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Hello and welcome to the Daily Crunch on November 22, 2021! The news will be busy until around noon on Wednesday as we are happy to report that this is a US holiday week. At that point, the Americans in your life turn off the internet and start eating. Please do not call. We are on the couch! — — Alex
TechCrunch Top 3
- NFT + Music = Royal? Today’s news reports that startup Royal, which combines NFTs, part of ownership, and music rights into one package, has announced a $ 55 million round of funding. This is after raising about $ 16 million last month. It’s a lot of money! A good question at this point is this: Why do crypto startups seem to require so much capital to do normal startups?
- League of Legends is still very popular. TechCrunch delves into the world of LoL today and analyzes recent Worlds tournaments — Sadly, Team Liquid had a hard time — Number of viewers and collaboration with the NBA. Frankly, even a little less contact from recent domain startups reminds us of how big the world of esports is.
- What happened to Paytm’s IPO? With its large public debut, Indian fintech giant Paytm struggled to maintain its market value. It fell during the first day of trading and also today after the market collapsed in its home country last Friday. Our reading after looking back at the numbers is that the company’s IPO was simply the wrong price.
Startup / VC
- If you say “creator” three times in the mirror, the VC will be displayed and the money will be packed in your hand. Today’s creator economy round is a hassle. LTK has raised $ 300 million from Softbank and rates the company at $ 2 billion. According to TechCrunch, LTK “helps social media influencers make their posts shoppable and put them on the central market for both the web and apps.”
- FSD Africa wants to strengthen its insurance technology on the continent. Insurtech is still a hot start-up category in the United States, despite some public market turmoil. Therefore, the group “will launch the InsurTech Accelerator Program in Ghana and Nigeria next year.” There’s news on TechCrunch.
- The $ 700 million worth of cybersecurity liquidity is: Today, the Schwarz Group, known as the “EU-based retailer,” announced that it has acquired Israeli security startup XM Cyber for $ 700 million. It’s so many duckets and I wonder why the deal was closed. According to our own Ron Miller, the point is that retailers want to protect themselves, so it bought the company to help with the job.
- AutoCloud raises $ 4 million for cloud viz: Today’s news that AutoCloud, the company behind the CloudGraph open source project, has raised money wasn’t surprising. Startups that use open source components have been getting a lot of attention lately, and investing in their ranks isn’t shocking at all.
- Fractional wants to help buy real estate with friends. While Zillow and other public companies are playing iBuying games, small businesses want to help you participate in the buying war. Fractional wants to help you and your friends buy real estate together. And the door vest, I picked it up last week, We would like to help users buy and manage rentals. A fun space to keep an eye on.
- Fonoa will raise $ 20.5 million for global tax compliance. The software is great because it can be sold over the internet. In short, you can build a global customer base. However, doing so also raises various tax bills. Enter the phonoa you want to help the customer solve that particular Gordian knot.
- Render, the winner of TechCrunch’s battlefield, offers itself a $ 20 million Series A. DevOps is a very strange software category because developers are very expensive. Therefore, there is a group tool budget to make effective use of labor costs. The render round is another example of that fact.
- Abeg shows that there are other ways to promote a startup besides Facebook ads. African fintech startup Abeg saw a large influx of new users after sponsoring a reality TV show on their continent. TechCrunch has the details of the deal and some questions surrounding the company itself, but the marketing strategy seems to have worked.
- And because it’s cute and neat Check out this retro handheld coming soon..
5 Essential Board Slides for SaaS Sales and Revenue Leaders
Prior to becoming a partner at Battery Ventures, Bill Vinci was the Chief Revenue Officer of Pend, a product analytics app.
In his previous position, he was responsible for providing the company’s board of directors with quarterly updates on growth and revenue.
“As a wise mentor once told me, no one gets a promotion from the board, but people will certainly be fired later,” he wrote in an article about. 5 slide sales and revenue team Must Be correct:
- Headline reel.
- Detailed one-fifth view.
- Segment, region, industry.
- Sales team health.
(TechCrunch + is a membership program that helps founders and start-up teams move forward. You can sign up here.. )
Big Tech Co., Ltd.
- Live shopping coming to Twitter: And is Wal-Mart its first retail partner? I don’t want to shop on Twitter. I want to read a tweet. But since I’m the only religious DAU, it only has a big impact on Twitter’s product choices (none). Anyway, Twitter teeth Entering live shopping, a popular category in some Asian markets, is probably soon, and probably again popular with people under the age of 80.
- Astra’s rocket does not boom, but reaches orbit, allowing for more testing. Most startups don’t have binary results. Things tend to fall along the shading line, depending on the situation, whether it turns gray or not. Rocket testing is not like that. As in the case of Astra, they either get on track or not. After one of its rockets didn’t, the next did. Currently, the company is doing more work.
- And another deal to conclude usThis time, Ericsson (International Networking) purchased Vonage (cloud communication) with a transaction worth $ 6.2 billion. Both are names I’ve heard quite often, but I haven’t heard them for a while. Perhaps as a pair, they can make a little more noise. And noise means money.
Are you catching up with last week’s growth marketing and software development coverage?If not, read it here..
TechCrunch wants to recommend growth marketers with expertise in SEO, social, content creation, and more.If you are a growth marketer, give this Research Along with your clients; I would like to ask why they liked to work with you.
How a 6-month-old fintech startup sponsored Nigeria’s biggest reality show – TechCrunch Source link How a 6-month-old fintech startup sponsored Nigeria’s biggest reality show – TechCrunch