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Good morning you mean ol’ gang. Good to see you again, and I hope you have a swell weekend. On Wednesday, we’re hosting a TechCrunch Live focused on healthcare. It will be fun! Scan here, and if you’d like to be part of the 2-minute pitch exercise, Haje will follow up on your application.
Now, grab yourself a glass of water, and settle in for some tech-news goodness from the TC team! –Christine And came
TechCrunch’s Top 3
- OrderMeta partnered with Reliance Retail and Jio Platforms two years ago to test grocery shopping on WhatsApp in India and Manish And Jagmet Write that customers can now “browse Jiomart’s entire grocery catalog via WhatsApp, add items to cart and pay through local payments UPI without leaving the instant messaging service.
- WelcomeFormer Amplifi founder and CEO Segun Adeyemi is back with Anchor, a banking startup that helps businesses offer financial products in Nigeria and across Africa. It also caught the eye of Y Combinator and other investors, who invested more than $1 million. take up Reports.
- Hello to the bossSpeaking of YC Mary Ann And Natasha M Initialized Capital teamed up to announce today’s surprise news that founder Gary Tan will become the accelerator giant’s next president and CEO.
Startups and VCs
As we all know, the housing market goes through cycles. Low interest rates mean more purchases and financing. Higher interest rates mean fewer purchases and financing — and more business for fintechs operating in the real estate industry. Mary Ann He wrote:
Cli Capital was your average family office run by a former tech entrepreneur to fund a new fleet of founders. Becca He reported that the firm shifted gears in the firm’s third fund every time it switched to a multi-LP fund.
A Gen Z VC Speaks: Why Gen Z VCs Are Rubbish.
Image Credits: Anastasia Janishevska / I.E.M (Opens in a new window) / Getty Images
Tech investors born after 1996 “raised money, gathered social media followers and capitalized on the mindset of Gen Z,” said Andrew Chan, senior partner at Builders VC.
However, “Gen Z, no matter how you slice it, is still a lot of kids. I added myself,” he noted in a TC+ guest post. “Good for them. I don’t want to be a part of it.
Chan says too many investors in his age group rely on “youth, groupthink and self-confidence instead of hard work and experience.”
“It might work for now, but if this is a success for my generation of capitalists, I’d rather stay in my happy little bubble coding geochemistry at NASA JPL.”
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here..)
Big Tech Inc.
If you like glowing headphones, you will be delighted cameReview of Angry Miao’s Cyberblade game earbuds. “These are the best in-ear headphones I’ve ever seen,” we think sums them up.
Remember the vintage Apple iMac Blueberry? This is what the rear of the new Aston Martin Valhalla reminds us of. For true car enthusiasts, Jacqueline This high-performance vehicle is being used to “set the playbook for future EVs,” he wrote.
