YC’s letter to founders, Apple’s folding device and the DOJ’s new stance on hackers – TechCrunch

Hi all!

Welcome again to Week in Review, our publication the place we wrap up lots of the high tales to hit TechCrunch over the final seven days.

Tea large factor this week, based mostly on what folks have been studying most, have been the particulars of a memo despatched from Y Combinator to its portfolio founders.

As the markets proceed to slide, YC is telling its portfolio founders that it is time to batten down the hatches minimize prices, prolong runway and get to a “default alive” state. “For those of you who have started your company within the last 5 years,” YC writes, “question what you believe to be the normal fundraising environment.”

Manish has the full 10-point e-mail proper right here.

different issues

Besides extra unhealthy information about the markets, what else was going on?

Apple testing has foldable?: Is Apple tinkering with the concept of ​​folding telephones and/or tablets? Analyst Ming-Chi Kuo says Apple is testing E-Ink shows for the secondary show on an as-of-yet-unseen “future foldable”. As Brian factors out, although, “theres a big gulf between testing and releasing” in different phrases, do not be too shocked if this one by no means sees the mild of day.

NHTSA probes Tesla crash: Earlier this month, a Tesla Model S “hit a curb and slammed into construction equipment”, killing three. The National Highway Traffic Safety Administration is now wanting into the accident to decide if Tesla’s Autopilot system may’ve been concerned.

DOJ says it can not prosecute good-faith hackers: After means, means, means too lengthy, the US Justice Department is re-evaluating the way it seems to be at hacking instances, for the first time outright stating that “good-faith security research should not be charged” beneath the Computer Fraud and Abuse Act.

Haje on Coke’s new bottle cap: “When [Coke] sends out a hand-wringing press release about how awesome they are for launching a bottle cap where the cap stays attached to the bottle ‘for environmental reasons,’” ​​writes Haje, “Im sorry, my blood just boils.”

PayPal Ventures alums launch a new fund: Within a couple of months of sharing methods with PayPal Ventures, these three alums had raised an enormous new fund of their very own. The focus? Fintech, and backing “startups that address ‘the biggest hurdles’ in todays financial infrastructure: access, utility, flexibility, and cost.”

added issues

We have a paywalled part of our website referred to as TechCrunch+. It prices a couple of bucks a month and its filled with superb stuff! From this week, for instance:

Solo or co-founder?: You’re beginning an organization. Do you do it alone, or discover a co-founder? It’s a query I’ve heard requested just about each time I’ve been on a panel with VCs or founders. In this submit, co-founder of DocSend (acquired by Dropbox in 2021) Russ Heddleston shares his ideas.

Are startup layoffs accelerating?: It appears like we’re listening to about new layoffs each different day. How shortly are startup layoffs accelerating? Alex Wilhelm dives into the information.

Relieving the worlds lithium scarcity: Lithium-ion batteries, as the identify suggests, require lithium. But “todays lithium mines cant hope to meet the skyrocketing demand,” writes Tim De Chant. So the place will we get it transferring ahead? Tim takes a have a look at some potential options.

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