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         By
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          Christine Hall
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         and
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          Haje Jan Kamps
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         Friday, July 15, 2022
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               Time to do the Friday dance! We’ve mentioned our virtual
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                TC Sessions: Robotics event
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               a few times, but we’ve got some good news for events fans. Hang on to your blockchains and sharpen those crypto wallets — we’re doing a
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                TechCrunch Sessions: Crypto
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               in November as well! Happy weekend! See y’all on Monday. —
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                Christine
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               and
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                Haje
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               The TechCrunch Top 3
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                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Words mean everything
                 </strong>
                </a>
                : Microsoft came under fire recently by developers due to the way it worded a new policy banning profiting off of open source software, and while the company clawed back that policy,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Paul
                </a>
                provides a look at what all this will mean.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  No snakes and frozen statues here
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Christine
                </a>
                writes about Medusa’s $8 million seed round to take on Shopify with its open source e-commerce tool for small businesses to grow their business beyond the basic API implementations provided by marketplaces.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  B-O-A-R-D
                 </strong>
                </a>
                : No, it’s not today’s Wordle answer — we checked — but fans of the game will be delighted to know that the popular guess-the-word computer game is being turned into a board game,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ivan
                </a>
                writes.
               </li>
              </ul>
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               <a style="color: #777; text-decoration: none" target="_blank">
                Save $1300 on Disrupt 2022 Tickets. Sale Ends July 29!
               </a>
              </h2>
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               Sponsored by
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                TechCrunch
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              </h3>
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               <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">
                Sign up today for the world's most iconic startup ecosystem conference this October in San Francisco.
               </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">
                SAVE NOW
               </a>
              </p>
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               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">
               “We have entered
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                an unprecedented combination of crypto winter and broad macroeconomic instability
               </a>
               , and we need to prepare the company for the possibility of a prolonged downturn,” OpenSea CEO Devin Finzer said, as
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Lucas
               </a>
               reports.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               The question bouncing around
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Alex
               </a>
               ’s mind this morning is
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                why venture investments are slowing when so much capital has been raised by VCs to invest?
               </a>
               (Read about it on TC+, our subscription product.)
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               NGL and Sendit’s apps are problematic,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Sarah
               </a>
               writes, because
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                they’ve been using misleading tactics
               </a>
               to trick their young users into thinking they were receiving engagement from friends when they were not.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Kick off the weekend by
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                bopping along to this wildly dark and weirdly threatening EDM track
               </a>
               from Rüfüs Du Sol, as you skim the best of the rest:
              </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>
                 Hi, is that Nothing?
                </strong>
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Brian
                </a>
                just posted
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 his review of the Nothing Phone (1)
                </a>
                , sharing that it’s “a refreshing change of pace in a smartphone market that has lost much of its sense of fun.”
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Hi, WYD
                </strong>
                : The race is on, with a number of
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 startups racing to build a crypto-native, consumer-friendly messaging platforms for web3,
                </a>
                reports
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Connie
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Shields up
                </strong>
                : With her new startup, Granitt, Runa Sandvik aims to
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 help at-risk people, like journalists and activists but also politicians, lawyers, refugees and human rights defenders
                </a>
                , from threats they face doing their work,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Zack
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 You get a credit card, you get a credit card
                </strong>
                : Stori offers credit cards to underserved populations in Mexico. It has
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 raised $50 million in equity at a $1.2 billion valuation
                </a>
                , writes
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Mary Ann
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 They’re really going places
                </strong>
                : Vektor Partners raises new $126 million fund
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 to look specifically at sustainable mobility
                </a>
                companies, reports
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Mike
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 It’s the birds, and the bees, and the flowers, and the vee cees:
                </strong>
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Systemiq secures $70 million
                </a>
                to fund early-stage climate tech founders, reports
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Harri
                </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">
                Pivoting your startup in a bear market: Become undeniably fundable
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Every founder is searching for ways to conserve cash at the moment, but a laser focus on saving money instead of creating efficiencies will only delay the inevitable.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               In July 2022, investors will not back companies that can’t demonstrate proficiency in five basic KPIs, according to Kraig Swensrud, founder and CEO of Qualified.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               “We’re not going back to the sugar high of the past decade anytime soon, but with integrity, strong leadership and operational efficiency, we can not only survive, but thrive.”
              </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.
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                 You can sign up here
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               <em>
                .)
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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">
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Brian
               </a>
               writes that after testing out drone delivery in California,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Amazon is heading over to the Lone Star State
               </a>
               — that’s Texas, y’all — to begin delivering in the town of College Station, where Texas A&amp;M University is located. Now when Texans look at the sky, it kind of gives a new meaning to “the stars at night are big and bright.”
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               As one of our colleagues noted, TikTok wrote a
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                rather lengthy post
               </a>
               basically announcing that its
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                chief security officer stepped down
               </a>
               from his position.
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Aisha
               </a>
               reduces the news down to a more manageable length.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               All you Apple Music subscribers out there gained another perk with Apple Music Sessions, which provides access to audio recorded at Apple music studios around the world.
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Country stars Carrie Underwood and Tenille Townes
               </a>
               were the first to give it a go,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Lauren
               </a>
               writes.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Natasha L
               </a>
               gave us a good headline today with her story on a
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                proposal by European lawmakers
               </a>
               to make it easier to share medical data across borders, but in a way that is also secure.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Oh, and
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Bungie is now officially part of Sony
               </a>
               ,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Taylor
               </a>
               reports.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               In case you missed it, our colleagues were working hard yesterday, and here are some late-day stories we don’t want you to miss:
              </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>
                 Put it in drive
                </strong>
                : In car news,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Jaclyn
                </a>
                wrote about
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Hyundai’s N brand
                </a>
                , some
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 rather expensive
                </a>
                (multimillion-dollar value) electric vehicles coming this summer and
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 where VinFast is building
                </a>
                its new EV factory. Meanwhile,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Rebecca
                </a>
                is keeping us up-to-date on what’s going on with
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Cruise’s robotaxi service
                </a>
                . You may remember
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 a bunch of its vehicles stalling traffic
                </a>
                for hours in San Francisco.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Patting yourself on the back
                </strong>
                : That’s how
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Kyle
                </a>
                described
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Meta’s first human rights report
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 We want you to know that your car insurance may have lapsed
                </strong>
                : The
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 FCC slapped one robocaller with a $116 million fine
                </a>
                and now it is ready to go again,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Devin
                </a>
                wrote.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Ready and willing
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Coinbase may have some competition
                </a>
                knocking at the door.
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Anita
                </a>
                digs into why Binance.US is prepared to come in.
               </li>
              </ul>
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            Newest Jobs from Crunchboard
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               and reach millions of TechCrunch readers for only $200 per month.
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