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Hello and welcome to Daily Crunch for September 16, 2021. We are still counting down to Disrupt, so make sure you have a ticket, and get ready to drop your launch pad on the hat. They were going to space! – Alex
TechCrunch’s Top 3
- Tigers love robots: Sure we are used to seeing Tiger cut checks in all the software companies that are still alive, but did you know that the capital fund is also dedicated to physical goods? Our own Brian Heater has the news.
- What could stop the startup boom? Today on the site, TechCrunch analyzed its coverage of the second quarter venture capital cycle, asking what could stop the momentum we’ve seen in recent quarters. The short answer? Not too much. The heady startup market is more stable than you might think, but only partially on its own merits.
- The US government takes violations seriously: The US Federal Trade Commission (FTC) makes sure businesses know that if their apps “collect personal health information [they] should notify consumers if their data is breached or shared with third parties without their permission. “Which is good. But how did that happen? forever Rule?
Startups / VC
Apple held an event this week, so the tech market still resonates with shots on why it’s the iPhone 13 and not the iPhone 12S. Regardless of your opinion, Apple’s long shadow is making itself known elsewhere. Like the market to help people find their devices. The Cupertino-based giant made waves the other month by introducing AirTags, in competition with Tile, a startup. Well, Tile is now back with $ 40 million in new equity. To the war!
- Fiberplane raises capital to develop Google Docs for SRE: Creating software tailored to a particular market is all the rage these days. The strategy is similar to building an anti-Word, so to speak. In Fiberplane’s case, the company just raised $ 8.8 million, is building a Google-Docs-style product for Site Reliability Engineers, or SREs. Is that niche too small? Probably not?
- CodeSignal raises (again): Ah, accreditation. CodeSignal wants to make the application for developer jobs a little more skill based and a little less based on where you went to school. Investors are lining up to fund his vision, depositing a fresh $ 50 million in the company’s coffers less than a year after it raised $ 25 million.
- Self Financial shows that credit building continues to be supported by businesses: Altos Ventures led a $ 50 million Series E for the company, which wants to help “consumers build credit and savings at the same time.” It’s a good idea, given how broken the American credit system is still today.
- Byju’s buys the Tynker encryption platform: The $ 200 million transaction will help Byju’s continue to expand in the United States. The Indian company’s optimism in its own sector is perhaps a balm for founders and investors concerned about educational technology in the wake of China’s decision to bring its market-chasing domestic startup class to its knees.
- Open mineral: What a great startup name. And it’s more than adequate, as the company wants to bring transparency to global commodity markets. Which is good, as more transparency means better price discovery and a more efficient market. Open Mineral just closed $ 33 million in a Series C.
3 strategies to facilitate the adoption of new HR technologies for hiring managers
Most of us prefer to trust our instincts rather than let automated tools help us make decisions, especially when it comes to hiring. But that’s not smart.
If your startup has an ad hoc hiring process, you are not tracking candidates properly, there is little consistency regarding how they are treated, and bias plays a big role in who is hired.
It’s okay to be skeptical of automated recruiting tools, but don’t ignore it.
(Extra Crunch is our membership program, helping founders and startup teams get ahead. You can sign up here.)
Big Tech Inc.
- Twitter Super Follows may not be very lucrative: The data coming from the Twitter Super Follows product indicates that its initial performance is mediocre. So much so that it could go the way of the fleets. Super still? If so, please let us know.
- Ford spends to boost electric truck production: Worried that electric vehicles are a fad? Stop worrying. Traditional American car company Ford is doubling its F-150 electrical output, TechCrunch reports. And if Ford is doing well with EVs, they really are mainstream.
- Lucid Air takes the title of longest-range electric vehicles, beating Tesla: Dodging Elon’s fanboys for a minute, Lucid Motors is pushing the state-of-the-art of electric vehicles a bit forward with a car that has a 520-mile range. That is a great hike. Generally speaking, the increased distance that Lucid, remember the company will go public later this year, intends to offer could trigger an arms race regarding the range of electric vehicles. Yes please.
TechCrunch Experts: Growth Marketing
TechCrunch wants you to refer growth marketers with experience in SEO, social media, content writing, and more! If you are a growth marketer, skip this poll together with your clients; we’d like to know why they loved working with you.
If you’re curious about how these polls are shaping our coverage, check out this guest column from Bryan Dsouza on Extra Crunch, “5 things you need to win your first client.”