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Did Bolt Mobility bolt? The startup left gear and confused clients in its wake – TechCrunch

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Monday is right here, and we’re excited to throw ourselves into one other week of summertime tech information. Apropos summer time — because the VCs cease answering their telephones in favor of consuming elderflower lime martinis, enjoying pickleball, spelunking within the Bitcoin mines, and kite browsing (I can solely assume that’s what VCs do for his or her summer time break), it provides us tech reporters a bit extra time to go deeper on a few of the tales and firms which were itching our curiosity nerve.

In my distant previous as a startup founder, lengthy earlier than I grew to become a author at TechCrunch, exhibiting at TechCrunch Disrupt turned out to be an enormous second for my first startup. As an early-stage startup founder, you understand that the hustle is a part of the sport; if your organization doesn’t have the price range to attend, you’ll be able to apply to be a volunteer and attend that means. Don’t miss the volunteer FAQ to see if it is a good choice for you!  — Haje

The TechCrunch High 3

Startups and VC

The regulatory atmosphere surrounding crypto is shifting within the US because the SEC takes purpose at main gamers within the web3 world, promising to shake up enterprise as ordinary with aggressive motion. David Nage discusses how regulatory scrutiny is impacting enterprise funding in web3. It’s an excellent dialog with Lucas and Anita on this week’s episode of Chain Response, for you podcast followers!

Oui Capital, an Africa-focused VC agency primarily based in Lagos and Massachusetts, introduced in the present day that it has accomplished the primary closing of its $30 million second fund, Tage stories. The agency seeks to strengthen its presence on the continent.

Extra extra extra:

Construct a strong deck to your quarterly board conferences

Conceptual still life with low risk and rising; build a deck for board meetings

Picture Credit: Hiroshi Watanabe (opens in a brand new window) / Getty Photographs

Board conferences are nice for getting suggestions in your progress and your plans for the longer term, however what’s the easiest way to inform them what’s happening?

In accordance with Ridge Ventures accomplice Yousuf Khan, typically one of the best and easiest strategy to “make sure you’re offering board members with the data they wish to see is to simply ask them.”

“Reaching out to your board not solely helps present a way of course, it additionally provides you the chance to construct your relationship. Individuals recognize the chance to weigh in,” he says.

Khan additionally lays out seven ideas for constructing a presentation to provide your board updates in your progress, plans, the product and financials.

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You’ll be able to join right here.)

Large Tech Inc.

Hyundai is contemplating buying the South Korea–primarily based lidar-free autonomous mobility platform 42dot. A spokesperson of 42dot instructed Kate that the startup is in talks, however cautioned that phrases, together with stake dimension and deal valuation, haven’t materialized but.

In one of many head-scratchiest strikes shortly, Spotify introduced it would introduce a Play button and a Shuffle button on the high of albums’ playlists to make it simpler to play the music the way in which you want, Sarah stories. Plot twist: the separate buttons are solely obtainable to paid subscribers. As Sarah concludes, “Streamers could also be dissatisfied to seek out out that what ought to be an app replace in favor of higher usability is oddly being offered to them as a cause to improve.”

Just a few extra:

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