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It’s a curious world we live in. The banks are collapsing and the world keeps turning.
And oh hey look! OpenAI is even richer now! Alex is back on the mic with his roundup from Monday, and as usual we had a lot to unpack: We’re taking a deep dive into OpenAI, earnings, First Republic Bank, some fun startups, and ARM’s IPO on the Equity episode of today. listen here.
TechCrunch Top 3
- At the edge of collapse: Regulators closed First Republic Bank and lined up a buyer, JPMorgan Chase, which acquired $330 billion in FRB assets and deposits. Meanwhile, ingrid writes that the Federal Deposit Insurance Corporation is committed for $13 billion. Stay tuned for more as this all unfolds.
- One person’s disaster is another person’s success: Elon Musk took to a Twitter space this weekend to share more about what happened to SpaceX’s Starship, which didn’t immediately self-destruct as planned during its test launch last week. darrell has more.
- AI has to get ahead: Israeli startup Alison is the latest ad tech company to receive funding, $5.1 million specifically, for its approach to injecting artificial intelligence into its platform that analyzes advertising creative, reports Miguel.
Startups and VCs
Much remains to be written about the future of vertical farming. In many ways, the technology offers hope amid growing concerns about food safety, an aging population, and potential environmental collapse. Brian writes The first companies in the space will be the ones that focus on bringing the economics of the unit down (hopefully) to a point where the technology makes sense from a price perspective. up and forward.
One of the things that bothers Haje the most is the warm introductions. “I understand why investors insist on them, but it has I always found it lazy and uninclusive.”, he writes on TC+, and was delighted to find some kind of antidote: GoAhead claims will hear anyone’s toneIt doesn’t matter where in the world you are or what you are building, as long as you are a pre-seed or seed company.
Another handful of treats for you on this beautiful Monday afternoon (assuming you’re on the West Coast or a similar time zone. If not, God knows what time it is where you are. But we hope you are). having a good day regardless).
Your site needs more than a single user onboarding experience
Image Credits: John Lund (Opens in a new window) / Fake Images
In the early days, most founding teams focus on building strong sales funnels, but customer segmentation can be accomplished during the acquisition process, if you know what questions to ask.
Getting new users to answer questions about their past experiences with products or their future goals is the first step in building customer personas, says growth expert Jonathan Martinez, who shares several variables that can help drive retention and conversion.
“It’s true that while you can add some extra friction with the questions on your lead form or onboarding flow, this will pay big dividends for your consumers’ overall experience.”
Three more from the TC+ team:
TechCrunch+ is our membership program that helps start-up founders and teams get ahead of the rest. You can sign up here. Use code “DC” to get 15% off an annual subscription!
big tech inc
If you once had a blue check from Twitter, lost it, but recently edited your bio and saw it reappear, you’re not alone. amanda found that the the blue check reappears if you update your bio. Not staying but something to LOL about today.
Get ready for Freevee, can it be a verb? Sarah Write that Amazon is going to overflow 100 Amazon Originals on the free streaming service this year.
And now here are five more for you:
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