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        <p style="color: #5a5a5a; font-size: 18px; line-height: 28px; margin: 0;">
         By
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          Christine Hall
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        <p style="color: #5a5a5a; font-size: 18px; line-height: 28px; margin: 0;">
         Tuesday, July 05, 2022
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              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Guess who’s back? Back again? Well, me after a long weekend, but also Elon Musk is tweeting again, and
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                he has lots of thoughts about socks
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               . My partner in crime,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Haje
               </a>
               , remains in an undesirable newsletter time zone but will be back later this week. I want to call out some things going on with TechCrunch. One is that TechCrunch Live’s weekly event series is new and improved, so
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                learn more and register
               </a>
               . Most of us here at TechCrunch spend our days on WordPress, and the Found team
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                spoke to Matt Mullenweg
               </a>
               , CEO of its parent company Automattic, for the latest podcast. —
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Christine
               </a>
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            Image Credits: Glance
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              <h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
               The TechCrunch Top 3
              </h2>
              <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 rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Just a Glance
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Manish
                </a>
                wrote two of our top stories. The first is a scoop he got related to Glance, which is reportedly launching its lock screen content platform for Android in the U.S. in the next couple of months. He also dug into
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Twitter’s lawsuit against the Indian government
                </a>
                that was prompted by content takedown orders. This is just another in a long line of troubles the company has had in this country.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  No slowdown in climate tech
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Paul
                </a>
                reports on Climentum Capital’s philosophy behind its new $157 million fund that will go into European startups helping reduce CO2 emissions.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  We gotta figure out our ‘exit scratgety’
                 </strong>
                </a>
                : You’ll have to go way back into the SNL archives to find that reference, but this is the first of two
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Haje
                </a>
                public announcements for our founder friends. He says you really don’t need that “exit plan” slide in your pitch deck — there are a lot of assumptions and predictions on a founder’s part, and it is hard to know who wants to buy your company, so just get rid of it.
               </li>
              </ul>
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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">
               There are a number of very good TechCrunch+ stories today. I recommend starting with
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Alex
               </a>
               ’s item on
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                raising sweet capital in a sour market
               </a>
               , where essentially he says venture capital firms should put their money to use when they can get more out of it. Then follow with his story from yesterday that does a bit more diving into
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                2021 company valuations
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Speaking of putting capital to use in easier ways, some VC firms continue to raise funds, and Sequoia Capital has been very busy.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Rita
               </a>
               reports that
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Sequoia’s China unit took in $9 billion
               </a>
               , coming at a time when, she writes, “global investors are reevaluating risks in China amid a COVID-hit economy and an ongoing
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                regulatory crackdown
               </a>
               on the country’s internet upstarts.” This complements a quick hit I did last week about Sequoia
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                raising two funds
               </a>
               stateside.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Meanwhile,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Haje
               </a>
               ’s other public service announcement for today is a reminder that not all of us comprehend at the same level, so
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                startup founders should work to attract more bees with simple honey sentences
               </a>
               rather than big, complicated fly ones.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Here’s what else you might like today:
              </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">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Show me the money
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Kyle
                </a>
                reports on Tesorio, which closed on a $17 million Series B to continue developing tools to help businesses automate their payment collection process.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  The opposite of McHard is McEasy
                 </strong>
                </a>
                : In this case, McEasy is digitizing Indonesia’s logistics, transportation and supply chain industries, and
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Catherine
                </a>
                writes about the company’s plans now that it has $6.5 million in new funding.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Drink up
                 </strong>
                </a>
                : I reported on Maolac, an Israeli food tech company that is putting $3.2 million of new capital to work in its protein technology that is taking bovine colostrum and making a superfood for adults.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  If you like it, then you should have put a ring on it
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Natasha
                </a>
                takes us on a delightful journey looking at Ultrahuman’s new smart ring aimed at “decoding metabolic health.”
