Welcome again to Week in Assessment, our e-newsletter the place we wrap up most of the prime tales to hit TechCrunch over the past seven days.
The huge factor this week, based mostly on what individuals have been studying most, have been the small print of a memo despatched from Y Combinator to its portfolio founders.
Because the markets proceed to slip,YC is telling its portfolio founders that it’s time to batten down the hatches — lower prices, lengthen runway and get to a “default alive” state. “For these of you who’ve began your organization throughout the final 5 years,” YC writes, “query what you imagine to be the conventional fundraising setting.”
Manish has the total 10-point electronic mail proper right here.
Moreover extra dangerous information concerning the markets, what else was happening?
Apple testing a foldable?: Is Apple tinkering with the thought of folding telephones and/or tablets? Analyst Ming-Chi Kuo says Apple is testing E-Ink shows for the secondary show on an as-of-yet-unseen “future foldable”. As Brian factors out, although, “there’s an enormous gulf between testing and releasing” — in different phrases, don’t be too stunned if this one by no means sees the sunshine of day.
NHTSA probes Tesla crash: Earlier this month, a Tesla Mannequin S “hit a curb and slammed into development gear”, killing three. The Nationwide Freeway Visitors Security Administration is now trying into the accident to find out if Tesla’s Autopilot system may’ve been concerned.
DOJ says it’s going to not prosecute good-faith hackers: After method, method, method too lengthy, the U.S. Justice Division is re-evaluating the way it seems at hacking circumstances, for the primary time outright stating that “good-faith safety analysis shouldn’t be charged” beneath the Pc Fraud and Abuse Act.
Haje on Coke’s new bottle cap: “When [Coke] sends out a hand-wringing press launch about how superior they’re for launching a bottle cap the place the cap stays hooked up to the bottle ‘for environmental causes,’” writes Haje, “I’m sorry, my blood simply boils.”
PayPal Ventures alums launch a brand new fund: Inside a couple of months of parting methods with PayPal Ventures, these three alums had raised an enormous new fund of their very own. The main target? Fintech, and backing “startups that tackle ‘the most important hurdles’ in right this moment’s monetary infrastructure: entry, utility, flexibility, and value.”
Now we have a paywalled part of our web site referred to as TechCrunch+. It prices a couple of dollars a month and it’s filled with superb stuff! From this week, for instance:
Solo or co-founder?: You’re beginning an organization. Do you do it alone, or discover a co-founder? It’s a query I’ve heard requested just about each time I’ve been on a panel with VCs or founders. On this publish, co-founder of DocSend (acquired by Dropbox in 2021) Russ Heddleston shares his ideas.
Are startup layoffs accelerating?: It looks like we’re listening to about new layoffs each different day. How rapidly are startup layoffs accelerating? Alex Wilhelm dives into the info.
Relieving the world’s lithium scarcity: Lithium-ion batteries, because the title suggests, require lithium. However “right this moment’s lithium mines can’t hope to satisfy the skyrocketing demand,” writes Tim De Chant. So the place will we get it transferring ahead? Tim takes a have a look at some potential options.