Maverick ‘sold to Spotify for an undisclosed amount TechCrunch
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June 13, 2022. You know what that means: It’s Monday! Whether the word terrifies or delights you, Monday is associated with not caring about your opinion of itself. Wish we were all a little more like Monday in that respect.
Meanwhile, we learned from Darrell that WWDC stands for “wow, what has been sinking continuously,” and whether or not that is exactly the case, it surprised us with delight.
Tomorrow, part of the TechCrunch team will attend our Climate event in Berkeley, California. It’s not too late to get a ticket and join us live! – Haje and Christine
TechCrunch’s Top 3
- You are still dangerous, but you can be my side any time: Spotify is acquiring Sonantic. If you haven’t heard of the company, you probably know it as the AI voice platform that gave Val Kilmer the voice of the movie “Top Gun: Maverick”, Ingrid report. We don’t know the “why” of the acquisition, but it is noted that Spotify wants to boost its audio technology game.
- Magic Spoon finds its target: Consumer-oriented cereal brand Magic Spoon is the latest retail brand to hit Target store shelves nationwide, Christine write. For those looking for a healthy, high-protein breakfast option, Magic Spoon has just that. This comes amid an $85 million Series B round by a group of venture capitalists and celebrities, including Shakira, Russell Westbrook and Halsey.
- One is the lone number: Just ask Zendesk. In April, Ron company report is under pressure from investors sell. Ah, the story just released a new chapter after deciding not to sell. Like Ron and Alex Now let us know via TechCrunch+, one investor (cough, Jana Partners, cough) wasn’t too happy with the move.
Start-ups and VC
We love a story that is “too weird to parody” and even Alex take a closer look at how Cryptocurrencies take a big turn towards the inner core of the planet, Winklevii is on tour with their cover band Blink-182. All the little things, really. Coolcool, cool.
Lucas and Anita spoke to Andreessen Horowitz GP Sriram Krishnan about how he believes web3’s incentive structures make the space a natural fit for social mediaon the latest episode of the Chain Reaction podcast.
But wait, we also write about non-coding things from time to time:
8 steps to build a financial model to calculate your fundraising needs
Image credits: Javier Zayas Photography (Opens in a new window) / Beautiful pictures
Every founder needs a data-driven pitch to convince investors, but how do you ask a stranger to bet eight numbers on a company that doesn’t exist yet?
Blair Silverberg, co-founder and CEO of Hum Capital, said: “It can be daunting to say out loud, ‘I’m looking to raise $20 million,’ and feel like you’re going to be considered. serious.
He recommends that founders develop financial models that “project your needs over the next two years and include a 2x margin of safety.”
In a post for TC+, Silverberg shares four data points he uses to determine overall funding claims, and he details his eight-step process for bringing it all together. .
“With a trusted model, you now have a conversational tool that reduces bias and focuses the conversation on whether your assumptions are realistic.”
(TechCrunch+ is our membership program that helps founders and startup teams rise to the top. You can register here.)
Big Tech Inc.
A lot of news came out from Apple’s WWDC last week, and all of you are still looking for more. Lucky for you, our staff are accommodating. Ivan give you a look at features that Apple makes that are essentially unnecessary for othersand Darrell focus on the company approach to make us all healthier. Meanwhile, Natasha Dutch competitor agent discovery report Apple’s payment options for Dutch dating apps are compliant.
As reported last Friday by Spanish, Amazon bows later media rights for the IPL cricket tournament were opened the door for Disney and Viacom18 to enter and go after it instead.
Yahoo!, of which TechCrunch is a part of, appoint a diverse group of new board members from the fields of digital media, private equity and entertainment, most notably actress and The Honest Company founder Jessica Alba, Amanda reported.
And wait, we have more:
- It’s not Astra’s day…again: The rocket company was unable to put its payload into orbit. The same thing happened three months ago. It did a successful mission in March, so there’s that.
- It’s a bird, it’s an airplane, it’s your Amazon package!: However, for residents of Lockeford, California, it’s your day. The small town, near Stockton, will be “one of the first” to take delivery of their Amazon packages via drone.
- Chevy had a look: There’s been some debate among TechCrunchers today about what the new Chevrolet Blazer EV will look like. Matt falls in the “looks pretty” category but said, “I still wish General Motors made Blazer off-roaders from the ’70s and ’80s instead of moving ones from the ’90s”.
- DoorDash delivers goods to customers: The food delivery giant has rolled out a number of new features in the app that give customers more ways to interact, from written reviews to item ratings to know your “most liked” items what.