May 26, 2022

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Hello and welcome to the Daily Crunch on Friday, March 18, 2022! Another week is behind us, which means it’s time to kick back and read the latest startup and tech news. For those of you who don’t mind, we’ve just announced that Sequoia’s Jess Lee is starting the conversation about attracting your first investor, and we’ve got a lot to look forward to at our mobility event. it, and since we’re talking about “moving, rolling”. I Alex

Vanity Kip top 3

  • Yandex Media wants to get rid of assets: Since the Russian invasion of Ukraine, the isolation of the Russian economy has affected companies large and small. Yandex, known as the best Internet company in the country, has its own problems. After gaming-updates reported that Yandex is going to sell some assets, it seems that Yandex News is one of them under the hammer.
  • Russia threatens YouTube: While most of our attention has been focused on the reaction of technology companies to the Russian attack on Ukraine, we are also seeing movement in the other direction. In this case, the Russian government is arguing with YouTube over some ads appearing on its service. Russia says YouTube is behaving like a slightly wealthy terrorist.
  • How to get a successful startup valuation: While it is clear that the overall startup fundraising market is changing, there are companies in the market that are still running in the nine-figure round at prices that almost feel like 2021 scrap metal. Webflow is one such company. But his assessment is somewhat clear, as we will explain.

Startups and venture capitalists

Why aren’t startups and venture capitalists attacking the menopause market? this is ours Connie Loizos I want to know. She rightly points out that despite more and more work in the field of fertility, there remains a huge gap in the market for those beyond childbearing age. And as the world ages, the market gets bigger and bigger.

  • From consulting to e-commerce: With $12 million in new capital, he is expanding his product distribution business from individual consulting sessions with experienced interior designers to product sales. Since the members of the forum recommend, well, things, why not sell them? I think this is not an axis, but a continuation.
  • Big used car business: If you’ve paid attention to inflation numbers, you know perfectly well that used cars are expensive these days. This means they are worth more than ever, and perhaps selling them is a good thing. With that in mind, it’s no wonder we’re seeing consolidation in the used car sales technology market. In this case, Shift is buying “some Fair Technologies technology from a competitor,” allowing the company to offer a range of third-party vehicles in its market.
  • Thus, he collects 1.8 million dollars: The company is based in both Rwanda and the UK, so the technology has a bigger purpose. He wants to use AI – maybe intelligent computing? – To help clients identify themselves as “Third Party Legal Service Providers”. Clearly, law is a big market, and getting legal help is more of a stumbling block than wandering around the park. The company has now raised a total of $2.6 million.
  • Connecting freelance designers in Africa: This is what Meaningful Gigs is working on, essentially hoping to take the current global gig economy and improve it a bit with focus and geography. The company has just closed $6 million and is looking to increase supply in its market. Other companies are doing similar work, which gaming-updates has covered, putting on gigs and shortening their lenses a bit. Perhaps our new distant reality will become a global gig-work accelerator?
  • Another one-click checkout solution: Also, people buy things online. And most importantly, it’s useless. And many companies produce goods to improve the buying process. Accelerating For example, with one click. Cold? Cold. Slick is the last to throw out his hat, and Vanity Kippa is watching. It’s not a sin to build in a crowded market, but let’s hope that someday this problem will be solved and we can talk about something else.

When should a startup hire a full-time lawyer?

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image credit: malerapazo (Opens in a new window) / Getty Images (image modified)

Every business needs legal advice sooner or later, but when a few hours of work from a lawyer costs about as much as a shiny new laptop, most startups put off working with lawyers until absolutely necessary.

Kristen Korpio, founder of CORPlaw, says it’s better to consider hiring a corporate lawyer when “it hurts a little – when you start to feel stress – rather than too early in your company’s life cycle.”

“Unlike some other positions that may have to be filled, you can find highly qualified outside lawyers to fill the gap as you need ongoing support,” she writes.

(gaming-updates+ is our membership program that helps founders and startup teams grow. You can sign up here.)

Big Tech Inc.

  • Porsche is going to make an electric 718: Without going into too much detail, Porsche makes a lot of cars. Some are rear engined like the 911 and some are mid engined like the Porsche 982 (Boxster, Cayman model). The German car company plans to make mid-engined cars electric by 2025. This is good, because if he puts all the batteries in the trunk, they will probably just run out.
  • Speaking of Porsche: The company is going to develop its own network of electric vehicle charging points. That’s good and all, but I would have a consortium of several automakers to get more points and faster.

And because I have to catch my plane: Australia is outraged by Meta’s fraudulent ad, saying the social company hasn’t done enough to fix the problem and satellite networks aren’t immune to hacking.

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