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Thursday, September 15, 2022
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Happy Thursday! Has everyone recovered from
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Zoom going down this morning
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The TechCrunch Top 3
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<strong>
One rival at a time
</strong>
</a>
: The digital design world got a treat today when Adobe announced it was buying Figma, one of its biggest rivals, in a $20 billion deal that has both investors and Figma enthusiasts pondering what will change and if those changes will be bad,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ingrid
</a>
reports. Meanwhile,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Alex
</a>
gives his take
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
on the deal
</a>
over in TechCrunch+ land.
</li>
<li style="margin-bottom: 8px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<strong>
“The Merge” is here
</strong>
</a>
: Talk of “The Merge” has been with us for weeks, and today it is finally here. If you don’t follow cryptocurrency, this means that Ethereum, one of crypto’s most popular blockchains, has now switched to proof-of-stake consensus, which also means it will now consume a lot less electricity,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Romain
</a>
writes. And for TC+,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jacquelyn
</a>
tells us why it matters that Lido, Coinbase, Kraken and Binance
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
have a majority stake of ETH
</a>
.
</li>
<li style="margin-bottom: 8px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<strong>
There’s a fix for that
</strong>
</a>
: Apple is clearing a path for easy iPhone 14 integration with a setup fix.
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ivan
</a>
has more.
</li>
</ul>
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<h2 style="text-align: left; font-size: 25px; color: #777; margin: 0;">
<a style="color: #777; text-decoration: none" target="_blank">
Your Handy Checklist for SOC 2 Compliance from Vanta
</a>
</h2>
<h3 style="margin: 0; margin-top: 6px; margin-bottom: 8px; color: #14c435; font-family: Helvetica, Arial; font-size: 20px; font-weight: normal;">
Sponsored by
<a style="color: #14c435; text-decoration: none" target="_blank">
Vanta
</a>
</h3>
<p style="font-family: Helvetica, Arial; text-align: left; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px">
<a style="font-family: Helvetica, Arial; text-align: left; text-decoration: none; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px" target="_blank">
Ready to simplify the time-consuming, tedious process of proving compliance — starting with industry fave SOC 2? Here’s a free checklist from Vanta, the leading automated security and compliance platform. Bonus? Attend a demo, and lunch is on Vanta!
</a>
</p>
<p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
<a style="background: #777; color: white; padding: 12px 18px; text-decoration: none" target="_blank">
Get it here
</a>
</p>
</td>
</tr>
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</td>
</tr>
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</td>
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<h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
Startups and VC
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Today,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Haje
</a>
has been running around at Micromobility America. They insist on using the MMA acronym, so he’s expecting a fist to the face any moment, but so far the only risk of injury has been from
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
neck-breaking micromobility
</a>
in the form of electric rollerblades. It’s
<em>
probably
</em>
a coincidence that
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Kav announced it is spooling up a 3D printing factory for bike helmets
</a>
on the same day.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Looks like mobility is everywhere these days —
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Matt
</a>
notes that
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
mobility startups are filling the void
</a>
in a Detroit auto show that’s a shell of its former self.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
The TechCrunch team has been extraordinarily busy. There’s a wall of news on
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
the TechCrunch homepage
</a>
; here’s a few of the ones that caught our eye this fine Thursday:
</p>
<ul style="font-family: Helvetica, Arial;font-weight: normal;font-size: 19px;color: #333;line-height: 1.5em;padding-left: 20px;margin-bottom: 20px">
<li style="margin-bottom: 8px">
<strong>
Like private equity, but with pocket change
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Anita
</a>
reports that
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Allocations just raised at a beefy $150 million valuation
</a>
in its mission to help private equity funds lure smaller investors.
</li>
<li style="margin-bottom: 8px">
<strong>
You and me, baby, ain’t nothing but mammals, so let’s invest across multiple channels
</strong>
:
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
U.K.-based fintech Lightyear is extending its stock-trading offering
</a>
to include a wide selection of stocks and traded funds (ETF),
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Paul
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
From the shirt off your back to the shiz in your bag
</strong>
: Reusable packaging startup
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Olive creates a new model
</a>
to keep clothes out of landfills,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Christine
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
We’re sure more money will fix this
</strong>
: VCs look the other way as they give
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
$205 million more to Verkada,
</a>
whose tech (and lax security) has been abused repeatedly,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Connie
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
To Infinity and beyond
</strong>
: Morpheus Space’s satellite thrusters are
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
propelled forward with a $28 million Series A
</a>
, reports
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Stefanie
</a>
.
</li>
</ul>
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<h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
<a style="color: #14c435; text-decoration: none" target="_blank">
Pitch Deck Teardown: Helu.io's $9.8M Series A deck
</a>
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Helping small- and medium-sized enterprises with their controlling, reporting and budgeting may not sound exciting, but Austrian fintech startup Helu.io’s storytelling skills excited investors enough to raise a $9.8 million Series A in July.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
With the exception of some details regarding unit economics and revenue, Helu shared its entire winning pitch deck with us. As these slides suggest, its founders took a straightforward approach:
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Problem: “The CFO’s pain is Excel.”
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Solution: “Good-bye Excel sheets.”
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<em>
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead.
</em>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<em>
You can sign up here
</em>
</a>
<em>
. Use code “DC” for a 15% discount on an annual subscription!)
</em>
</p>
<p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
<a style="background: #14c435; color: white; padding: 12px 18px; text-decoration: none" target="_blank">
Read More
</a>
</p>
</td>
</tr>
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</td>
</tr>
<tr>
<td align="center" bgcolor="#ffffff">
<img alt="Pitch Deck Teardown: Helu.io's $9.8M Series A deck image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2022%252F09%252FHelu.ioSeriesAPitchDeckTechCrunchPitchDeckTeardown-Cover.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1oYwwb:Ex2iYFwAQRBUulpvZpwHsXaUBIDF6aAYNc6rawpMxeA" style="display: block; font-family: sans-serif; font-size: 16px; color: #fff; height: auto;" width="600"/>
<p style="font-size: 12px; color: #c6c6c6; font-weight: bold; padding-left: 20px; padding-right: 20px">
Image Credits: Helu
</p>
</td>
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<h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
Big Tech Inc.
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Whenever Call of Duty is mentioned, we can’t help but recall Rashida Jones’s character in “The Office”
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
giving the game a shout-out
</a>
. In today’s case,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jordan
</a>
was there as
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Activision unveiled
</a>
what the game’s next generation will look like.
</p>
<ul style="font-family: Helvetica, Arial;font-weight: normal;font-size: 19px;color: #333;line-height: 1.5em;padding-left: 20px;margin-bottom: 20px">
<li style="margin-bottom: 8px">
<strong>
We won’t be undone
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Amanda
</a>
got “BeReal” with
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
TikTok’s newest feature
</a>
, which will have you experiencing a bit of déjà vu.
</li>
<li style="margin-bottom: 8px">
<strong>
“The Merge,” take two
</strong>
: We know you enjoyed
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Romain
</a>
’s coverage of “The Merge”; now
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rita
</a>
reports on how this has
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
affected cryptocurrency miners
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Two giants make an even bigger giant
</strong>
: Want to know what happens to customer data when
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Salesforce and Snowflake partner
</a>
?
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ron
</a>
can tell you.
</li>
<li style="margin-bottom: 8px">
<strong>
All eyes on gaming
</strong>
: While Activision was over there unveiling the new Modern Warfare game, the company’s
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
proposed tie-up with Microsoft
</a>
is getting a deeper look from the United Kingdom’s antitrust investigators,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Natasha L
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
Back in the hot seat
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Taylor
</a>
watched the latest Senate Homeland Security Committee meeting
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
featuring executives from Meta, TikTok, YouTube and Twitter
</a>
so you don’t have to. Spoiler, they dodge questions about social media and national security.
</li>
</ul>
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Read more stories on TechCrunch.com
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Newest Jobs from Crunchboard
</h2>
</td>
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<ul style="font-family: Helvetica, Arial; font-weight: normal; font-size: 19px; color: #333; line-height: 1.5em; padding-left: 20px; margin-bottom: 20px;">
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
IT Business Analyst at Pennsylvania Turnpike Commission (Middletown, PA, United States)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Senior Database Developer at Health Research, Inc. (Albany, NY, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
.Net Developer at CITI Program, a division of BRANY (Anywhere)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Product Support Engineer at Veeva (Columbus, OH, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Web Programmer Analyst at Skidmore College (Saratoga Springs, NY, USA)
</a>
</li>
</ul>
<p style="margin-top: 50px; margin-bottom: 30px; text-align: center; font-family: Helvetica, Arial;">
<a style="color: #14c435; text-decoration: none; font-size: 22px; font-weight: bold;">
See more jobs on CrunchBoard
</a>
</p>
<p style="font-family: Helvetica, Arial; text-align: left; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px">
<a style="color: #14c435; text-decoration: none" target="_blank">
Post your tech jobs
</a>
and reach millions of TechCrunch readers for only $200 per month.
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2 years, 11 months ago - newsletter@techcrunch.com
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