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TechCrunch’s Top 3
- Take out the fake: Kyle He spoke with Stability Diffusion to some deep fake experts about 4chan’s capture of the artificial intelligence art model, what that means and who might be at risk.
- Peloton entered the AmazonThat Amazon box just got more diverse. Peloton has begun selling the device on Amazon, opening up a new strategy and revenue stream for the embattled company. Brian He wrote.
- SpamA bug caused by a configuration change is to blame for some Facebook users finding strange posts by famous fans. It has since been fixed, however Ivan And Manish Have skin on what happened.
Startups and VCs
We have published a very interesting article written by Battery Ventures’. Neeraj Agrawal, Brandon Glecklin.And Jack Matt At TechCrunch Plus (our premium subscription site) today, how ARR per employee (APE) is one of the most meaningful metrics of effectiveness for startups. It is reasonable; For many startups, headcount is one of the biggest cost bases — more so than customer acquisition, in fact. It’s a fresh look at how to measure a company’s success, and it’s worth a read.
OK, fine, have some more.
ARR is the North Star measure of productivity you’ve been looking for per employee.
If you want to break even, go APE.
Cloud companies generally rely on performance metrics like CAC payback and LTV-to-CAC, but “they feel more like financial metrics than operational, and it’s hard for employees to enforce against these concepts,” Neeraj Agrawal, Brandon Glecklen, and Battery Ventures. Among Jack Mattei.
Using data from Capital IQ and Battery Research, this post contains key metrics for public companies and privately held SaaS businesses and recommended targets from companies with different ARR ranges.
“APE is a very simple measure that we think can serve as your north star as you navigate these changing times.”
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here..)
Big Tech Inc.
was a Sarah, Brian, Aisha, Zach Kind of day. First, Walmart+ members have an entirely new feature: cash back. Sarah explains that Walmart+ is “the answer to Amazon Prime.” Here’s how it works: Browse the app for discounts and save them for future purchases. Once you do, you’ll earn cash back in the form of digital rewards that accumulate over time to apply toward future purchases.
Now on to WhatsApp’s new group chats feature, which is a story Sara has been following since April. Many users have access to a feature similar to Facebook but with messaging capabilities, and it seems to reduce the amount of single chats that occur. The groups are not public or accessible and to join one you need an invite.