanding on Friday to collaborate on ways t... |
TikTok is releasing its comment dislike button to all users worldwide | Aisha Malik | 2,022 | 9 | 23 | is rolling out its comment dislike button globally to all users, the company on Friday. The short-form video app in April as a way for users to identify comments they believe to be irrelevant or inappropriate. If you click the dislike button on a comment, the dislike won’t be public and commenters won’t be notifie... |
The $5.6B epicenter of Ford’s EV effort is now under construction | Jaclyn Trop | 2,022 | 9 | 23 | Ford broke ground Friday at its $5.6 billion BlueOval City complex in Tennessee, the epicenter for its future electric vehicles and a key milestone toward its goal to sell 2 million EVs annually by late 2026. BlueOval City is slated to begin building advanced batteries for future Ford and Lincoln EVs in 2025, including... |
A guide to Low Power Mode on the Apple Watch | Ivan Mehta | 2,022 | 9 | 23 | Battery life has long been the Apple Watch’s biggest drawback. The issue only became more pronounced when the company went all-in on sleep-tracking with watchOS 7 in 2020. Rather than increasing the mAh on the hardware, Apple presented a workaround: an alert that pops up if the user dips below a certain percentage befo... |
When VCs fund the thing you didn’t think they’d ever fund | Alex Wilhelm | 2,022 | 9 | 23 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. , and jumped on the mic, with running production, to talk through the biggest headlines from the week! |
Arjun Sethi’s crypto derivatives protocol Nibiru raises maiden funding at $100M valuation | Manish Singh | 2,022 | 9 | 23 | Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million in seed funding at a valuation of $100 million, two sources familiar with the matter told TechCrunch. Tribe Capital, Republic Capital and Kraken invested in the seed round, a source said, requesting anonymity a... |
Controversial investor Shervin Pishevar resurfaces as “vice chairman” of Yeezy | Connie Loizos | 2,022 | 9 | 15 | Shervin Pishevar, an investor who left Silicon Valley for Miami after being accused of sexual misconduct by in 2017, has resurfaced in a role that will seem familiar to anyone who has tracked his career. According to a new report, Pishevar is now “vice chairman” of Yeezy, the consumer brand controlled by Kanye West, ... |
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