Wed.Nov 09, 2022

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Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a year ago. That’s a 74% decrease. What kind of winter is this — are we seeing a crypto cold snap or crypto permafrost?

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Identifying Blind Spots: How to Make a CEO Successful in the Role

The Seraf Compass

Being CEO is one of the loneliest jobs in the world. As CEO, you are ultimately held accountable for the success or failure of the company. Your employees and their families depend on you for their income. Customers depend on you to solve important problems for them. Shareholders depend on you to deliver the promised return on investment. When times are good and the company is growing and profitable, it’s a great job to have.

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Equals secures $15M investment to supercharge spreadsheets

TechCrunch

Equals , a New York-based startup ambitiously aiming to challenge Excel’s dominance with a supercharged spreadsheet, today announced that it raised $16 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Craft Ventures, Box Group, Worklife and Combine. Co-founded by Ben McRedmond and Bobby Pinero, two former Intercom employees, Equals claims its spreadsheet is one of the few with built-in connections to databases, versioning and collaboration feat

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Investing in Equals

Andreessen Horowitz

VisiCalc, the first computer-based spreadsheet, was launched in 1979. For the first time, this brought data analysis and computing together, in a way thousands of times more powerful than pen and paper. While VisiCalc is no longer around, the … The post Investing in Equals appeared first on Andreessen Horowitz.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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Akamai leads $38M round in Macrometa as the two strike partnership

TechCrunch

Edge computing cloud and global data network Macrometa has raised $38 million led by Akamai Technologies , as the two announce a new partnership and product integrations. The funding also included participation from Shasta Ventures and 60 Degree Capital. Akamai Labs CTO Andy Champagne will join Macrometa’s board. Macrometa founder and CEO Chetan Venkatesh told TechCrunch that its GDN enables cloud developers to run backend services closer to mobile phones, browsers, smart appliances, connected c

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Google and Twitter veteran maps out a Twitter alternative

TechCrunch

Twitter’s new CEO and owner Elon Musk is rattling the cage at his social network and ruffling a lot of feathers both inside and outside of the company. But while some in the tech world describe that kind of chaos as a garbage fire, others see it as something very different: an opportunity. Years-old federated social networks, legacy social platforms that have their own issues and a cacophony of pre-existing fringe efforts are all emerging as possible alternatives to Twitter.

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[Intuition Robotics in PR Web] Intuition Robotics selected as a 2022 Red Herring Top 100 Global Winner

OurCrowd

Intuition Robotics, the developer of the award-winning care companion robot ElliQ, announced today it has been named to Red Herring’s Top 100 Global Companies of 2022. The Red Herring Top 100 recognizes the leading private companies from North America, Europe, and Asia, celebrating these startups’ innovations and technologies across their respective industries.

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Why mobile subscription management platforms are enjoying tailwinds

TechCrunch

Game engine company Unity and adtech company IronSource finalized their merger this week, aiming to “create an end-to-end for developers to build and monetize games,” TechCrunch reported. While there’d be a lot to say about the deal from the perspective of game developers, we’d like to look at this from a different angle and wonder who might one day do the same, but for non-gaming apps.

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[OurCrowd in Forbes] Israel’s most active venture investor OurCrowd reaches $2 billion investment commitments

OurCrowd

Global venture investing platform OurCrowd announced today it has passed $2 billion in investment commitments. Read more here. The post [OurCrowd in Forbes] Israel’s most active venture investor OurCrowd reaches $2 billion investment commitments appeared first on OurCrowd Blog.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Gaming company Kabam lays off 7% of its workforce to better align with goals

TechCrunch

Kabam , the gaming company that has developed mobile games in partnership with entertainment brands including Disney, Marvel and Universal, has laid off about 7% — around 35 people — of its workforce, TechCrunch has learned from sources and confirmed with the company over email. The Vancouver-based company informed the affected employees about the move earlier this week, a person familiar with the development said. “As we at Kabam reviewed our strategic priorities, we made the decision to

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The Reality of Being a Founder and VC

Entrepreneur's Handbook

From a Y-Combinator Founder and ex-Softbank Investor Continue reading on Entrepreneur's Handbook ».

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With new capital, Adapty is betting it can help app devs make more money

TechCrunch

Mobile developers earned more than $260 billion on Apple’s App Store between its launch in 2008 and the end of 2021. And yet, Apple doesn’t provide an easy way for companies to maximize how much they make from their apps — and neither does Google, which owns the rival Google Play Store. Enter New York City-based Adapty , which hopes to help developers earn more from their apps.

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Building Helios: Fully trustless access to Ethereum

Andreessen Horowitz

… The post Building Helios: Fully trustless access to Ethereum appeared first on Andreessen Horowitz.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Celonis can now map multiple processes and present them in subway-style map

TechCrunch

Celonis has made a big impact since it launched in 2011, raising $2.4 billion along the way. Its most recent investment, a $1 billion raise in August , was on a $13.2 billion post-money valuation, the kind of money you haven’t been seeing in 2022. The company has primarily made its reputation by using software for process mining, figuring out how work flows through a business and finding ways to make it more efficient.

