Hi there once more! Welcome to Week in Assessment, the publication the place we rapidly recap the highest tales to cross TechCrunch dot-com over the previous seven days. Need it in your inbox? Get it right here.
The most learn story This week is slightly loopy: Bolt Mobility, an on-demand bike/scooter rental firm co-founded by Usain Bolt, has type of… vanished. “The departure was abrupt,” writes Rebecca, “leaving cities with deserted tools, unanswered calls and emails, and lots of questions.”
different issues
Amazon buys iRobot: Bezos needs all of it. Entire meals! Physician ! And now… Roomba? On this newest in a sequence of seemingly sudden and considerably stunning acquisitions, Amazon is dropping $1.7 billion to the corporate greatest identified for its robotic vacuums.
Fb closes dwell procuring: If you happen to use Fb’s “dwell procuring” function to promote issues by means of the feed, it could be time to discover a new platform. Whereas dwell streaming is not going away, options devoted to purchases will go darkish in October.
Starbucks goes web3: I might roll my eyes, however given how many individuals I do know who insist on shopping for a Starbucks cup in each main metropolis they go to…
Extra Robinhood layoffs: Phew. Just some months in the past, Robinhood lower its full-time employees by 9%; this week, the corporate confirmed that it was yielding one other 23%. Citing overhiring over the previous roaring years, CEO Vlad Tenev writes, “I’ve accepted and brought duty for our formidable staffing trajectory – it is on me.”
YC is getting smaller: It needed to occur ultimately. Y Combinator was getting larger and larger with every class of accelerators, peaking at an absurd 414 corporations within the newest batch. They’re scaling issues again a bit with the following cohort – however with round 250 corporations, it is nonetheless comparatively large.
sound stuff
Podcasts! Get your podcasts!
This week in TechCrunch Podcast World, the Fairness workforce talked about YC’s smaller (however nonetheless fairly large) cohort, Darrell and Becca talked about “Instagram being MySpaced by TikTok” on The TC Podcast, and Burnsy talked about spoke with Convoy co-founder Dan Lewis concerning the freight firm’s “secret development hack” on TechCrunch Reside.
additional stuff
Glambook’s $2.5 million seed deck: Glambook not too long ago raised hundreds of thousands to construct what it calls “Uber for the wonder trade.” How did they persuade buyers to return on board? On this newest installment of her Pitch Deck Teardown sequence, Haje walks by means of the deck and helps clarify why sure issues have been held again.
What actually occurs when your startup is acquired?: It is not sufficient to attend for a bag of money to look in your desk to get acquired. Yair Snir, vice chairman of Dell Applied sciences Capital, provides us a high-level overview of your entire course of, “from NDA to LOI.”
Expensive Sophia“How lengthy do I’ve to remain at my present job after getting my inexperienced card? That is an affordable query! Immigration lawyer Sophie Alcorn steps in.
#Amazon #buys #Roomba #maker #Bolt #disappears #slims #TechCrunch