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Welcome to the Daily Crunch for Monday, April 11, 2022! Today was the day that Elon Musk surprised us by saying he was not joining Twitterâs board, though at this point I think it is more of a âshame on meâ as we should stop being surprised by anything he does. Alex, luckily, took a closer look at whether we learned anything. Spoiler alert: âYes?â Completely unrelated in every way, Drew made a guest appearance over the weekend, pondering if social media is causing collective (re)trauma. Take a breath, go outside, you got this, we believe in you! Much love, Christine and Haje P.S. In case you were outside doing all that breathing this weekend, here are some of the things you might have missed: Coinbase suspends support for UPI payments in India just days after launch Mayfieldâs Arvind Gupta talks fundraising during a downturn The non-crypto world feels some FOMO with regard to its cap tables Newsletters: Fintech and mobility |
| Image Credits: Fitbit/Google |
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The TechCrunch Top 3 Fitbit pulls at our heartstrings: Google confirmed that its Fitbit wearables are now FDA-approved to detect atrial fibrillation, most commonly known as an irregular heartbeat, which can lead to stroke or heart failure. What will be different, we report, is that âthe new tech provides a more always-on approach to AFib detection, versus the periodic checks currently available through the Fitbit app.â How much is that AC in the window?: AC units are a pain in everyoneâs collective butts, and the team at Windmill wants to de-pain the experience by adding ease of installation and long-lasting appiness to the mix. The company just raised $10 million to expand beyond the thousands of units it has sold to date. Very cool. Inside the SailPoint buyout: Youâll see this down in Big Tech, too, but wanted to highlight Alex Wilhelmâs unpeeling of the onion layers into Thoma Bravoâs purchase of enterprise security products company SailPoint. Does the buyout bode well for unicorn exit prices? |
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Founded in 2018, Kindbody has raised $154.7 million to build a network of clinics providing fertility, gynecology, and wellness services. In a three-part series, reporter Rae Witte examined the company’s origins through interviews with founder Gina Bartasi, who explained why she felt called to pivot from fertility insurance to improving patients’ quality of care: âThere were just too many complaints from patients that as a call center at an insurance company, you couldnât help. So patients would call, and they would complain about the physician leaving them in the waiting room, or not returning their call, or taking a long time to answer the phone. But you cannot effectuate change; you couldnât really do anything.” Part 1: How compassion and inclusivity are helping Kindbody change the fertility industry Part 2: Why focusing on holistic care helped Kindbody triple its revenue in 2021 Part 3: Chipping away at the problems of reproductive healthcare, one patient at a time (TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.) Read More |
| Image Credits: Nigel Sussman |
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Big Tech Inc. Etsy sellers are crafting a strike: Starting today, more than 14,000 Etsy sellers planned to strike in protest of the platform raising its transaction fees from 5% to 6.5%, which for some sellers could mean relinquishing over 20% of the transaction to Etsy. Organizers amassed over 48,000 signatures from both buyers and sellers who are asking Etsy to âwork with sellers, not against us.â Lots oâ M&A activity today: As promised from above, Ron Miller was busy writing this morning, as three companies announced deals: Perforce Software said it will buy infrastructure automation company Puppet, which we reported had been looking for funding when the acquisition opportunity came along. Next, Thoma Bravoâs $6.9 billion acquisition of SailPoint will take the company private. Cybersecurity is a hot market right now, and this will be Thoma Bravoâs sixth acquisition in the field. And, finally, if you didnât believe us when we say the cyber industry was hot, then maybe Kaseyaâs acquisition of Datto, a disaster recovery company, for $6.2 billion will make you a believer. Lots oâ streaming news today, too: If you like the Netflix show âStranger Things,â there is a new experience coming to New York in May. Speaking of Netflix, just one âthumbs upâ is not going to cut it anymore, so use the âtwo thumbs upâ to say which shows you love versus merely like. For all you YouTube fans waiting for your picture-in-picture, the company wants you to know it will be âa matter of days.â |
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