Get a summary of TechCrunch’s most significant stories every day at 3:00 am PDT. Sign up here
Welcome to Daily Crunch, September 14, 2021. We all had fun trying to determine if we needed a new phone. The answer is yes. Reply? This stuff is our favorite.
– Announcement –
TechCrunch’s Disrupt will be in a week. In order for your humble servant to appear a little less tired, he will go shopping spree in the afternoon. Jordan, of course, will look great on the Disrupt desk. We hope to see you at the Disrupt Desk! Alex
TechCrunch Top 3
- Apple gives up control of its new hardware. It’s almost as if the world has stopped when Apple holds an event. It’s up to you to decide if that’s still the case, but it’s a fact. For those who want to get meta, here is a summary of the iPhone news. Apple Watch news. IPad updates. A general overview. Have fun!
- Atlanta is booming: TechCrunch continues its US tour today, having visited Chicago and Boston in the past few weeks. We also explored Atlanta’s growing startup scene. There are record inflows of capital. To get the latest information, we spoke to investors and founders. Remember that Atlanta just completed the decacorn exit.
- Canva just raised $ 200 million on a valuation of 40 billion dollars. The Australian design software company raised two invoices to 0.5% of its capital. This is a steal for double the cost. Canva is worth a lot. It’s a great company, as its revenue growth notes reveal.
Start-up / VC
TechCrunch conducted a survey on the global value of BNPL startups through some acquisitions. It was my job. If you like it, read it.
It `s important to note that Tonal just revealed live lectures for his shoot. Tonal competes in the hardware and software market against Peloton and other players. Not surprisingly, the startup they are more adept at fusing hardware with software than Apple, which primarily bundles services into its products. Good news, Tonal users.
- Closes at $ 100 million: If you’re hot, Brian Heater says, then you’re hot. Splitgate’s blockbuster title is hot, and 1047 of its games are more than just hot. It is so hot that the third round has just been completed since May. Splitgate: a FPS with portals. It sounds unbelievable.
- Grammarly offers developers the opportunity: Grammarly has a reputation for being a tool people use to improve their writing. What if Grammarly technology could be integrated into your product? Now you can. Just recently, the company announced a new developer product. I am a financial geek and wonder if this new line of business will be profitable or if it will allow the company to introduce an S-1.
- EverAfter raises $ 13 million to prove HRtech stays hot. Our reports show that EverAfter has created a “no code customer interface tool” that makes onboarding easy. This is a version of Sora that TechCrunch also wrote about. The signal is a couple of rounds that focus on the same area.
- The Tiger Round today is Indonesian fintech company Xendit. Thanks to the $ 150 million Tiger check, Xendit has become a unicorn. We estimate Tiger’s executive partners are missing $ 150 million every time they go out for dinner. They know this number! The Jakarta-based, payments-focused fintech firm has large expansion plans and is well-funded.
Are Chinese venture capital funds that bad?
Is it possible that the founders are too naïve when working with Chinese investors in fundraising?
Denis Kalinin, Asia Business Development Manager at Runa Capital, analyzed data from iTjuzi (a Chinese database of venture capitalists) and found:
Crunchbase reported that Chinese funds invested approximately $ 250 billion in 2020. This figure is three times that of Crunchbase. These figures show that investments in Chinese VCs are only 30% lower than those made by US funds. However, they have three times the amount of British funds and 12.5 times more than German funds.
– Announcement –
Many Chinese venture funds have been forced to cut their international investments due to the pandemic and geopolitical tensions. However, this is largely due to the fact that China’s economy recovered faster during COVID than any other country, Kalinin writes.
In his analysis he covers many points of view: Chinese investments are now catching up with those in Asia, the United States and Europe. Half of China’s largest cross-border investors in China are CVCs. At the moment, investors are particularly interested in digital health, fintech and deep tech.
Chinese investors are able to bring value to startups overseas, but it’s important to learn from their experience and see how they can help you.
Extra Crunch (our membership program that helps entrepreneurs and startups move forward) can be registered here. You can sign up here.
Big Tech Inc.
We will start with the basics of Big Tech news. Here is an update from the US government: “Biden’s new FTC nominee, a key digital privacy advocate for Big Tech,” It turns out. This is important.
- LinkedIn promises creators $ 25 million: In case your LinkedIn feed lacks style, the Microsoft subsidiary plans to increase the flow of content. To encourage creation, a $ 25 million “Creative Acceleration Program” was established. LinkedIn also supports live audio.
- Another 51 Starlink satellites fly: Today we are including this article in Daily Crunch for those who are considering moving to Montana but need to keep their jobs.
- Spaceflight wants to fly to Mars: Elon isn’t the only one trying to get humans to safety. Spaceflight plans to “transport customers on a lunar overflight mission in the next year,” which is pretty accurate. What is the cost of a Spaceflight ticket?
TechCrunch Experts: Growing Marketing
To find out who startup founders turn to for the best growth marketing strategies, we’re asking them. Fill out the survey
Below are some testimonials we have received.
Salesperson: Andrew Race, Juice
Recommendation of:Orin S, merchant industry
Testimony “Juice was recommended to us by a friend of mine. They said they would give us the best man they had. We thought that was what everyone says. But they weren’t lying. Andrew stood out from our other marketing agency. We were able to turn the corner by having someone who was so skilled and eager to learn about a new field.
The TechCrunch team can be found on Twitter at all times, from planned Twitter spaces to spontaneous chats with the Equity crew. Tomorrow’s Disrupt Battlefield judge will speak on Twitter Spaces at 2pm PDT / 5pm EDT. Martin Ford (author of Rule of the Robots, How Artificial Intelligence will Transform Everything ”), and Danny Crichton, at 3:00 pm PDT / 6:05 pm ET, will join Danny Crichton. Follow the TechCrunch twitter to keep you updated on all our latest news and events.
Published on Tue 14 Sep 2021 22.18: 04 +0000
– Announcement –
[ https://newslanes.com/2021/09/14/daily-crunch-what-happened-during-apples-2021-virtual-fall-event/ https://d26toa8f6ahusa.cloudfront.net/wp-content/uploads/2021/07/30214746/a-quiet-place-part-2-bigs-16.pdf