Hello friends.
If you missed it last week, Greg and I are handling Week in Review now that Lucas is off with a new project.
I was supposed to be on vacation today, but I decided it was not cool to throw the newsletter to someone else one week after taking over. I promise that I have a good work/life balance. Sometimes I wake up in the middle of the night to a phantom Slack because I have way too many coworkers. I might take back that promise.
If there is a big thing this week, it is unfortunately not one that is fun to write about.
The first company to announce layoffs was Robinhood.
Tudum, a newly formed in-house publication, was cut by Netflix.
Then came On Deck and MainStreet. I'm pretty sure there are some I missed or we haven't heard about yet.
Why now? A lot of these companies saw massive positive shifts in their user base with the pandemic and adjusted accordingly. Things are shifting in another direction now that we are on the other side of the epidemic.
Some of the reasoning behind the layoffs of recent have been explained byNatasha Mascarenhas andAmanda Silberling. You can check that out here.
What happened this week? Some of the stuff people were reading was here.
The father of the iPod, Tony Fadell, is writing a book on building things and showing off his prototype collection. He shared some great ones with us, including the bizarro iPod Mini/phone hybrid.
With more space rocket parts becoming re-usable, companies are still working out the best/safest/most efficient way to get those parts back. This past weekend, Rocket Lab used a helicopter to catch a booster that fell from the sky. At first. I won't fly most video game helicopters because they are always too hard.
It's not every day that you see Apple, Microsoft and Google working together, but that's what they're doing this week. Over the next year, they will implement a passwordless standard that will allow you to use your phone's fingerprints or face scans to sign into things.
A full-screen experience is being tested on the photo sharing site. It's hard to answer that without using the word "TikTok".
Have you ever been searching for a home address or phone number on a website that won't remove it? After many years of complaints, Google is rolling out a process for getting those search results zapped. As for how long it might take to go through, Zack has a step-by-step for how to submit a request. It's not known at this time.
There is a paywalled section on our site. It costs a few bucks a month and it has a lot of good stuff. For example, from this week.
UiPath's valuation has plummeted over the past year. Why? Ron and Alex have thoughts.
You have built something cool and it seems to be finding an audience, but are you ready to raise money? Every investor will look for six things in the due diligence process.
Financial projections don't exist just to make potential investors happy. In this post, Jose Cayasso, co-founder of founder prep platform Slidebean, breaks down some of the most common mistakes he sees among the founders they work with.
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