Sheryl Sandberg is out at Meta, and Zuckerberg’s not looking for a new COO

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Haje Jan Kamps

Tuesday, August 02, 2022

The SEC leapt in this week, charging 11 people associated with Forsage, which the government watchdog says was running a pyramid scheme. I’m not one to embrace drama, but I also can’t wait for some of these stories to show up as Netflix documentary series. This particular case seems like a bit of a dumpster fyre. — Haje


Image Credits: Dominic Lipinski - PA Images / Contributor / Getty Images

The TechCrunch Top 3

Usage-based pricing and metered billing in hours, not months

Sponsored by

Deliver Usage-Based Pricing and Billing on the back of an always-on, highly scalable cloud metering service. Delight customers with fair and transparent pricing to drive the highest levels of revenue and growth.

Sign Up Now

Startups and VC

“It was life-changing: I went into my local store, found my way to the garden center, looked at the selection and chose one. I went to the register and paid, and then I drove home. I was glowing for days. It was the best big box experience of my life,” quips Ron about his $5 spray nozzle purchase, revealing he’s so over customer experience surveys.

Apropos customer experience, Kyle reports that Sprig, a startup offering tools for user and software product research, today announced that it raised $30 million. It brings the company’s total raised to $90 million.

When beautiful art is available at the press of a button, what does that mean to artists? Haje wonders in an article where he includes 30+ AI-rendered pictures of Batman. If you’ve never seen Batman as cookie monster, you’re missing out.

According to Redpoint managing director Annie Kadavy, there will be fewer total companies started in the next year than there were in the last two. And, somewhat counterintuitively, the investor thinks that the looming slowdown is “a great thing.” Redpoint just raised another $650 million to invest in “tech’s riskiest founders,” Natasha M reports.

More startup universe:

Getting acquired is a legitimate strategy for building your business

The difference in probability between selling a startup or taking it public is an order of magnitude. The odds of your company being acquired are ten times greater than the likelihood of your CEO ringing the opening bell at the NYSE.

And yet, startup culture encourages participants to believe that they’re on a path to an IPO, regardless of their sector, says Yair Snir, VP and managing director of Dell Technologies Capital.

“In my experience, many founders are more motivated by the potential for impact. For these kinds of founders, my advice is to always consider acquisition as an option,” he says. “It might not be obvious at first, but an acquisition can be your best path to massive scale.”

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

Read More

Getting acquired is a legitimate strategy for building your business image

Image Credits: Constantine Johnny / Getty Images

Big Tech Inc.

The $300 Link is a 4K webcam with a half-inch sensor. The system uses AI to automatically adjust its positioning and keep the user centered in-frame. Think of it a bit like Apple’s Center Stage software, coupled with hardware, Brian reports in his closer look at Insta360’s gimbal-mounted 4K webcam.

A few more nuggets of Big Tech Wisdom:

Read more stories on

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

Will once-bootstrapped startups turn to venture during a watershed moment?

Tuesday, August 2, 2022

TechCrunch+ Newsletter TechCrunch+ logo TechCrunch+ Roundup logo By Walter Thompson and Ram Iyer Tuesday, August 02, 2022 Welcome to TechCrunch+ Tuesday Image Credits: Peshkova / Getty Images Happy

Speak at the upcoming iMerit event

Tuesday, August 2, 2022

We're searching for the best and brightest minds in machine learning and artificial intelligence to speak at the 2022 iMerit ML DataOps Summit held virtually on November 8. If you are AI/ML expert

Did Bolt Mobility bolt? The startup left equipment and confused customers in its wake

Monday, August 1, 2022

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Haje Jan Kamps Monday, August 01, 2022 Monday is here, and we are excited to throw ourselves into another week of summertime tech news.

Max Q - Off the bench

Monday, August 1, 2022

TechCrunch Newsletter TechCrunch logo Max Q logo By Aria Alamalhodaei Monday, August 01, 2022 Hello and welcome back to Max Q. Last week was the week of ambitious timelines. In this issue: A modest

What's happening this week at TechCrunch | August 1

Monday, August 1, 2022

Plus more TC events coming up! We're sliding into August with special extensions on both Startup Battlefield 200 applications and TechCrunch Disrupt early bird pricing until Friday, August 5. If

[Python Mastery] What does it mean to "master" Python?

Tuesday, August 16, 2022

Hey there, A couple of years ago I'd become quite interested in martial arts. Hours upon hours of watching "The Karate Kid" growing up must've taken their toll on me... And so, I

Using HPC clusters to run simulations & solve complex equations

Tuesday, August 16, 2022

How to select the best processor & HPC system View this email in your browser White Paper - How to Select the Best Processor and HPC System for Your Workloads How to Select the Best

Don't miss out: Ready, Set, Actionable search results with Elastic Enterprise Search

Tuesday, August 16, 2022

Tailor-made for participants in tech and non-tech roles elastic | Search. Observe. Protect Search & Stream with Elastic Enterprise Search You've looked for a good movie to watch, but ever

Declining quality of consumer-grade products – 2009 fridge compressor autopsy — and Breaking all macOS security layers with a single vulnerability

Monday, August 15, 2022

Issue #860 — Top 20 stories of August 16, 2022 Issue #860 — August 16, 2022 You receive this email because you are subscribed to Hacker News Digest. You can open it in the browser if you prefer. 1

Meta backs SMB e-commerce app launched by former Facebook engineering manager

Monday, August 15, 2022

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Christine Hall and Haje Jan Kamps Monday, August 15, 2022 Hello, Crunchers! Wait, that's kind of a weird nickname, as if you're

JSK Daily for Aug 15, 2022

Monday, August 15, 2022

JSK Daily for Aug 15, 2022 View this email in your browser A community curated daily e-mail of JavaScript news Handling Optimistic Concurrency in Web Frontends Building scalable web applications

Live Long, Vote and Nominate #Noonies2022

Monday, August 15, 2022

for the brightest stars in tech ✨ The Noonies 2022 Greetings, Hackers 👋🏽 As you well know, HackerNoon is recognizing the incredible work of those who have boldly gone where no one has gone before, for

Max Q - Testing, testing

Monday, August 15, 2022

TechCrunch Newsletter TechCrunch logo Max Q logo By Aria Alamalhodaei Monday, August 15, 2022 Hello and welcome back to Max Q. In this issue: Northrop Grumman and Firefly Aerospace want to make the

Infographic | Sharpen Your Thinking with These 10 Powerful Cognitive Razors 💪

Monday, August 15, 2022

Here are 10 razors, or rules of thumb, that help simplify decision-making, inspired by a list curated by the investor and thought leader Sahil Bloom. View Online | Subscribe Get Our Premium Newsletter:

Daily Coding Problem: Problem #849 [Easy]

Monday, August 15, 2022

Daily Coding Problem Good morning! Here's your coding interview problem for today. This problem was asked by Apple. A Collatz sequence in mathematics can be defined as follows. Starting with any