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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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         Wednesday, April 19, 2023
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               Helloooooooooo, midweek Crunchers! Today, we are pretty excited about life in general. Also, is your company still in stealth?
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Apply to Startup Battlefield 200
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               anyway — and announce your public debut at TechCrunch Disrupt!
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               See you at TechCrunch Early Stage in Boston tomorrow?  —
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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 style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 <strong>
                  More Meta layoffs
                 </strong>
                </a>
                : Reports suggest that Meta is planning to cut another 4,000 jobs this week,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Rebecca
                </a>
                writes. If you are keeping track at home, this is in addition to an announcement made in March to cut
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 10,000 jobs
                </a>
                and
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 11,000 jobs
                </a>
                that were cut in November.
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 <strong>
                  And the winner is…
                 </strong>
                </a>
                : Amazon tops LinkedIn’s list of best places to work, and
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ingrid
                </a>
                writes that jobseeker priorities have shifted to workplace culture, concluding that “the big question is whether or not factors like cultural values are a sign of our times, or if these parameters will remain permanent priorities among jobseekers, changing the bigger picture for how recruiters can capture the best talent — and indeed what ‘talent’ will look like — in the future.”
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 <strong>
                  Bay-be real, doo doo doo doo doo doo
                 </strong>
                </a>
                : The curtain is really coming down on the lives of BeReal users, who can now include what they are listening to on Spotify when they post,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Aisha
                </a>
                reports.
               </li>
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               <a style="color: #777; text-decoration: none" target="_blank">
                Campaign Closing – Invest in Blendid Now
               </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">
                Blendid
               </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">
                Blendid’s robotic and AI-enabled food platforms are changing the way we access healthy food! Blendid’s first product, a robotic smoothie kiosk, is already available in universities, hospitals, and retail stores. Click to learn more and invest.
               </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">
               Many apps today assume that data lives in only one location, typically a single cloud database. But the reality is more complex,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Kyle
               </a>
               reports. Thanks to the proliferation of mobile devices and cloud infrastructure — the latter of which accelerated during the pandemic — apps now need to store and process data in more places, from the edge to the public cloud.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Ditto to the rescue
               </a>
               so companies can keep it all in sync.
              </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 was just one fintech unicorn birth in the entire quarter
               </a>
               . This is the first time that has happened since the end of 2016. The only unicorn born in Q1 was Egypt-based MNT-Halan, which in early February raised $260 million in equity financing at a $1billion valuation,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Mary Ann
               </a>
               and
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Christine
               </a>
               report in their look back at the first quarter of the year.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               And we have five more for you:
              </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>
                 Look who’s talking now
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Stability AI releases ChatGPT-like language models
                </a>
                , reports
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Kyle
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Best Scoot
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Unagi secures Best Buy as e-scooter subscription partner
                </a>
                ,
                <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>
                 Here, catch! *throws keys*
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Mary Ann
                </a>
                reports that
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Opendoor alums raise $15 million for Kindred, a home-swapping network
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 It’s all fun and games until the AI goes sentient
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Cortical Labs raises $10 million
                </a>
                for its Pong-playing stem cells that eventually could power AI,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Mike
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 One-stop stop-shop
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Coro raises $75 million at a $575 million valuation
                </a>
                to grow its all-in-one cybersecurity platform,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ingrid
                </a>
                reports.
               </li>
              </ul>
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               <a style="color: #14c435; text-decoration: none" target="_blank">
                Software investors must (re)learn these 3 ideas before getting into deep tech
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Because VCs turned “software investing into a low-margin finance game,” it might be a net positive that so many are “unable to move forward and invest in the next big thing: deep tech,” says Champ Suthipongchai, co-founder and general partner at Creative Ventures.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               A SaaS mindset just isn’t relevant for deep tech investment, which means traditional VCs must recalibrate their behavior (and expectations) before diving in.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               “Software investors’ founder-first mantra is simply wrong in the world of deep tech,” writes Suthipongchai. “This type of magical thinking is exactly why their software playbook is doomed to fail.”
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Three more alliterative articles from the TC+ team:
              </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>
                 Sophie steers student startup
                </strong>
                : Ask
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Sophie Alcorn
                </a>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Can I launch a startup if I’m in the US on a student visa?
                </a>
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Cultivating capable coffee currency
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Becca
                </a>
                reports that
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Blank Street cracked the code on making coffee shops attractive to VC
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Imagine intact internet identities
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Digital identities might be the best way to prove who you are online
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                , argues
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Jacquelyn
                </a>
                .
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                is our membership program that helps founders and startup teams get ahead of the pack.
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               Big Tech Inc.
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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">
               Tesla is price-checking all over the place. The electric vehicle company
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                cut prices again for the Model 3 and Model Y
               </a>
               so that those popular models are now under $40,000,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Rebecca
               </a>
               reports. We’re now watching to see how well those margins did in affecting Tesla’s first-quarter earnings, which are scheduled to come out later today.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               The consumer tech team covered the
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                Snap Partner Summit
               </a>
               today, and here are a few things they found out:
              </p>
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                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Snapchat opens its AI chatbot to global users
                </a>
                , by
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Sarah
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Snapchat launches AR Lenses powered by generative AI
                </a>
                , by
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Aisha
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Snapchat adds Public Stories, expands revenue share program for creators
                </a>
                , by
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Amanda
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Snapchat+ subscription now has more than 3 million users
                </a>
                , by
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ivan
                </a>
                .
               </li>
              </ul>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               And we have five more for you:
              </p>
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                <strong>
                 By request
                </strong>
                : Salesforce is working on
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 new generative AI-driven workflow tools
                </a>
                , reports
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ron
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Looks like someone found a loophole
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Carly
                </a>
                writes that
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Russian hackers found a six-year-old Cisco flaw
                </a>
                and are now exploiting it to target U.S. government agencies.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Speaking of attacks
                </strong>
                :Technology company NationsBenefits confirms that thousands of healthcare members had
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 personal data stolen in Fortra breach
                </a>
                ,
                <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>
                 A little help, please
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Jira and Confluence now have their own AI assistant
                </a>
                , reports
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Frederic
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 That’s a weight off our shoulders
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Withings’ new scale
                </a>
                is designed so that your weight doesn’t show on the screen but it will still track it in the app.
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Haje
                </a>
                has more.
               </li>
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