Welcome to Weekin Review. Newsletter Here’s a summary of many of the top TechCrunch hit stories in the last seven days.
The Big thing This week we had details of a note sent by Y Combinator to the founders of the portfolio, based on what people read most.
As the market continues to decline, YC tells the portfolio founders that it’s time to break the hatch. It’s time to reduce costs, extend the runway, and reach the “default alive” state. “For those who started the company within the last five years,” YC wrote. “Ask about what you believe to be a normal funding environment.”
Mannish The full 10 point email is here.
What else was happening in addition to the worse news about the market?
Is Apple testing foldable? : Is Apple tinkering with the idea of folding phones and tablets? Analyst Ming-Chi Kuo says Apple is testing E-Ink displays for “future foldable” secondary displays that haven’t been seen yet. But, as Brian points out, “there is a big gap between testing and release.” In other words, don’t be too surprised if this doesn’t see the light of day.
NHTSA investigates Tesla crash: Earlier this month, the Tesla Model S “hit a curb and hit a construction machine,” killing three people. The Department of Road Safety is currently investigating the accident to determine if Tesla’s autopilot system may have been involved.
The DOJ states that it will not prosecute sincere hackers. After all, for too long, the U.S. Department of Justice reassessed the view of the hacking case, for the first time fully stating that “honest security research should not be claimed” under computer fraud and abuse law. I am.
Coke’s new bottle cap Haje: “when [Coke] “For environmental reasons, we manually send you a press release about how great it is to launch a bottle cap with the cap still attached to the bottle,” Haje wrote. “Sorry, my blood boils.”
PayPal Venture Graduation Launches New Fund: Within a few months of parting with PayPal Ventures, these three graduates raised their own huge new funding. focus? Fintech helps “start-ups address the” biggest hurdles “of today’s financial infrastructure, including access, utilities, flexibility, and cost.”
What was added
On our site TechCrunch +.. It costs a few dollars a month and it’s full of very good stuff! From this week, for example:
Solo or co-founder? : You are starting a company. Do you do it alone or find a co-founder? This is a frequently asked question every time I join a panel with VCs and founders. In this post, Russ Heddleston, co-founder of DocSend (acquired by Dropbox in 2021), shares his thoughts.
Are startup layoffs accelerating? : I feel like I’m hearing about new layoffs every other day. How fast are startup layoffs accelerating? Alex Wilhelm jumps into the data.
Eliminating the world’s lithium deficiency: Lithium-ion batteries, as the name implies, require lithium. But “today’s lithium mines don’t want to meet the surge in demand,” writes Tim de Shunt. So where do you move it forward? Tim considers some potential solutions.