Tuesday, June 13, 2023

To keep content creators from jumping ship, YouTube makes it easier to monetize

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By Haje Jan Kamps

Tuesday, June 13, 2023

It's choppy waters in the world of social startups today. Manish reports that Jack Dorsey says that India threatened to shut down Twitter and raid employees' homes. Natasha reports that Spotify was fined in Sweden over a GDPR data access complaint. And over on the Reddit side of things, thousands of subreddits went dark to protest Reddit's API pricing

Also noteworthy – it's been a while since we heard from Timehop, the "what happened a year ago today" type service that was essentially made irrelevant by Facebook launching its own version of the feature. But it appears that party-planning platform Punchbowl is acquiring it.

Also, we have a Security stage at Disrupt – and here is the Security Stage agenda. Worth attending, especially after Zack's report today that U.S. intelligence confirms it buys Americans' personal data. Yikes.

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Other top stories across TechCrunch today

Easier money: Ivan reports that YouTube is lowering the barrier to be eligible for its monetization program; users who have 500 subscribers, 3 uploads in the past three months, and either 3,000 watch hours or 3 million YouTube Shorts views in the past three months are now eligible. 

Well we can all agree on one thing: It should be a historic win for gig workers, but both delivery workers and companies are unhappy with NYC's $18 delivery worker minimum wage, Rebecca reports. 

Who wants to rent my lance: Pollen is a new professional membership for those who have, or want, independent careers. Members get exclusive access to business advice and a network of peers and mentors to help grow their business in the hope of setting freelancers up for success, Christine reports

Intelligence Artificielle: Ingrid reports that France's Mistral AI blows in with a $113 million seed round at a $260 million valuation to take on OpenAI.

Charge your batteries, we're going to Indiana: Kirsten reports that GM and partner Samsung SDI pick Indiana for $3 billion battery factory.

Maybe Tesla was right after all: Kirsten also reports that EV charger networks are turning to Tesla standard as support accelerates.

Braaaaaaaains: Brian reports on a little wearable designed to detect blood flow to the brain.

How to pitch me: 10 investors discuss what they're looking for in June 2023

This month, 10 early-stage investors shared their theses, contact details, tactical advice for nontechnical founders, and some sample questions they expect entrepreneurs to ask them during pitch meetings.

Our respondents also ball-parked salaries for pre-revenue startups, discussed the pros and cons of using pitch memos vs. full decks, and each shared what they're reading, watching and listening to. (This group loves "Succession" so much, they would probably take a pitch meeting with Kendall Roy.)

Here's who participated:

  • Vivek Ramaswami, partner, Madrona
  • Monique Woodard, founding partner and managing director, Cake Ventures
  • Adam Struck, founder and managing partner, Struck Capital
  • Jenny Lefcourt, general partner, Freestyle Capital
  • Champ Suthipongchai, general partner, Creative Ventures
  • Latif Peracha, general partner, M13
  • Rich Maloy, managing partner, SpringTime Ventures
  • Harley Miller, co-founder and managing partner, Left Lane Capital
  • Blair Garrou, co-founder and managing director, Mercury Fund
  • Kristin Wilson, venture partner, Oui Capital

A few more more for Tuesday:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

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Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there's something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code DC. Learn more.

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Monday, June 12, 2023

Reddit users bring site down via coordinated protest over API price changes

TechCrunch Newsletter
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By Haje Jan Kamps

Monday, June 12, 2023

It's Haje here, standing in for Christine as she takes a well-deserved break. 

The big story over the weekend was Carvana's rapid rise, crash and recovery. Alex and Harri took a closer look to figure out what was driving the car seller's stock price every-which-way

Another story that y'all seemed to not be able to get enough of was Sarah's reporting on Reddit. It actually went down after a site-wide protest against its unpopular new API policy got underway, and its CEO doubled down in a drama-filled AMA over the popular third-party app Apollo.

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Image Credits: Shutterstock

More top stories across TechCrunch today

Like the 13-inch, but bigger: Brian reviews the Apple 15-inch M2 MacBook Air, concluding that it's a great option for those who don't need a lot of power. If you do, get the Pro. 

Into the compost you go: Apple often puts startups out of business by integrating features into its core offering. Ivan took a closer look at all things Apple Sherlocked at WWDC 2023.

Like reading glasses, but weirder: Would you wear a device on your face exclusively to read books? Sol Reader raised a $5 million round, betting "yes, you would." 

Better tighten that belt: Rumors of Better.com's plans to exit the real estate business have swirled for some time as the housing market has experienced a major slowdown driven by rising mortgage interest rates. Now, Mary Ann reports that Better.com lays off its real estate team.

SVB's UK evolution: International bank HSBC bought the scraps of what was left of SVB in the UK. That part of the business is now rebranding, Ingrid reports, to HSBC Innovation Banking.

From robotic smarts to home smarts: ABB this week announced that it has acquired Eve Systems, a German firm best known for a broad range of smart home accessories, including smart lights, plugs, air monitors and security cameras, Brian reports. 

Time to put a bun in the oven: Christine reports that Oova grabs another $10.3 million and unveils a membership model for at-home fertility testing.

Over 5,000 investors already got their piece

Sponsored by Atakama

Your chance to cash-in on the white-hot cybersecurity market is running out. Learn what one tech firm has done to disrupt the $2T industry. This opportunity is only available until June 30th.

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Paid acquisition: The #1 way to find product-market fit

Spending money on Google AdWords, Meta, or with an influencer takes some getting used to. 

Paid acquisition takes time to generate positive returns, but growth expert Jonathan Martinez says it’s still “the most efficient and frictionless way possible” to achieve product-market fit.

In this week’s column, he explains how to determine which channels work best with your offerings and breaks down his “battle-tested waitlist method” for capturing and leveraging user interest using tools like Canva and Leadpages.

A few more for Monday:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

Read More

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