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Hellooooo! Since our last Daily Crunch, our adrenaline-fuelled ukbusinessupdates.com team has added over 70 stories to the site. We select some of the best below, but we’re almost certainly going to miss a story you might want to read. Quickly browse our homepage to see what you like! — Christine and hi
The ukbusinessupdates.com Top 3
- Tim Cook and green bubbles: Christine is an Android user and her iPhone-using friends talk about “green bubbles”, but until now she didn’t know that this was a problem. Christine’s speech bubbles come in all different colors and even tell her who is “speaking” in a group. However, she has now learned that her iPhone-using friends secretly hate her green bubbles. Tim Cook is on their side, Ivan writes.
- Environmental Mesh: That’s the name of the new Istio service mesh from Google and Solo.io. We will yield to Frederick to explain what all that means.
- Electric devout: Jeep has three, three new electric vehicles, ah ah ah!, ready to hit the market from 2023, Jaclyn reports.
Startups and VC
It’s day 2 of Y Combinator-vaganza, which means we’ve got buckets and buckets of news for you. Assuming news comes in buckets, but that’s a talk for another day.
Tage reports that YC’s latest batch cuts the presence of African startups by more than half, and Anna, Alex and Tage are curious where Y Combinator is hunting for startups in 2022. And Kylea explored 7 AI startups that stood out among the YC hopefuls, and a ton of ukbusinessupdates.com writers selected our 11 favorite companies from Day 1 and Day 2 and the moonshots.
Oof. In addition to YC, Apple hosted an event yesterday, and we covered a lot of that as well. Luckily, Christine has you covered on that front in the Big Tech section below.
Here are a few more for you:
5 Metrics Series A Investors Look for Dev Tools Startups
The median Series A for developer tooling companies fell to $47.5 million in the third quarter of 2022, “the lowest since early 2021,” writes Rak Garg, a director at Bain Capital.
After meeting hundreds of companies since the downturn began, Garg has written a fundraising guide for seed stage founders hoping to take it to the next level.
“I’ve noticed a common trait among founders who have organized successful Series A rounds: they’re great at telling the stories of their companies,” says Garg.
(ukbusinessupdates.com+ is our membership program that helps founders and startup teams move forward. You can register here.)
Big Tech Inc.
So much Apple, so little time. The Apple iPhone 14 event dominated our second day news cycle, especially this one by Greg, who we think summed up everything about the event nicely. If you want to read every drooling detail, head over to the Apple Fall Event Hub.
Speaking of things to salivate, Christine wrote a short piece on Bloomingdale’s foray into the metaverse with its new virtual store that looks like it will make your wallet envy.