Key Twitter executives depart following Elon Musk ownership deal

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Christine Hall

Thursday, May 12, 2022

It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can catch all of the Googliness here. Haje is enjoying a couple of days off, and I fear you will now know who the funny one is. See you tomorrow! – Christine

 image

Image Credits: Alessandro Di Ciommo/NurPhoto / Getty Images

The TechCrunch Top 3

  • Twitter execs depart: The Twitter saga entered a new chapter today, albeit not a surprising one given what’s going on: Some of its key executives, including GM of Consumer Kayvon Beykpour and Revenue Product Lead Bruce Falck, were told by current CEO Parag Agrawal that their services were no longer needed. We’re keeping an eye on this — there will probably be more.
  • SoftBank slowdown: Just as we saw with Tiger Global yesterday, as one story commenter put it, “The pandemic really is making us re-evaluate every decision.” Case in point, SoftBank said it may cut investments into startups by more than a half in its upcoming fiscal year.
  • Terra back on track: Jacquelyn continues to keep up with the latest on TerraUSD, reporting that Terraform Labs resumed its blockchain production after halting for a bit. This follows the “Terra ecosystem’s meltdown this week” that took down its stablecoin, UST, and the rest of the cryptocurrency market. Meanwhile, Alex dove into how great crypto startup venture capital investments were going in the first quarter, before “everything went to hell,” as he put it. Indeed, “crypto winter is coming,” and if you’d like to know more, check out today’s Chain Reaction podcast.

You don't need a stack of workflow tools, you just need Coda

Sponsored by Coda

Scattering work across documents, spreadsheets, and niche software is no way to collaborate effectively. Bring your valuable data, plans, objectives, strategies, and integrations into a Coda doc to create the single source of truth you need.

Try it Free

Startups and VC

  • Let’s start with some M&A news, shall we? After outsourcing its digital identity verification, Checkout.com decided to bring that function in-house with the acquisition of Ubble. Though terms of the deal were not disclosed, Checkout.com can certainly afford it after grabbing $1 billion in funding in January. Meanwhile, desktop 3D printing firms MakerBot and Ultimaker decided to make it official, tying the knot in a merger that will spin out MakerBot from parent company Stratasys. And across the pond, Nexi scooped up Orderbird, a startup providing point-of-sale services to restaurants and other hospitality companies — a big market right now.
  • Show me the money: While offering financial services is hot in Latin America, payments prove to be where it’s at in Africa. Interswitch took in a big round today as it looks to expand across the continent.
  • Calling all customers: Customer service requests came fast and furious as most shopping turned online over the past two years. Implementing tools to help was not something small businesses were able to do because of the complexity of adding a tech layer. That’s where Tidio comes in. Its automated customer service offering can get companies up and running quickly, take on repetitive tasks, and keep up with customers that call a lot.
  • Brazilian fintech now valued at $1.5 billion: Helping businesses offer their own financial services continues to be hot, hot, hot in Latin America. Dock is the latest company to see the fruits of its labor, raising $110 million. It now operates over 65 million active accounts.

When and how to hire your startup's first growth marketer

Emotion and intuition often drive a lot of hiring inside early-stage startups, but when a company reaches product-market fit and finds its target audience, “it signals that hiring a growth marketer will enable your efforts to be scaled much faster than without one,” says Jonathan Martinez, who has helped scale companies like Chime, Uber and Postmates.

In a TC+ post, Martinez explains how to identify the right kind of growth hire, which traits to look for, and how to set clear expectations and milestones once they’re on board.

“Priority tasks should consist of setting up a growth tech stack, creating a testing road map to find the most efficient growth levers, and robust creative and copy testing in the first 90 days.”

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)

Read More

When and how to hire your startup's first growth marketer image

Image Credits: Eoneren / Getty Images

Big Tech Inc.

