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   Plus: A McHack
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                    By
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                       Rebecca Szkutak
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                    <strong>
                     Friday, July 11, 2025
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                   <p style="margin-bottom: 1em; margin: 0;">
                    Welcome to TC PM! Today we look at a YC-backed space startup that is seeing strong investor interest; we dive into a new solo GP fund; and we learn about not one, but two conspiracies.
                   </p>
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                    TechCrunch Top 3
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                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     Image Credits:
                    </strong>
                    Apolink
                   </p>
                  </div>
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                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     🚀 Blast off:
                    </strong>
                    Apolink is a Y Combinator-backed startup looking to build a real-time connectivity network for satellites in low Earth orbit. It just raised an "oversubscribed" seed round that resulted in
                    <a data-hs-link-id="1" data-hs-link-id-v2="GJx5ZoCu" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     $4.3 million in fresh funds and a $45 million valuation
                    </a>
                    . Not bad for a 19-year-old founder.
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     🍔 McWhoops!
                    </strong>
                    Security researchers discovered that they could
                    <a data-hs-link-id="0" data-hs-link-id-v2="u/lCD2O9" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     hack into McDonald's AI hiring chatbot
                    </a>
                    , McHire (genius). How? By simply entering "123456" as both the username and password. In doing so, the researchers found they could access personal info on 64 million people. Yikes!
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     🔓 Security flaw:
                    </strong>
                    Speaking of security bugs, U.S. cybersecurity agency CISA said hackers are actively
                    <a data-hs-link-id="0" data-hs-link-id-v2="a2Dzl9ht" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     exploiting a security flaw
                    </a>
                    in a widely used Citrix NetScaler. CISA has given federal government departments just one day to patch their systems.
                   </p>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; border-radius: 0; color: #000000; width: 600px; margin: 0 auto;" width="600">
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              <div class="spacer_block block-1" style="height:15px;line-height:15px;font-size:1px;">
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                    <a data-hs-link-id="0" data-hs-link-id-v2="rouyC9DS" rel="noopener" style="text-decoration: none; color: #0aa43e;" target="_blank">
                     <strong>
                      A Message from Persona
                     </strong>
                    </a>
                   </p>
                  </div>
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                  <h1 style="margin: 0; color: #101112; direction: ltr; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 24px; font-weight: 700; letter-spacing: normal; line-height: 1.2; text-align: left; margin-top: 0; margin-bottom: 0; mso-line-height-alt: 29px;">
                   <a data-hs-link-id="1" data-hs-link-id-v2="i6XlLm0E" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                    <span class="mce-content-body mce-edit-focus" data-position="180-0-2" data-qa="tinyeditor-root-element" id="64b0d513-6054-4c87-8909-42533add3296" style="word-break: break-word; position: relative;">
                     Verify more users without sacrificing security
                    </span>
                   </a>
                  </h1>
                 </td>
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               </tbody>
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                  <div style="color:#101112;direction:ltr;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left;mso-line-height-alt:24px;">
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                    <a data-hs-link-id="2" data-hs-link-id-v2="/1jwuK+Q" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     Verify users during onboarding to fight fraud, meet compliance requirements, build trust, and protect your business and customers. Persona's low-code identity verification platform adapts to risk signals in real time — increasing friction for potential fraudsters while fast-tracking good users so you can maximize conversion and minimize risk.
                    </a>
                   </p>
                  </div>
                 </td>
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                      Learn More
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                  <h1 style="margin: 0; color: #101112; direction: ltr; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 28px; font-weight: 700; letter-spacing: normal; line-height: 1.2; text-align: left; margin-top: 0; margin-bottom: 0; mso-line-height-alt: 34px;">
                   <strong>
                    Afternoon must-reads
                   </strong>
                  </h1>
                 </td>
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               </tbody>
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                     <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpub%252Fbfra%252F16fcjipy%252F8hp%252F6hk%252F37k%252Frubles-bitcoin%2520copy.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCIsInRpbWUiOjE3NTIyNzEyMDUuNjM1MTk0fQ:1uaLmn:A_aO6ziVplvKPc47dDVCCsTyF8TsLOIWkgbxJTzFWw4" style="display: block; height: auto; border: 0; width: 100%;" title="" width="598"/>
                    </a>
                   </div>
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               </tbody>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;" width="100%">
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                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     Image Credits:
                    </strong>
                    Matt Cardy / Getty Images
                   </p>
                  </div>
                 </td>
                </tr>
               </tbody>
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             </td>
            </tr>
           </tbody>
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       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-12" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: #fafafa; border-bottom: 1px solid #0aa43e; border-left: 1px solid #0aa43e; border-radius: 0; border-right: 1px solid #0aa43e; color: #000000; width: 600px; margin: 0 auto;" width="600">
           <tbody>
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             <td class="column column-1" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; font-weight: 400; text-align: left; padding-bottom: 5px; vertical-align: top;" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-1" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;" width="100%">
               <tbody>
                <tr>
                 <td class="pad" style="padding-bottom:25px;padding-left:30px;padding-right:20px;padding-top:10px;">
                  <div style="color:#101112;direction:ltr;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left;mso-line-height-alt:24px;">
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     🌝 To the moon:
                    </strong>
                    Bitcoin has been on a bit of a tear this week, hitting
                    <a data-hs-link-id="1" data-hs-link-id-v2="iaSIBhfR" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     a new all-time high today
                    </a>
                    at $118,900. Some industry analysts think that if it reaches $150,000, it could set off a buying frenzy.
