TechCrunch chose the top 20 startups out of 200 from Y Combinator Demo Day. My picks? 1. Somatic - an autonomous bathroom cleaning robot. No way humans do this dirty job forever.
My #2 favorite startup from YC Demo Day?
Homestead - Converts your garage into an apartment for free and then splits the rental revenue with you. Lots of need for passive revenue streams in the coming recession
One more favorite startup I liked from YC Demo Day was FrogLabs - Weather forecasting AI to predict transportation/delivery slowdowns, sales slumps, & green energy production. Super valueable data.
Here's my line-by-line rebuttal of Jack Dorsey's subtweeted reasons he should still be CEO. 1. Twitter still doesn't label misinformation 3yrs after Fb started to techcrunch.com/2020/03/05/its…
2. Twitter's ads still feel totally skippable. Dorsey claims it's making a big push for mobile app install ads...7yrs after Facebook did that 🤦♂️Share price still down from 5yrs ago
3. Jack Dorsey killed Vine when it was on the cusp of becoming TikTok before TikTok. Cancelling a mobile video product in 2016 was unforgivably stupid, especially since his resource mismanagement was the cause
Instagram now lets you clean up your feed by revealing who you see most & interact with least
Instagram's unfollow suggestions make sure you don't clog your feed with courtesy or pity follows, or oversharers tcrn.ch/3bhIhxR
The denser the quality of your Instagram feed/Stories, the less likely you are to bounce, so the more ads you’ll see. Better user experience + more revenue = win techcrunch.com/2020/02/06/ins… tip @Techmeme
Facebook's 2019 expenses grew $47B, up 51% vs 2018. Content moderation & safety costs are strangling the golden goose
Facebook warns the world's sudden interest in privacy will hurt its ad targeting & revenue, even as user grow:
-GDPR & California's CCPA
-Anti-targeting in browsers, iOS, & Android
-Fb's own privacy tools (some mandated by FTC) techcrunch.com/2020/01/29/fac…
Takeaways from Zuckerberg's testimony:
-Fb will announce its News section this week
-He argued for Libra approval because China's digital Renminbi is coming soon
-Libra partners left because "it's a risky project and there's been a lot of scrutiny." techcrunch.com/2019/10/23/zuc…
Zuckerberg says it would be reasonable for regulators to mandate that Libra be majority-backed by US dollars, not foreign currencies
The major theme of Zuckerberg's testimony is a clever escape hatch. He distances himself from the Libra Assoc, explaining Facebook doesn't control it so he can't make unilateral promises about how it will work.
Takeaways from my #TCDisrupt talk with Snapchat CEO Evan Spiegel: 1. On Instagram Threads’ icon vs Snap Spectacles. “Haha. Nice logo”
Spiegel says it will be 10 years until there are popular AR glasses, and Snap could beat Apple by starting on phones. (Sounds like a decade of risky spending). 2/
Snapchat’s CEO confirmed his legal team made a Project Voldemort dossier of Facebook’s anti-competitive behavior since there was so much to keep track of. 3/