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VW Group changes drivers — CEO Scott Keogh shifts to launch Scout EV brand – TechCrunch

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Oh hey, and welcome to Wednesday’s Daily Crunch! Today the whole office is literally full of robotics. Literally because we’re not sure if we actually have an office at this point, and if we do, we don’t know who’s there. Maybe we’re really busy in Slack.

In any case, tomorrow is the big day! TC Sessions: Robotics is finally with us! You can secure a (free!) ticket before the event. Here’s the agendaand These are the companies that will be hitting the event. Join us – we’ll hang out in chat and even perform on the virtual stage from time to time.

Oh, and with a title like OK, fear not: the long shots still get venture capitalyou just knows A treat awaits you with today’s episode of the Equity Podcast. — Christine and hey

The TechCrunch Top 3

  • Explore new aspirations: Scott Keough, Volkswagen’s US CEO, is stepping down from his post at the automaker to take on a similar role at Scout, which makes electric pickups and SUVs. jaclyn writes.
  • This isn’t a cold brew: Trust hey to step up to his slightly caffeinated soapbox in his brief review of Spinn, “the $1,000 coffeemaker for people too lazy to learn about coffee.”
  • Puff, puff, pay: Over in the land of TechCrunch+, ann highlights a market analysis of cannabis retailer Dutchie’s new Dutchie Pay product, which allows you to digitally pay for cannabis when purchasing from one of the dispensaries the company works with.

Startups and VCs

Ex-NBA and Team USA basketball star Michael Redd is now co-founder of 22 Ventures. In his latest TechCrunch+ column, he advises and suggests not to let down founders in a downturn 3 ways to support your portfolio.

In the meantime, hey challenges the wisdom of changing your startup’s name to something that cannot easily be trademarked, as exemplified GetHenry changes its name to Cycle.

Let’s share some more news:

Fundraising tips for early and mid-stage startups in 2022

Photo credit: Massonstock (opens in a new window) /Getty Images

Given the current conditions, best practices for fundraising and investor relationship building are less relevant than they were a year ago. Back then, the promise of early growth was enough to help the founders complete seed and Series A rounds.

Today, startups with long sales cycles that aren’t cash flow positive may not even qualify for follow-up investments.

If you’re curious about what types of startups investors are willing (and not) to look at, Yamin Durrani, CEO of Kami Vision, has written a comprehensive post on the changes he’s seeing between fundraising in Q4 2021 and Q3 2021. quarter of 2022 going through.

“Don’t panic, VCs are currently interested in investing – just in a few areas,” he writes.

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

BigTech Inc.

The Indian government claims that Chinese smartphone manufacturers, including Xiaomi, are evade taxes. However, even in the midst of these struggles, Xiaomi announced it shipped over 200 million smartphones in India, Manic reports.

That’s not the only company dealing with the Indian government. Amazon is also facing a setback after an Indian court agreed to bankrupt its partner Future Retail, Jagmeet writes. Speaking of Amazon, kyle reports the company introduced its new Alexa developer tools today while Ivan writes about Amazon’s new Partnership with Skullcandy to offer two intelligent assistants.

Netflix was in the news today, and Lauren dropped a trio of stories about her. One story touches on the company’s not-so-good news lose subscribersand the other two stories offer one Update on its ad-supported level and a Animal Logic acquisition.

In the meantime, Karly writes that Google Drive is in the spotlight after that was discovered Russian hackers use the software to hide malware.

Here are some others that we think you’ll like:

VW Group changes drivers — CEO Scott Keogh shifts to launch Scout EV brand – TechCrunch Source link VW Group changes drivers — CEO Scott Keogh shifts to launch Scout EV brand – TechCrunch

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