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Hey, hey, hey! This week will be a busy week for the TC staff. We’re excited about Apple’s event, and Y Combinator has a demo day. Alex Welcome to the YC and Apple Week in Equity Podcast, and your faithful Daily Crunch team is on our laptops ready to share the cream of the news-crop with you!
Stay tuned, it’s going to be wild! – Christine And came
TechCrunch’s Top 3
- 2Dh1?..Spth!Lmng: Bitwarden’s ability to generate hard-to-guess passwords has attracted investors who have pumped $100 million in new funding into the company, which aims to rid the world of people who use the same passwords in their personal and business lives. Paul He wrote.
- ‘Wild West climate technology: Mike Seezer has a history of closing on €4.2 million to help businesses figure out the best way to offset their carbon footprint.
- The DAO makes us proud.: Gaming Guild Metaverse Magna is now valued at $30 million after raising $3.2 million in a recent round. take up The company plans to build “the largest gaming DAO in Africa,” he wrote.
Startups and VCs
The European Union—those who made sure we ended up with cookie banners on every website you visited—is back at it with a new initiative on open source software that could have some major league unexpected consequences. Kyle Reports. EU AI legislation can have chilling effects – “If a company deploys an open source AI system that has some disastrous effect (…) it can sue the open source developers.
Our brains are melting in the heat, so here are some truly god-awful poems that fit our current mental age.
10 onboarding improvements that nearly 3x our customers
Image Credits: Hill Street Studios (Opens in a new window) / Getty Images
Managers running businesses that rely on recurring revenue are distracted by the never-ending sprint to maintain ideal KPIs. But one metric may rule them all: customer churn.
It doesn’t matter how many new customers come in every month if new users can’t quickly figure out how to use (or use) your products. But to reduce churn, marketing and product teams need onboarding goals, says Heyday founder and chief marketing officer Sam Debrule.
In a guest post on TC+, he explains the strategies he and his co-founder used to introduce themselves to the customer journey and how the changes helped them reduce revenue by nearly 3x.
“If you’re boarding and see something you like here, feel free to steal it.”
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here..)
Big Tech Inc.
Manish He was behind two of our biggest stories over the weekend, including crypto exchange Binance announcing that it will stop supporting USDC, USDP and TUSD and begin converting the three rival coins to BUSD on September 29. He also writes about Indian information technology. Cricketer Arshdeep Singh sent a summons to Wikipedia after the page was edited, saying, “Some Pakistani people are behind the act and are trying to disturb the peace in the South Asian market.”