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

See more jobs on CrunchBoard

Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

Facebook Twitter Youtube Instagram Flipboard

View this email online in your browser

Privacy Policy | Terms of Service | Unsubscribe

© 2022 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103

Older messages

[Free Online Pass] TC Sessions: Mobility

Thursday, May 12, 2022

Free Online Only ticket to Station readers TC Sessions: Mobility May 18-20 Free Online-Only ticket to TC Sessions: Mobility Attention Station readers! TC Sessions: Mobility kicks off next week and

Announcing our first speakers for TechCrunch Disrupt

Thursday, May 12, 2022

Grab your pass now to find out and save big! TC Early Stage - San Francisco, CA - April 14, 2022 First Speakers Announced We've just announced our first round of speakers headed to TechCrunch

Lime Talks Zero Emissions at TC Sessions: Climate

Thursday, May 12, 2022

TC Sessions: Climate on June 14 and June 16 Is Zero-Emissions Possible? A recent report suggests that moving fully to zero-emissions could save California as much as $169B in public health benefits.

Terraform Labs CEO goes public with strategy to re-peg sliding UST stablecoin

Thursday, May 12, 2022

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Christine Hall and Haje Jan Kamps Wednesday, May 11, 2022 It's Wednesday, May 11, aka the start of GooglePalooza, which the company

Peloton CEO to shareholders: ‘Turnarounds are hard work’

Tuesday, May 10, 2022

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Christine Hall and Haje Jan Kamps Tuesday, May 10, 2022 It is Tuesday the 10th of May, and the end of an era as Apple officially retires

You Might Also Like

SBF gets 25 years 

Thursday, March 28, 2024

Sam Bankman-Fried is sentenced View this email online in your browser By Christine Hall Thursday, March 28, 2024 Welcome back to TechCrunch PM! The editorial team spent a chunk of the day discussing

💎 Issue 410 - Being laid off in 2023-2024 as an early-career developer

Thursday, March 28, 2024

This week's Awesome Ruby Newsletter Read this email on the Web The Awesome Ruby Newsletter Issue » 410 Release Date Mar 28, 2024 Your weekly report of the most popular Ruby news, articles and

💻 Issue 403 - Microsoft defends .NET 9 features competing with open source ecosystem

Thursday, March 28, 2024

This week's Awesome .NET Weekly Read this email on the Web The Awesome .NET Weekly Issue » 403 Release Date Mar 28, 2024 Your weekly report of the most popular .NET news, articles and projects

💻 Issue 410 - Node.js TSC Confirms: No Intention to Remove npm from Distribution

Thursday, March 28, 2024

This week's Awesome Node.js Weekly Read this email on the Web The Awesome Node.js Weekly Issue » 410 Release Date Mar 28, 2024 Your weekly report of the most popular Node.js news, articles and

💻 Issue 410 - JSDoc as an alternative TypeScript syntax

Thursday, March 28, 2024

This week's Awesome JavaScript Weekly Read this email on the Web The Awesome JavaScript Weekly Issue » 410 Release Date Mar 28, 2024 Your weekly report of the most popular JavaScript news, articles

📱 Issue 404 - Dependency Injection for Modern Swift Applications Part II

Thursday, March 28, 2024

This week's Awesome iOS Weekly Read this email on the Web The Awesome iOS Weekly Issue » 404 Release Date Mar 28, 2024 Your weekly report of the most popular iOS news, articles and projects Popular

💻 Issue 328 - My new open-source repository to schedule all your content!

Thursday, March 28, 2024

This week's Awesome React Weekly Read this email on the Web The Awesome React Weekly Issue » 328 Release Date Mar 28, 2024 Your weekly report of the most popular React news, articles and projects

📱 Issue 407 - Apple just announced WWDC24. The keynote for WWDC24 will be held on Monday, June 10th.

Thursday, March 28, 2024

This week's Awesome Swift Weekly Read this email on the Web The Awesome Swift Weekly Issue » 407 Release Date Mar 28, 2024 Your weekly report of the most popular Swift news, articles and projects

💻 Issue 405 - 2024 Edition Update

Thursday, March 28, 2024

This week's Awesome Rust Weekly Read this email on the Web The Awesome Rust Weekly Issue » 405 Release Date Mar 28, 2024 Your weekly report of the most popular Rust news, articles and projects

🤖 What to Expect From Google I/O 2024 — How to Stop Apps From Leaking Your Data

Thursday, March 28, 2024

Also: The Best Camera Straps of 2024, and More! How-To Geek Logo March 28, 2024 📩 Get expert reviews, the hottest deals, how-to's, breaking news, and more delivered directly to your inbox by