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Hey, TechCrunchers, happy Friday. I hope this is your favorite time of day because Haje and I really enjoy bringing you the news of the day written by the fabulous people we are honored to call colleagues. If you were at TechCrunch Early Stage in Boston, we trust you had a good time. Haje is coming back from there, so itâs just me again today. Letâs dig in. â Christine |
| Image Credits: Bryce Durbin / TechCrunch |
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Startups and VC - Imitating the real data: Singapore-based Betterdata took in $1.55 million to take a different approach to traditional data sharing methods by using synthetic data to keep real data safe, Catherine reports.
- Driving toward something new: Autotech Ventures is venturing into new territory with a $230 million mobility fund that will add fintech and the circular economy to its investment strategy, writes Kirsten.
- Taking the plunge: Founders Pledge, a charitable initiative in London, launched a venture capital arm called Pledge Ventures in what Mike writes is to âcreate a new âflywheelâ in philanthropy.â
- Listen to this: Brian shares all the feels about first learning of headphone startup Nura, which he reports got acqui-hired by Masimo, the parent company of electrics company Denon.
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Startups that raise Series D rounds might have hundreds of employees, tens of millions in ARR and other proof points that demonstrate theyâve reduced risk, but they still need pitch decks. Honeycomb, which describes itself as a âdebugger for live production systems,â shared its winning $50 million Series D pitch deck with TechCrunch: - Cover slide
- Data summary snapshot slide
- Problem slide
- Solution slide
- Competitive landscape slide
- Product category overview slide
- Customer landscape slide part 1 (mostly redacted)
- Customer landscape slide part 2 (mostly redacted)
- Market positioning slide
- Value proposition slide
- History/product timeline slide
- Go-to-market interstitial slide
- GTM: Land-and-expand approach slide
- GTM: Gaming vertical slide
- Going Forward interstitial slide
- Team slide
- The Ask slide
- Closing slide
Two more from the TC+ team: 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: Honeycomb |
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Big Tech Inc. - Lyft layoffs: Ride-hailing company Lyft confirmed it is cutting its workforce by 1,200 as part of a restructuring effort meant to âbetter meet the needs of riders and drivers,â Kirsten reports. The layoffs will affect corporate employees, of which there are about 4,000, because Lyft doesnât employ its drivers.
- We learn something new every day: The Linux Foundation launched a new organization to maintain TLA+, Kyle writes. If youâre doing one of those âlearn one new term a day,â hereâs your education for the day: TLA+ is a formal âspecâ language, developed by computer scientist and mathematician Leslie Lamport, for designing, modeling, documenting and verifying software programs.
- Strike that: Sarah reports that in an effort to find a faster resolution to its antitrust legal battle with Fortnite maker Epic Games, Match Group and state attorneys general, Google is asking the court to dismiss multiple claims, five to be exact, that âwould seemingly be pivotal to the plaintiffsâ ability to prove anticompetitive behavior.â
- Four corners of the globe, literally: The Internal Revenue Service is sending four investigators across the world to fight cybercrime, Lorenzo reports. Before you go, âJust four?â Iâll throw in there that the IRS previously only had one.
- Denied: Meta was trying to have its content moderator case dismissed in Kenya, but now has to muddle through it. A court ruled that Meta can be sued over alleged unlawful sacking and blacklisting of moderators. Annie has more.
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