Former Googlers raise more than $90M to scale alternative asset fintech startup • TechCrunch


To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.

Hellooooo, guess what? It’s November! We guess it was actually November yesterday, too, but we failed to notice, because LOL what even is time, amirite. Anyway, put away your Halloween costumes and start the game of How Long Can You Avoid “Little Drummer Boy”? If you do want to play that game, you’d be well advised to not click this link, although that’s a particularly tolerable version of the song, to be fair.

Onward! — Christine and Haje

The TechCrunch Top 3

  • And for his next act…: Manish was on a roll again today, covering some cool stories. The first is on some former Googlers rallying around their peer Caesar Sengupta, who raised $90 million to scale Arta Finance, a company that will provide individuals similar access to alternative assets that are usually reserved for the ultrawealthy.
  • Betting on web3: Manish’s second story is on Microsoft, which is backing South Korea–based web3 game developer Wemade.
  • Come together, right now, in the cloud: Though many companies are asking employees to come back into the office, they and others are still figuring out how to keep distributed teams working as one. Former Yext CEO Howard Lerman thinks he has created the best option with Roam, a company that came out of stealth today with $30 million in new funding, Kyle reports.

Startups and VC

New data from more than 200 startups show that CTOs earn higher salaries than their CEO counterparts. Mostly, co-founders make the same, but where there is a difference, the balance typically tips in the favor of the technical co-founder, Haje reports.

Also, we’ve got an eclectic mix of additional news for ya:

Dear Sophie: How can students work or launch a startup while maintaining their immigration status?

Image Credits: Bryce Durbin/TechCrunch

Dear Sophie,

I’m studying bioinformatics at a university in the U.S.

What options do I have to work before and after graduation on my student visa? Do any of these options allow me to launch my own startup?

— Wanting to Work

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

Elon Musk met with civil rights leaders, and Amanda has all the details on what went down. Many of the leaders were concerned with content moderation, particularly dealing with increases in hate speech and undue influence on the midterm elections. Meanwhile, Natasha M writes that another Twitter executive is reportedly flying the coop.

Meanwhile, Manish continues to follow the Byju’s saga. The latest is that India’s edtech giant is looking at a $1 billion IPO for Aakash, its physical tutor chain.

And we have five more for you:





Source link

Related articles

Optimism Releases Required Op Batcher V1 17 0 Improve

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure TL;DR Optimism has launched op-batcher v1.17.0. The undertaking labels it a required improve for batcher operators. It provides Glamsterdam compatibility, safety updates and...

Why Is Ethereum Up In the present day? ETH Hits Highest Value Since January as $2,757 Comes Into View

Ethereum is up once more at this time (Saturday), extending Friday's rally to its highest value since January. Ether traded at $2,646 on Bitstamp at 17:56 UTC, up 1.3% on the day and...

Flock reportedly tries to shrink workforce with worker buyouts

Embattled surveillance know-how firm Flock Security unveiled a “beneficiant” severance package deal for voluntary worker departures on Friday, in keeping with a report in Wired. Flock reportedly expects a good portion of its 1,500-person...

EU Cyber Resilience Act Brings 24-Hour Vulnerability Reporting Into Power

TL;DR Components of the EU Cyber Resilience Act’s vulnerability-reporting regime are actually relevant. Producers should concern early warnings for actively exploited vulnerabilities inside 24 hours. Industrial crypto wallets can fall throughout the broader class of merchandise...

Trump says he’ll appoint an AI czar and type an "AI Pressure", in a Reality Social put up that rejects AI security issues as...

María Paula Mijares Torres / Bloomberg: Trump says he'll appoint an AI czar and type an “AI Pressure”, in a Reality Social put up that rejects AI security issues as a “hoax”  — ...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com