Daily Crunch: After a transitional year, Apple announces its 2021 App Store Award winners

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Hello and welcome to the Daily Crunch of December 2, 2021! there’s a lot going on. More Fintech in Latin America. Actuator Launching. App Store Rewards. Software selloff of the week. Enough is enough, so bow down. Maybe next week there will be recession news? Here’s to hope! , alex

Nerdshala Top 3

  • Better.com shows how not to fire people: Here’s a little tip: If you announce that you’ve raised or otherwise managed to get millions of dollars, tell a group of your team members immediately afterwards. Do not activate Not only is this bad PR — and it certainly is — it’s also just a terrible thing. Anyway, Better.com got half its SPAC money early and then laid off 9% of its employees.
  • Grab goes public, sheds value quickly: Grab SPAC was considered a pivotal moment for the company. And then, despite raising massive amounts of capital and avoiding the poison of shareholder redemption, Grab’s shares ate it up. Difficult Today. Despite the stock rising in the United States, Nasdaq-listed Grab shed about 20% of its value, at least as I write this to you. Ouch.
  • Guess who won the App Store award: Not really, guess what. I Wouldn’t have guessed that a mobile League of Legends game would win an iPhone gaming award. It seems a bit chronological that Apple picks favorites each year, a bit like the Grammys, if the Grammys even had a music market. Maybe we should do some sort of Nerdshala archive and see if Apple News picks it up.

Startups/VCs

  • Timnit Gebru gets the last laugh: Following his high-profile exit from Google, former Alphabet AI ethicist Gebru has “set himself up shop with a new research institute, DAIR, focusing on topics he feels are Did that they were being sidelined at Google,” Nerdshala reports. They say the best revenge is living well. That or setting up your own company to do the damn thing.
  • IRL Bought AaBeZe Labs: This story makes me happy. Because there was a time when the name of the app didn’t make any sense. And then startups started having names like vertical SaaS4 ur industry, and it all got a little corporate. IRL is a social app, while AaBeZe does “digital nurturing”. Hell yeah, technology is weird. I am now going to take 17 virtual supplements to avoid the virus.
  • Say it with me: ~Community~ Community became a buzzword in the startup space after it was super expensive to buy audiences from social networks. So, build your own community, and it makes it cheaper to get customers! Viola! There’s more to it than that, but it’s a bit of a reference to what the playing field is all about. Per Nerdshala reporting, “Playground is a social platform that helps people discover and grow a community while empowering creators to monetize their audiences.” (Don’t forget that if you say “monetization community” three times in the mirror, you only get coal in your stocking.)
  • Two stories from Mexico: Mendel has raised $35 million to work on the corporate spending issue that has proved so lucrative in the United States. And Kuesky added a billion dollars to his accounts to help develop his Mexico-focused BNPL solution.
  • Glory raises venture capital funds: Nothing says “Christianity” quite like raising venture capital to fund apps that sell religious content to people. And while we’re only grumbling to ourselves on Matthew 19:24, we should note that a16z just backed Glorify for $40 million. We think a tithe of $4 million.
  • How much does it cost to deliver groceries? Clever question. The answer is infinite capital. evidence? JOKR has just risen again, and Swiggy is about to drop $700 million on its “instant” grocery delivery effort.

4 Analysts Break Down Brett Taylor’s Beautiful Week

image credit: sales force

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Brett Taylor is on a roll: On Monday, he became chairman of Twitter’s board, and a day later, Salesforce named him its co-CEO and co-chair.

Enterprise reporter Ron Miller looks back on Taylor’s career to better understand how the one-time Google product manager co-led one of the world’s most valuable companies. To get a full perspective, they interviewed four analysts:

  • Liz Herbert, VP and Principal Analyst, Forrester Research
  • Holger Muller, Analyst, Constellation Research
  • Brent Leary, Founder and Principal Analyst, CRM Essentials
  • Jason Wong, Analyst, Gartner
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(Nerdshala+ is our membership program that helps founders and startup teams grow. You can sign up here,

Big Tech Inc.

  • Our AWS coverage continues today, so if you’re building a startup and want to know what the biggest cloud platform company is offering, go here.
  • For a taste, check out this story about a new “Figma-connected no-code/low-code service to help developers build cloud-connected apps.”
  • To close, despite today’s surge, tech stocks have lost highs recently. Nerdshala asks when should we start worrying.

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