Did Bolt Mobility get away? Startup left teams and confused customers in its wake – TechCrunch

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Monday is here and we’re excited to launch into another week of summer tech news. Apropos of summer: As venture capitalists stop answering their phones to drink elderflower and lime martinis, play pickleball, caving in Bitcoin mines, and kitesurfing (I can only assume that’s what they do venture capitalists on their summer break), gives us tech reporters a little more time to delve into some of the stories and companies that have been piquing our curiosity.

In my distant past as a startup founder, long before I became a writer at TechCrunch, exhibiting at TechCrunch Disrupt turned out to be a great moment for my first startup. As the founder of an early-stage startup, you know hustle is part of the game; If your company does not have the budget to attend, you can apply to be a volunteer and attend that way. Don’t miss the frequently asked questions from volunteers to see if this is a good option for you! — Haje

TechCrunch Top 3

Startups and VCs

The regulatory environment surrounding cryptocurrencies is changing in the US as the SEC targets major players in the web3 world, promising to shake up business as usual with aggressive action. David Nage discusses how regulatory scrutiny is affecting venture investing in web3. It’s a great conversation with Luke Y Anita on this week’s episode of Chain Reaction, for podcast fans.

Oui Capital, an Africa-focused venture capital firm based in Lagos and Massachusetts, announced today that it has completed the first closing on its $30 million investment second background, Label reports. The firm seeks to strengthen its presence in the continent.

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Create a strong platform for your quarterly board meetings

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

Image credits: Hiroshi Watanabe (Opens in a new window) / fake images

Board meetings are great for getting feedback on your progress and future plans, but what’s the best way to tell them what’s going on?

According to Ridge Ventures partner Yousuf Khan, often the best and easiest way to “make sure you’re giving board members the information they want to see is to simply ask them.”

“Reaching out to your board not only helps provide a sense of direction, it also gives you an opportunity to build your relationship. People appreciate the opportunity to weigh in,” she says.

Khan also presents seven tips for creating a presentation to give your board updates on your progress, plans, the product, and finances.

(TechCrunch+ is our membership program, helping startup founders and teams get ahead. You can sign up here.)

great tech inc

Hyundai is considering acquiring South Korea-based lidarless autonomous mobility platform 42dot. A 42dot spokesperson said Kate that the startup is in talks, but warned that terms, including stake size and deal valuation, have yet to materialize.

In one of the most baffling moves in a long time, Spotify announced that it will introduce a Play button and Shuffle button at the top of album playlists to make it easier to play music just the way you like it. Sarah reports. Plot twist: separate buttons are only available to paid subscribers. As Sarah concludes, “Streamers may be disappointed to find that what should be an app update in favor of better usability is being strangely sold to them as a reason to upgrade.”

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