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Hey, you fried treats. Fried, because that’s what made you crispy. No? Because that’s the daily crunch?
The TechCrunch team has been so competitive this season of the Great Tech Bake-off and cooked up an incredible amount of delicious news over the last 24 hours that it took us almost a damn 24 hours just to devour the full tasting menu. Don’t worry, we’ve selected some of the juiciest and most Michelin-starred news for you, served up in bite-sized pieces.
Our most popular dishes
Phishing Expedition: Revolut confirmed that it was hit by a cyber attack, likely the work of a phishing campaign that led to the disclosure of the personal information of tens of thousands of users. Karly writes.
A different kind of fish: Though the thought of eating sardines might be gross, this particular sardine was a sweet treat for Andreessen Horowitz, who backed the company’s $51.5 million Series B round to help the company “go rotten.” track down fintech transactions”. anita writes.
Data is no longer landlocked: “Genie effectively enables the world’s first real-time CRM,” said Patrick Stokes of Salesforce, GM of the platform, of the company’s new data lake, which offers a new approach to moving customer data around the platform. Ron reports.
Startups and VCs
Legendary New York-based venture capital firm Lerer Hippeau announced $230 million in additional funding for two new funds: LH Seed VIII, which focuses on pre- and early-stage companies, and LH Select IV, which focuses on series companies A to C invested. Christine reports. Oh, and Ben Lerer is back with the company full-time after completing the sale of Group Nine Media to Vox Media earlier this year.
Go feast on these:
4 Labor Law Mistakes Startups Can Stop Making Today
Photo credit: Martin Diebel (opens in a new window) /Getty Images
There’s no nice way to put it: When it comes to onboarding new employees, most early-stage startups are either inept or disinterested.
At this point in a company’s development, speed and growth are considered more important than simple paperwork. And since most first-time founders don’t have leadership experience, problems do arise at some point.
In her second article for TC+, Attorney Kristen Corpion examines the risks associated with non-compliance and describes four common mistakes that lead to problems later.
“By proactively addressing labor law issues early on, a startup can scale more seamlessly,” she writes.
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TechCrunch+ is our membership program that helps founders and startup teams stay ahead of the competition. Here you can sign up. Use code “DC” for 15% off an annual subscription!
Spotify, more like Bookify, today launched its audiobook streaming service with over 300,000 titles. Sarah writes that what makes Spotify’s services unique compared to other platforms is that “each title has an individual price, rather than having a single, uniform price for all books in the catalogue. Spotify intends to make this one of the key differentiators and competitive advantages of its service.”
If you are an Nvidia fan Devin, Rebekah and kyle covered various aspects of the company’s GTC event. We have the new high-end GPU RTX 4090, the Drive Thor chip for autonomous vehicles, services for training large language models, and new products for robotics developers.
More from the canteen: