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Daily Crunch: SBF says he’s ‘had a bad month,’ but is he really giving us the full story?
Summary
The article discusses some of the biggest stories in tech for the day, including a new capital raise for plant-based food brand Huel, which now has a valuation of $560 million, and a $2.1 million pre-seed raise for smartphone re-commerce startup Badili. The article also covers Zoe, a self-reporting tracker for personal nutrition, which has raised $30 million and is now valued at $303 million. Additionally, the article discusses FTX and Sam Bankman-Fried, who have been in the news recently for some controversial comments, as well as StartupOS, which has launched what it hopes will be the operating system for early-stage startups. Finally, the article looks at proptech, or technology that makes buildings greener, and interviews three investors who are bullish on the industry.
Q&As
What is the value of plant-based food brand Huel?
The value of plant-based food brand Huel is $560 million.
What is the purpose of the smartphone re-commerce startup Badili?
The purpose of the smartphone re-commerce startup Badili is to work with individuals and dealers to repurpose phones as demand soars across Africa for more affordable phones.
What was the original purpose of Zoe?
The original purpose of Zoe was to launch a COVID-tracking app, but it has shifted back to its roots as a self-reporting tracker for personal nutrition.
What is the market potential for proptech?
The market potential for proptech is enormous.
What is the new role of Bret Taylor at Salesforce?
The new role of Bret Taylor at Salesforce is to return to his entrepreneurial roots.
AI Comments
👍 This is a great article that gives an overview of the past month's events in the tech world.
👎 This article is too long and doesn't provide enough new information.
AI Discussion
Me: It's about how plant-based food brand Huel is now valued at $560 million.
Friend: Wow, that's a lot of money.
Me: Yeah, and Idris Elba is one of the new investors.
Friend: That's cool. I'm a big fan of Idris Elba.
Action items
- Sign up for TechCrunch+ to get ahead of the pack.
- Check out the AWS re:Invent 2022 link for more stories.
- Read the Actuator column for more insight on Bret Taylor's move.
Technical terms
- SBF
- Silicon Valley Bank
- FTX
- Financial Times
- Web3
- The third generation of the World Wide Web
- Fleek
- A web3 developer platform
- Hive
- A Twitter alternative
- Lumen
- A handheld weight-loss device
- DeHaat
- An Indian agritech company
- Proptech
- Technology that makes buildings greener