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Hello and welcome to Daily Crunch for October 4, 2021. There’s a lot going on in the world of big tech today – as you may have noticed – but don’t worry, we have plenty of news too. on startups to keep you up to date! Now, if anyone could help Facebook fix their tube series… — alexander
PS Our next SaaS event is going to be a must.
TechCrunch’s top 3
- Facebook goes down: The biggest news in all of technology today was the fact that Facebook was unable to provide its services for hours and hours. Facebook, Instagram and WhatsApp are still offline as of this writing. Given Facebook’s enormous scale, the financial damage is mounting for the social giant and its myriad customers. In other Facebook news, the EP is less than happy with the company, reports TechCrunch.
- Inside the Informatica IPO: As tech stocks took a hit today, TechCrunch sunk its teeth into Informatica’s data-driven S-1 filing. The company went private in 2015, moving to the cloud over the ensuing half-decade. What does it look like now that it’s back in the public markets? Indebted, to begin with.
- The new Apple Watches are coming out this month: If you were hoping to nab a new Apple Watch in October, good news: the company’s Series 7 device should arrive on the 15th. As a reminder, the new Watch has a 20% larger screen, which means it can contain more text. In case you like to read from your wrist.
Before we dive into a host of VC rounds, check out this article by Mary Ann Azevedo that explores tips from Index and Sequoia on how to raise your first dollars. It is very good.
- An NFT and a virtual avatar enter a bar: OK, that’s a lame joke setup, I didn’t know how to end (The bartender asks, “What do you think this is, the metaverse?”) but in the real news, NFT impresario Dapper Labs is buying virtual avatar startup Brud. According to TechCrunch, Brud has 32 employees, all of whom will move to Dapper. Remember that Dapper Labs was last valued at $7.5 billion, so it has 100% stock to throw away.
- We have had two rounds of insurtech today deserves to be discussed. the the first is from Stable, which constructs an insurance product concerning the price of raw materials. The value of petroleum, soybeans and pork belly – not to mention copper, silicon metal and corn – can vary widely. For many producers, this is suboptimal. Stable has raised over $46 million to help provide greater price stability – got it? – to people previously in the vicissitude of the markets, who, we assume, were too small to cover their own risks.
- The second is from Ladder, which just put together a $100 million funding round to remake the life insurance industry. The fact that we have two major insurtech rounds in a single day implies that the corporate sentiment around startups in the space hasn’t faltered following public markets devaluing several public neo-insurance companies that are became public last year.
- Wasp raises $1.5 million to accelerate building web applications: Wasp, a recent graduate of Y Combinator, has put together a nice little trick for its technology that aims to “help programmers code the business logic side of the application faster,” reports TechCrunch. It’s always nice to see a smaller tower, a reminder that not all companies raise nine figures in one go these days.
As Apple plays with attribution, what does growth marketing look like in 2021?
Cupertino introduced App Tracking Transparency in April, giving users the ability to block their iPhones from sharing data about their behavior. Subsequent changes in iOS 15 allow consumers to opt in to email privacy protection and exercise greater control over app permissions.
This is all good news for privacy-conscious consumers, but for startups that live and die by their ability to measure growth and engagement, confusion and uncertainty is rampant.
To learn more about how growth marketers are recalibrating data collection, Managing Editor Danny Crichton interviewed three TechCrunch Disrupt experts:
- Jenifer Ho, Vice President of Marketing, Elation Health
- Shoji Ueki, Head of Marketing and Analytics, Point
- Nik Sharma, Owner, Sharma Brands
(TechCrunch+ is our membership program, which helps founders and startup teams grow. You can register here.)
Big Tech inc.
- Only you can prevent fraudulent apps: Smokey the Bear Apple would like your help in eliminating spammers, scammers and other evildoers from its app market. It turns out that inside iOS 15 there is now a way to report apps to Apple. Which is fine, if Apple ever emails you back.
- To sum up today’s news, Qualcomm plans to buy Veoneer for $4.5 billion, which means that the small business agreement with Magna is kaput. Veoneer is a “Swedish automotive technology company,” writes TechCrunch, which helps put the deal into context. Qualcomm makes chips – and cars, as we’ve learned in recent months, really need them.
TechCrunch Experts: Growth Marketing
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