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     💰 AI mania:
                    </strong>
                    Startup Cognition
                    <a data-hs-link-id="0" data-hs-link-id-v2="0DFKfxkN" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     just landed a notable customer
                    </a>
                    for its AI coding agent Devin — Goldman Sachs. The financial giant is looking to use Devin to augment its workforce of more than 12,000 human developers and plans to roll out "hundreds of instances of Devin."
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     💵 New fund just dropped:
                    </strong>
                    Sarah Smith Fund, a new VC firm by, yes, Sarah Smith,
                    <a data-hs-link-id="0" data-hs-link-id-v2="pN6bBQ3e" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     just raised $16 million for its first fund
                    </a>
                    . The solo GP said that while she thinks company building requires a team effort, she believes early-stage investing is best done by a solo investor.
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     🤗 Talking bots:
                    </strong>
                    On
                    <a data-hs-link-id="0" data-hs-link-id-v2="MWt40ndB" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     today's episode of Equity
                    </a>
                    , the hosts dig into Hugging Face's release of its Reachy Mini open source desktop robots. The hosts also dug into Linda Yaccarino's exit from X, how Rivian's micromobility spinoff raised $200 million, and more.
                   </p>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-13" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
       <tbody>
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         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; border-radius: 0; color: #000000; width: 600px; margin: 0 auto;" width="600">
           <tbody>
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             <td class="column column-1" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; font-weight: 400; text-align: left; vertical-align: top;" width="100%">
              <div class="spacer_block block-1" style="height:20px;line-height:20px;font-size:1px;">
              </div>
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           </tbody>
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      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-14" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; border-radius: 0; color: #000000; width: 600px; margin: 0 auto;" width="600">
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              <div class="spacer_block block-1" style="height:15px;line-height:15px;font-size:1px;">
              </div>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;" width="100%">
               <tbody>
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                 <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:5px;">
                  <div style="color:#0aa43e;direction:ltr;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:15px;font-weight:400;letter-spacing:0px;line-height:1.2;text-align:left;mso-line-height-alt:18px;">
                   <p style="margin-bottom: 1em; margin: 0;">
                    <a data-hs-link-id="0" data-hs-link-id-v2="jgX4R/cf" rel="noopener" style="text-decoration: none; color: #0aa43e;" target="_blank">
                     <strong>
                      A Message from Head
                     </strong>
                    </a>
                   </p>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-3" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
               <tbody>
                <tr>
                 <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:20px;padding-top:5px;text-align:center;width:100%;">
                  <h1 style="margin: 0; color: #101112; direction: ltr; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 24px; font-weight: 700; letter-spacing: normal; line-height: 1.2; text-align: left; margin-top: 0; margin-bottom: 0; mso-line-height-alt: 29px;">
                   <a data-hs-link-id="1" data-hs-link-id-v2="r/qw9uGT" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                    <span class="mce-content-body mce-edit-focus" data-position="180-0-2" data-qa="tinyeditor-root-element" id="64b0d513-6054-4c87-8909-42533add3296" style="word-break: break-word; position: relative;">
                     Head AI replaces your entire marketing team
                    </span>
                   </a>
                  </h1>
                 </td>
                </tr>
               </tbody>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;" width="100%">
               <tbody>
                <tr>
                 <td class="pad" style="padding-bottom:10px;padding-left:10px;padding-right:30px;padding-top:5px;">
                  <div style="color:#101112;direction:ltr;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left;mso-line-height-alt:24px;">
                   <p style="margin-bottom: 1em; margin: 0;">
                    <a data-hs-link-id="2" data-hs-link-id-v2="0bnjxIoN" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     The arrival of Head, the world's first true AI marketer, isn't just sparking debate — it's signaling a reckoning. As AI like Head takes over your influencer, affiliate marketing, and more, it is rapidly outpacing human capabilities. Is this the end of marketing careers as we know them? The FOMO is real, the urgency undeniable.
                    </a>
                   </p>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-5" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
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                      Face the AI Future
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                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     🔎 Speaking of conspiracies:
                    </strong>
                    The Department of Justice released 11 hours of "raw" footage of Jeffrey Epstein's prison cell the night before he was found dead. While this was to dispel claims that Epstein was murdered, the
                    <a data-hs-link-id="0" data-hs-link-id-v2="RCUTqG7i" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     video's metadata shows that it was modified
                    </a>
                    . Interesting!
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     🙄 Loser behavior:
                    </strong>
                    It's not new that snark subreddits can be brutal when creators post or say something the trolls don't like. But a new trend in these subreddits is that
                    <a data-hs-link-id="0" data-hs-link-id-v2="TADgdShz" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     people are falsely reporting creators to government agencies
                    </a>
                    like ICE and CPS. Who has the time?
                   </p>
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                    Featured jobs from CrunchBoard
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                     Technical Business Systems Analyst, Air Line Pilots Association (Tysons, VA)
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                     Partnerships Manager, Clearscope (Remote)
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                     Sr. IT Security Engineer - Computing Services, Carnegie Mellon University (Pittsburgh, PA)
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                      See more jobs on CrunchBoard
                     </strong>
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                    <strong>
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                      Post your tech jobs
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                    and reach millions of TechCrunch readers for only $349 per month.
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