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Monday is here, and we’re excited to throw ourselves into another week of summertime tech news. Apropos summer – when VCs stop answering their phones, old man gives us tech reporters to drink martinis, play pickleball, spelunk in Bitcoin mines, and kitesurf (I imagine that’s what VCs do for their summer break). A little more time to delve deeper into some of the stories and companies that have been tickling our curiosity nerves.
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TechCrunch’s Top 3
Startups and VCs
The regulatory environment surrounding crypto is changing in the US as the SEC targets major players in the web3 world, promising to crack down on business as usual. David Nage discusses how regulatory oversight is impacting venture capital investment on Web3. It’s a good conversation. Lucas And Anita On this week’s episode of Chain Reaction, for you podcast fans!
Lagos and Massachusetts-based Africa-focused Au Capital today announced the first close of a $30 million second fund. take up Reports. The company wants to strengthen its presence in the continent.
More More:
- Topic of the week: Oh, why? Natasha M so good! Don’t miss Startups Weekly, a roundup of what’s up in startupland this week. Also, “The bootstraps are coming, the bootstraps are coming” is straightforward: Chefs-Pockets.
- Like games, but chainerThe runaway success of Axie Infinity and StepN has convinced many entrepreneurs that Web3 gaming is the future. in RitaGame experts promise to make blockchain games fun and sustainable.
- It’s still equal, only in seventy coffersEqual Ventures has a new pair of funds. The New York City-based firm has closed a second round of $95 million and a first venture fund of $75 million. Natasha M Redacted from the firm’s SEC filings.
- Talk to the machine: UiPath has acquired Reinfer, which develops natural language processing (NLP) tools for enterprises. Paul Reports.
- Ixnay on Chipper CashKenya has directed all banks to stop dealing with ChipperCash and FlutterWave, saying the companies are unlicensed. Annie Reports.
- More buoyant climate marketClimate-focused VC Buoyant Ventures is targeting $100 million in funding as the climate market continues to evolve. Harry Reports.
Build a strong deck for your quarterly board meetings
Image Credits: Hiroshi Watanabe (Opens in a new window) / Getty Images
Board meetings are great for getting feedback on your progress and future plans, but what’s the best way to communicate what’s going on?
According to Yusuf Khan of Ridge Ventures, often the best and easiest way is to “just ask them to make sure you’re giving board members the information they want to see.”
“Meeting with your board not only gives you a sense of direction, but also gives you an opportunity to build your relationship. People appreciate the opportunity to weigh in,” he says.
Kahn lays out seven tips for building a presentation to inform your board of progress, plans, product and financial issues.
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Big Tech Inc.
Hyundai is considering acquiring 42dot, a South Korea-based lidar-free autonomous mobility platform. A 42dot spokesperson said. Kate He cautioned that the startup is in talks, but terms, including stake size and contract consideration, are not yet in place.
In one of the most self-defeating moves in a while, Spotify has announced that it will introduce a Play button and a Dance button at the top of album playlists to make it easier to play the music the way you like it. Sarah Reports. Conspiracy twist: Dedicated buttons are only available to paid subscribers. As Sarah concludes, “Streamers may be disappointed to find that what should be an app update to support better usability is being sold as a reason to upgrade.
A few more:
- You never know when you’ll need jeans in 25 minutes.E-commerce giant Amazon has launched same-day delivery from select retail stores, including PacSun and Diesel. Aisha Reports.
- Twitter without an account on trial: Ivan It reports on a new experiment from Twitter where you can now use the Twitter iOS app without signing up for an account.
- Pinterest enters your mood boardsSocial media company Pinterest has debuted a new app, Shuffles, for making collages and mood boards; Sarah Reports.
- oh oh: Things are getting (more) interesting in hackerland as hackers steal passwords to gain access to 140,000 payment terminals, reports say Zach.
- AI may be a long way off: There’s a reason more than 450,000 people read Emerging Tech Brew—a three-times-a-week email that delivers the latest tech news that affects you and your world. Best part? It’s free and only takes 5 minutes to read, so there’s no reason not to give it a try. Sign up for the Emerging Tech Brew newsletter for free to stay up-to-date on the latest technology and AI developments.
