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Did Bolt Mobility bolt? The startup left tools and confused prospects in its wake – TechCrunch


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Monday is right here, and we’re excited to throw ourselves into one other week of summertime tech information. Apropos summer time — because the VCs cease answering their telephones in favor of consuming elderflower lime martinis, taking part in pickleball, spelunking within the Bitcoin mines, and kite browsing (I can solely assume that’s what VCs do for his or her summer time break), it provides us tech reporters a bit extra time to go deeper on a few of the tales and corporations which have been itching our curiosity nerve.

In my distant previous as a startup founder, lengthy earlier than I turned a author at TechCrunch, exhibiting at TechCrunch Disrupt turned out to be a huge moment for my first startup. As an early-stage startup founder, that the hustle is a part of the sport; if your organization doesn’t have the funds to attend, you can apply to be a volunteer and attend that approach. Don’t miss the volunteer FAQ to see if this can be a good possibility for you!  — Haje

The TechCrunch Prime 3

Startups and VC

The regulatory setting surrounding crypto is shifting within the US because the SEC takes goal at main gamers within the web3 world, promising to shake up enterprise as typical with aggressive motion. David Nage discusses how regulatory scrutiny is impacting venture investment in web3. It’s an incredible dialog with Lucas and Anita on this week’s episode of Chain Response, for you podcast followers!

Oui Capital, an Africa-focused VC agency based mostly in Lagos and Massachusetts, announced today that it has completed the first closing of its $30 million second fund, Tage stories. The agency seeks to strengthen its presence on the continent.

Extra extra extra:

Construct a stable deck in your quarterly board conferences

Conceptual still life with low risk and rising; build a deck for board meetings

Picture Credit: Hiroshi Watanabe (opens in a new window) / Getty Photos

Board conferences are nice for getting suggestions in your progress and your plans for the long run, however what’s one of the best ways to inform them what’s occurring?

In keeping with Ridge Ventures associate Yousuf Khan, usually the most effective and easiest technique to “make sure you’re offering board members with the data they need to see is to simply ask them.”

“Reaching out to your board not solely helps present a way of course, it additionally provides you the chance to construct your relationship. Folks respect the chance to weigh in,” he says.

Khan additionally lays out seven suggestions for constructing a presentation to provide your board updates in your progress, plans, the product and financials.

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You can sign up here.)

Large Tech Inc.

Hyundai is considering acquiring the South Korea–based lidar-free autonomous mobility platform 42dot. A spokesperson of 42dot advised Kate that the startup is in talks, however cautioned that phrases, together with stake dimension and deal valuation, haven’t materialized but.

In one of many head-scratchiest strikes shortly, Spotify introduced it’s going to introduce a Play button and a Shuffle button on the prime of albums’ playlists to make it simpler to play the music the way in which you want, Sarah stories. Plot twist: the separate buttons are only available to paid subscribers. As Sarah concludes, “Streamers could also be disillusioned to search out out that what ought to be an app replace in favor of higher usability is oddly being bought to them as a cause to improve.”

Just a few extra:

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