January 13, 2022.
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January 13, 2022, is the date of Daily Crunch! It is odd that it is already the close of Thursday, as it was minutes ago. The pace of 2022. There is some hope in the market that things will slow down, but it doesn't seem like it will happen at the moment. There is more to come, along with news that the dating app on Facebook is dead. We can heartily reply: Facebook is still building dating apps.
The top 3 tech companies.
The news that Y Combinator is increasing the capital it invests into its companies is driving commentary. Y Combinator investing more money is good news for startup founders, but other investors have concerns.
Instacart is rolling out pre-made meals to its platform, expanding its product remit as the grocery delivery game becomes increasingly competitive. The growth at the well-funded former startup slowed in 2021.
Databricks, a massive private data analytics firm, has released a verticalized version of its "Lakehouse" product. What is a lakehouse? Get it, the thing that sits atop a data lake? We really knew that Databricks was a Big Kid company and that it should go public. Databricks, we want the numbers.
The companies are startups/VC.
We have a lot to talk about today.
I joke about startup names, but I really like the name Turnip. The company has a.gg domain name. Why is the name weird? Because Turnip is in the gaming community space, and a.gg is to a person with a Middlingly Messy Minx as their profile picture on Twitter.
There is more room in the market for alt-financing plays, as Arc shows, as it is building a product to both provide capital access to software companies and perhaps help them manage other elements of their financial lives. Mary Ann Azevedo was the person who dug into the company's plans.
I took a moment today to better understand what payments orchestration is, as Gr4vy just raised a Series A extension to work on it. It appears that it is a meta software layer that works into a single product. I have to admit that orchestra sounds better than coordination, but it is more like a bundle than a conductor.
Gr4vy used leetspeak in its name. Very retro.
The U.S. healthcare and disaster safety net is known as the GoFundMe buys classy. The product is similar to one that helps nonprofits raise money. According to our own Amanda Silberling, the former has bought the latter.
If you combine no-code, metaverse, games, user-generated content, $50 million, and Espoo, what happens? Yahaha Studios is based in Espoo,Finland. It just announced that it has raised $50 million and is building a no-code service. I am curious and like games, so find this to be neat.
The publisher of PlayerUnknown's Battlegrounds mobile version is suing Apple, Garena Online, and Alphabet over game clones, which they say are worth less than $2 trillion.
The great edtech explosion of 2020 moderated somewhat in 2021, but we are still seeing rounds get done in the space. Tech is being built to help upskill workers in Latin America or train them for more complex work.
So much more. The startup thinks it can offer a 4% savings rate. The startup is building cute robot. Shield raised 15 million dollars for communications compliance software.
High-conversion lead magnets deliver value.
Magnet drawing people.
It's one thing to get a prospective customer to visit your site, but it's another thing to convince them to share their phone number or wallet.
Aleksandra Korczynska, the CMO of GetResponse, says marketers who align lead generation with the goals of prospective customers will gain a significant advantage.
She says the key is to build a foot-in-the-door technique.
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High-conversion lead magnets deliver value.
Big Tech is a company.
At some point, Meta tries every digital product idea. I would not be surprised if a few developers were working on an alpha version of a FriendFeed clone inside the company's headquarters, even if the CEO was quitting to become a pseudo-CEO at a different company. Facebook is shutting down a speed-dating service that it cooked up. Will you not be able to see it?
The e-gift wrap is being introduced by Venmo. If you hate gift wrapping and give away money, you can be doubly annoyed by the new feature on Venmo. Your parents can not claim that giving money is not festive.
The experts of tech.
SEAN GLADWELL is the image credit.
You can recommend software consultants who have expertise in mobile development, website development, and more. If you are a software consultant, we would like to hear from your clients about why they loved working with you.
The House committee is investigating the January 6 insurrection at the U.S. Capitol. The chairman of the select committee is Bennie G.
A competition legal expert backed by a powerful litigation fund is set to mount a multi-billion dollar class action suit against Facebook for breaching competition law.
In a tight labor market, so-called vertical labor marketplaces that zoom in on one industry are drawing funding. Trusted Health is a healthcare staffing platform.
The creator of one of the earliest and most enduring virtual worlds is returning to his roots. Philip Rosedale founded Second Life in 1999 and will rejoin the company.
When considering my next investment, I look for five essential factors.
Big Tech benefits from stealing intellectual property. The legal costs and potential damages are very low.
There are some pretty important movements in the market. Software and cloud companies took a beating today, as the stock market was a mess. In numerical terms...
It was mildly odd to see a gym machine company launch a rowing machine in the midst of a pandemic that has shredded supply chains and gym memberships alike.
It's back on the iPad. Mobile users will be able to play a touch-control version of the game on their phones through the service.
It's not news that the venture capital market is very high. Data from the year of 2020 paints a picture of a startup raising capital at a rapid pace.
The nonprofit fundraising software company is going to be acquired by GoFundMe. The company did not reveal the financials of the deal. Anyone can make a GoF.
The company informed the service's users via email that it was shutting down after testing the service for a good part of last year. The company was formerly known as k...
It has been two years since the last big investment in the sector. If you asked Po Bronson, a partner at SOSV, this trend was probably a long time coming.
It is a strange one. It only puts out a few cameras every year, and most of them are minor changes to previous models. Its flagship has been the solid since the beginning.
The success of Roblox and other user-created gaming experiences like Overwolf has made it possible for people to make games. The startup was founded by veterans.
Is Y Combinator changing the early-stage startup investing game? Or did it give the companies more time to reach their next stage of maturity?
The maker of the top-grossing mobile game on a global basis is suing the app stores.
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