Author: TechBrunch

past couple Years of hardship have been difficult and sometimes fatal for many crypto and web3 startups, but Dan Tapiero, CEO, CIO, and managing partner of 10T Holdings and 1RoundTable Partners, is not worried. yeah. In fact, in the midst of raising his company's fourth fund, he seems positively upbeat about the state of the crypto market, no matter what the situation is. “The deal right now is incredible,” he told TechCrunch+. “Now is the best time to invest in companies…Secondaries prices are at a 50%-80% discount from previous rounds, and this also applies to companies that are performing well.”…

Seems tenacious Like a balloon, no matter how hard cryptocurrencies get smashed, they tend to pop back up again. In every year I've covered decentralized markets and economics since 2013, I've found that to be true. Still, the latest crypto issues are starting to look a little different. Exchange explores startups, markets, and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. After a long recession — cryptocurrencies winterIf you like, blockchain and its component tokens and services appear to be on the rebound. The data paints a picture. Spot trading volumes hit a 12-month…

Singapore-based Terraform Labs (TFL), which operates digital assets TerraUSD (UST) and Luna, has filed for Chapter 11 bankruptcy protection in Delaware following the 2022 cryptocurrency collapse. Terraform Labs, which granted its application under Section 11 of the Bankruptcy Protection Act, said the filing was a “strategic move to continue its business and support pending litigation in Singapore and US litigation involving the Securities and Exchange Commission.” ”. The group also said it will “fulfill all financial obligations to employees and vendors during the Chapter 11 litigation” without the need for additional financing. According to court documents filed today, Terraform Labs'…

I have Ripple, but It has been around since 2012 and is working with the XRP Ledger to advance the global payments journey. At the same time, the company aims to be the go-to enterprise infrastructure provider, company president Monica Long said on TechCrunch's “Chain Reaction” podcast. Unlike the Ripple network and protocol, Long said the XRP ledger is a decentralized public ledger with an open source code base that anyone can contribute to and use. And thousands of developers around the world are doing so, she added. “The original creators of the ledger thought this could become a modern…

Welcome to TechCrunch Crypto, formerly known as Chain Reaction. In addition to regularly scheduled news, we plan to test some recurring segments and features. If you like what you see (or not), let us know at jacquelyn@techcrunch.com. Get a roundup of TechCrunch's biggest and most important crypto articles delivered to your inbox every Thursday at 12pm PT. Subscribe here. A lot of news happened in the wild world of Web3. Solana Mobile's new device has over 30,000 pre-orders, and Electric Capital's highly anticipated developer report showed good news and bad news for developers. Coinbase was taken to court and India…

Solana Mobile has been swinging for the stars since announcing its second inexpensive Web3 phone called “Chapter 2” earlier this week. While the first device, Saga, sold like an avalanche, slow at first and then all at once in the US and European Union, the second device has been selling much faster since the beginning. demand for Chapter 2 is clearly going very well, with Solana Mobile hitting its seven-day sales goal within the first 24 hours, Raj Gokal, co-founder of Solana and president of Solana Labs, exclusively tells TechCrunch. told. Gokal said Solana Mobile had more than 25,000 pre-orders…

in startup land, the life cycle of birth, growth, and the inevitable leap of faith happens at a breakneck pace. Still, we sometimes fall into the trap of mourning the demise of these companies. My opinion? That's a bad move. The whole point of a startup is to build something that lasts. A corporate Mount Rushmore, so to speak. Yes, but if you think a little deeper, you'll see that the startup model itself relies on drama. Whether it's a dramatic climb or a plunge down the nearest mountainside. There is no in between. And within that dynamic, we can…

More posts by this contributor Recognizing probability in budgeting and forecasting As an interest rate Returning to historical norms, the world has returned its focus to the cost of capital and the generation of free cash flow. In order for companies to adhere to traditional heuristics like the Rule of 40 (i.e., the idea that the sum of revenue growth and profit margin must equal 40% or more, a metric that Bessemer helped popularize) We are working hard. Executives at both private and public cloud companies agree that free cash flow (FCF) margins are just as important (if not more…

Baris Guzel is an engineer with experience working in top investment banking and venture capital firms. He is a partner in his BMW i Ventures and has led investments and supported many companies as a director and observer. Brian Wei is an associate at BMW i Ventures, focused on early-to-growth stage investments in B2B application and infrastructure software, industrial automation, mobility, and sustainability. Prior to joining BMW i Ventures, Brian was a strategy consultant at KPMG Strategy. Until recently, many Startups have prioritized growth at all costs, disregarding profitability and sustainability to acquire users and leverage deep venture capital to…

paris hayman Contributor More posts by this contributor Vertical AI: The next logical iteration of vertical SaaS Acquire, Retain, and Expand: Why SaaS Founders Need to Understand GDRs and NDRs As part of the In our Metrics That Matter series, we've written about three analytics for tracking your path to profitability and two metrics for aligning retention and expansion. These metrics serve as both outputs and inputs. They are the result of the work of people at companies who work hard to create compelling products, distribute them to customers, and move their businesses forward. These are also inputs into valuations,…