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This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. Even the biggest startups are still running after more funding. To help you catch up, we’ve got the top startup stories from the week, plus some from the previous one.
Most interesting startup stories from the week
Image Credits:Haje Kamps / TechCrunch
So far this month, we’ve learned that not getting acquired by Adobe can be good business and that it is sometimes worth embracing the messiness. As for cheating, we are afraid the messages are still mixed.
Blockbuster ahead: Figma released a regulatory filing ahead of its IPO, which experts estimate could raise up to $1.5 billion for the design company — and its financial details are impressive.
Multitasking: In case you missed it, everyone in tech has an opinion about Soham Parekh, the serial moonlighter Silicon Valley startups apparently can’t stop hiring.
Between the cheats: Cluely is making noise with its rage-bait marketing, but the numbers are also following. Its annual recurring revenue doubled to about $7 million in a week, founder Roy Lee told TechCrunch. Lee also said he isn’t worried about rivals, nor cheating detectors.
Insights from Brex: If your company is struggling to procure the right AI tools, you’re not alone, and you may find it interesting to know how corporate credit card company Brex has embraced the “messiness.”
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