Hello all!
Welcome again to Week in Assessment, our publication the place we wrap up lots of the prime tales to hit Avisionews over the past seven days.
The massive factor this week, primarily based on what individuals have been studying most, have been the small print of a memo despatched from Y Combinator to its portfolio founders.
Because the markets proceed to slip,YC is telling its portfolio founders that it’s time to batten down the hatches — lower prices, prolong runway and get to a “default alive” state. “For these of you who’ve began your organization inside the final 5 years,” YC writes, “query what you consider to be the traditional fundraising surroundings.”
Manish has the complete 10-point e mail proper right here.
different issues
In addition to extra dangerous information in regards to the markets, what else was occurring?
Apple testing a foldable?: Is Apple tinkering with the concept of folding telephones and/or tablets? Analyst Ming-Chi Kuo says Apple is testing E-Ink shows for the secondary show on an as-of-yet-unseen “future foldable”. As Brian factors out, although, “there’s an enormous gulf between testing and releasing” — in different phrases, don’t be too stunned if this one by no means sees the sunshine of day.
NHTSA probes Tesla crash: Earlier this month, a Tesla Mannequin S “hit a curb and slammed into building tools”, killing three. The Nationwide Freeway Site visitors Security Administration is now wanting into the accident to find out if Tesla’s Autopilot system might’ve been concerned.
DOJ says it’ll not prosecute good-faith hackers: After method, method, method too lengthy, the U.S. Justice Division is re-evaluating the way it appears to be like at hacking instances, for the primary time outright stating that “good-faith safety analysis shouldn’t be charged” underneath the Pc Fraud and Abuse Act.
Haje on Coke’s new bottle cap: “When [Coke] sends out a hand-wringing press launch about how superior they’re for launching a bottle cap the place the cap stays connected to the bottle ‘for environmental causes,’” writes Haje, “I’m sorry, my blood simply boils.”
PayPal Ventures alums launch a brand new fund: Inside just a few months of parting methods with PayPal Ventures, these three alums had raised an enormous new fund of their very own. The main target? Fintech, and backing “startups that tackle ‘the largest hurdles’ in right this moment’s monetary infrastructure: entry, utility, flexibility, and value.”
added issues
We’ve got a paywalled part of our web site referred to as Avisionews+. It prices a couple of dollars a month and it’s filled with superb stuff! From this week, for instance:
Solo or co-founder?: You’re beginning an organization. Do you do it alone, or discover a co-founder? It’s a query I’ve heard requested just about each time I’ve been on a panel with VCs or founders. On this publish, co-founder of DocSend (acquired by Dropbox in 2021) Russ Heddleston shares his ideas.
Are startup layoffs accelerating?: It appears like we’re listening to about new layoffs each different day. How rapidly are startup layoffs accelerating? Alex Wilhelm dives into the information.
Relieving the world’s lithium scarcity: Lithium-ion batteries, because the identify suggests, require lithium. However “right this moment’s lithium mines can’t hope to satisfy the skyrocketing demand,” writes Tim De Chant. So the place will we get it shifting ahead? Tim takes a have a look at some potential options.
