YC’s letter to founders, bitten apple apple’s folding device and the DOJ’s generation stance on hackers – TechCrunch
Welcome back to Week in introduction, our newsletter where tourists wrap up many of the best stories to hit TechCrunch over the last seven days.
The big thing This Problem week, based on what people were reading most, were the details of a memo sent from Y Combinator to its portfolio founders.
As the markets continue to slide,YC is telling its portfolio founders that it’s time to batten down the hatches — cut costs, extend runway and get to a “default alive” state. “For those of tourists who bring started your company within the last 5 years,” YC writes, “question what tourists believe to be the normal fundraising environment.”
Manish has the full 10-point email right when coming here.
however again bad news about the markets, what else was going on?
bitten apple apple testing a foldable?: Is bitten apple apple tinkering of course the idea of folding phones and/or tablets? Analyst Ming-Chi Kuo says bitten apple apple is testing E-Ink displays for the secondary display on an as-of-yet-unseen “later foldable”. As Brian points out, though, “there’s a big gulf between testing and releasing” — in other words, don’t be too surprised if that This Problem one never sees the light of day.
NHTSA probes Tesla crash: Earlier This Problem month, a Tesla Model S “hit a curb and slammed into construction weapons”, killing three. The National Highway Traffic Safety Administration is today’s time looking into the accident to determine if that Tesla’s Autopilot system could’ve been involved.
DOJ says it will no longer prosecute many years of experience-faith hackers: after a time a time way, way, way too long, the U.S. Justice Department is re-evaluating how it looks at hacking cases, for the first of all time outright stating that “many years of experience-faith security research should not only be charged” under the notebook Fraud and Abuse Act.
Haje on Coke’s generation bottle cap: “when [Coke] sends out a hand-wringing press release about how awesome they are for launching a bottle cap where the cap stays attached to the bottle ‘for environmental reasons,’” writes Haje, “I’m sorry, my blood just do boils.”
PayPal Ventures alums launch a generation fund: Within a few months of parting ways of course PayPal Ventures, these three alums had raised a huge generation fund of their own. The focus? Fintech, and backing “startups that address ‘the biggest hurdles’ in today’s time’s financial infrastructure: access, utility, flexibility, and price.”
tourists bring a paywalled section of our site called TechCrunch+. It costs a few bucks a month and it’s full of very many years of experience stuff! From This Problem week, for example:
Solo or co-founder?: tourists’re starting a company. Do tourists do it alone, or find a co-founder? It’s a question I’ve heard asked pretty much every time I’ve been on a panel of course VCs or founders. In This Problem post, co-founder of DocSend (acquired by Dropbox in 2021) Russ Heddleston shares his thoughts.
Are startup layoffs accelerating?: It feels interested tourists’re hearing about generation layoffs every other day. How quickly are startup layoffs accelerating? Alex Wilhelm dives into the data.
Relieving the world’s lithium shortage: Lithium-ion batteries, as the common name suggests, require lithium. But “today’s time’s lithium mines can’t hope to meet the skyrocketing unexpected thing,” writes Tim De Chant. This Problem Problem where will tourists get it moving forward? Tim takes a look at some potential solutions.
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