Each day Crunch: Falling wanting analysts’ estimates, Warner Bros. Discovery posts $2.1B web loss for This fall 2022

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People, we’ve obtained some actually unhappy information for you. The weekend is right here, which signifies that you need to cease working for a pair days. We all know, it’s a tragedy. However don’t fear, Monday is simply two brief weekend days away, after which you will get again to the grindstone.

Black Historical past Month continues! Initially printed in 1975, For Coloured Ladies Who Have Thought of Suicide/When the Rainbow Is Enuf is a powerful, passionate, and fearless story of what it meant to be a girl of shade within the twentieth century.  Nicely price a learn — or search it out onstage!

A lot love and hugs and such, Christine and Haje

​​The TechCrunch High 3

• Cash, cash, cash…should be humorous: Warner Bros. Discovery revealed that it misplaced one other $2.1 billion within the fourth quarter. That is regardless of the success of exhibits like “The Final of Us” on HBO and video games like “Hogwarts Legacy.” Lauren explains extra.
• Style layoffs: Secondhand attire market Poshmark is now shedding workers simply two months after being acquired by Naver, Kate studies.
• One other brick within the wall: Ron explains why a attainable U.S. Division of Justice lawsuit over competitors may derail the pending $20 billion Adobe-Figma deal.

Startups and VC

The reality of the matter is that Cell World Congress (MWC) was by no means a client tech present, per se, however the participation of assorted smartphone makers reworked it right into a useful launching pad. Brian explores in What we count on from MWC 2021.

Within the face of conscripted co-founders and blacked-out bunkers, Ukraine’s tech trade marches on. Mike explores how, a yr on from Russia’s invasion, Ukrainian startups present astounding resilience.

And we’ve 5 extra for you:

• Pay, pay pay: Telecom large Airtel eyes a stake in Paytm, by Manish.
• Purchase, purchase, purchase: Rebuy is out to vary the client shopping for expertise, one personalization at a time, Christine studies.
• Deb, dev, dev: Alchemy launches a device that allows devs to begin constructing dApps inside 4 minutes, Jacquelyn studies.
• Ai, ai, AI:  Natasha L studies how Voicemod instruments up with $14.5 million to journey the generative AI (sonic)growth.
• Pic, pic, pic: South Africa’s Envisionit Deep AI will get $1.65 million to broaden entry to medical imaging, studies Annie.

5 questions rising managers ought to ask earlier than deciding on LPs

Picture Credit: Constantin Johnny (opens in a brand new window) / Getty Photographs

Earlier than an rising supervisor can begin backing startups, they’ll first must earn the belief of restricted companions who’re prepared to wager on their funding thesis.

“Every step up the decision-making ladder will increase the danger of dismissal, misplaced data or miscommunication, which will be mitigated if you will get in entrance of the decision-makers early on,” says Linda Greub, co-founder and managing associate of Avestria Ventures.

Drawing from her personal expertise, Greub shares 5 questions rising managers can use “to seek out the traders most definitely to imagine in you.”

Three extra from the TC+ workforce:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You’ll be able to enroll right here. Use code “DC” for a 15% low cost on an annual subscription!

Large Tech Inc.

A brand new hacker group going by the title CH01 defaced Russian web sites to have them show a video of the Kremlin on hearth. Lorenzo has extra.

Google One subscribers can rejoice over this information that they now have entry to Google Photographs’ new AI-powered “Magic Eraser” that can take away undesirable content material from photographs, Sarah studies.

We have now a deal with for you: six tales as an alternative of 5: