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         By
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          Christine Hall
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         Thursday, August 04, 2022
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               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Haje
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               and I are swapping places for the next two days while he gets some much-needed rest. While he’s away, please enjoy his latest
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                Pitch Deck Teardown on Glambook
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               . In the meantime, TechCrunch Disrupt is coming closer:
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                Meet the final five Disrupt Audience Choice roundtable winners
               </a>
               , and if you are a student,
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                enter our video competition
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               for a chance to win a free pass.
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               And don’t forget, applications close tomorrow for Startup Battlefield 200! Apply today to join Startup Battlefield 200 for the chance to exhibit your startup for free at TechCrunch Disrupt this October and win the $100,000 equity-free prize. Applications close August 5. Be sure to get your applications in by tomorrow!
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                Apply today
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               .
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               See you tomorrow! —
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                Christine
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               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">
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                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Tooling around
                 </strong>
                </a>
                : Two years ago, two former Palantir engineers started Kurtosis, a crypto-focused developer tool system, and have now raised $20 million in fresh funding to hire a team to get a new product out in the next year,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Jacquelyn
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  Strapping on some capital
                 </strong>
                </a>
                : Argentine fintech Geopagos leaves the bootstrap life behind as it takes in $35 million in new capital to help businesses launch their own financial services products,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Mary Ann
                </a>
                writes.
               </li>
               <li style="margin-bottom: 8px">
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 <strong>
                  ‘Snap’ping into some share buybacks
                 </strong>
                </a>
                : Moves by Snap and Airbnb to buy back shares amid slower growth has
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Alex
                </a>
                raising his eyebrows and looking under the hood to see what’s going on.
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              </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">
                Cars Are Changing - How Does Lidar Help Automakers Evolve?
               </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">
                Cepton
               </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">
                Safety should come hand-in-hand with autonomous driving. Lidar is fast becoming an essential auto part in future cars. Learn how usable, scalable lidar solutions can help automakers make safety the standard across all levels of autonomy.
               </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">
                Learn More
               </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">
               Lots of startup news again today, so let’s dig in. First,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Natasha M
               </a>
               brings us some additional layoff news from On Deck, which is
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                cutting another third of its staff
               </a>
               after cutting a quarter a few months ago. For those of you who can add fractions, that’s a lot, right?
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               We enjoyed reading
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Becca
               </a>
               ’s investor survey story, where she
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                interviewed six first-time fund managers
               </a>
               about their approach to weathering the downturn.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Also, buy now, pay later is still more prevalent in the world of consumers (see
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Anita
               </a>
               ’s funding story on
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Halliday
               </a>
               ), but businesses want in on the fun, too. That’s where
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Kontempo comes in with $30 million
               </a>
               and its approach to enabling sales teams to approve credit,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Kyle
               </a>
               reports.
              </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>
                 An app a day keeps the ads away
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 No one likes pop-up ads
                </a>
                , and a new app, Banish, feels you,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Sarah
                </a>
                writes.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Connecting content to people
                </strong>
                : Clutch closed on some early-stage funding to
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 match creators with businesses
                </a>
                that need content,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Dominic-Madori
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Rill good
                </strong>
                : Rill, a business dashboard tool,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 talks for the first time
                </a>
                about a new round and its product that embeds database and instant user experience,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ron
                </a>
                writes.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 An offer they couldn’t refuse
                </strong>
                : MiroBio, a startup developing treatments for autoimmune patients,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 accepted an offer to be a part of Gilead Sciences
                </a>
                for $405 million,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Paul
                </a>
                reports.
               </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">
                From NDA to LOI: What really happens when your startup is being acquired?
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Last week, VP and managing director of Dell Technologies Capital Yair Snir shared an article explaining
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                why founders should plan on getting acquired
               </a>
               , particularly since their odds of going public are so long.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               In a follow-up, he takes readers inside the postacquisition integration period/process:
              </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">
                The shopping sprint
               </li>
               <li style="margin-bottom: 8px">
                The road to an LOI
               </li>
               <li style="margin-bottom: 8px">
                Bringing in bankers
               </li>
               <li style="margin-bottom: 8px">
                Diving into due diligence
               </li>
               <li style="margin-bottom: 8px">
                Defining “day one”
               </li>
               <li style="margin-bottom: 8px">
                You’ve been acquired!
               </li>
              </ul>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               “While IPOs may get more headlines, a well-timed, well-planned acquisition can mean even larger opportunities for you, your team and the technologies you’ve built,” says Snir.
              </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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               Big Tech Inc.
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               When it comes to cryptocurrency, BlackRock is now saying, “Why beat them when you can join them?”
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Anita
               </a>
               writes about
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                the asset managing giant joining forces with Coinbase
               </a>
               to provide its clients with access to crypto, initially Bitcoin. And speaking of Coinbase,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Jacquelyn
               </a>
               and
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Alex
               </a>
               write for TechCrunch+ on why that partnership, and others Coinbase has, is
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                delighting investors
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               In the realm of social media, we enjoyed
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Amanda
               </a>
               ’s story where she
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                spoke with Patreon CEO Jack Conte
               </a>
               on why Instagram and Facebook are on his list, and not in a good way. And
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Aisha
               </a>
               tells us what’s up with some
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                new Clubhouse features
               </a>
               .
              </p>
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                <strong>
                 Car talk
                </strong>
                : Volkswagen is gearing up to roll out a
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 cheaper version of its 2023 ID.4
                </a>
                later this year,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Kirsten
                </a>
                writes. Meanwhile,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Rebecca
                </a>
                brings us stories on
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 UFODrive
                </a>
                , a European electric vehicle rental startup, debuting in San Francisco, and what’s happening with
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Lyft employees
                </a>
                following some layoff news.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Wally World layoffs
                </strong>
                : Inflation has even the largest of companies examining their budgets, and in this case,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ivan
                </a>
                reports that
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                 Walmart cuts 200 corporate employees
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Samsung in key of G
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ivan
                </a>
                also writes about
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Samsung bringing Amazon Luna games
                </a>
                to its smart TVs and monitors, while
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Brian
                </a>
                highlights
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                 what goodies Samsung might announce
                </a>
                at next week’s Unpacked event.
               </li>
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                <strong>
                 Streamers away
                </strong>
                : In today’s streaming news,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Tage
                </a>
                reports on
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Amazon Prime Video
                </a>
                launching a local service in Nigeria, while
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Lauren
                </a>
                writes about
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 SoundCloud
                </a>
                announcing some layoffs and
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Paramount+
                </a>
                having a good quarter in terms of subscriber count.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Giving back, just not in the way they wanted
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Manish
                </a>
                reports that the
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 State Bank of Pakistan ordered fintech startup Tag
                </a>
                to refund all funds to customers, “citing violation of regulatory requirements and ‘other concerns,’ posing existential questions on the startup’s future.”
               </li>
              </ul>
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