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Hey, TechCrunchers, happy Friday. I hope it’s your favorite time of day ’cause haje and I really love bringing you the news of the day written by the fabulous people we have the honor to call colleagues. If you were at TechCrunch Early Stage in Boston, we hope you had a great time. Haje came back from there, so it’s still me today. Let’s dig. — Christina
TechCrunch’s top 3
Startups and VCs
- Mimic real data: Singapore-based Betterdata has been awarded $1.55 million to take a different approach to traditional data sharing methods by using synthetic data to protect real data, Katherine reports.
- Drive to something new: Autotech Ventures is venturing into new territory with a $230 million mobility fund that will add fintech and the circular economy to its investment strategy, writes Kirsten.
- Take the plunge: Founders Pledge, a charity initiative in London, launched a venture capital arm called Pledge Ventures in this Mike writes is to “create a new ‘flywheel’ in philanthropy”.
- Listen to this: brian shares all his thoughts on the first apprenticeship of headphone startup Nura, which he says was hired by Masimo, the parent company of power company Denon.
Pitch Deck Teardown: Honeycomb’s $50 Million Series D Deck
Startups raising Series D rounds may have hundreds of employees, tens of millions of ARRs, and other evidence points that demonstrate they’ve reduced risk, but they still need pitch decks.
Honeycomb, which describes itself as a “debugger for live production systems,” shared its $50 million winning Series D pitch deck with TechCrunch:
- cover slide
- Data Summary Snapshot Slide
- problem slide
- Solutions Slide
- Toboggan Competitive Landscape
- Product Category Overview Slide
- Part 1 of customer landscape slide (mostly redacted)
- Customer Landscape Slide Part 2 (mostly redacted)
- Market positioning slide
- Value Proposition Slide
- Product History/Timeline Slide
- Go-to-market interstitial slide
- GTM: landing and expansion approach slide
- GTM: Gaming Vertical Slide
- Moving Forward Interstitial Slide
- Team slide
- The Ask Slide
- Zipper closure
Two others from the TC+ team:
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Big Tech inc.
- Lyft layoffs: Ride-sharing company Lyft has confirmed it is cutting its workforce by 1,200 as part of a restructuring effort to “better meet the needs of passengers and drivers”. Kirsten reports. The layoffs will affect the companies’ employees, including about 4,000, because Lyft does not employ its drivers.
- We learn something new every day: The Linux Foundation has launched a new organization to maintain TLA+, Kyle writing. If you’re doing one of those “learn a new term a day,” here’s your education for the day: TLA+ is a formal “spec” language, developed by computer scientist and mathematician Leslie Lamport, for designing, modeling, documenting, and check software programs.
- hit that: Sarah reports that in an effort to find a faster resolution to its antitrust legal battle with Fortnite maker Epic Games, Match Group and state attorneys general, Google is asking the court to dismiss several claims, five to be exact, which “would be apparently essential to the plaintiffs’ ability to prove anti-competitive conduct.
- Around the world, literally: The Internal Revenue Service sends four investigators around the world to fight cybercrime, Lawrence reports. Before leaving, “Just four?” I will add that the IRS only had one before.
- Denied: Meta was trying to get his case as a content moderator in Kenya thrown out, but now has to get away with it. A court ruled that Meta could be sued for alleged unlawful dismissal and blacklisting from moderators. Anne see you.
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