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Hey, you’re deep-fried morsels of delight. Deep fried, because that’s what makes you crispy. isn’t it Because it’s Daily Crunch?
The Technology Flow team has had so much competition this season of the Great Tech Bake-Off, delivering amazing news in the last 24 hours that it took us nearly 24 hours to take in the full tasting menu. Don’t worry, we’ve handpicked the juiciest, most Michelin-starred news for you, delivered in bite-sized bites.
Our most popular recipes
- Fishing trip: Revolut has confirmed it has been hit by a cyberattack, possibly the work of a phishing campaign, which ended up exposing the personal data of tens of thousands of users, Carly He writes that
- A different fish: While the idea of eating sardines is gross, this particular sardine is a sweet treat for Andreessen Horowitz, which backed the company’s $51.5 million Series B round so the company could “sniff out fish fintech transactions.” Anita He writes that
- Data is not landlocked: “Genie effectively enables the world’s first real-time CRM.” That’s what Salesforce’s Patrick Stokes, GM of the platform, had to say about the company’s new data lake, which brings a new approach to how customer data moves around the platform. Ron Reports.
Startups and VC
Legendary New York venture capital firm Lerer Hippo announced an additional $230 million in funding in two new funds: LH Seed VIII, which focuses on pre-seed and seed-stage companies, and LH Select IV, which invests in Series A to C companies. Christine Reports. Oh, and Ben Lerer is back at the firm full-time after completing the sale of Group Nine Media to Vox Media earlier this year.
Go ahead, feast on these:
4 Employment Law Mistakes Startups Can Stop Making Today
There’s no better way to say it: When it comes to onboarding new employees, most early-stage startups are inefficient or disinterested.
At that point in a company’s development, speed and growth are considered more important than basic paperwork. And because most first-time entrepreneurs lack management experience, problems eventually arise.
In her second article for TC+, attorney Kristen Carpion analyzes the risks associated with fraud and outlines four common mistakes that can create problems down the road.
“By addressing employment law issues early, a startup can set itself up to scale more smoothly,” she writes.
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Big Tech Inc.
Spotify, like Bookify, launched its audiobook streaming service today with over 300,000 titles. Sarah What makes Spotify services unique against other platforms is that “each title is priced individually, rather than having a single, fixed price across all books in the catalog. Spotify hopes this will be one of its service’s key differentiators and competitive advantages.
If you’re an Nvidia fan, Devin, Rebecca And Kyle The company’s GTC covered different aspects of the event. We’ve got a new high-end RTX 4090 GPU, the Drive Thor chip for autonomous vehicles, services for training large language models, and new products for robotics developers.
More from the cafeteria: