Techcrunch blog!: Former crypto hedge fund manager sentenced to prison after not complying with court orders

Friday, September 29, 2023

In today's top story, Three Arrows Capital's Su Zhu was arrested in Singapore while attempting to leave the country. The co-founder of the now-defunct crypto hedge fund was sentenced to four months in prison. Zhu is not the only one investigators want to arrest.

Meanwhile, Apple has been busy revamping and updating much of its operating system lately, and now it’s iCloud.com's turn. See what's new in features for Drive, Mail and Notes.

And Discord resolved a widespread outage caused by "unusual traffic spikes." Wonder what you all were doing . . .

Image Credits: Getty Images

More top reads

A chip off the old butcher's block: Meal kits were where it was at for a lot of people who didn't want to stress about what to make for dinner. Now one of the biggest ones in the sector was just sold. So what happened to Blue Apron? (TC+)

More people or more impressions?: X, formerly Twitter, has paid almost $20 million to creators, according to its CEO. We break down what that could mean. Meanwhile, Twitter's former head of trust and safety says X is headed for a "rule of law" clash with the European Union. Read on.

Discounted: It's rumored that WestBridge Capital is in the advanced stages of inking a deal to buy a stake in India's Meesho. Get the scoop.

Google Pixel Event: Next week, Google unveils its new Pixel products. See what's on tap.

Pitch Deck Teardown: I point, you point, let's all point at point.me's $10 million Series A deck and learn what Haje liked and didn't like. (TC+)

No fakers here: BeReal pushes back at a report claiming the social media app is losing steam by saying it now has 25 million daily users. Find out why BeReal objects.

Europe's got capital: Two large equity funds launched out of Europe this week. What are we to make of this?

VC Office Hours: Pivotal Ventures' Erin Harkless Moore discusses how data can help improve social impact investing. Learn how. (TC+)

Off balance: Startups may have trouble finding their enterprise footing, even with the software market softening. Here's why. (TC+)

Image Credits: Michael Nagle/Bloomberg / Getty Images

How to pitch me: 7 investors discuss what they're looking for in September 2023

This week, Walter Thompson surveyed seven venture capitalists about what early-stage investors are currently looking for in a new investment. You're also in luck — six out of the seven listed below included their contact details.

Now the only hard part is crafting a story about your startup that's so convincing, they'll recognize the value in your idea and wire you some cash.

Read how the following investors prefer to be approached and which questions they're most likely to ask once you're in the room:

Maria Buitron, principal, Piva Capital
Karl Alomar, managing partner, M13
Raja Ghawi, partner, Era Ventures
Anamitra Banerji, managing partner, Afore Capital
Mukaya (Tai) Panich, CIO and CEO, SCB 10X
David Phelps, founder, chairman and CEO; Merlin Ventures and Merlin Cyber
Kavita Gupta, founder and general partner, Delta Blockchain Fund

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

How to pitch me: 7 investors discuss what they're looking for in September 2023 image

Image Credits: Masahiro Makino / Getty Images

On the pods

Equity has the update on the writers strike’s implications on AI, deals of the week from OpenAI and Arc, YC and the role of accelerators in the startup world, and shifts in the tech labor market as layoffs subside. Listen here.