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By
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Wednesday, January 04, 2023
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Hello, and welcome to the middle of the week. CES is starting tomorrow, so bookmark TechCrunch’s
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Christine
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The TechCrunch Top 3
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<strong>
Another round of layoffs
</strong>
</a>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Paul
</a>
has the latest on what’s happening over at Salesforce. The company said it had to cut its workforce by 10% — approximately 7,000 people — and will close offices in several markets. He checked out Salesforce’s SEC filing related to the matter and reported that CEO Marc Benioff stated the layoffs were a result of hiring “too many people leading into this economic downturn we’re now facing.”
</li>
<li style="margin-bottom: 8px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<strong>
Not so happy new year
</strong>
</a>
: More privacy fines and corrective measures greeted Meta as the calendar flipped to a new year. The company was hit with over $410 million in new fines from the European Union due to the number of “General Data Protection Regulation (GDPR) complaints over the legal basis [Meta] claims [it has] to run behavioral ads,”
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Natasha L
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<strong>
Get food, mail your packages
</strong>
</a>
: Now you can have your food and your packages too. DoorDash is launching a new service that will pick up prepaid packages and drop them off at a UPS, FedEx or USPS location,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aisha
</a>
reports.
</li>
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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">
The Johnson Cornell Tech MBA is for innovators like you
</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">
Cornell Johnson Graduate School of Management
</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">
Accelerate your success in tech with business, management, and teamwork skills. Based at the Cornell Tech campus in NYC, the one-year Johnson Cornell Tech MBA connects tech innovation with the entrepreneurial spirit of New York City—and beyond.
</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>
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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">
It’s Autodesk’s turn for a competitor, and Snaptrude wants to be it.
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
The startup took in some fresh venture capital
</a>
to take on the design giant in the building design space,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jagmeet
</a>
writes. Snaptrude wants to infuse better interoperability and cloud-based collaboration where others, like Autodesk, have lagged.
</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 four 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>
App-solutely too slow
</strong>
: If your mobile app can’t keep up, customers may keep away. Product Science, which
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
develops mobile app performance monitoring tools
</a>
, landed $18 million to find flaws in execution to minimize app freezes and errors,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kyle
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<strong>
It’s all so surreal
</strong>
: Also by
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Kyle
</a>
,
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
SurrealDB
</a>
joins a crowded managed database service industry, raising $6 million for its database-as-a-service approach.
</li>
<li style="margin-bottom: 8px">
<strong>
IP oh no
</strong>
: The market uncertainty that has plagued the online grocery delivery industry has caught up with South Korean grocery startup
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Kurly, which scrapped its IPO
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kate
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
“There’s a great future in plastics”
</strong>
: Singapore-based AlterPacks took in $1 million in pre-seed funding to
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
turn food waste into food containers
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Catherine
</a>
writes.
</li>
</ul>
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<a style="color: #14c435; text-decoration: none" target="_blank">
5 failure points between $5M and $100M in ARR
</a>
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Before Tracy Young was co-founder and CEO of TigerEye, she held identical roles at construction productivity software startup PlanGrid.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Even though she led the company to $100 million in ARR before its acquisition by Autodesk, “I’ve had years to dissect the mistakes I made with my first startup,” she writes in TC+.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Young looks back at “five key failure points” that are common potholes on every founder’s path and shares tactical advice for addressing internal conflict, losing product-market fit, and other stumbles.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
“If these reflections help even one founder make one less mistake, I would consider this effort worthwhile.”
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Two more 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>
No, no, not guilty was a good thing
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jacquelyn
</a>
spoke to some legal experts who say
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Sam Bankman-Fried was smart to plead not guilty
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Hype or ripe?
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Becca
</a>
queried 35 investors to get their
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
2023 predictions on a number of VC-related topics
</a>
, including capital deployment strategies, web3/crypto and what will happen with valuations.
