Tech

Elon Musk unveils three-pronged strategy to fund his $43B Twitter purchase – RegularFeed

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On this high-quality day of April 21, 2022, we have fun a shiny new podcast from our crypto crew: Chain Response. Q: Why is the podcast so loud? A: As a result of it’s immutable.

This is the reason we don’t get to jot down the crypto puns on the location.

Come as you might be, as you had been, as I need you to be; it’s occasions season at RegularFeed! Waymo boss Dmitri Dolgov is coming to Mobility, and we’re internet hosting a pitch competitors as properly. Get your functions in! Our flagship occasion, RegularFeed Disrupt, is coming again in October, and you’ll snag your tickets now!

Might your day be as easy as barely aggressive elevator jazz – Christine and Haje

The RegularFeed High 3

  • It’s ‘Elon Musk Time’ on a regular basis now: Captain’s Log, Day 421: The crew is getting stressed with nothing to do however discuss in regards to the newest on what Elon Musk plans for Twitter. In the present day, Alex reads a brand new SEC submitting so that you don’t must. It outlines Musk’s proposal to buy all excellent shares of the social media big and the place he’s getting the cash to do it. On the identical time, we find out how a lot Musk has in his personal holdings — a minimum of how a lot he’s keen to half with. In non-Twitter information, it seems like Musk has no scarcity of money-making alternatives: Rebecca reviews on The Boring Firm elevating $675 million for Loop tasks, which is his challenge to construct underground highways to alleviate visitors congestion, his prediction that the Optimus robotic Tesla is constructing will someday be value greater than the corporate’s full self-driving enterprise, and that Tesla goals to mass-produce robotaxis. Whew!
  • No must commute to work. Swap houses as an alternative: Andreessen Horowitz led a funding spherical into Kindred, a startup based by some Opendoor alums who needed to journey whereas working remotely however didn’t need simply anybody utilizing their houses whereas they had been away. What’s fascinating about Kindred’s method is that it’s “a give and get coverage,” the place members pay an annual $300 price to permit somebody to remain of their house whereas they’re in one other.
  • Now we all know what William Hockey has been doing: The Plaid co-founder stepped down in 2019 and based a financial institution, Column. Stunning for a fintech founder, the place many had been unbundling financial institution companies through the years, and but not shocking as now many are rebundling them. In Column’s case, Hockey says the financial institution’s direct connection to the Fed implies that “builders can use Column to construct apps that pull and push cash to any checking account, for instance, or keep FDIC-insured checking and financial savings accounts” with out having to undergo one other entity to entry federal deposit insurance coverage.

Startups and VC

I’m an absolute sucker for VC corporations with uncommon funding theses, and Tofino Capital has a very uncommon instance of that: The agency simply closed the primary $10 million of a fund that goals to put money into markets the place funding {dollars} fall below $5 per capita. Can’t say I’ve heard anybody method it that method, and it definitely focuses the eye – very cool, and I hope they present an outsized return. In fact, that’ll most likely make different VC outlets get up and enhance the funding to above that greenback quantity, however that’s half of what makes this fascinating!

Carta is the go-to possession administration platform for startups, simplifying and making clear the generally advanced possession constructions of startups. Fairly curious to see how Liquifi goes to evolve – it goals to do the identical for web3 and firms issuing blockchain tokens.

Let’s climb into some prime-time information grime – right this moment, in rhyme!

  • Intention to tame the disgrace: Sexual well being, psychological wellness, weight administration and fertility are all taboo subjects to some – and Singapore-based Extraordinary Folks is including a layer of telehealth to shed the taboos. It additionally raised $5 million to go more durable, higher, quicker, stronger.
  • Inflicting an harm to the thriller of the credit score historical past: Money-rich however credit-history poor, immigrants are sometimes met with a shrug of their adoptive nations. Fintech Pillar raises $17 million to repair that.
  • This drone picks a bone when an unknown enters the fallacious zone: By sacrificing its personal rotors and snaring its enemies in a web, this super-cool kamikaze drone takes down different drones.
  • A intelligent sleuth discovered the reality about an issue with Bluetooth: It seems that Cue Well being’s COVID-19 tester has a safety flaw meaning it’s doable to flip a unfavourable outcome to a constructive, or vice-versa. Thoughts you, it’s kinda laborious to see what the massive dealeo is; it’s straightforward sufficient to cheat just about all at-home exams from constructive to unfavourable with a deliriously no-code hack: Don’t stick the swab up your schnoz.
  • A mighty high-quality headline wins a shrine on this e-newsletter of mine: Typically all it takes to get a function spot within the Every day Crunch is making me snigger — and Lauren earned a spot with the headline for her story about Netflix’s subscriber numbers.

The best way to pitch me: 6 buyers talk about what they’re in search of in April 2022

A single goldfish leaping from a crowded bowl into an empty bowl.

Picture Credit: David Arky (opens in a brand new window) / Getty Photographs

The VC market is slowing down.

Groups that efficiently shut a funding spherical will discover themselves with a shorter runway than they deliberate on. And partnering with an investor who understands the enterprise properly sufficient so as to add worth is extra important than it was a yr in the past.

A founder’s pitch is step one on that journey, so we’re operating a collection of interviews with energetic buyers to be taught extra about what they’re in search of and the way they like to be approached:

  • Christine Tsai, CEO and founding accomplice, 500 International
  • Marjorie Radlo-Zandi, angel, Launchpad Enterprise Group, Department Enterprise Group
  • Clelia Warburg Peters, managing accomplice, Period Ventures
  • Anarghya Vardhana, accomplice, Maveron LLC
  • Frederic Huynen, accomplice, and Wijnand Bekker, affiliate, HPE Progress

(RegularFeed+ is our membership program, which helps founders and startup groups get forward. You’ll be able to join right here.)

Large Tech Inc.

  • Amazon breaks out the serverless choices: Among the many product launches on the AWS Summit occurring is the enlargement of Amazon’s serverless choices, which embody with the ability to scale up or down faster. What this implies is prospects don’t have to fret about managing information capability or the excessive prices related — the corporate says “this new system can save customers as much as 90% of their database price when in comparison with the price of provisioning for pre-capacity.” When was the final time you saved 90% on something?
  • HBO’s streaming service provides us some excellent news: Sorry Netflix, HBO Max and HBO noticed subscriber numbers go up within the first quarter. Although it’s not talked about, I believe it was the L.A. Lakers present that helped. In the meantime, CNN didn’t have a very good day.
  • Russia sanctions Vice President Kamala Harris, Mark Zuckerberg, others: I loved Ingrid’s intro to this story, “From the division of Tit for Tat,” Harris, Zuckerberg and a listing of different high-profile U.S. figures are actually barred from coming into Russia, indefinitely it appears. Such a disgrace, we heard it was pretty there within the springtime.



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