TechCrunch Master Template TechCrunch Newsletter
| |
| Hello and welcome to Daily Crunch for November 11, 2021. Below we have the first news item I have seen in which a company not diving into crypto was met by cheers, so read on for some narrative violations. In TechCrunch news, Rocket Labâs Peter Beck is coming to TC Sessions: Space 2021, which has me hype! â Alex Read More |
| | Image Credits: TechCrunch |
|
|
The TechCrunch Top 3 Discord backtracks on crypto push: After tweeting out a screenshot of NFTs inside of Discord, the social chat company said that it has âno current plans to ship this internal concept.â Given that every brand with a pulse is trying to smear crypto magic all over itself, the Discord community backlash to crypto integration feels notable. The public is now at risk:Â Todayâs tech boom is different from the dot-com eraâs own period of outlandish exuberance. But after a long run of rich valuations and revenue-light companies being mostly constrained to the private market, weâre seeing more risk spill into the pockets of the investing public. Itâs something to worry about. GoTo raises $1.3 billion in pre-IPO deal:Â The hybrid of Indonesian ride-hailing giant Gojek and e-commerce player Tokopedia is not shy about adding funds to its accounts ahead of its public debut. And it could be worth around $30 billion after this latest infusion of cash. When GoTo does in fact go to the public markets, its IPO will make waves around the world. |
| | Image Credits: Discord |
|
|
| |
Startups/VC Before we dive into a whole mess of startup news, letâs talk about SoftBank. After its first Vision Fund wound down â though results are still trickling in from that particular capital vehicle â it seemed that Tiger and other groups took SoftBankâs leading-investor mantle. But the Japanese telco and investing powerhouse has put $3 billion into India this year alone and could do more next year. That says quite a lot about Indian startups and about SoftBank itself. Stripe for debt: Thatâs what Sivo is building it appears, by offering access to debt via an API. Stripe, of course, has generated oceans of revenue by offering payments as a service via an API along with a growing stable of fintech products. In essence, Sivo should be able to help startups offer debt products without having to use their own balance sheet as their funding source. Why is everyone obsessed with collectibles? I donât know, but alternative asset investing is still putting up impressive growth. We can tell that thanks to Alt raising a $75 million round today. Itâs currently a platform for buying and selling rare sports cards, or what you might prefer to refer to as IRL NFTs. Instacart wants to bring you groceries tomorrow: Grocery delivery unicorn Instacart is rolling out lower-fee, next-day delivery and partnering with dollar stores for more goods. DoorDash, another delivery company, is also expanding its product remit. Uber Eats as well. It appears that every delivery company wants to deliver pretty much everything, in time. Ro wants to freeze your swimmers:Â Troubled health unicorn Ro â parent company of well-known ED pill slinger Roman â is in talks to buy sperm storage company Dadi, TechCrunch reports. The expansion into sperm management makes sense given that the company has already done the work to ensure that folks are able to produce said material. More money to help folks buy, sell houses more quickly:Â It seems that every market will have a few startups that want to make the process of buying and selling homes easier. Because itâs an awful experience everywhere, I suppose. Todayâs example is Chilean proptech startup Houm, which has just raised a $35 million Series A. Helium Health buys Meddy: In a notable bit of M&A, Nigeria-based Helium Health is buying UAE-based doctor-booking platform Meddy. Terms were not disclosed, but the transaction underscores how quickly the African and Middle Eastern startup markets are maturing. Todayâs Tiger deal is Hive:Â Berlin-based Hive provides software to help DTC brands manage fulfillment. The company just raised a $34 million round, which might sound small but the company had raised $10 million prior to the new investment. And in case you forgot about SPACs, smart building tech concern Brivo intends to ride one to the public markets, giving itself an $800 million valuation. |
|
|
|
| The advent of new privacy regulations in Europe, California and other regions has forced online marketers to rethink their basic practices. Instead of surreptitiously skimming intelligence via cookies and invisible pixels, what if marketers just asked consumers for relevant details that would personalize their shopping experience? “Think of the kind of things youâd tell a store associate helping you find the right gifts to purchase for your family,” says Ben Parr, president and co-founder of Octane AI. “Thatâs zero-party data.” In a highly detailed post with multiple examples, he shares different methods for collecting zero-party data to drive dramatically higher conversions and engage customers. (TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.) Read More |
| | Image Credits: Paper Boat Creative / Getty Images (Image has been modified) |
|
|
| |
TechCrunch Experts TechCrunch wants you to recommend growth marketers who have expertise in SEO, social, content writing and more! If youâre a growth marketer, pass this survey along to your clients; weâd like to hear about why they loved working with you. If you’re curious about how these surveys are shaping our coverage, check out this article on TechCrunch+ from Ben Parr, âCollect and leverage zero-party data to personalize marketing and drive growth.â If you have any questions, join a live chat with the author on Wednesday, November 17 at 3 p.m. PST/6 p.m. EST when he joins Walter Thompson for a Twitter Spaces event hosted by the TechCrunch account. |
| | Image Credits: SEAN GLADWELL / Getty Images |
|
|
| |
Newest Jobs from Crunchboard | | |
|
|
| |
| |
