TechCrunch Master Template TechCrunch Newsletter
| |
| On todayâs episode of our Equity podcast, the team dives in to ponder whether First Republicâs share tumble is a victim of SVB’s collapse, or whether thereâs something else in the water. Itâs well worth a listen â as ever! Another not-to-miss today is Jacquelynâs Chain Reaction newsletter, where she picks apart whatâs coming down the pike now that Binance.US sailed away from its $1.3 billion deal with Voyager. Happy weekend, kids. Donât do anything we wouldnât do. Although weâre pretty weird, so that leaves you with quite a few options, to be fair. And actually, you should do tons of things we wouldnât do. Like, er, go parasailing, listen to the world’s most annoying sound, or spend all day baking a cake. Or maybe create a new bluegrass/funk/j-pop fusion band, written by ChatGPT. â Christine and Haje |
| | Image Credits: John Lund / Getty Images |
|
|
The TechCrunch Top 3 The beginning of the end?: Alex caught wind of First Republic Bank’s share woes earlier today, writing that shares were down 40% on reports that the government may step in. He writes, âThatâs not so good for the bank, or its customers. While during SVBâs time in the barrel the U.S. government ensured that all of its deposits would be secure and accessible, there is no clear indication yet that that is new de facto policy, or that First Republic customers will enjoy similar protections.â Missing: Manish took a look at Amazonâs earnings and saw a glaring omission: the absence of its India business, which he notes is a first in years. All grown up: Brave Search doesnât use Bingâs index for its search engine anymore, reports Ivan. |
|
|
|
Startups and VC Dramaaaaaaaa. It isnât often that startup rivals battle in plain view of others, but such is the case with the mobile messaging services provider Postscript, which took to the Twitterverse earlier this month after receiving a cease-and-desist letter from competitor Attentive, Christine reports. Attentiveâs letter was in response to a client case study that Postscript had authored and posted on its website about nutrition company BUBS Naturals, which said BUBS Naturals left Attentive for Postscript after finding its list actually shrinking instead of growing, then battling with the company to move its list off its platform. To make services shariah-compliant, a new wave of fintechs doesn’t charge interest, embraces profit sharing and avoids alcohol and tobacco transactions, Catherine reports. And hereâs a nice little tail wind to take you into the weekend: Cloud growth slows to “only” 20%: The rumors of the cloudâs demise are not entirely accurate, Ron argues, noting that cloud infrastructure revenue growth dips to 19% in Q1 â but it still hits $63 billion for the quarter. Clubhouse makes an adjustment: Clubhouse needs to fix things, and today it cut more than half of staff, reports Natasha M. You want chaos? We got chaos: Amanda argues that Blueskyâs best shot at success is to embrace shitposting. Sorry, Chief: Natasha M reports that Chief, a professional network for women leaders, cuts staff amid restructuring effort. Listen up!: Over on TC+, the awesome Becca breaks down how startups can produce social content that actually resonates with the target audience. |
|
|
|
| Instead of drawing information from user interactions to create avatars representing actual customers, many teams will substitute their own judgment and guesses about what people like and dislike. Impartner VP of product Gary Sabin says his company âdove into the numbersâ and âlooked at 250 data pointsâ to develop âpersona-based services in implementation, customer support and customer success.â After a year, the company generated higher customer satisfaction ratings and NPS scores. âThese personas work for us,â says Sabin. âYour customer data can lead you to create the personas that matter most in your customer base.” Three more from the TC+ team: A delayed response?: Anna reports that, even after initially defying the global slowdown, African startupsâ first quarter venture results fall. Thatâs gonna be a problem: “I think Sam has set us back regulatorily,” says FTX investor Anthony Scaramucci, by Jacquelyn. Well, if youâve got traction, I guess anything goes: Hajeâs weekly Pitch Deck Teardown is back with Careeristâs $8 million Series A deck. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code âDCâ for a 15% discount on an annual subscription! Read More |
| | Image Credits: Hanna Plonsak / Getty Images |
|
|
| |
| |
Newest Jobs from Crunchboard | | |
|
|
| |
| |
