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By
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and
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Haje Jan Kamps
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Monday, August 15, 2022
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Hello, Crunchers! Wait, that’s kind of a weird nickname, as if you’re munching on granola. What should we call y’all?
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Never mind that. Tomorrow, we’re running a Twitter Spaces where
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Jacquelyn
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and
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Anita
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are talking about what’s new in the world of crypto with
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Ryan Selkis
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. It’s at 1:00 p.m. PDT, and you can easily
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.
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Have an awesome week! —
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Christine
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and
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Haje
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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>
It’s getting hot in here
</strong>
</a>
: Software aimed at helping small businesses take online orders is on fire right now, and Meta is fanning the flames with a new investment in Take App — the Singapore-based startup that is providing simple tools for merchants to create a website and begin taking orders via WhatsApp,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Paul
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
<strong>
Picturing Jared Leto’s next move
</strong>
</a>
: WeWork founder Adam Neumann didn’t have to look too far for his next investment check. Andreessen Horowitz just handed him $350 million for his new company, Flow, a residential real estate company,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Anita
</a>
writes. This amount, we are told, is the largest individual check a16z has ever written…and it went to Neumann, who
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
the firm backed in May
</a>
for another of his companies, Flowcarbon. If you’re shocked, you are not alone.
</li>
<li style="margin-bottom: 8px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<strong>
A little .bit country, a little .bit rock
</strong>
<strong>
‘n’ roll
</strong>
</a>
: Four Tencent veterans started .bit to become the universal identification system in web3. After registering over 110,000 accounts in the past year, the startup is now armed with $13 million in new funding and a goal of promoting .bit for decentralized autonomous organizations,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rita
</a>
writes.
</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">
Guide: What is SOC 2 and Why Do Startups Need It
</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">
Laika
</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">
To close deals, your business needs SOC 2. But getting compliant is complicated, time-consuming, and costly. Uncomplicate SOC 2 with our guide for growth-minded founders. Learn how to turn compliance from a pain point into a competitive advantage.
</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">
Download Here
</a>
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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">
Perhaps a surprise story on a tech site, but we closed out the week with some levity last week, as a bunch of our writers got into a discussion about
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
what the best Taylor Swift song
</a>
is. Because of course, our #watercooler discussion spills out onto the site from time to time.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Manhattan and Brooklyn are teeming with activity. It’s electrifying to be there after years spent relatively locked down,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Connie
</a>
writes, and asks herself if
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
it might be time for companies in San Francisco to call employees’ bluff
</a>
.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
More news and analysis from your friendly neighborhood team of tech reporters:
</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>
Boxed shrimp in your lunch box
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Christine
</a>
reports that your
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
future shrimp meal could come from Atarraya’s farming technology
</a>
. The company raised a $3.9 million in Series A.
</li>
<li style="margin-bottom: 8px">
<strong>
Hello, how may I help you?
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
E-commerce customer support
</a>
is big business; Gorgias raised $30 million in new Series C capital in a round that boosted its valuation to $710 million,
<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>
Bit(go) off more than they could chew
</strong>
: BitGo is demanding $100 million in damages after
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Galaxy Digital calls off its $1.2 billion
</a>
acquisition,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Manish
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
Be free, dall-eeee
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kyle
</a>
reports that Stability AI
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
is setting a DALL-E 2–like AI free, consequences be damned
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Get better, better
</strong>
: Roon invites you to skip Google and WebMD, giving
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
patients freshly sourced info on their conditions
</a>
, reports
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Andrew
</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">
The subscription pie is getting bigger: How to leverage usage-based billing
</a>
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
More than half of all SaaS companies plan to roll out usage-based billing by next year, according to Chargeable CMO Sanjay Manchanda.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
To help founders capitalize on this trend, he wrote a TC+ guest post identifying some of the ways companies are evolving as they strive to copy the success of firms like Twilio, Snowflake and Frog.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
“Subscriptions are not going anywhere,” says Manchanda. “They have been around since at least the 17th century for a good reason — people like them.”
</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>
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<em>
You can sign up here
</em>
</a>
<em>
.)
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</p>
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Read More
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<img alt="The subscription pie is getting bigger: How to leverage usage-based billing image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2022%252F08%252FGettyImages-914249022.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1oNiAb:9ZuHAa3_sQvfOsDhE1iTvfEUFwQcD-5I71xxfbLTTr8" style="display: block; font-family: sans-serif; font-size: 16px; color: #fff; height: auto;" width="600"/>
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Image Credits: Alexey Dulin / EyeEm / Getty Images
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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">
VinFast is stepping on the gas pedal
</a>
, or shall we say electric pedal, to give those who preorder one of its vehicles a $7,500 rebate even though the U.S. government changed its federal tax credit rules regarding electric vehicles, which makes the deduction a bit more difficult to get,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Haje
</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">
And the car talk doesn’t stop there. Porsche is now joining other car makers in
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
signing solar energy deals
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jaclyn
</a>
writes. The luxury car maker signed a 25-year deal with Cherry Street Energy in Georgia just days after
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ford announced its deal for solar energy
</a>
.
</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>
Making it rain for Snapchat+
</strong>
: In under two months,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Snapchat+ crossed 1 million subscribers
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ivan
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<strong>
Ride-hail loyalty comes at a price
</strong>
:
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Uber is phasing out its free loyalty program
</a>
in favor of its subscription-based Uber One membership,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rebecca
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
Hackers and researchers and cybersecurity, oh my!
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Black Hat and Def Con 2022
</a>
wrapped up last week, and
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Carly
</a>
has more on what you might have missed.
</li>
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Newest Jobs from Crunchboard
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Software Developer at MedLab2020, Inc. (Irvine, CA, USA)
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2 years, 12 months ago - newsletter@techcrunch.com
Meta backs SMB e-commerce app launched by former Facebook engineering manager
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