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Guess who’s back? come back again? Well, after a long weekend, but Elon Musk is also tweeting again, and He has a lot of ideas about socks. my partner in crime, pilgrim, remains in an undesirable timezone for the newsletter, but will return later this week. I want to recall some of the things that are happening with TechCrunch. The first is that TechCrunch Live’s weekly series of events is new and improved, so learn more and sign up. Most of us here at TechCrunch spend our days on WordPress, and the Found team spoke with Matt Mullenweg, CEO of parent company Automattic, for the latest podcast. – Christine
Top Tech Crunch 3
- just a glimpse: Manly… masculine He wrote two of our most important news. The first is the scoop linking him to Glance, which is said to be launching a lock screen content platform for Android in the US in the next two months. He also entered into Twitter’s lawsuit against the Indian government that was prompted by content removal orders. This is just another problem in a long line of problems the company has faced in this country.
- No slowdown in climate technology: pee Climentum Capital reports on the philosophy behind its new $157 million fund that will go to European start-ups to help reduce carbon dioxide emissions.
- We have to figure out our “exit problem”: You’ll have to go back to the SNL archives to find this reference, but this is the first of two pilgrim Public announcements for our founding friends. He says you don’t really need that “exit plan” slide in your presentation—there are a lot of assumptions and predictions on the founder’s part, and it’s hard to know who wants to buy your company, so get rid of the he-she.
Startups and VC
There are a number of very good TechCrunch+ stories out there today. I recommend starting with AlexA clause on raising sweet capital in a turbulent market, basically saying that venture capital firms should use their money when they can make more of it. Then follow up with his story from yesterday that offers a further dive into the company’s 2021 ratings.
Speaking of using capital in easier ways, some venture capital firms continue to raise money, and Sequoia Capital has been very busy. Rita Reports suggest that Sequoia’s China unit has taken in $9 billion, at a time when, she wrote, “global investors are reassessing risks in China amid the coronavirus-hit economy and the ongoing regulatory crackdown on the country’s internet startups.” This completes a quick jab I made last week about Sequoia collecting two chests in the US.
while, pilgrimAnother public service announcement of the day is a reminder that we don’t all understand at the same level, so startup founders should work to attract more bees with simple sentences of honey rather than a large, complex fly.
Here’s what you might like today:
- Show me the money: Kyle Tesorio reports, which closed $17 million in Series B to continue developing tools to help companies automate the process of collecting payments.
- McHard’s opposite is McEasy: In this case, McEasy is digitizing the logistics, transportation and supply chain industries in Indonesia, and Catherine He writes about the company’s plans now that it has $6.5 million in new funding.
- drink: reported on Maolac, an Israeli food technology company putting $3.2 million in new capital to work on protein technology that takes bovine colostrum and makes a premium food for adults.
- If you like it, you have to put a ring on it: Natasha He takes us on a fun journey by looking at Ultrahuman’s new smart ring that aims to “decode metabolic health”.
- ‘Quantum leap’ in fact: Ingrid He writes about Oxford Quantum Circuits in the UK, which raised $47 million for quantum computing as a service that runs a 3D processor architecture called Coaxmon.
- driving time: Rebecca He interviews Candice Xie of Veo about the stationary e-scooter company’s journey towards profitability.
Without asking an obvious question, your planned presentation is useless
Fundraising is difficult because most people have no experience asking for money from strangers.
The “question” slide where the founders explain how they will spend the investors’ money is particularly challenging. to break through the mental barrier, pilgrim She recommends starting with metrics and milestones.
How much does MAU increase or CAC decrease? What are your target dates for expansion into new markets?
“The more specific your goals are, the easier it is to know if you’re headed toward them,” Hajj writes.
(TechCrunch+ is our membership program, which helps founders and startup teams move forward. You can register here.)
Big Tech Inc.
Some important news from yesterday was that Meta decided not to go ahead with its crypto payments wallet, Novi, Natasha Writes. The company isn’t getting rid of it completely, so stay tuned for how it can be repurposed.
Meanwhile, Google is doing some holding back on its own — with KakaoTalk updates on its Play Store. Kate Reports suggest that this has something to do with the messaging app refusing to remove its payment links. You may remember, but Google doesn’t like that.
In Europe, we have three regulatory stories. the first is NatashaAbout the European Parliament giving its approval to a set of regulations related to digital business. then pee He writes about UK pressure to make “foreign interference”, particularly Russian information, a crime under the proposed Internet Security Bill. finally, Ingrid Reports that the UK has signed its first data-sharing agreement since Brexit with South Korea.
Take a peek at some of the others:
- These are some of the great lenses you have: If you like smartphones with giant camera lenses, you will love it pilgrimA report about the new Xiaomi phone.
- Marriage takes place in the paradise of drones: Brian He writes about the owner of American Robotics acquiring Airobotics and why they are a good fit.
- Talk about your front desk failure: WeWork India has been revealed to have disclosed personal information and selfies of visitors, zach Writes.
- Run those engines: Rebecca I listened to the shareholder meeting of Tata Motors and found that the Indian automaker aims to sell 50,000 electric vehicles by March 31, 2023.
- Live Trade No More: TikTok is said to be pulling the plug on plans to expand its live e-commerce unit, the TikTok Shop, in the United States and some parts of Europe, ayishah Writes. It will be interesting to see if live trading becomes a thing in this part of the world.