</li>
</ul>
<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>
TechCrunch+
</em>
</a>
<em>
is our membership program that helps founders and startup teams get ahead of the pack.
</em>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<em>
You can sign up here
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<em>
. Use code “DC” for a 15% discount on an annual subscription!
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</p>
<p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
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<img alt="5 failure points between $5M and $100M in ARR image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2023%252F01%252FGettyImages-1208654444.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1pDCpC:PTmN9-xIIvWfcEE9aitzPvMvabJhhlMV8V_iVLqYJH0" 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: Javier Zayas Photography / Getty Images
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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">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Roku is expanding its product line
</a>
to include a range of 11 smart televisions that the company says it designed and built with its own services in mind,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Sarah
</a>
writes. And you won’t have to wait very long to get them — they will be available beginning in the spring.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Meanwhile, the TechCrunch team at the Consumer Electronics Show (CES) in Las Vegas filed 16 stories since yesterday evening.
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
You can find all of them here
</a>
, but I wanted to point out a few I’ve enjoyed reading so far:
</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">
Bird-watching fans can get their fill of hummingbird species sightings with
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Bird Buddy’s new smart hummingbird feeder
</a>
.
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Sarah
</a>
reports it can photograph and identify 350 different bird species.
</li>
<li style="margin-bottom: 8px">
“Urine” for a special treat with
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Haje
</a>
’s look at Withings’ U-Scan, which
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
puts a urine analysis lab in your toilet
</a>
.
</li>
<li style="margin-bottom: 8px">
If you’re looking for some toy nostalgia,
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
WowWee returns to robots with a dog named ‘Dog-E.’
</a>
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Brian
</a>
has more.
</li>
<li style="margin-bottom: 8px">
Who needs to just sit in cars staring out the window when you can pretend to be somewhere else? Holoride launches a new device
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
to bring VR entertainment to any vehicle
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kirsten
</a>
writes.
</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>
<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>
Something going down Down Under
</strong>
: In Twitter news,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Manish
</a>
reports that a lot of
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
users in Australia are experiencing service issues
</a>
. Meanwhile, the social network is said to be
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
reversing a political ad ban to bolster up its revenue
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ivan
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
Up up and away
</strong>
: Stellantis is set
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
to mass produce Archer’s electric aircraft
</a>
in an expanded deal that will give the company access to up to $150 million over the next two years,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kirsten
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
Time is on your side
</strong>
: Musical tastes change, so to document it, Spotify’s
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
new time capsule feature
</a>
will let you revisit your musical taste a year from now,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aisha
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<strong>
And yet some more layoffs
</strong>
: The new year was also not good for Vimeo, which had
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
another round of layoffs
</a>
said to impact 11% of employees,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Lauren
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<strong>
Settlement reached
</strong>
: New York financial regulators settled with cryptocurrency exchange Coinbase for a $100 million fine after finding it
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
violated anti–money laundering laws
</a>
by failing to conduct adequate background checks,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Amanda
</a>
reports.
</li>
</ul>
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Read more stories on TechCrunch.com
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Newest Jobs from Crunchboard
</h2>
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<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
IT Technology Analyst II at Pennsylvania Turnpike Commission (Middletown, PA, United States)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Business Process Specialist - Procurement at Pennsylvania Turnpike Commission (Middletown, PA, United States)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
IT Technology Analyst I at Pennsylvania Turnpike Commission (Middletown, PA, United States)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Information Security Officer at Los Angeles County Employees Retirement Association (Pasadena, CA, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Chief, Information Technology at Los Angeles County Employees Retirement Association (Pasadena, CA, USA)
</a>
</li>
</ul>
<p style="margin-top: 50px; margin-bottom: 30px; text-align: center; font-family: Helvetica, Arial;">
<a style="color: #14c435; text-decoration: none; font-size: 22px; font-weight: bold;">
See more jobs on CrunchBoard
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Post your tech jobs
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and reach millions of TechCrunch readers for only $200 per month.
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