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Hello and welcome to the additional crunch of July 21, 2021. This has been a good day for crypto fans, with major coins seeing a slight recovery from the recent bottom. However, Bitcoin and Ether remain frustrated over the seven-day deadline. And the stock market is up today. What more can we ask for on Wednesday? Well, how about the huge run of startups and tech news? We can do it! – Alex

TechCrunch Top 3

  • Clubhouse beta releases: Clubhouse, a busy live audio dio startup that captivated the tech world earlier this year, is out of beta. Hair seems to be getting late following Twitter’s work with its space product, but it’s all welcome. Data suggests that Clubhouse is going through a moment in India, discussing advertising nausea in the Daily Crunch’s main tech market.
  • Tumblr pro goes: Sounds like a comeback story? Tumblr certainly does. Thanks to a 1. 1.3 billion deal ing as part of Yahoo, and then the company (and still the parent company of TechCrunch’s parent company) bought portal online portal Giant as part of Verizon, it sold Mat Tomatic for a song. Now it wants to join the boom of the creator economy by allowing its users to place pay-wals. We’re here for it – the internet will be more fun with a healthy tumblr in the mix.
  • Baiju comes to America: The US is coming to the US for a newly announced ક 500 million deal for Indian Adtech superstar Baiju Epic, which TechCrunch described as “California’s headquarters reading platform”. The Adtech market is hot, something we’ve known for a long time. Duolingo’s IPO is also in the mix, as is the recent 24 24 million round for Solelarian, a startup that wants to take the Duolingo model and apply it to learning on the code.

Start / VC

We have a lot to talk about today thanks to supercharged venture capital cadence from around the world from startups. On top of that, if you are keeping tabs on a Robinhood IPO, here are our latest notes. Now, starting with some FinTech updates, let’s talk about tech upstarts and private capital.

Fintech

  • Landing startup accepts upgrade crypto: Back in 2019, TechCrunch Lending Club founder Reynaud LaPlanche noted the initial upgrade to consumer lending. The credit card rolled out with a bitcoin prize at the startup today. If you need a little more satisfaction with the price of $ BTC and want to make a credit, this may be for you.
  • No-code + payments = when: While then the no-code payment service isn’t struggling to convince investors, its latest suggests a million-dollar amount. Its service, TechCrunch reports, allows customers to “independently orchestrate, monitor, improve and manage all customer payments and payments.” The no-code element means it’s a little more convenient for non-developers out there. We grade this idea neatly out of 10.
  • Spend 118M for corporate cost management: Here in the U.S. In, corporate cost wars have brakes versus airbases versus brakes on the front lines. But that doesn’t mean the popular model of fusing corporate cards and software has come out perfectly to help companies manage the overall distribution of their funds. Especially in a global context. And now Spandex has a new million 100 million in its own account to spend on the EU market. I wonder what service it will use to track those costs?

Software

  • Sequoia Capital India supports Outplay: The new 7.3 million investment will boost startup efforts to “help outbound sales teams scale their campaigns”.
  • Say hello to what the future of spreadsheets might look like: Spreadsheet.com wants to turn the spreadsheet usage on its head into targeted applications. Instead, the startup wants to put apps in your spreadsheets. And its general release is coming this October October.
  • Uss Cies wants to help D2C brands kick the Big Tech habit: Now with a new capital of $ 5.3 million, Flush, Sydney-based Okondo “wants to help brands measure the quality of their first-party data and help rely on the tech advertising kingpin for customer acquisition and engagement.” If they can handle it, caps off.

Closing our initial coverage, some final notes. Pengia has raised 68 68 million for her men’s personal care brands. That’s great. But don’t mix it up with Providence, the Rhode Island-based penguin, the latest Y combinator grade that has some news coming out.

If you want the latest ive dive in hot business books, the equity team recently teamed up with WeWork, one of the authors of “The Cult of V”, to chat about everything.

This simple metric will tell you if your startup is ready to scale

Within early-stage startups there is a temptation to claim that the market-going strategy is fully operational. In reality, GTM is a strong numbers game, and despite having a rather solid plan, it can easily be thwarted by common problems such as turf combat and poor communication.

Finding GTM Fit is a landmark for any startup that can include anything from expanding the engineering team to starting your first media purchase. But how do you know when you have reached that magical moment?

“You have to consider three metrics: Gross Churn Rate, Magic Number and Gross Margin,” says Ta Hea Naham, co-founder and managing director of Storm Ventures.

Does high churning mean that consumers are not happy, low churning means weak unit economics, and that is the so-called magic number?

“You can calculate it by taking a new ARR divided by your marketing and sales costs,” according to Nahm. “But keep in mind that the magic number is an indicator of staying behind, and it may take you a few quarters to see a positive result.”

(Special Crunch is our membership program, which helps founders and startup teams move forward. You can sign up here.)

Big Tech Inc.

  • Remember Alexa? Amazon still wants you to build for it: Amazon’s voice assistant still wants developers to build for it, something they can do. To entice more developer love, Amazon released many new features for the service. To be honest, given the slow growth of intelligence we’ve experienced with Alexa, Siri, Cortana and Google’s “OK Google” setup, we’re mildly skeptical.
  • Can Ford, Argo and Lift work as self-driving taxis? Remember that Google’s Wemo taxi service both exists and operates, although Uber and Lift sport compared to riding networks. Now Ford, a car company; Argo, self-driving anxiety; And Lift, a ride-hailing effort, “starting in Miami and InStin, plans to launch up to 1,000 self-driving vehicles on Lift’s ride-hilling gender network over the next five years.”

TechCrunch Experts: Growth Marketing

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Image Credits: Sean glad (Opens in new window) / Getty Images

TechCrunch wants you to recommend growth marketers who have SEO, social, content writing and more skills! If you are a growth marketer, pass this survey to your customers as well; We want to hear why they choose to work with you.

If you’re curious about how these surveys are shaping our coverage, check out this interview with Miranda H perlpern with Maya Moufarek, founder of Marketing Cube: “Lessons for Marketing Cube Founder Maya Moufarek for Customer-Focused Startups.”