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         By
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          Christine Hall
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        <p style="color: #5a5a5a; font-size: 18px; line-height: 28px; margin: 0;">
         Monday, June 26, 2023
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               Today, it seemed like a good day to announce the acquisition of another company. Meanwhile, Netflix decided it
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                didn’t want to be “basic” in Canada
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               , and French VC firm Frst may have forgotten all its vowels but now
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                has $80 million toward its new seed fund
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               . Let’s dive into your Daily Crunch for Monday.
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            Image Credits: Tumisu / PixaBay
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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">
               Several enterprise companies were feeling all M&amp;A-y Monday and announced not just acquisitions, but also big spender-type acquisitions. First, Databricks will pay $1.3 billion to acquire MosaicML, an OpenAI competitor building a platform for organizations to train large language models and deploy generative AI tools based on them.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Ingrid considers it a steal — find out why
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Next, as we see more organizations blending SaaS in private and public clouds, IBM made a big acquisition here and will acquire Apptio for $4.6 billion in cash. The company built a platform to track how and where data lives in hybrid environments and how it’s being used.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Read more
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               And finally, ThoughtSpot is shelling out $200 million in cash and stock to acquire business intelligence startup Mode Analytics in a move that ThoughtSpot CEO Sudheesh Nair says will “bolster ThoughtSpot’s generative AI apps while doubling the company’s customer base and growing its annual recurring revenue to more than $150 million.”
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Read more
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               .
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            Image Credits: Getty Images
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              <h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
               More top stories
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               In today’s car talk,
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Aston Martin taps Lucid
               </a>
               to help develop electric vehicles that it aims to get on the market by 2025. Also, we have your look at the
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                2024 Silverado EV WT
               </a>
               that has an impressive 450-mile range.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 AI told you there were more acquisitions
                </strong>
               </a>
               : Ramp exclusively told TechCrunch about its acquisition of customer support startup Cohere.io.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 Everything has a + on it nowadays
                </strong>
               </a>
               : Learn more about Meta’s new VR subscription “Meta Quest+” and how much you’ll have to pay for it.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 Duty free
                </strong>
               </a>
               : Tax-free shopping while traveling is where it’s at, and utu raised $35 million to help travelers do that better.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 If a picture paints a thousand words
                </strong>
               </a>
               : SnapCalorie raised $2 million to continue developing AI that estimates how many calories a plate of food has from photos.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 Speaking of pictures
                </strong>
               </a>
               : Read what Adobe’s new indemnity clause says as the company tries to ease enterprise fears about AI-generated art.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 Delivery by Amazon
                </strong>
               </a>
               : Small shops can now become delivery partners with Amazon.
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 What happens if you don’t have a developer?
                </strong>
               </a>
               : BentoML scores $9 million in new funding to expedite an app that helps customers build AI services sans a skilled developer.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Hacking away
               </strong>
               : This
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Russian hacking device
               </a>
               is on track to make $80 million worth of sales, while hacktivists were busy in Fort Worth, Texas,
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                trying to steal government files
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <strong>
                 GDPR you ready for this?
                </strong>
               </a>
               : A civil liberties group in Ireland is giving its government the what-for over a proposed law change that would “muzzle” Big Tech critics.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Don’t forget about these:
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                YouTube reportedly experimenting with online games
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                TreasurySpring raises $29M to expand its investment platform aimed at businesses with excess cash
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Schwank’s Portable Infrared Grill will massively elevate your cook-out game
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Lynk connects Palau’s off-grid islands with satellite texting
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Anduril’s teeing up to take larger defense market share with latest acquisition
               </a>
              </p>
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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">
                Don’t wait to identify your startup’s ideal customer personas
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Most early-stage startups don’t have a dedicated full-time CMO, and that’s OK.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               However, it’s still someone’s responsibility to capture user data, which is why growth expert Jonathan Martinez shared a guide with TC+ for developing ideal customer profiles (ICPs).
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               “By identifying your ideal customer personas first, you will find product-market fit faster and identify the right customers to sell to,” he writes.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Four more from the TC+ team
               </strong>
               :
              </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Coinbase execs: As global crypto policy grows, US has urgent need for legislation
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Q2 failed to bring a funding reprieve for web3 startups and unicorns
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                There are signs that it will be a hot secondaries summer
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Designers hated Figma’s collaborative design tool at first, but grew to love it
               </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="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <em>
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