Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

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​​The TechCrunch Top 3

• Funds, revenue, money…must be funny: Warner Bros. Discovery exposed that it lost yet another $2.1 billion in the fourth quarter. This is inspite of the accomplishment of exhibits like “The Last of Us” on HBO and game titles like “Hogwarts Legacy.” Lauren clarifies additional.
• Vogue layoffs: Secondhand attire market Poshmark is now laying off workforce just two months immediately after becoming acquired by Naver, Kate reviews.
• A further brick in the wall: Ron describes why a probable U.S. Division of Justice lawsuit in excess of level of competition could derail the pending $20 billion Adobe-Figma deal.

Startups and VC

The truth of the matter of the make any difference is that Cellular Earth Congress (MWC) was hardly ever a shopper tech present, for every se, but the participation of several smartphone makers transformed it into a handy launching pad. Brian explores in What we be expecting from MWC 2021.

In the facial area of conscripted co-founders and blacked-out bunkers, Ukraine’s tech market marches on. Mike explores how, a year on from Russia’s invasion, Ukrainian startups demonstrate astounding resilience.

And we have 5 more for you:

• Pay back, pay shell out: Telecom large Airtel eyes a stake in Paytm, by Manish.
• Obtain, acquire, obtain: Rebuy is out to alter the consumer buying practical experience, one particular personalization at a time, Christine reports.
• Deb, dev, dev: Alchemy launches a device that enables devs to get started creating dApps within just 4 minutes, Jacquelyn experiences.
• Ai, ai, AI:  Natasha L stories how Voicemod resources up with $14.5 million to ride the generative AI (sonic)boom.
• Pic, pic, pic: South Africa’s Envisionit Deep AI receives $1.65 million to broaden obtain to professional medical imaging, reports Annie.

5 inquiries rising managers need to check with in advance of deciding upon LPs

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Ahead of an emerging manager can start backing startups, they’ll first want to gain the trust of confined companions who are prepared to guess on their financial investment thesis.

“Each step up the conclusion-generating ladder increases the danger of dismissal, misplaced information and facts or miscommunication, which can be mitigated if you can get in entrance of the conclusion-makers early on,” says Linda Greub, co-founder and running husband or wife of Avestria Ventures.

Drawing from her very own knowledge, Greub shares five queries rising professionals can use “to find the traders most most likely to consider in you.”

3 far more from the TC+ workforce:

TechCrunch+ is our membership method that will help founders and startup teams get in advance of the pack. You can signal up here. Use code “DC” for a 15% low cost on an yearly subscription!

Major Tech Inc.

A new hacker group going by the name CH01 defaced Russian sites to have them display a video clip of the Kremlin on fireplace. Lorenzo has additional.

Google One subscribers can rejoice around this news that they now have accessibility to Google Photos’ new AI-powered “Magic Eraser” that will take out unwelcome written content from visuals, Sarah stories.

We have a treat for you: 6 tales rather of five: