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Hello and welcome to Daily Crunch for August 6, 2021. We come to Friday. High five all over the place. If you own stocks or cryptocurrencies, you are ending the week on a high level. Cryptocurrency prices are on the rise while some indices are hitting records.
Before we get into the news, don’t forget that TechCrunch is launching another newsletter! The first edition of This Week in Applications by our own Sarah Perez launches on Saturday morning and is the place to go to find out all the news about your application. Make sure to sign up here.
Now for the news. – Alex
TechCrunch’s Top 3
- SpaceX builds a 400 foot rocket: If you were concerned that kiddie pranks about multi-million dollar rockets were about to die out, fear not: SpaceX has stacked its Starship vehicle on top of a Super Heavy booster. That means a very tall rocket with a lot of thrust. This is the first time that Starship and Super Heavy have teamed up.
- The changing value of insurtech startups: A few weeks ago, TechCrunch asked if the market I should be worried on insurtech valuations. Then they received another blow. We broached the issue in the wake of Hippo’s public listing, and decided that most insurtech public companies are cash-rich enough not to worry about downturns. Too.
- What to expect from the next Samsung hardware event: Samsung’s impending Unpacked event may be, well, packed. We got to see a new Galaxy Fold phone, new watches, wearable devices from a Google partnership, and more. TechCrunch will cover the event on August 11, so stay close to the site to learn more.
Startups / VC
- DesignOps is the new DevOps: That’s our take on height zero and its new $ 10 million Series A round. The startup “does for UX what DevOps platforms like GitHub do to create and submit code, providing a central place to document and manage UX components,” CEO Jerome de Lafargue told TechCrunch.
- 500 Startups endorses the Charter for Africa: Carta is an important part of the US startup technology stack, helping to keep capitalization charts and stocks in proper order. As the African startup scene expands, you will need something similar. And Raise is building it. According to the startup, most of the startup capital on the continent is still recorded on paper. It is time for that to change.
- Healthcare Provider API Raises $ 17 Million: APIs to help companies manage their suppliers are not new. AgentSync is building something in the space for insurance brokers. Verifiable is following a similar model, but focused on healthcare workers. As with Rapid, what is being replaced are manual processes. Software is good at many things, but one of them is relieving humans of certain kinds of shitty work.
- Card issuance APIs are coming to Africa: Thanks to the first Zambian company to join Y Combinator, I hasten to add. The startup in question, Union54, was first launched in 2015 as Zazu, a neobank. But he found the card issuance space so punitive to work with that he took on that problem, rebranding along the way. Card issuance is a large market in the United States and Latin America. Let’s see how it works in the startup space on a new continent.
- To close our inception coverage today, TechCrunch has a good long look at Utrecht’s burgeoning startup hub, that part of the Netherlands that always looks super beautiful when you see a picture of her. Enjoy!
Build your presentation around ‘that one thing that can really hook an investor’
We frequently publish articles with tips for founders working on launch pads. It’s a critical step in every startup’s journey, and there are countless ways to tackle the task.
Michelle Davey of the telehealth staffing and services company Wheel and Jordan Nof of Tusk Venture Partners recently appeared on Extra Crunch Live to discuss the launch of Wheel’s Series A.
Nof said entrepreneurs should candidly explain to potential investors what they will need to believe to support their startup.
“… It takes a lot of guesswork out of the equation for the investor and redirects him to focus on the right set of problems he’s solving,” he said.
“You get this opportunity to influence what they think they need to believe to get an investment here … if you don’t do that … we could lose ground.”
(Extra Crunch is our membership program, helping founders and startup teams get ahead. You can sign up here.)
Big Tech Inc.
- Amazon wins in Supreme Court of India: Not content with a planned sale of India Future Group’s chain of stores and retailers to Reliance Retail, the leader in its category, Amazon won a legal clemency this week when India’s Supreme Court said a ruling in Singapore to stop the transaction it was valid in the country. . Watching an American tech giant argue against consolidating players into a market may seem ironic, or even hypocritical, but in business it’s best to simply remember that corporations are by nature amoral at best.
- Velodyne Drama Costs Rise: The store of Lidar Velodyne, a company that went public through a SPAC, is still paying to cover the price of internal drama and some executive departures. TechCrunch researched the latest company earnings here.
TechCrunch Experts: Growth Marketing
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Read one of the testimonials we have received below!
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