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  A “Quantum Leap” indeed
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ingrid
                </a>
                writes about the U.K.’s Oxford Quantum Circuits, which raised $47 million for its quantum-computing-as-a-service that runs a 3D processor architecture called Coaxmon.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Drive time
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Rebecca
                </a>
                interviews Veo’s Candice Xie about the e-scooter company’s steady journey toward profitability.
               </li>
              </ul>
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               <a style="color: #14c435; text-decoration: none" target="_blank">
                Without a clear ask, your pitch deck is useless
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Fundraising is difficult because most people don’t have any experience asking strangers for money.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               The “ask” slide where founders explain how they’ll spend investors’ money is particularly challenging. To break through the mental barrier,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Haje
               </a>
               recommends starting out with metrics and milestones.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               How much will you increase MAU or lower CAC? What are your target dates for expanding in new markets?
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               “The more specific your goals are, the easier it is to know whether you’re trending toward them,” writes Haje.
              </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 rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                <em>
                 You can sign up here
                </em>
               </a>
               <em>
                .)
               </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>
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           <img alt="Without a clear ask, your pitch deck is useless image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2022%252F06%252FBeerSub-10-million-ask-slide.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1o8qdn:W8YvQad0qvg-GZ-BzAK8fFRHWOHEaI0M9KUxm5TzIw8" 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: Haje Jan Kamps
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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">
               Some big news from yesterday was that Meta decided not to move forward with its
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                crypto payments wallet, Novi
               </a>
               ,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Natasha
               </a>
               writes. The company isn’t getting rid of it completely, so stay tuned as to how it might be repurposed.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Meanwhile, Google is doing a little postponing of its own — with
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                KakaoTalk updates on its Play Store
               </a>
               .
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Kate
               </a>
               reports this has something to do with the messaging app refusing to remove its own payment links. You might remember, but Google doesn’t like that.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Over in Europe, we have a trio of regulation stories. First is
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Natasha
               </a>
               ’s about the European Parliament giving its approval to a
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                set of regulations regarding digital businesses
               </a>
               . Then
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Paul
               </a>
               writes about the U.K. pushing to make “
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                foreign interference
               </a>
               ,” particularly Russian information, an offense under its
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                proposed Online Safety Bill
               </a>
               . Finally,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Ingrid
               </a>
               reports on the
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                U.K. signing its first data-sharing deal since Brexit
               </a>
               with South Korea.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Take a peek at some others:
              </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">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Those are some big lenses you have
                 </strong>
                </a>
                : If you like smartphones with giant camera lenses, then you will love
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Haje
                </a>
                ’s report on Xiaomi’s new phone.
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                </a>
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  A marriage made in drone heaven
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Brian
                </a>
                writes about American Robotics’ owner acquiring Airobotics and why it’s a good fit.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Talk about your front desk fail
                 </strong>
                </a>
                : WeWork India was found to have exposed the personal information and selfies of visitors,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Zack
                </a>
                writes.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Fire up those engines
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Rebecca
                </a>
                listened in on Tata Motors’ shareholder meeting and found that the Indian automaker aims to sell 50,000 electric vehicles by March 31, 2023.
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                </a>
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Live commerce no more
                 </strong>
                </a>
                : TikTok is reportedly pulling the plug on plans to expand its live e-commerce unit, TikTok Shop, in the U.S. and some parts of Europe,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Aisha
                </a>
                writes. It will be interesting to see if live commerce ever does become a thing over in this part of the world.
               </li>
              </ul>
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                 Senior Manager, Consulting and Training at Purdue University (West Lafayette, IN, USA)
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                 Product Engineer at Dizzion (Anywhere)
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                 Senior Java Developer at Dizzion (United States)
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                 Network Administrator at City of Commerce City (Commerce City, CO, USA)
                </a>
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                <a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
                 System Administrator at City of Commerce City (Commerce City, CO, USA)
                </a>
               </li>
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                See more jobs on CrunchBoard
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               <a style="color: #14c435; text-decoration: none" target="_blank">
                Post your tech jobs
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               and reach millions of TechCrunch readers for only $200 per month.
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