Subscribe here to receive TechCrunch's top stories and the roundup delivered straight to your inbox each day at 3:00 PDT.Welcome to Daily Crunch for the 13th of August 2021. Everyone, we made it to Friday! We are all very proud of you! We still have plenty to discuss, despite it being the end the week. Reddit takes on TikTok. Changes in valuations in a crucial startup sector. What it could really mean for a workplace that is apolitical. There's so much to discuss, friends! AlexTechCrunch Top 3Reddit attacks TikTok The social video platform works well on its own, but other companies are trying to compete with it. Reddit joins YouTube, Snap, and other companies in this war. It is hard to imagine where Reddit's product domain will be when it has finished expanding its feature list.TikTok recently announced that it would be changing its controls in order to make the service less addictive. The social video platform works well on its own, but other companies are trying to compete with it. Reddit joins YouTube, Snap, and other companies in this war. It is hard to imagine where Reddit's product domain will be when it has finished expanding its feature list. Publicly panned, privately loved: Insurtech companies that went public last year enjoyed a high private stock market. They also had some very reasonable IPOs. Their valuations started to decline. Then more fall. And more fall. TechCrunch examines the current state of affairs and what it might mean for startups.Insurtech companies that went public last year enjoyed a high level of success while remaining private. They also had some very reasonable IPOs. Their valuations started to decline. Then more fall. And more fall. TechCrunch examines the current state of affairs and what it might mean for startups. What does it mean to be apolitical? Mandy Andress, an Elastic executive, explores the issue in a new essay. She asks, "What does that mean for me as a LGBTQIA+ person working in a workplace?"Startups/VCLatin American fintech continues to thrive: Its Ual has raised more money this time, a $350m Series D that values it at $2.45billion. This Argentine company develops personal financial products. The new round and resulting multiunicorn valuation help to show just how global the fintech revolution.It was Ual this time that raised more money. A $350 million Series D has valued the company at $2.45billion. This Argentine company develops personal financial products. The new round and resulting multiunicorn valuation help to show just how global the fintech revolution has become. Orchata has just raised $4 million in capital. The company hopes to recreate the magic of Gopuff, but further south than the U.S.-based company. We are counting down to the arrival of the second Vision Fund, which will pour cash into the pockets of the Y Combinator-backed startup after Gopuff has been so generously supported by SoftBank.Orchata recently raised $4 million of new capital. The company hopes to recreate the magic of Gopuff, but further south than the U.S.-based company. We are counting down to the arrival of the second Vision Fund, which will pour cash into the pockets of the Y Combinator-backed startup. Kiddom's rapid ARR growth has helped it raise more funds. Kiddom is a platform that provides a digital curriculum that meets the requirements of states. According to our reporting, Kiddom is growing like a weed. Natasha reported that Kiddom's ARR grew by 300% between 2020 and 2021. This rapid revenue growth helped Kiddoms secure a $35 Million Series C.According to our reporting, Kiddom is a platform that provides a digital curriculum that meets the requirements of states. Natasha reports that Kiddom's ARR grew by 300% between 2020 and 2021. The company secured a $35 million Series B. This rapid revenue growth helped it secure a $35million Series C. Reskilling is big: Retrain.ai just raised $7 million from investors. Retrain.ai wants to use AI/ML to help governments and companies retrain and upskill their talent for the future, enable diversity initiatives, help employees manage their careers, and assist job seekers with their career management. It's especially interesting to me that I keep reading about robots blogging.Retrain.ai has just received $7 million from investors. This startup uses AI and ML in order to assist governments and companies to retrain and upskill their talent for the future, facilitate diversity initiatives, and help job seekers manage their careers. It's especially interesting to me that I keep reading about robots blogging. Tablevibe is trying to restrict which restaurants can pay delivery apps for food: This is a tough game. Margin is low. Customers are complaining. Staffing is a problem lately. Tablevibe helps with one specific vector of restaurant pain: how much restaurants pay Uber Eats and DoorDash to get their food to customers. Any initiative that helps small businesses is a good thing. We should hear more about the company at demo day, as they were part of the current Y Combinator batch.Food is hard. Margin is low. Customers are complaining. Staffing is a problem lately. Tablevibe helps with one specific vector of restaurant pain: how much restaurants pay Uber Eats and DoorDash to get their food to customers. Any initiative that helps small businesses is a good thing. We should hear more about the company at demo day, as they were part of the current Y Combinator batch. For more startup news, check out Equitys Roundup from the Week. Enjoy!Salesforce+ could have more to it than meets the eye with its video streaming service.Salesforce announced this week it will launch a video streaming service.Ron Miller, an enterprise reporter for industry analysts, said that the initiative had tremendous potential. However, one pointed out that Salesforce will need to dig deep in order to be successful in today's highly competitive media landscape.Salesforce has not yet released any details about the programming it will offer. However, given its large and varied customer base, there are many options. Brent Leary, CRM Essentials:Customers could sponsor, advertise or collaborate on a TV show. You can also track ROI and generate leads from the show. It all happens on one platform. The ads live on alongside the content.(Extra Crunch) Our membership program that helps founders and startups get ahead. Sign up hereBig Tech Inc.Facebook adopts privacy stand: While Apple struggles to keep the privacy-first tech leader's title, Facebook is making inroads. It is a kind. TechCrunch reports that the company now offers end-to-end encryption in Messenger voice and video calls. Good.Facebook is making inroads as Apple struggles to keep the privacy-first tech leader's title. It is a kind. TechCrunch reports that the company now offers end-to-end encryption in Messenger voice and video calls. Good. Amazon's plans for biometric data are being questioned by lawmakers. Congress was intrigued by Amazon's plan to collect palm prints to be used in brick-and-mortar shops. Don't worry. Never has a megacorp violated the privacy rights of citizens. Right? Right?Congress was intrigued by Amazon's plan to gather palm prints for brick-and-mortar shops. Don't worry, there aren't many megacorps that have violated the privacy rights of citizens. Right? Right? Today's news is over. Twitter's Indian head of operations has moved to the States for a new position. Twitter and India have been fighting for some time, with the Indian government trying to intimidate the U.S. company. It's quite gross and Manish Maheshwari has decided to shake up his job. While regulation is good, it's not right to harass employees and abuse companies for political reasons.TechCrunch Experts: Growth MarketingTechCrunch is committed to helping startups find the best expert for them. We created a shortlist to identify the best growth marketers. Since our survey was launched, we have received many great recommendations from growth marketers in the startup sector.We are excited to see more responses! Please fill out this survey.
