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    Is this the year that we get our dream back channeling platform? – TechCrunch

    Welcome to Startups Weekly. This is the first human coverage of this week’s startup news and trends. To put this in your inbox, Subscribe here.

    Of the many entrepreneurial catchphrases out there, the one that bothers me the most is “it’s not what you know, it’s the person you know.” This phrase may be intended to remind people with impostor syndrome of the importance of simple cold mail, but to remind people that an exclusive network dominates the world. Often comes off as a rebranded method of.

    That’s why we hope this year will be the year when the backchanneling social media platform is actually on track. At its best, backchanneling is guaranteed to those who do not have a Stanford University approval stamp and will help you bet afterwards. This process also helps prevent predatory investors from winning the deal. The impact of the process is clear, but the incentives for all parties to participate are slightly off. Some investors are still ridiculed by the idea that portfolio companies may be asked to rethink what it’s like to work with them. Similarly, the founders are surprised when the story, rather than the Cultureamp research, is where honest feedback really exists. Why? In a world where due diligence is evolving a bit lighter in the early stages, backchanneling is at the same time shifting from a deep conversation of strengths and weaknesses to a matter of pros and cons.

    Moreover, beyond the surface-level jokes, some of the most powerful people in today’s technology have eggs in many, many baskets-that is, want to talk critically about them, or talk about them. Those who can do this can be financially (or emotionally) limited by saying this.

    My pitch? We finally have a reliable platform that allows us to backchannel in an accessible and fair way. Anonymous private subreddits for founders already exist in many forms, but we want an app that expands access so that everyone can validate the proposed value.

    For more on my point of view, see the TechCrunch + column with Equity co-hosts Alex Wilhelm and Mary Ann Azevedo. Three views on how due diligence will change in 2022. I also recorded a podcast If you like the newsletter for your ear root, Instead.

    The rest of this newsletter will explain Wordle, future revenue as a business model, and why you think Y Combinator is reading my text message.As always, you can follow my thoughts on Twitter @nmasc_..

    A word about Wordle

    The creator behind the app in everyone’s mind, not anyone’s app store, chatted with TechCrunch About the rise of the weak in Wordle. The game of users guessing a five-letter word in six trials has grown from less than 1,000 players to two million players in a few weeks.

    Here’s what you need to know: As Owen Williams explains, Wardle’s nostalgic atmosphere is unloved by anyone.The game has been Choosing the open web will punish you from the app store.. Here’s how he puts it on TechCrunch’s latest column:

    Wordle faces a threat that has not yet been deployed. Game developers are basically punished by the app store for choosing to build using open web technology rather than native apps. Not only is this kind of behavior allowed in the Apple App Store, it’s rarely reliable. As far as Apple is concerned, Wordle doesn’t exist because the native app hasn’t been built.

    The way developers of fully functional and competent web apps like Wordle claim their name on the App Store is also a way to guide users to the right place and protect their website from impersonators. There is no way to list it. Google actually allows developers to upload certain progressive web apps to the Play Store, but at the time of writing Wardle doesn’t seem to have chosen this. If you want to protect your game in the Play Store when the clone appears in the Play Store, you have at least the option to do so.

    Consumer love, whimsical things:

    Image credit: Bryce Durbin / TechCrunch

    And this week’s startup …

    arc! A SaaS-enabled fintech platform emerges from Stealth this week with $ 150 million in debt Stripe Partnership Financing and $ 11 Million Seed Financing. As our own Mary Ann reports, “Arc builds what’s called a’community of premium software companies’ that provides SaaS startups with a way to borrow, save and use everything on a single technology platform. doing. “

    Here’s what you need to know: As discussed in this week’s equity, Arc, like Brex, is one of the startups that couldn’t exist 20 to 10 years ago. The company is completely betting on the expected future returns of other startups. This is a statement of maturity in this once messy SaaS scene.

    Honorable Mention:

    GettyImages 1186698642

    The peak value of the plastic pipe bar graph on a purple background just above the view.

    Is Y Combinator reading my text?

    Last week I wrote a newsletter about how accelerators need to update what they consider to be “value-added services.” And a few days later, Y Combinator Increasing check size and ownership. At that accelerator company. My point, then and now, is that accelerators need to be offered more than ever to stay competitive. YC’s new check shows that we want to be more aggressive on the same swing.

    Here’s what you need to know: Despite some expected changes, it was controversial among seed stage investors. Seed stage investors saw this move as more competitive than complementing the broader early-stage ecosystem. In equity, we talk about both sides and Why international founders may find it difficult to make new deals.

    New, new:

    yc school

    Image credit: Getty Images

    Around TechCrunch

    If you’re like me, you talk about the future of finance at least twice a day. But even our smartest people have a hard time keeping up with the decentralization of regulation, money and culture, so the upcoming event will be even more exciting. On March 30, 2022, TechCrunch is hosting DeFi & The Future of Programmable Money with Sommelier Finance. We are working on everything from basics to moonshots. Sign up for this virtual event right away.

    Throughout the week

    Seen on TechCrunch

    Dormitory Room Fund returns to campus with a new $ 10.4 million fund

    Note: Your company is watching over you

    Take-Two Acquires Mobile Game Giant Zynga for $ 12.7 Billion

    Fintech Brex confirms $ 12.3 billion in valuation and snaps up Metaexec to act as product manager

    Career Karma Lands $ 40 Million to Evolve into Educational Technology Employee Benefits

    Seen on TechCrunch +

    What should I learn from Theranos?Have friends

    Startup Founder’s Guide to Allocate Equity Grants

    Brazil’s FinTech and InsurTech innovations embark on regulatory tailwinds

    Despite the angle of play vs. acquisition of blockchain games, I prefer to pay

    According to the data, 2021 was a record year for venture capital.

    Until next time,

    N

    Is this the year that we get our dream back channeling platform? – TechCrunch Source link Is this the year that we get our dream back channeling platform? – TechCrunch

    The post Is this the year that we get our dream back channeling platform? – TechCrunch appeared first on California News Times.

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