Daily Crunch: Chinese regulators issue blanket ban on crypto trading, mining

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Hello and welcome to the Daily Crunch of 24th September, 2021. Is everyone there? It was more than a busy week, but the Nerdshala team is still covering the startup world for you. If you need to catch up on who won Battlefield this year, the Equity podcast crew has you covered. And with that, let’s get started! – alex

Nerdshala Top 3

  • China bans crypto (again): If you have paid attention to the big world of cryptocurrencies, you are familiar with the bad news from China. Over the past few years, the country has put an increasingly wet blanket on its place in the international crypto economy. That was enough to knock the value of major crypto out of China as still today – not a great note to end the week with if you were Coinbase or Robinhood.
  • Threefold down on SoftBank Latin America: The battle to build the next great tech company is a global scrap, and few regions are as hot as Latin America. One of the reasons LatAm has performed so well in recent quarters is the massive inflow of capital from SoftBank. And as we learned this week, Japanese telcos and startup mega-investors have billions more vying for Latin American startups.
  • This is a good time to bootstrap: Taking a look at some of the Disrupt panels on alternative fundraising, going public, and more, Nerdshala took a look at today’s bootstrapping economy. With more ways for startups to raise capital than ever before, the need to raise venture capital may decrease for some startup types – even if global venture capital totals are higher.

Startups/VCs

  • Will Consumers Say “No” to Noops? Well, plant-based pudding company Noops certainly hopes not. It raised $2 million after raising $2 million just a few months earlier. Alt milk has a huge market. Maybe oat milk pudding will become the next oat milk pudding? Lerer Hippeau provided the new capital.
  • Say hello to OpsObs: Avenue thinks that “Operation Observability” is going to be a hot ticket, and after launching its product last week, the startup announced that it has raised $4 million. Per Nerdshala reporting, Avenue aims to “give operations their own tools for teams to monitor” through a “command center.” As someone who’s never seen charts in a UI I didn’t want to read, I imagine this will quickly become a trillion-dollar business.
  • Ukio raises $9M for long-term rentals: One thing Airbnb noticed during the pandemic was that while short stays were taking on a whim, long-term rentals grew in popularity. Ukio is a startup-sized bet on Overview, offering units with rental plans for a month or longer. So, do you want to go to work in Spain for a month? Ukio may have just the place for you.

How Ryan Reynolds Has Mastered Authentic Marketing

Most people know Ryan Reynolds from his movies, but he also has a majority stake in mobile virtual network operator Mint Mobile, which has grown by more than 50,000% over the past three years. He also invested in Aviation Gin before selling it for $600 million last year.

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He is also the founder of Maximum Effort, the marketing firm that promotes the “Deadpool” franchise, Aviation Gin, Mint Mobile, and that viral match.com. Ad featuring the devil and the year 2020 As a match made in hell.

He spoke to Jordan Crook about how startups can adapt his concept of “fast-vertising” to, among other things, use real-time cultural moments as a springboard for building their own brand buzz. To be.

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Reynolds said, “When we lead with the creative and we have an idea or we are inspired by something, we get quite aggressive with our enthusiasm and try to build something infectious around it. “

(ExtraCrunch is our membership program, which helps founders and startup teams grow. You can sign up here.)

Big Tech Inc.

  • US pays $1.2B for low-service internet connectivity Tired of all the bad news in the world? we are too. In Good News, the US regulatory body responsible for home Internet connectivity is bringing in big money to help school districts get more kids online. It’s hard to do homework or attend remote school without a connection, and not every child has one. More money is coming in as Nerdshala reports.
  • Will the UK fund its ambitious AI strategy? The UK government wants the island nation to become the world leader in AI. Fair enough. But the question is, how much will it cost and whether the same government is going to install the necessary duckets. To be a leader in the global AI race, only China, the United States and the European Union have to be defeated for supremacy. Let’s see what Boris has planned.
  • Amazon brings Prime Video channels to India: Indian Amazon customers can now subscribe to eight different digital channels in their country, including “Discovery+.” is included [for] $4 per year, Mubi $27, Hoichoi $8.2, DocuBay $6.8, ErosNow $4, Lionsgate Play $9.5, manoramaMax $9.5 and ShortsTV $4,” Nerdshala reports. Amazon’s digital media ambitions appear fearless, so will both the Indian market and others in the coming quarters Expect more from me on this topic.

And to cap us off, Chris Pratt is apparently playing the voice role for the famous digital character Mario in an upcoming film. We don’t get either.

Nerdshala Expert: Growth Marketing

image credit: Sean Gladwell (Opens in a new window) / Getty Images

Nerdshala wants to help startups find the right experts for their needs. To do this, we are creating a shortlist of the top growth marketers. Ever since we started our survey, we’ve got tons of great recommendations for growth marketers in the startup industry.

We’re excited to read more responses as they arrive! Fill out the survey here.



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