Glance, an Android lock screen platform, will be released to US consumers in the coming weeks, according to TechCrunch

Glance, an Android lock screen platform, will be released to US consumers in the coming weeks, accor ...

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Guess who's back? Is he back after a long weekend? Elon Musk is again tweeting and has lots of thoughts about socks. Haje, my partner in crime, is still in an undesirable newsletter time zone, but will be back later this week. Learn more and register.

The Top 3 on TechCrunch

Startups and venture capitalists

Today there are a number of very good TechCrunch+ stories. I recommend starting with Alexs point on raising sweet capital in a sour market, where he basically says venture capital companies should put their money to good use when they can get more out of it. Then follow with his story from yesterday, which covers company valuations in 2021.

Sequoia Capital is very busy, as others have continued to raise money, especially at a time when global investors are reassessing dangers in China amid a COVID-affected economy and an ongoing regulatory crackdown on the country's internet startups. This follows a quick post last week about Sequoia raising two funds outside the country.

The other public service announcement for today from Hajes is a reminder that not all of us comprehend at the same level, so startup managers should strive to attract more bees with simple honey sentences rather than big, complicated fly phrases.

Here's what you may like today:

  • Show me the money: Kyle reports on Tesorio, which closed on a $17 million Series B to continue developing tools to help businesses automate their payment collection process.
  • The opposite of McHard is McEasy: In this case, McEasy is digitizing Indonesias logistics, transportation and supply chain industries, and Catherine writes about the companys plans now that it has $6.5 million in new funding.
  • Drink up: I reported on Maolac, an Israeli food tech company that is putting $3.2 million of new capital to work in its protein technology that is taking bovine colostrum and making a superfood for adults.
  • If you like it, then you should have put a ring on it: Natasha takes us on a delightful journey looking at Ultrahumans new smart ring aimed at decoding metabolic health.
  • A Quantum Leap indeed: Ingrid writes about the U.K.s Oxford Quantum Circuits, which raised $47 million for its quantum-computing-as-a-service that runs a 3D processor architecture called Coaxmon.
  • Drive time: Rebecca interviews Veos Candice Xie about the e-scooter companys steady journey toward profitability.

Your pitch deck is useless if there is no clear ask.

The majority of people have no experience asking strangers for money.

The ask slide, where founders discuss how they will spend investor money, is particularly challenging. Haje recommends starting out with statistics and milestones.

How much will you increase MAU or decrease CAC? What are your expectations for expanding in new markets?

The more specific your goals are, the easier it is to tell whether or not you're going toward them, writes Haje.

(TechCrunch+ is our membership program that assists startup and founders in achieving success. You may sign up here.)

Big Tech Inc.

Meta decided not to continue using its crypto payments wallet, according to Natasha. The company isnt getting rid of it entirely, so stay tuned for how it might be repurposed.

While Google is doing a little postponement of its own with KakaoTalk updates on its Play Store, Kate claims it has something to do with the messaging app refusing to remove its own payment links. You may remember, but Google does not like that.

We have a three-regulation stories here in Europe. First, Natashas discusses the European Parliament's decision to set guidelines for digital businesses. Then Paul discusses the United Kingdom's attempt to make foreign interference, especially Russian information, a crime under its proposed Online Safety Bill. Finally, Ingrid discusses the UK's first data-sharing agreement since Brexit with South Korea.

Take a look at some of the following:

  • Those are some big lenses you have: If you like smartphones with giant camera lenses, then you will love Hajes report on Xiaomis new phone.
  • A marriage made in drone heaven: Brian writes about American Robotics owner acquiring Airobotics and why its a good fit.
  • Talk about your front desk fail: WeWork India was found to have exposed the personal information and selfies of visitors, Zack writes.
  • Fire up those engines: Rebecca listened in on Tata Motors shareholder meeting and found that the Indian automaker aims to sell 50,000 electric vehicles by March 31, 2023.
  • Live commerce no more: TikTok is reportedly pulling the plug on plans to expand its live e-commerce unit, TikTok Shop, in the U.S. and some parts of Europe, Aisha writes. It will be interesting to see if live commerce ever does become a thing over in this part of the world.

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