Subscribe here for the biggest and most important stories from TechCrunch delivered to your inbox every day at 3pm PT.
It’s Thursday, May 12th, so have a nice Friday Eve. Congratulations to the “GoogleCrunch” team who wrote 28 articles to cover Google I/O yesterday. You can catch all Googliness here. summer solstice has been on vacation for a few days and now he seems to know who the funniest is. see you tomorrow! – Christine
TechCrunch Top 3
- From Twitter Executives: It’s not surprising given what’s going on, but the Twitter saga enters a new chapter today. Some key executives, including GM of consumer Kayvon Beykpour and Bruce Falck, head of revenue products, said their service was no problem at all from current CEO Parag Agrawal. need longer. We are watching this. There will probably be more.
- Softbank economic slowdown: As we saw on Tiger Global yesterday, one story commenter said, “The pandemic is really making us reevaluate every decision.” SoftBank, for example, said it could cut investment in startups by more than half in the upcoming fiscal year.
- Terra is back on track: Jacqueline We continue to follow the latest information on TerraUSD, reporting that Terraform Labs has resumed blockchain production after a brief pause. This follows the “collapse of the Terra ecosystem this week,” which took down the stablecoin UST and the rest of the cryptocurrency market. Meanwhile, Alex As he said, we looked at how great crypto startup venture capital investments were in Q1, before “everything went to hell”. In fact, “Cryptocurrency winter is coming”. Check out today’s chain reaction podcast to learn more.
Startups and VCs
- Let’s start with the M&A news. After outsourcing digital identity verification, Checkout.com decided to bring the feature in-house when it acquired Ubble. The terms of the deal have not been disclosed, but Checkout.com can definitely afford it after raising $1 billion in funding in January. Meanwhile, desktop 3D printing companies MakerBot and Ultimaker decided to formalize it, tying the knot with a merger that spins off MakerBot from parent company Stratasys. And across the pond, Nexi acquired Orderbird, a startup that now provides point-of-sale services to restaurants and other hospitality companies, a large market.
- show me money: While providing financial services is popular in Latin America, payments have proven to have their place in Africa. Interswitch played a major round today, looking to expand across the continent.
- Call all customers: In the past two years, customer service calls have been fast and furious as most shopping has gone online. Implementing helpful tools has not been something small businesses can do because of the complexity of adding a layer of technology. This is where Tidio comes in. With automated customer service delivery, you can get your business up and running quickly, performing repetitive tasks, and contacting customers who get a lot of calls.
- Brazilian Fintech is currently worth $1.5 billion: Supporting businesses to offer their own financial services continues to be hot in Latin America. Dock is the latest company to raise $110 million and see the fruits of its labor. We currently have over 65 million active accounts.
When and How to Hire Your Startup’s First Growth Marketer
Emotions and intuition often drive a lot of hiring in early-stage startups, but when a company is a good fit for the product market and looking for a target audience, “hiring a growth marketer is a sign that you can scale up your efforts much faster than you would otherwise. “, says Jonathan Martinez, who has helped grow companies like Chime, Uber and Postmates.
In a TC+ post, Martinez explains how to identify the right type of growth employment, what traits to look for, and how to set clear expectations and milestones once you’ve joined.
“The priorities should consist of setting up a growth skill stack, creating a test roadmap to find the most efficient growth levers, and testing strong creative and copy for the first 90 days.”
(TechCrunch+ is a membership program that helps founders and startup teams stay ahead. You can register here.)