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It’s Monday and we’re excited to start another week of summer tech news. Speaking of summer, as VCs stop answering their phones, preferring to drink lime and elderberry martinis, play pickleball, dig bitcoin mines, and kite surf (I can only assume that this is what VCs do during their summer holidays). ), this gives us technical reporters. a little more time to delve into some of the stories and companies that tickle our curiosity.
In my distant past as a startup founder, long before I became a writer at TechCrunch, Participation in TechCrunch Disrupt was an important moment for my first startup.. As an early-stage startup founder, you know that hustle is part of the game; if your company does not have a budget for participation, you can apply to volunteer and be present in this way. Don’t miss the Volunteer FAQ to see if this is a good option for you! — Hadje
TechCrunch Top 3
- Bolt wobbled?: Quite rarely, a startup just disappears from the face of the planet, but it was a trick. Bolt Mobility seems to have done well. leaving a bunch of e-bikes and confused customers, Rebecca reported.
- I am a passenger and I ride and I ride: Tiny Swarm satellites are sent to SpaceX launches for other clients, where it’s easy for the company to “just put them in” – that’s what Swarm has been around for as long as it was purchased from SpaceX Darrell writes.
- Bus wheels go down and down: In the midst of an 88% drop in stocks, Swvl, which went public through SPAC last year, is canceling its $100 million acquisition. startup Smart Bus Zeelo, Mike writes.
Startups and VK
The cryptocurrency-related regulatory environment is changing in the US as the SEC targets the big players in the web3 world with the promise of shaking up business with aggressive action as usual. David Nage talks about how regulatory scrutiny affects venture capital investment in web3. This is a great conversation with Lucas as well as Anita in this week’s edition of Chain Reaction for podcast lovers!
Oui Capital, an Africa-focused venture capital firm based in Lagos and Massachusetts. announced today that it has completed the first close of its $30 million. second fund, Tage reports. The firm aims to strengthen its presence on the continent.
More more more:
- Week Title: uh huh why Natasha M so good! Don’t miss her Startups Weekly, a sneak peak of what’s what in startup land last week. Also, “The bootloaders are coming, the bootloaders are comingjust frankly :chefs-kiss:.
- Like games, but tighter: The runaway success of Axie Infinity and StepN has convinced many entrepreneurs that web3 games are the future. AT Ritaa piece, Gaming veterans promise to make blockchain games fun and sustainable.
- Still equal, only with a fatter treasury: Equal Ventures has a new pair of funds. The New York-based firm closed a second $95 million fund and its first $75 million opportunity fund. Natasha M found out from the company’s SEC documents.
- Talk to the machine: UiPath acquired Reinfera London-based startup developing natural language processing (NLP) tools for enterprises, Paul reports.
- Xney on Chipper Cash: Kenya sent all banks stop dealing with Chipper Cash and Flutterwaveclaiming that the companies are not licensed, Annie reports.
- Lively climate market: Climate-focused venture company Buoyant Ventures plans to invest $100 million as the climate market continues to evolve, Harry reports.
Build a solid deck for quarterly board meetings
Board meetings are great for getting feedback on your progress and your plans for the future, but what’s the best way to let them know what’s going on?
Ridge Ventures partner Yusuf Khan says that often the best and easiest way to “make sure you’re giving board members the information they want to see is to just ask them.”
“Reaching out to the board of directors not only helps set direction, it also gives you an opportunity to build relationships. People appreciate the opportunity to speak out,” he says.
Khan also offers seven presentation tips to keep your board informed about your progress, plans, product, and finances.
(TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here.)
Big Tech Inc.
Hyundai is considering acquiring South Korea’s lidar-free 42dot autonomous mobile platform.. This was announced by the representative of 42dot. Katia that the startup is in talks, but warned that terms, including the size of the stake and the valuation of the deal, have yet to materialize.
In one of the most mind-blowing moves in recent memory, Spotify has announced that it will be introducing a Play button and a Shuffle button at the top of album playlists to make it easier to play music the way you like it. Sarah reports. Plot twist: separate buttons only available to paid subscribers. As Sarah concludes, “streamers may be disappointed to learn that what should be an app update in favor of better usability is oddly sold to them as a reason to upgrade.”
- You never know when you’ll need jeans in 25 minutes.: E-commerce giant Amazon is starting same-day shipping from select retailers including PacSun and Diesel, Aisha reports.
- Unaccounted Twitter in testing: Ivan announces a new test from Twitter, where you can now use Twitter app for iOS without account registration.
- Pinterest shuffles into your moodboards: Social media company Pinterest introduces the new Shuffles app. to create collages and moodboards, Sarah reports.
- Oh-oh: Things get (even more) interesting in the world of hackers, as hackers stole passwords to access 140,000 payment terminalsreports Zach.
- AI can go too far: There’s a reason why over 450,000 people read the Emerging Tech Brew, an email that comes out three times a week and contains the latest technology news that affects you and your world. The best part? It’s free and only takes 5 minutes to read, so there’s no reason not to give it a try. To keep up to date with the latest advances in technology and artificial intelligence, subscribe to the Emerging Tech Brew newsletter is free.
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