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A full day’s work for Dora Manriquez, who drives for Uber and Lyft in the San Francisco Bay Area, includes waiting in her car for a two-digit number to appear. The apps keep sending her rides that are too cheap to pay for her time—$4 or $7 for a trip across San Francisco, $16 for…
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Crypto VC David Pakman on FTX: an “entirely avoidable tragedy”
If you want to better understand exactly how big a deal it is that the cryptocurrency exchange FTX just imploded, you could do worse than talk with David Pakman, an entrepreneur turned venture capitalist. After logging 14 years with the investment firm Venrock, Pakman — who led Venrock’s investment in the digital collectibles company Dapper […]
Crypto VC David Pakman on FTX: an “entirely avoidable tragedy” by Connie Loizos originally published on TechCrunch
Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy by Christine Hall originally published on TechCrunch
Engage with Aerospace Corp, Mynaric and Otter at TC Sessions: Space
We’re getting ready to launch our third TC Sessions: Space conference on December 6 in Los Angeles, and we still feel the thrill associated with space technology and the intrepid early-stage startup founders and researchers who dare to explore the possibilities beyond the boundaries of our home planet — and beyond what we thought possible. […]
Engage with Aerospace Corp, Mynaric and Otter at TC Sessions: Space by Lauren Simonds originally published on TechCrunch
Amazon eyes devices group as it undertakes broad cost cutting
The Echo business has always looked like Amazon playing the long game from the outside. Above all, the company’s home consumer hardware is a convenient vessel for getting Alexa into millions of homes. But when a corporation is doing some serious belt tightening amid broader economic headwinds, no divisions are safe from cost cutting — […]
Amazon eyes devices group as it undertakes broad cost cutting by Brian Heater originally published on TechCrunch
TechCrunch+ roundup: H-1B worker advice, managing remote teams, pitch deck teardown
“The American dream is still really important to immigrants. They still want what America represents and they’re going to reevaluate their relationship with Big Tech and the nature of work.”
TechCrunch+ roundup: H-1B worker advice, managing remote teams, pitch deck teardown by Walter Thompson originally published on TechCrunch
Answers for H-1B workers who’ve been laid off (or think they might be)
When an H-1B worker loses their job, a loud clock starts clicking: unless they can land a new position or change their immigration status within 60 days, they are required to leave the country.
Answers for H-1B workers who’ve been laid off (or think they might be) by Walter Thompson originally published on TechCrunch
Amid record dry powder, VCs are determined to fund anything but you
Many VCs have said they are sitting out this year. They aren’t — they’re funding their friends and committing funds to companies that don’t exist.
Amid record dry powder, VCs are determined to fund anything but you by Rebecca Szkutak originally published on TechCrunch
Crypto’s white knight was a black hat all along and other TC news
This week, I talk with Dom-Madori Davis about the coalition of VCs that are standing for reproductive rights. And Jacquelyn Melinek comes on to break down the FTX/Binance saga that’s unfolded over the past week (and that continues to develop). And as always, we break down the biggest stories in tech. Articles from the episode: […]
Crypto’s white knight was a black hat all along and other TC news by Darrell Etherington originally published on TechCrunch
Can proof-of-reserves prevent future crypto exchange collapses?
A number of crypto exchanges are rushing to publish proof-of-reserves in a seeming attempt to reassure investors their funds are safe as fellow exchange FTX melts down.
Can proof-of-reserves prevent future crypto exchange collapses? by Jacquelyn Melinek originally published on TechCrunch