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Today, Haje was particularly upset about letting the Technology Flow Plus team publish one of his pitch deck teardowns without a paywall. If you’re not a TC+ subscriber and you’re interested in a critique of what a $65 million funding round looks like at a $1.7 billion valuation, it’s your lucky day. In addition to the freebie, now might be a good time to subscribe, though, as we’re running a Labor Day sale on annual TC+ memberships.
We’re also heading to Minneapolis soon, and we’ve published the agenda for a free Technology Flow virtual event that should be called “All Eyez on Me(Nessota)” in full. With apologies to Tupac.
Technology Flow Top 3
- When the doorbell rang: Ring has a shiny new feature called Ring Intercom, designed to pair with existing apartment intercom systems. Brian There is more.
- A valuation bump: Fintech fraud fighter Alloy is now valued at $1.55 billion after banking $52 million in new funding, Mary Ann Reports.
- Sharing care: Kyle Slack exec spoke with Steve Wood about the company’s new automation features that make workflows more shareable and discoverable by other Slack users, and where the company goes from here.
Startups and VC
Reddit’s acquisition spree continues this morning, with the company bringing in-house the technology of crowdsourcing firm SpikeTrap. Terms of the deal were not disclosed, but Reddit says SpikeTrap’s AI-powered contextual analysis and tools will help Reddit improve in areas such as ad quality scoring and leverage prediction models to power auto-bidding. Sarah Reports.
Some more, now with more emoji!
9 Strategies to Help You Overcome Your Fear of Fundraising
Pleasure cruises usually begin with a ship-wide safety briefing, where passengers don life vests and learn what to do in an emergency.
Similarly, there is no need to fear raising money to start a new venture, but entrepreneurs should have a healthy respect for a process that is completely out of their control.
“Any change is an opportunity to create leverage, and a downturn is no exception,” writes Masha Bucher, founder and general partner at early-stage VC firm Day One Ventures.
In this TC+ post, she discusses the current climate and shares “actionable tips for closing pre-seed to Series B rounds.”
(Technology Flow+ is our membership program that helps entrepreneurs and startup teams get ahead. You can sign up here.)
Big Tech Inc.
Yesterday, we reported that Snap had laid off 20% of its workforce, including the entire Genly team. We had fun today Paulof and RomaineA second look at what happened to the social mapping app that Snap bought in 2017 and perhaps answers the big question: “Zenly is still so popular, so why is Snap shutting it down?”
- Yo ho, yo ho, it’s a commercial life for me: Evan Disney+ is reportedly looking to get an in-app commercial feature that allows users to scan a QR code and be taken to a site with branded merchandise.
- Taking a stand: A group of Googlers continues to speak out against their employer over the $1.2 billion Project Nimbus deal and fears that Google’s technology will add to digital surveillance in the occupied Palestinian territories. Amanda Reports.
- Edit yourself: Later this month, Twitter Blue subscribers will be among the first to get a chance to try Twitter’s new feature that lets them edit their tweets, Evan He writes that
- Price tag: Instacart is acquiring Eversight, an AI-powered pricing and promotions company. Aisha The pairing “gives retailers and CPG brands access to new personalized and customized pricing tools,” he wrote.
- to the moon: or indeed to the International Space Station. NASA is paying SpaceX $1.4 billion in exchange for five more astronaut transport flights. Aria He writes that