Every day Crunch: Falling in need of analysts’ estimates, Warner Bros. Discovery posts $2.1B internet loss for This autumn 2022
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People, we’ve obtained some actually unhappy information for you. The weekend is right here, which implies that it’s important to cease working for a pair days. We all know, it’s a tragedy. However don’t fear, Monday is just two brief weekend days away, after which you may get again to the grindstone.
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A lot love and hugs and such, Christine and Haje
The TechCrunch High 3
- Cash, cash, cash…should be humorous: Warner Bros. Discovery revealed that it misplaced one other $2.1 billion within the fourth quarter. That is regardless of the success of exhibits like “The Final of Us” on HBO and video games like “Hogwarts Legacy.” Lauren explains extra.
- Trend layoffs: Secondhand attire market Poshmark is now shedding staff simply two months after being acquired by Naver, Kate reviews.
- One other brick within the wall: Ron explains why a potential U.S. Division of Justice lawsuit over competitors may derail the pending $20 billion Adobe-Figma deal.
Startups and VC
The reality of the matter is that Cellular World Congress (MWC) was by no means a shopper tech present, per se, however the participation of varied smartphone makers reworked it right into a helpful launching pad. Brian explores in What we anticipate from MWC 2021.
Within the face of conscripted co-founders and blacked-out bunkers, Ukraine’s tech trade marches on. Mike explores how, a 12 months on from Russia’s invasion, Ukrainian startups present astounding resilience.
And now we have 5 extra for you:
- Pay, pay pay: Telecom big Airtel eyes a stake in Paytm, by Manish.
- Purchase, purchase, purchase: Rebuy is out to vary the shopper shopping for expertise, one personalization at a time, Christine reviews.
- Deb, dev, dev: Alchemy launches a device that permits devs to start out constructing dApps inside 4 minutes, Jacquelyn reviews.
- Ai, ai, AI: Natasha L reviews how Voicemod instruments up with $14.5 million to experience the generative AI (sonic)growth.
- Pic, pic, pic: South Africa’s Envisionit Deep AI will get $1.65 million to develop entry to medical imaging, reviews Annie.
5 questions rising managers ought to ask earlier than deciding on LPs
Picture Credit: Constantin Johnny (opens in a brand new window) / Getty Photos
Earlier than an rising supervisor can begin backing startups, they’ll first have to earn the belief of restricted companions who’re keen to wager on their funding thesis.
“Every step up the decision-making ladder will increase the danger of dismissal, misplaced data or miscommunication, which might be mitigated if you may get in entrance of the decision-makers early on,” says Linda Greub, co-founder and managing associate of Avestria Ventures.
Drawing from her personal expertise, Greub shares 5 questions rising managers can use “to seek out the traders almost certainly to imagine in you.”
Three extra from the TC+ workforce:
TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You’ll be able to enroll right here. Use code “DC” for a 15% low cost on an annual subscription!
Large Tech Inc.
A brand new hacker group going by the identify CH01 defaced Russian web sites to have them show a video of the Kremlin on hearth. Lorenzo has extra.
Google One subscribers can rejoice over this information that they now have entry to Google Images’ new AI-powered “Magic Eraser” that can take away unhad wished content material from photos, Sarah reviews.
Now we have a deal with for you: six tales as a substitute of 5:
