Mon.Oct 03, 2022

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Despite the venture slowdown, fintech startups are still hiring

TechCrunch

Welcome to The Interchange ! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon.

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A Venture Capitalist Told Me How He Decides Which Startups to Fund, and I Couldn’t Believe It

Entrepreneur's Handbook

The real reasons people invest in startups aren’t always what you’d think. Continue reading on Entrepreneur's Handbook ».

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AT&T talks driving innovation through collaboration at Disrupt

TechCrunch

We’re just a few short weeks away from the first in-person TechCrunch Disrupt in three years. The agenda is absolutely bursting with expert insight and information from the leading voices in the early-stage startup universe. We want to take a moment to highlight a session led by our title sponsor, AT&T , who helps more than 100 million people in the U.S. connect in meaningful ways every day.

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Just How Troubled is the Bay Area Startup Scene?

Tomasz Tunguz

There’s a prevailing narrative that the health of the Bay Area startup ecosystem faces challenges. San Francisco’s share of startup rounds by count has fallen from its perch ten years ago. But that’s not the full story. In 2021, San Francisco Bay Area startups raised $126b. In 2019, US startups raised $126.4b. In the span of two years, a region’s startups raised as much capital as all of the US.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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With $17M in funding, Immerok launches cloud service for real-time streaming data

TechCrunch

In 2011, the Apache Software Foundation released Flink, a high-throughput, low-latency engine for streaming various data types. A decade later, a startup called Immerok — founded by David Moravek, Holger Temme, Johannes Moser, Konstantin Knauf, Piotr Nowojski and Timo Walther — has developed an Apache Flink cloud service called Immerok Cloud, which is serverless — abstracting away the server management tasks needed to process streaming data.

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Prosus terminates $4.7 billion acquisition of India’s BillDesk

TechCrunch

Prosus has called off the $4.7 billion acquisition of BillDesk it announced last year, once slated as European technology giant’s largest acquisition, saying “certain conditions precedent” were unfulfilled in a surprising move a month after the proposed acquisition received an approval to proceed from the local antitrust watchdog. “Certain conditions precedent were not fulfilled by the 30 September 2022 long stop date, and the agreement has terminated automatically in acc

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6 Questions That Will Make You Rethink Your Business Idea

Entrepreneur's Handbook

An analytical checklist to make sure you have a killer concept Continue reading on Entrepreneur's Handbook ».

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Prosus cancels $4.7 billion acquisition of India’s BillDesk

TechCrunch

Prosus has scrapped the $4.7 billion acquisition of BillDesk it announced last year, once stated to be the European technology giant’s largest, saying “certain conditions” were unfulfilled in a surprising move a month after the proposed acquisition received from the local antitrust watchdog the approval to proceed. “Certain conditions precedent were not fulfilled by the 30 September 2022 long stop date, and the agreement has terminated automatically in accordance with its

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Is there a reason why most VC's don't have startup experience? Get yourself a mentor that does

Founder Bounty

Sifted has recently wrote an article about what makes the best technology venture capitalists. What makes YC so good at what it does, and why has it been so right so long and what you can do to adjust your busienss, get better mentors and investors that know your space inside out. YC - The backbone of startup investing. Billion-dollar founders and visionaries which can tell the future have proven time and time again that they make the best decision when it comes to startup investing.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Is Flex The Future?

GCUC

GCUC’s Liz Elam shares why the spaces that will thrive in the future are the ones that help humans connect + some tips to. The post Is Flex The Future? appeared first on GCUC Community.

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Is It A Computer Or A Car?

A VC: Musings of a VC in NYC

In the spring of 2014, I walked across the street from our apartment building to our parking garage to get our car and drive somewhere. I can’t recall where I was headed that morning. But as I walked into the garage, I saw two EV charging kiosks had been installed in our parking garage. I turned around and ran back to our apartment building, went back upstairs to our apartment, and told The Gotham Gal that we were getting a Tesla.

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The unicorn funding slump is worse than you thought

TechCrunch

Welcome to Q4, friends. If you were hoping to begin the final chunk of 2022 with good news, tough. We’re starting the quarter off with rough data instead. Sure, we’re waiting on data dumps from CB Insights, PitchBook, and Crunchbase about Q3 venture capital aggregates, but one particular bellwether indicator that we track here at The Exchange is flashing weakness as we stare down a holiday- and event -filled race to the end of the calendar year.

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How to Ensure Your Startup Builds Relevant Solutions to Real Problems

Entrepreneur's Handbook

A proven strategy to acquire customer knowledge Continue reading on Entrepreneur's Handbook ».

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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Wisk Aero reveals its market-ready, self-flying air taxi

TechCrunch

Electric vertical takeoff and landing (eVTOL) vehicle company Wisk Aero has unveiled its go-to-market aircraft: a four-passenger autonomous air taxi that the startup will put forward for U.S. Federal Aviation Administration type certification. Type certification, one of the three certifications an aviation company needs to secure before launching a commercial service, means the aircraft has to meet all of the FAA’s design and safety standards.

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District of Innovators: Takeaways From DC Startup Week

Revolution

This September, the metro area convened for DC Startup Week — a five-day, 180+program occasion hosting more than 11,000 entrepreneurs. The event showcased just how robust DC’s tech community has grown — but that wasn’t always the case. Just ask our Chairman and CEO, Steve Case, who built AOL in Northern Virginia in the 1990s. Over the next few decades, the company served as a tech engine throughout the region.

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Form Bio says now is the time to launch — despite cooling software sales

TechCrunch

As companies aim to cut costs and reel in spending amid uncertain macroeconomic conditions, Form Bio thinks it is actually the perfect time to launch its platform. The software company was developed at Colossal Biosciences — known for its goal to bring extinct critters like the wooly mammoth back to life — and is now striking out on its own. The software Form Bio developed is meant to bring a suite of workflow solutions to the computational biology space, which uses data and modeling to understa

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The Most Important Concept of 2022’s Startup Downturn is Not Just Surviving, But Staying “Default Investable”

Hunter Walk

VC David Sacks Was Right When He Said “Default Alive” Is a Trap. In New York City, altitude is attitude and the view from $100b+ fund’s office tower was certainly the equivalent of walking tall, shoulders back. I was visiting during a summer trip and catching up with a fellow investor, a few months into this market downturn. Especially having them involved with a handful of our portfolio companies I wanted to know, how would they be looking at follow-on opportunities — both offensively and defen

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Welcome to Q4, crypto fans and Tesla stans

TechCrunch

Hello and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Don’t forget that the code “EQUITY” can save you money on Disrupt tickets and TechCrunch+ access. And it makes us here on the show look good! Markets: Stocks are largely down around the world, yet set to rise here on American exchanges.

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24 hours left to apply to volunteer at TechCrunch Disrupt and attend for free

TechCrunch

It takes a veritable army to make TechCrunch Disrupt — which takes place October 18–20 in San Francisco — the well-oiled experience that savvy startuppers have come to know and love. And we couldn’t do it nearly as well without our incredible volunteers. If you’re looking for a no-budget way to experience Disrupt up close and personal, sign up to volunteer for work exchange.

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South African startup Talk360’s seed funding hits $7M after new backing

TechCrunch

Months after the initial close of its seed round, Talk360 , a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. Talk360’s latest investors include Allan Gray E2 Ventures (AGEV), Kalon Venture Partners, E4E Africa, Endeavor, existing lead investor HAVAÍC and a number of angel investors, including Tjaart van der Walt and Coenraad Jonker.

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3 guiding FinOps principles that will help you explain cloud costs to the board

TechCrunch

Liran Grinberg. Contributor. Share on Twitter. Liran Grinberg is the co-founder of Team8 and the managing partner of its investment fund, Team8 Capital, focused on investing in enterprise technology, cybersecurity, data and AI companies. Has the price tag for innovation become untenable? When venture-backed companies were chasing growth metrics, higher cloud bills were shrugged off as unavoidable.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Vodafone confirms merger talks with Three UK in a ‘no cash’ deal to scale up in 5G

TechCrunch

Another major piece of mobile M&A appears to be in the works in the U.K. Today, Vodafone confirmed that it was in merger discussions with Three UK, a carrier owned by CK Hutchison, to accelerate their 5G rollout. A deal would not involve any cash consideration, Vodafone said. “The envisaged transaction would involve both companies combining their UK businesses, with Vodafone owning 51% and our partner CK Hutchison owning 49% of the combined business,” it wrote in its official sta