December 2, 2023

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We live in a strange world. Banks are collapsing while the world keeps turning.

Oh hey look! OpenAI is now richer! Alex It’s back to Monday’s radio, and as usual, we’ve got a lot to unpack: we’re digging into OpenAI, earnings, First Republic Bank, some interesting startups and ARM’s IPO on today’s Equity show. Listen here.

Christine and he came

TechCrunch Top 3

  • on the verge of collapse: Regulators shut down First Republic Bank and installed buyer JPMorgan Chase, which bought $330 billion of FRB’s assets and deposits. at the same time, Ingrid wrote that the FDIC is stuck with $13 billion. Stay tuned for more as this all unfolds.
  • One man’s mess is another man’s success: Elon Musk took to Twitter this weekend to share more information about what happened to SpaceX’s Starship, which did not immediately self-destruct as planned during last week’s test launch. Darrell There are more.
  • AI must lead: Israeli startup Alison is the latest ad tech company to receive funding, reportedly $5.1 million, to infuse artificial intelligence into its platform for analyzing creative ads microphone.

Startups and Venture Capital

Much remains to be written about the future of vertical farming. In many ways, the technology offers hope amid growing food security concerns, an aging population and potential environmental collapse, brian Write. Early-stage companies in this space will focus on reducing unit economics (hopefully) to the point where the technology makes sense from a price perspective. up and forward.

One of the things Haje hates the most is warm introductions. “I get why investors insist on them, but it always strikes me as lazy and intolerant,” he wrote on TC+, glad to find some sort of antidote: GoAhead claims it hears pitches from anyone, regardless Where in the world are you in or what are you building, as long as you are pre-seed or seed company.

One more little gift for you on this fine Monday afternoon (assuming you’re in the West Coast or similar time zone. If you’re not, then God only knows what time you are. But we hope you have a good day no matter what ).

Your website needs more than just a user onboarding experience

Airport boarding gate extension on the tarmac

Image credits: John Lund (opens in new window) / Getty Images

In the early days, most founding teams focus on building a solid sales pipeline, but customer segmentation can be done during the acquisition process if you know which questions to ask.

Getting new users to answer questions about their past product experiences or future goals is the first step in creating customer personas, says growth expert Jonathan Martinez, who shares several variables that can help improve retention and conversion rates.

“It’s true that while you may add some extra friction with questions in your lead form or onboarding process, it will be a huge benefit to your consumers’ overall experience.”

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams stay ahead of the pack. you can sign up here. Use code “DC” for 15% off your annual subscription!

big tech company

If you once had a Twitter blue check, lost it, but recently edited your bio and saw it reappear, you’re not alone. Amanda Notice that if you update your profile, the blue tick reappears. It won’t stay, but there are some laugh-out-loud things today.

Ready to Freevee – can that be a verb? Sarah Amazon will release more than 100 Amazon original titles to the free streaming service this year, wrote.

Now here are five more for you: