Welcome again to Week in Assessment, our publication the place we wrap up most of the high tales to hit TechCrunch over the past seven days.
The large factor this week, based mostly on what folks had been studying most, had been the small print of a memo despatched from Y Combinator to its portfolio founders.
Because the markets proceed to slip,YC is telling its portfolio founders that it’s time to batten down the hatches — minimize prices, prolong runway and get to a “default alive” state. “For these of you who’ve began your organization throughout the final 5 years,” YC writes, “query what you consider to be the traditional fundraising atmosphere.”
Manish has the full 10-point e mail proper right here.
Apart from extra unhealthy information in regards to the markets, what else was happening?
Apple testing a foldable?: Is Apple tinkering with the thought of folding telephones and/or tablets? Analyst Ming-Chi Kuo says Apple is testing E-Ink shows for the secondary show on an as-of-yet-unseen “future foldable”. As Brian factors out, although, “there’s a giant gulf between testing and releasing” — in different phrases, don’t be too shocked if this one by no means sees the sunshine of day.
NHTSA probes Tesla crash: Earlier this month, a Tesla Mannequin S “hit a curb and slammed into development tools”, killing three. The Nationwide Freeway Site visitors Security Administration is now wanting into the accident to find out if Tesla’s Autopilot system may’ve been concerned.
DOJ says it should not prosecute good-faith hackers: After method, method, method too lengthy, the U.S. Justice Division is re-evaluating the way it seems at hacking instances, for the primary time outright stating that “good-faith safety analysis shouldn’t be charged” below the Laptop Fraud and Abuse Act.
Haje on Coke’s new bottle cap: “When [Coke] sends out a hand-wringing press launch about how superior they’re for launching a bottle cap the place the cap stays hooked up to the bottle ‘for environmental causes,’” writes Haje, “I’m sorry, my blood simply boils.”
PayPal Ventures alums launch a brand new fund: Inside a number of months of parting methods with PayPal Ventures, these three alums had raised an enormous new fund of their very own. The main target? Fintech, and backing “startups that deal with ‘the largest hurdles’ in in the present day’s monetary infrastructure: entry, utility, flexibility, and value.”
Now we have a paywalled part of our web site known as TechCrunch+. It prices a couple of bucks a month and it’s stuffed with excellent stuff! From this week, for instance:
Solo or co-founder?: You’re beginning an organization. Do you do it alone, or discover a co-founder? It’s a query I’ve heard requested just about each time I’ve been on a panel with VCs or founders. On this submit, co-founder of DocSend (acquired by Dropbox in 2021) Russ Heddleston shares his ideas.
Are startup layoffs accelerating?: It seems like we’re listening to about new layoffs each different day. How rapidly are startup layoffs accelerating? Alex Wilhelm dives into the information.
Relieving the world’s lithium scarcity: Lithium-ion batteries, because the identify suggests, require lithium. However “in the present day’s lithium mines can’t hope to satisfy the skyrocketing demand,” writes Tim De Chant. So the place will we get it transferring ahead? Tim takes a take a look at some potential options.