After buying Twitter, will Musk bite back at Apple’s in-app purchase fees? • TechCrunch


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Wednesday, and we’re happy to bring you another roundup of our esteemed Daily Crunch newsletter. There are a variety of vaccines, nuggets, and other bite-sized delights, so let’s go! – Christine And the pilgrim

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Startups and VC

Asset management firm Stone Ridge has launched a startup accelerator, Wolf, which will be dedicated to growing Bitcoin-focused applications. The program will bring four groups per year, each consisting of eight to 12 teams, or about 30 to 50 founders, to New York City from all over the world for Eight weeks at a time to focus on building on the Bitcoin-centric Lightning Network and Taro protocolKelly Brewster, CEO of Wolff, said: Jacqueline.

Today, for a series of climate-related talks organized by global project company SOSV, cosmic Famous investor Chris Saka interview. In their conversation, Saka dismissed questions about whether efforts like carbon sequestration could work on a large scale. (“The naysayers kind of feed me, actually.”) He said — of course — that “there is no doubt that we will have many trillions of dollars’ worth of companies emerging from our portfolio.” It’s all over Fairly extensive conversation.

Muar? Moar!

Investors are sitting on mountains of liquidity: where will it spread?

Image credits: H-gal (Opens in a new window) / Getty Images

No matter what happens in the public markets, bees make honey and venture capitalists make money: that’s just what they do.

But since the “maximum valuation reassessment” in public markets, venture capital is piling up more and more dry powder, write Jeremy Abelson and Jacob Sonnenberg of Irving Investors.

More disappointing news for founders: Investor fundraising “is on track to end the year at $172 billion,” but capital deployment is declining.

“Dollars are and will continue to flow, but it will be more capital for fewer companies,” they wrote. Now that “traditional SaaS is expensive and secondarily saturated,” sectors like Web 3, life sciences, and agricultural technology will attract more investors, they expect.

Three more from the TC+ team:

Tech Crunch + It is our membership program that helps founders and startup teams move forward with the package. You can register here. Use code “DC” to get 15% off annual subscription!

Big Tech Inc.

Kirsten He has some breaking news about Ford and VW’s autonomous car startup Argo AI will be closed The two companies will absorb parts of it. This story is still developing, so keep coming back to it for more, particularly comment from the companies involved.

Who wouldn’t love a good break that yelled at them? Duolingo certainly not. Natasha m write it Duolingo owl will now scream all the fractions it wants on you As part of a new math app that became available to everyone after spending a few months in the beta version.

And we have five for you:

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