PSG, Battery Ventures invest $100M in open source password manager Bitwarden  • TechCrunch

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Hey hey Hey! This week will be a busy week for the CTV team. We’re excited about the Apple event and Y Combinator featuring a rollout date. Alex welcome to YC and Apple week on the Equity podcast and your trusted Daily Crunch team is ready to use our laptops to share a news overview with you!

Stay tuned, it’s going to be wild! – Christine and Haje

TechCrunch’s Top 3

  • 2Dh1? .. Spth! Lmng: Bitwarden’s ability to generate hard-to-guess passwords has made it attractive to investors who have just injected $100 million in new capital into the company, which aims to rid the world of people using the same passwords. in their personal and business lives, Paul write.
  • The Wild West of Climate Technology: Mike there is a story about Ceezer closing with 4.2 million euros to find better ways for businesses to offset carbon.
  • DAO makes us proud: The Metaverse Magna Gaming Guild is currently valued at $30 million after raising $3.2 million in a recent round. Tage writes that the company plans to build “Africa’s largest gaming DAO”.

Start-ups and VC

The European Union – the guys who made sure we ended up with cookie banners on every damn website you ever visit – is back at it with a new initiative that could cause a some of the unintended consequences of the big league on open source software, Kyle report. EU AI Act could have a chilling effect – “if a company implements an open source AI system that leads to some disastrous outcome (…) they can sue the open source developers.”

Our brains are melting in the heat, so here are some really gruesome puns to fit our current mental age:

10 built-in innovations that almost tripled our customer rate

Barefoot on the red carpet

Image credits: Hill Street Studios (Opens in a new window) / Beautiful pictures

Managers running businesses that rely on recurring revenue are often distracted by the never-ending sprint to maintain favorable KPIs. But one metric can rule them all: customers giving up.

If new users can’t quickly figure out how to use (or benefit from) your product, how many new customers do you have each month. Sam DeBrule, co-founder and head of marketing at Heyday, says to minimize chaos, product and marketing teams need to have positive goals.

In a TC+ guest post, he explains the tactics he and his co-founder used to get themselves on the customer journey, and the changes that have helped them reduce revenue by almost 3x how.

“If you’re researching referrals and see something you like here, steal it.”

(TechCrunch+ is our membership program that helps founders and startup teams rise to the top. You can register here.)

Big Tech Inc.

Spanish behind two of our big stories over the weekend, including crypto exchange Binance announcing that it will be discontinuing support. USDC, USDP and TUSD and started converting three rival stablecoins into his own stablecoin, BUSD, on September 29. He also wrote about India’s grassroots minister of information technology send summons to Wikipedia after edits were made to cricketer Arshdeep Singh’s page, “suggesting that some people from Pakistan are behind this act and are trying to disrupt the peace in the South Asian market”.

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