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Hello and may the 3rd be with you. Did we get this meme right? Today we are very happy to see that a16z is planning $50. crore (this is 500 million dollars) for the amount of investment to Indian startups in his newest fund. We, too keep a close eye on Thrasio as he appoints a new CEO and conducts a series of layoffs – Christine and Hadje
TechCrunch Top 3
- NFT for physical items?: Americana Technologies thought that people who create physical things don’t count when it comes to NFTs, so the startup developed a way for those creators to jump on board. Let’s see if that vision pans out, but with backers like Alexis Ohanian’s venture capital firm Seven Seven Six; NFT marketplace OpenSea; and rapper Future, you can bet that it will.
- Back to the NFTs we know and love: We liked Alexin today’s story about those who are buying up valuable chunks of digital land: “The Bored Ape team has managed to turn a hit set of NFTs into several collections, huge venture capital checks, and now a license to print money thanks to speculators buying up its new digital asset offer.” Can’t wait to see what they do with it.
- This island has nothing to do with love other than love for Roblox.: Spotify launched its “Spotify Island” and is now the first music streaming brand on Roblox. It’s a cute little island with hearts and easter eggs, but don’t expect them to get close.
Startups and VK
The site is fintech all the time today, with Kevin getting a $65 million round to build. payments from account to account through trading terminalsNeobank Open as a unicornBanking giant Truist acquiring Long game to reach a younger demographicand Point is raising $115 million to help homeowners. cash out capital in their homes.
Medical startup myNurse (formerly known as Salusive Health) has lost a bunch of patient data in a hack and hack. suddenly shut down after less than two months. He claims to have nothing to do with the hack, but gives no reason for the shutdown. Everything is more and more interesting.
We also loved Rontoday’s story is about Graphite, which took a leaf from the Slack book from By taking an internal tool and spinning it off into a separate $20 million Series A company. Gotta love a good twisting story.
- Uprising in Bolt: Something is going on in the four walls of Bolt. Mary Ann dug into various news for context last week and this week Bolt CEO talks about startup performance after litigationclaiming that his salespeople are doing twice as well this year than they did last year.
- When you absolutely, definitely need that guac right now: Zepto has raised a whopping $200 million 90% unicorn, 10% horse score to help you get groceries in 10 minutes in a number of additional cities in India.
- Free is the magic number (no it’s not): Switching customers from free to paid tiers and from cheaper plans to more expensive ones is a constant headache for SaaS companies. Toplyne just raised $15M to help product promotion companies analyze their customers and develop the best go-to-market strategies.
- Get back, get back, get back to where you once had the songs: Finding music is a perennial problem for streaming services, and SoundCloud is trying to solve it, acquisition of Musiio, an AI music curator.
- For vegans, giving up steak is now a mistake of the past.: In a funny twist, we didn’t expect Mooji is 3D printed plant-based meat. A YC alum just raised $3 million to “print” steaks.
- World’s first Ɛqǝʍ foundation: (it’s web3 but at the bottom): New Zealand receives its first web3-focused cryptocurrency venture fund.
Hiring the best startups on a budget during the Great Retirement
Glen Evans, Greylock core team partner, joined Senior Editor Walter Thompson at the TechCrunch Early Stage to talk about how founders can streamline the hiring and hiring process, find and develop talent, and reveal some best practices for closing candidates.
“The state of the job market is more competitive than I’ve ever seen,” said Evans, who has twenty years of experience overseeing recruiting and team building at high-growth companies including Slack, Facebook and Google.
“There’s a very limited supply of talent and probably the biggest demand I’ve ever seen, so it’s really important for people to think about how to differentiate and build foundations and habits to find talent the right way in the early days,” he said. . “It’s not rocket science.”
(TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here.)
Big Tech Inc.
- Automobiles are what get us from point A to point B, but today’s news is about large investments in the production of electric vehicles. First, Stellantis plans to invest $2.8 billion in increase the production of electric vehicles at its two Canadian plants. This is part of a bigger $35.5 billion investments Stellantis is making to achieve zero carbon emissions by 2038. Further, Rivian got a nice Georgia trip incentive package and build a factory for the production of electric vehicles. And finally Silas got access to a new facility in Washington. This will enable the electric vehicle battery maker to begin introducing its products into vehicles by 2026.
- This is your lucky day if you’ve ever tried to read a book you already own but didn’t buy it from amazonbut want to read through Kindle. Amazon has now given you the option to do so without requiring so many steps. In addition, it seems the company gives Roku a chance for their money, increasing the list of original shows. we forgot about Geoff Lewis‘ entertainment brand so far.
- In case you missed Twitter and Elon Musk daily reach, Sarah Twitter’s SEC filing reports showing the risks to its core advertising business in the event of a proposed deal. Advertisers are already preparing for this, and Musk said earlier some ideas to reduce Twitter’s dependence on advertisers for revenue. Oh, and Twitter is testing something called Twitter Circle because it’s high school again, and it can only have six kids. six chickensso choose wisely.
Credit: techcrunch.com /