Sun.Nov 13, 2022

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What goes up must come down

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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How to build a startup in a recession and downturn from a Techstars COO

Founder Bounty

In order to build a tech startup in a recession is difficult. If it was not difficult enough before the recession it will certainly be difficult now. Building a startup is difficult to process and you need to be ready for the hard things, by sacrificing your life and even your family for your business or company. No one knows how long the recession will last.

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The power pendulum is swinging back to employers, isn’t it?

TechCrunch

Tech layoffs may get worse before they get better — which means that the next few months will be full of companies trying to pivot their way to survival during this extended downturn. At least that’s what entrepreneur Nolan Church , who helped lead Carta’s 2020 layoffs as its chief people officer, thinks. He estimates that another 30,000 to 40,000 tech employees around the world will be laid off in Q1 2023 — a number that follows the more than 100,000 layoffs so far in 2022, according to layoffs

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Office Hours with Fredrik Haga of Dune : What is the Future of Web3 post-FTX?

Tomasz Tunguz

On November 29th at 9am Pacific Time, Office Hours will host Fredrik Haga , founder & CEO of Dune. Dune is the authoritative source of web3 data. For information on Decentralized Exchange activity , lending volumes , or even the current FTX account balances. I used Dune to make the State of Web3 Presentation. During this Office Hours, Fredrik & I will talk about. the importance of data in a decentralized world. the impact of the three major collapses this year : FTX, Luna, & ThreeArr

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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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GoFreight raises $28M to become the “Shopify of freight forwarding”

TechCrunch

Unicorn Flexport is revolutionizing the world of logistics , serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,” with backend software that makes their operations run more smoothly, and a frontend that lets them set up a storefront and p

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[Phantom Auto in Time] Phantom Auto Remote Operation Platform for Logistics

OurCrowd

Forklift operators can finally work from home. With Phantom Auto’s Remote Operation Platform for Logistics, drivers of warehouse and manufacturing facility vehicles sit at a computer outfitted with a steering wheel, pedals and other accessories. Read more here. The post [Phantom Auto in Time] Phantom Auto Remote Operation Platform for Logistics appeared first on OurCrowd Blog.

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Citi backs Indian SaaS startup Lentra as it plans to expand internationally

TechCrunch

India initially made its name in the tech world years ago when it staked out reputation as a key hub for business process outsourcing. Now that legacy has taken a very different turn in fintech with outsourcing of a very different kind, with the emergence of embedded finance technology. In the latest development, Lentra , an Indian embedded AI-based finance startup, has raised $60 million — a Series B that values the startup at “over $400 million,” D Venkatesh, the founder and CEO of

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Newsletter: OurCrowd passes $2B milestone

OurCrowd

Top investment opportunitie s OurCrowd celebrates $2B in commitments, 10th anniversary Startup of the Week: Cyfirma, leading external threat management platform Morocco’s Gaia Energy signs MoU with H2Pro at COP27 Volatus Infrastructure inks collaboration deal with Air EV NetOp keeps business networks up and running Hertz picks Ravin AI for AI-powered vehicle inspection pilot TytoCare launches Home Smart Clinic for primary care needs UAE orders autonomous drones from Airobotics for urban deployme

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The dilemma of Chinese startups going global

TechCrunch

One day in 2020, I published an article about a Chinese hardware maker which would have otherwise been a typical funding story. Instead, I got a complaint from its PR asking me to remove all mentions of “China” from the piece. The startup wanted to be called “American” on the basis of its having a small office in California. I declined, insisting on our duty to uncover relevant facts for readers.

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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.