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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

T he startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. Coinbase’s direct listing alters the landscape for fintech and crypto startups. Spring Labs is one of them.

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EnquireLabs aims to pull back the curtain on consumer behavior

TechCrunch

This is where he says the differentiator is between his company and the incumbents, like Momentive/SurveyMonkey or Typeform, which focus more on the research space, while EnquireLabs is focused on how to put the data to use in real time.

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Why Startups Should Establish Qualifying Signals for Sales Teams Early On

Tomasz Tunguz

Internal data points are critical additions: adoption of new infrastructure technology, dissatisfaction with an incumbent vendor, budget availability, or a new project or initiative. This data collection is one reason salespeople are critical to many sales processes.

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This startup wants to train art-generating AI strictly on licensed images

TechCrunch

Generative AI’s flaws — a tendency to regurgitate the data it’s trained on and, relatedly, the makeup of its training data — continues to put it in the legal crosshairs. This startup wants to train art-generating AI strictly on licensed images by Kyle Wiggers originally published on TechCrunch

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Affirm and Klarna ramp up competing efforts to attract US consumers

TechCrunch

It processes hundreds of billions of dollars each year for “every size of business — from startups to Fortune 500s.” But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. Perhaps it dodged a bullet?

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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

US rule changes could mean more startups would need government approval to hire immigrants. Congressional committees have held scores of hearings, lawsuits have been filed and legislation has been introduced to regulate privacy and data collection. Acquisitions are an important element of the startup ecosystem.

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Decrypted: Apple and Facebook’s privacy feud, Twitter hires Mudge, mysterious zero-days

TechCrunch

Until yesterday, Biden’s presidential transition team was stuck in cybersecurity purgatory because the incumbent administration refused to trigger the law that grants the incoming team access to government resources, including cybersecurity protections.