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Hi! You have an extra day of my own before I have a well-deserved Friday off and Kyle filled in, so I decided to create a huge version of Daily Crunch. We hope many of you are hanging out with the crypto gang in Miami to TC Session: Cryptocurrencies. As you can see, a few stories have been born and I’m sure there will be many more.

Oh, and if you have a 30-minute break, I think you’ll like it Alex‘S interview some corporate communication experts detailed information about working with startups and public companies. Also, check out haje‘S Sateliot .’s Pitch Deck Teardownthere’s a lot going for it, but needs the last names of the team members.

Let’s find out the news today! — Christine

Top 3 TechCrunch

  • feature rendering: For those of you who like to use Google Maps, Google Search, and Google Shopping, does the company have some new features for you. Aisha break them.
  • Put money in your mouth: Index Ventures is betting that the recession will inspire the creation of more startups and is putting $300 million on that horse to win, Mike write.
  • A goal without a plan is just a wish: Mozilla released the “State of Mozilla” report today and Frederic take a look at how the maker of Firefox sees its next chapter.

Start-ups and VC

Many cybersecurity M&As are happening here like ingrid report that Palo Alto Networks is buying Cider Security in a deal said to be worth up to $300 million. This is a move she writes that has been rumored for a bit, but now some information has been released, including telling investors, that makes it more likely.

Mary Ann spoke to a number of crypto-focused venture capitalists who told her that they have proceeded with caution when implementing their funds into crypto but are now worried that the aftermath The consequences of the collapse of FTX could make it harder to get limited partners on board for future funds.

And we have six more for you:

SaaS startups Ignored VC advice to cut sales, and marketing got better this year

The digital image creates a yellow balloon in the shape of a dollar sign inflated with a pump and levitated against a white background.

Image credits: Andriy Onufriyenko (Opens in a new window) / Beautiful pictures

Many venture capitalists advise founders to reduce their sales and marketing spending to maintain the runway this year. And as it turns out, many venture capitalists were giving the wrong advice.

According to data from Capchase, a fintech that provides undiluted capital to startups, “companies that have not cut back on sales and marketing spending are now in a better financial and growth position than their counterparts. what companies did when the market started to plunge in 2022,” the report Rebecca Szkutak.

Of the 500 companies surveyed, the self-starters showed the strongest growth, said Miguel Fernandez, Co-founder and CEO of Capchase:

“What we’ve seen in this case, and what’s most interesting, is that the best companies have actually cut every other cost except sales and marketing.”

Three other pieces of information from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here. Use code “DC” to get 15% off your annual subscription!

Big tech company

Let’s enjoy it Brianvery big actuator bulletin Today, where he explores Boston’s tech scene, travels around the city, talks to Tye Brady, does some work with robotics, and goes on a “field trip to some of the best startups” of Boston.”

For those of you who like to tweet by topic, Twitter is working on a feature for you that will auto split long text into string, Ivan report. This move will reduce the need to break up all your carefully curated vomit words into 280-character segments.

Meanwhile, in Binance land, co-founder and CEO Changpeng Zhao, also known as CZ, spoke with Anita this morning at TC Session: Cryptocurrenciesand salad capture some of the highlights, including CZ’s thoughts on FTX: “We are the last straw to break the camel’s back.” afterward Manish draw some of CZ’s remarks as they relate to Binance’s Business Capability in India. Specifically, none.

Today, there are six more that we think you should read:




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