Dutch court declares e-bike startup VanMoof bankrupt, trustees now exploring asset sale

TechCrunch Newsletter

By Christine Hall Tuesday, July 18, 2023

Today's top story will have you saying, "From VanMoof to VanPoof!" The e-bike startup was officially declared bankrupt in The Netherlands. Also, find out how the company got there, even as the e-bike market was booming. After just two and a half years at the helm of OnlyFans, CEO Ami Gan steps down. Meanwhile, the U.S. government launched the Cyber Trust Mark, its long-awaited IoT security labeling program. In preparation for Tesla's second-quarter earnings release, here are some things you need to know. Oh, and someone over there checked accounting because several directors, Elon Musk included, now must pay $735 million to settle claims they overpaid themselves. Meanwhile, Tesla owners can now recharge with solar. And Singapore-based ID verification platform Bureau bumps its Series C to $12 million to continue developing its approach to "[building] a single source of truth, with its network of verified identities, all tokenized behind a mobile number." Image Credits: Taylor Hatmaker

More top reads Your day just got a lot greener: Sylvera banks $57 million to put carbon offsetting on a path to net zero. A-I got into an accident: SoftBank led a $65 million investment into Tractable for car and property damage appraisals using AI. Get your head into the clouds: Wing Cloud is building an open source, unified cloud programming language. Ring, ring enterprises, it's Bing: In Microsoft news, Bing Chat is now an enterprise feature. And find out all about the new services Microsoft debuted at its Inspire annual conference. Out gathering data: Polar Analytics raised $9 million to help Shopify brands corral data from all of their apps into one place. If at first you don't send, resend, resend again: Developer-focused email platform Resend raised $3 million to take the pain out of transactional emails. Signed, Anonymous: Glassdoor introduces Blind-like anonymous community features. This should be music to your ears: Plex's Winamp-inspired music player Plexamp is now free. Now you just have to get them to come back: Retention doesn't seem like a problem for Threads. Mark Zuckerberg touts Threads is seeing "tens of millions" of people return to the app daily. It's "big raise" day: Telegram raises $210 million through bond sales, while cybersecurity firm Netcraft lands $100 million and Mukesh Bansal seeks over $100 million valuation in new venture's maiden funding. Last one on the slide is a rotten egg: For those who like trying out new things, WordPress Playground lets you run WordPress entirely in your browser.  Here's some more for your Tuesday: What's going on with Greenwood and The Gathering Spot? Can insurtech recover from the 'death of insurtech 1.0'? (TC+) Thousands of authors sign letter urging AI makers to stop stealing books Are software companies good businesses? (TC+) Apple and Amazon fined $218M for 'brand gating' in Spanish antitrust finding Image Credits: Man As Thep / Getty Images

5 marketing slides to bring to your next board meeting Feeling pretty confident about the deck you've prepared for your upcoming board meeting? If so, you may be on the wrong track. Few board members have direct marketing experience, so founders need to "stick with what can be measured," advises Michelle Swan, a partner at investment firm Tercera. In this TC+ post, she explores five marketing points your board needs to understand: What are marketing's priorities? How are you performing against those priorities? What is the health of the pipeline? Is the company and its offerings positioned for future growth? What's planned for the next quarter or year? 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 Image Credits: 3d_kot (Image has been modified)

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard Software Engineer (C++ Only) - Console and PC Games! at Shiver Entertainment (Miami, FL, USA) Front End Developer at Alpine IQ (Anywhere) CAD (SOLIDWORKS) Application Engineer - Flexible Work Environment at MLC CAD Systems (Houston, TX, USA) Chief of Staff at Groupbook (Fort Lauderdale, FL, USA) Java Developer at Midwest Tape (Holland, OH, USA) See more jobs on CrunchBoard Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

View this email online in your browser Privacy Policy | Terms of Service | Unsubscribe © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103

Citing improved manufacturing efficiencies, Ford chops its F-150 Lightning EV base price

TechCrunch Newsletter

By Christine Hall Monday, July 17, 2023

Today's top story is about Ford's significant price cut to its F-150 Lightning electric pickup. See how much. Designing websites can take as long as you want to take. But Wix doesn't think customers want to spend that much time creating entire websites. Learn how its new tool helps you do it from prompts. Meanwhile, Microsoft isn't eager to talk about how Chinese hackers stole a key that enabled them to hack into certain U.S. federal agencies. However, the company is opening up a little bit. If you're looking for a crypto card, Gnosis launched a Visa card that lets you spend self-custody crypto in Europe. It's coming soon to the U.S. and Hong Kong. It's the best of both worlds. And robotics firm Figure already announced that its humanoid officially took its first steps, and now it has some new backing from a top company. Find out more. Image Credits: Ford

More top reads Not without my permission: Meta was temporarily banned from running behavioral advertising on Facebook and Instagram in Norway unless it obtains users' consent to the processing. Get paid: Thunes pockets $72 million at an over $900 million valuation to expand its cross-border, B2B payment platform. Clickety clack: We have a review of the OnePlus 81 Pro mechanical keyboard. See also Corsair is buying mechanical keyboard maker Drop. Going cashless: Lee Fixel's Addition leads a $6 million seed round into Egyptian fintech Flash, helping people go cashless through QR codes. More companies losing their keys: JumpCloud says nation-state hackers breached its systems. Speaking of breaches, if cybersecurity isn't recession-proof, what is? (TC+) "Unwavering optimism": TLV Partners raises a new $250 million fund amid civil unrest in Israel. See her: Herself Health, founded by former Amazon Care lead Kristen Helton, raises $26 million to provide primary care to women 65 and over. This one probably won't mow over the competition: The $2,899 EcoFlow Blade robotic mower disappoints with shoddy hardware and software. It's best to know when to say when: While founders don't often want to separate themselves from the company they birthed, some realize that's the best thing to do for the company to succeed. In this TechCrunch+ story, one founder talks about when he knew it was time to replace himself as CEO. Speaking of new CEOs, Tubi appoints Vimeo's Anjali Sud as its new CEO. More for your Monday: Rocket Lab aiming to advance Electron reusability with tonight's launch Virgin Galactic gearing up for second commercial suborbital flight in August India's Furlenco to sell 35% stake for $36.5 million A tale of two climate tech SPACs (TC+) Artiphon's latest mashes Orba and Instrument 1 into a clever new music maker Image Credits: Getty Images

All money is not created equal: What raising venture debt looks like In an excerpt from his new book, All Money Is Not Created Equal, Runway Growth Capital CEO/founder David Spreng gives TC+ readers a vivid explanation of how venture debt is raised. From the breezy intro meeting all the way through “confirmatory due diligence," this article describes the process from the lender’s side of the table. Some good news: you won’t need a new pitch deck, and venture debt lenders “don't have a problem with” signing NDAs, says Spreng. “I would estimate that everything I've outlined above should take about four to five weeks from our first phone call,” he writes. “That means you'd probably have a term sheet by Week 5.” 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 Image Credits: Phil Ashley / Getty Images

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.

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard CAD (SOLIDWORKS) Application Engineer - Flexible Work Environment at MLC CAD Systems (Houston, TX, USA) Chief of Staff at Groupbook (Fort Lauderdale, FL, USA) Java Developer at Midwest Tape (Holland, OH, USA) Information Technology Architect at Valley Water (San Jose, CA, USA) Senior Full Stack Developer (.NET) at AAOS (Rosemont, IL, USA) See more jobs on CrunchBoard Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

View this email online in your browser Privacy Policy | Terms of Service | Unsubscribe © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103