Android lock screen platform Glance to roll out to US consumers in the coming weeks – TechCrunch

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Guess who’s back? Back again? Well, me after a long weekend, but Elon Musk is tweeting again, and He has many thoughts about socks. my accomplice, hey, remains in an undesired newsletter time zone, but will be back later this week. I want to point out a few things that are going on at TechCrunch. One of them is that TechCrunch Live’s weekly event series is new and improved, so learn more and register. Most of us here at TechCrunch spend our days on WordPress, and the Found team spoke to parent company Automattic CEO Matt Mullenweg for the latest podcast. — Christine

The TechCrunch Top 3

  • Just a look: Manic wrote two of our top stories. The first is a scoop he’s linked to Glance, which is reportedly launching its lock screen content platform for Android in the US over the next few months. He also addressed Twitter’s lawsuit against the Indian government sparked by content removal orders. This is just another in a long line of problems the company has had in this country.
  • No slowdown in climate technology: Paul shares Climentum Capital’s philosophy behind its new $157 million fund, which will flow into European start-ups that help reduce carbon emissions.
  • We need to figure out our ‘exit scratgety’: You’ll have to go way back in the SNL archives to find this reference, but this is the first of two hey public announcements for our founding friends. He says you really don’t need that “exit plan” slide in your pitch deck — there’s a lot of assumptions and predictions on the part of a founder, and it’s hard to know who wants to buy your company, so just throw it away it.

Startups and VCs

There are a number of very good TechCrunch+ stories today. I recommend starting with Alex‘s article on raising sweet capital in a sour market, essentially saying that venture capital firms should put their money to work when they can get more out of it. Then follow along with his story from yesterday, which dives a bit more into 2021 company valuations.

Speaking of making capital easier to use, some VC firms continue to raise funds, and Sequoia Capital has been busy. Rita reports that Sequoia’s China unit has raised $9 billion at a time when, she writes, “global investors are assessing the risks in China amid a COVID-hit economy and ongoing government crackdown on the Reassessing the country’s Internet newbies”. This complements a quick hit I took last week on Sequoia, which is raising two funds in the US.

In the meantime, heyToday’s other public service announcement is a reminder that not all of us understand at the same level, so startup founders should work to attract more bees with simple honey phrases rather than big, complicated flies.

You might like this today:

  • show me the money: kyle reports on Tesorio, which has completed a $17 million Series B to continue developing tools to help businesses automate their payment collection process.
  • The opposite of McHard is McEasy: In this case, McEasy is digitizing the Indonesian logistics, transport and supply chain industry and Catherine writes about the company’s plans now that it has $6.5 million in new funding.
  • drink up: I covered Maolac, an Israeli food technology company investing $3.2 million in new capital in its protein technology that uses bovine colostrum and creates an adult superfood.
  • If you like it, then you should have put a ring on him: Natasha takes us on a delightful journey looking at Ultrahuman’s new smart ring that aims to unlock metabolic health.
  • A “quantum leap” indeed.: Ingrid writes about the British company Oxford Quantum Circuits, which has raised $47 million for its quantum computing-as-a-service, which runs a 3D processor architecture called Coaxmon.
  • driving time: Rebekah interviews Veo’s Candice Xie about the e-scooter company’s steady journey towards profitability.

Without a clear question, your pitch deck is useless

Photo credit: Haje Jan Kamps (opens in a new window)

Fundraising is difficult because most people are inexperienced in asking strangers for money.

The “Questions” slide, where founders explain how they will spend investors’ money, is particularly challenging. To break the mental barrier hey recommends starting with metrics and milestones.

By how much will you increase MAU or decrease CAC? What are your target dates for expanding into new markets?

“The more specific your goals are, the easier it is to know if you’re heading toward them,” Haje writes.

(TechCrunch+ is our membership program that helps founders and startup teams get ahead. Here you can sign up.)

BigTech Inc.

Big news from yesterday was that Meta decided not to continue with its crypto payments wallet, Novi. Natasha writes. The company isn’t getting rid of it completely, so stay tuned for how it could be repurposed.

Meanwhile, Google itself is following suit a bit with KakaoTalk updates in its Play Store. Kate This reportedly has something to do with the messaging app refusing to remove its own payment links. You may remember, but Google doesn’t like that.

Over in Europe we have a trio of regulatory stories. First is Natashais about the approval of the European Parliament on a set of rules for digital businesses. then Paul writes about the UK pushing to criminalize “foreign interference”, particularly Russian information, under its proposed online security law. Finally, Ingrid reports on the signing of the UK’s first data-sharing agreement since Brexit with South Korea.

Take a look at some others:

  • Those are some great lenses you have: If you like smartphones with huge camera lenses, then you will love it hey‘s review of Xiaomi’s new phone.
  • A wedding in drone heaven: brian writes about the American Robotics owner’s acquisition of Airobotics and why it’s a good fit.
  • Talk about your failure at the reception: WeWork India was found to have disclosed visitors’ personal information and selfies, Zack writes.
  • Start those engines: Rebekah overheard Tata Motors’ shareholder meeting and noted that the Indian automaker aims to sell 50,000 electric vehicles by March 31, 2023.
  • Live commerce no more: TikTok is reportedly pulling the plug on plans to expand its live e-commerce unit, TikTok Shop, in the US and some parts of Europe. aisha writes. It will be interesting to see if live commerce is ever a thing in this part of the world.

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