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Hiring is our most important job

Mark MacLeod

Many companies say that their people are their greatest asset. This sounds nice. But for starters, your staff are not an asset. They are portable. More so than ever. They come. They go. But this statement does hint at the […].

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3 tips for managing a remote engineering team

TechCrunch

Greg Soh. Contributor. Share on Twitter. Kuan Wei (Greg) Soh is a technology entrepreneur and angel investor who enjoys building world-class technology teams. Previously, he worked in financial services, the hedge fund industry and at high-growth startups. Remote work is not for every business and it may not be everyone’s cup of tea. When my co-founder and I decided to build a distributed engineering team for our startup, numerous questions raced through our minds: Will they be productive?

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How to Make Money in a recession in 2023

Founder Bounty

So a recession is coming and you need to figure out a way to get paid and start a side hustle and get yourself a passive income. We have put together a list of things you could do. Things will be worse quickly and its time to get prepared. 1) Start a business It's damn hard so don't take a lightly. The risk of failing is huge. Make sure to understand the risks - It may be well and true that working a side job or going into a smaller job will be easier then starting a join a company - i

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Power up with our partners at TC Sessions: Crypto

TechCrunch

We’re packing our bags and getting pumped about flying to Miami for TC Sessions: Crypto on November 17. What about you? Don’t miss your chance to rub elbows with the kings and queens of blockchain, cryptocurrency, DeFi, NFT and web3 — the current rulers and the up-and-coming contenders for the crown. Buy your pass today and join the royal courtiers of the cryptoverse.

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[Lemonade in Business Wire] Lemonade to hold Investor Day on Tuesday, November 15

OurCrowd

NEW YORK–(BUSINESS WIRE)–Lemonade, Inc. (NYSE: LMND) will hold an in-person Investor Day on Tuesday, November 15, 2022 in New York City. Read more here. The post [Lemonade in Business Wire] Lemonade to hold Investor Day on Tuesday, November 15 appeared first on OurCrowd Blog.

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Tech layoffs may get worse before they get better

TechCrunch

Hello and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we n iche down to a single person, think about their work and unpack the rest. This week, Natasha interviewed Nolan Church , the CEO and co-founder of Continuum, about his perspective on the tech layoff wave.

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[Tovala in PR Newswire] Tovala kicks off the holiday season with a chance to check cooking off your to-do list for an entire year

OurCrowd

CHICAGO, Nov. 9, 2022 /PRNewswire/ — The holidays are one of the busiest times of the year for many people. In fact, nearly half of Americans, 49 percent, say they feel they have ruined a holiday season by taking on too many responsibilities, according to a recent study by Wakefield Research1, on behalf of Tovala, the connected food company that makes cooking as simple as scanning a QR code.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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The bottom keeps dropping for software valuations

TechCrunch

Another day, another 52-week low. It seems that instead of finding fresh support, the value of software companies keeps discovering new basement levels to descend into. This afternoon, software stocks were off 3% or so, while the broader Nasdaq composite was down around 2% in mid-afternoon trading. The dramatic collapse in the value of software stocks has been a key story starting when the trend began in late 2021.

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[Ravin AI in PR Newswire] Hertz and Ravin AI Partner on AI-powered Vehicle Inspection Pilot

OurCrowd

TEL AVIV, Israel and STOCKHOLM, Nov. 9, 2022 /PRNewswire/ — Ravin AI, a leader in AI-powered visual inspection across the fleet, rental, used car and insurance industries, announced today that its artificial intelligence technology is being piloted by Hertz (HTZ), one of the world’s largest car rental brands, in Sweden and Norway. This partnership will improve inspection efficiency, objectivity and standardization across Hertz’s operations, as well as improving customer experie

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Airly fights air pollution with a network of affordable sensors

TechCrunch

Cleantech startup Airly wants to help communities around the world improve air quality with affordable sensors and software that provides actionable insights. Based in London and Krakow, the startup announced today it has raised $5.5 million. The round was led by firstminute capital and Pi Labs, with participation from returning investors like the Sir Richard Branson Family Office, AENU and Untitled.

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[Airobotics in PR Newswire] Airobotics deploying automated urban drone infrastructure in the UAE

OurCrowd

PETAH TIKVAH, Israel, Nov. 9, 2022 /PRNewswire/ — AIROBOTICS Ltd. (TASE: AIRO) (“Airobotics” or the “Company”), which collects and analyzes aerial data via its automated drone infrastructure, has announced it is supplying additional drone systems and services to a UAE government entity. This represents the next step towards a larger fleet deployment by that government entity, to extensively install the Optimus Urban Drone Infrastructure, developed by Airobotics.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.