Apple Announces 2022 App Store Award Winners • TechCrunch
Apple Announces 2022 App Store Award Winners • TechCrunch
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Oh hey! While we have you here, grab your calendar – we have a few things to add. For the stargazers among us, we’ll be in Los Angeles doing it TC Sessions: Space on December 6. And on April 20, 2023, we are heading to Boston for our TC Early Stage festival. Come to both. Come to both. Come to neither. We love you all the same. But we’d rather see your faces in person if we could!
Oh, and did you know it’s Giving Tuesday? That means it’s time to think about which of your favorite causes deserve some of your time or dollars, if you have some to spare. – Kristine AND He came
Top 3 TechCrunch
- And the winner is…: Okay, all you fans of taking pictures of yourself “in the present”, no matter where you are. Ivan writes that BeReal won “app of the year” for 2022 at Apple’s annual App Store awards.
- Order it!: Nigerian restaurant tech company Orda swallowed $3.4 million and is now perfecting its recipe for a cloud-based operating system that helps digitize Africa’s small restaurants. get there are more.
- M&A action: Manisha reports that India-based fintech CRED is acquiring CreditVidya, a SaaS startup specializing in underwriting first-time borrowers. He reports that this is CRED’s latest move to expand its infrastructure and product offerings.
Startups and VCs
The venture market is in the midst of a downturn, but there are still many emerging fund managers. Seedstars announced today that it has launched a platform called Seedstars Capital with Switzerland-based investment company xMultiplied to help young fund managers around the world launch funds and develop their investment firms. Said the people behind the initiative Catherine that “Seedstars’ mission is to impact the lives of people in emerging markets through technology and entrepreneurship.”
Earlier today, noted VC Bill Gurley compiled a list of many “red flags” that VCs should have paid more attention to when funding FTX, suggesting in a tweet that this collection of warning signs can help keep VCs “out of investor harm. locker” going forward. All well and good, but in her wonderful piece today, cone wonders if publishing them now is a bit like shouting “Fire!” as everyone is already out of the theater, watching his burning remains spread across the parking lot. Most of the behavior Gurley identified today stopped when the market suddenly moved in the spring, and by then, the damage was already done.
And we have five more for you. Can you spot the theme of these word games? Leave a @Haje on Twitter if you think you know the answer!
Early-Stage Founders Still Have Money: Fundraising in Time of Greater VC Scrutiny
According to a preliminary report from DocSend, founders conducted an average of 52 meetings with investors in 2022, compared to 39 last year. At the same time, they are delivering 30% more pitch decks, but VC engagement is down 23%.
“Founders can get discouraged in this environment, but they need to remember that they also have ‘currency,'” said Russ Heddleston, co-founder and former CEO of DocSend at Dropbox.
The DocSend report recommends using no more than 50 words per slide. The sections of the deck that address the purpose, product, and business model are the meat in the sandwich, so founders should spend more time polishing those points.
“Investors spent the third most time reviewing the company’s intent slide on the pre-conduct deck, behind only the business model and product slides,” Heddleston said.
Three more from the TC+ team:
TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here. Use code “DC” for 15% off an annual subscription!
Big Tech Inc.
A bunch of our fine folks are covering Amazon AWS re: Invent conference in Las Vegas this week and have already posted a number of AWS announcements and updates. If you’re looking for recommendations, let us direct you to:
- Frederickthe story of Amazon DataZone, a new data management service that “can help enterprises catalog, discover, share and — most importantly — govern their data.” if you have “Dangerous area” stuck in your head now, you’re welcome.
- Ronlit item AWS Supply ChainAmazon’s answer to “supply chain chaos.”
- PaulSee AWS natural language updates at QuickSight Q.
- Brianthe story of young women AWS SimSpace Weaverwhich “allows developers to run city-scale simulations in the cloud.”
Here’s some non-AWS news for you:
- It’s like your own little Coachella: Ivanthe story of The Instafest app went viral in the early hours of this morning. The app lets you create your own music festival lineup from your Spotify favorites.
- Just when you thought it was safe to enter the water…: India wants to keep its citizens protected from cryptocurrencies, but at the same time is ready to introduce a retail digital currency, called e-rupee, starting in December. It aims to reduce the country’s dependence on cash, Manisha reports.
- It’s not about money, money, money: People shop after Thanksgiving and Ingrid writes that Cyber Monday online sales hit a record $11.3 billion, and not just because prices have risen with inflation — deep discounts and demand for certain products helped.
- Releasing the bird from the cage: Be careful where you get your news about COVID-19. Natasha L reports that Twitter is no longer enforcing its fraudulent COVID information policy when it comes to virus posts.
- What about your friends?: Moving to Mastodon? do not worry, Sarah have a look at movetodona new tool that helps you find your Twitter friends out there.
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