Hello and welcome to Daily Crunch for October 29, 2021. If you feel a little snowed-under after all the news from the week, we understand. This week saw Facebook change its name, new hardware from Google and Samsung, Apple laptops reviews, Sequoia revamping its entire structure, Big Tech earnings, issues at Ro, and eighty-eleven startup funding rounds and product launches. But we made it through, so let’s go back over today’s biggest news and then get right into this weekend! —Alex The TechCrunch Top 3 Public cloud revenues reach $45B: In the third quarter, the value of public cloud revenues from Google, Microsoft and Amazon hit $45 billion, a figure good for a $180 billion run rate. That figure underscores how far the cloud has come in recent years and represents spend from a host of companies big and small, tech and otherwise. TechCrunch dug into what impact the chip shortage is, and isn’t, having on growth amongst the public cloud lords, in case you were curious about that particula
There’s a new venture studio in the world that looks rather different from earlier venture studios from a structural standpoint. Unlike renowned outfits like Atomic or Science or Expa that create companies that then sell equity to VCs who expect that equity to rise in value, this new studio, SuperLayer, plans to spin up consumer projects then instead of sell equity to VCs, it will invite the communities that use these products that invest in them by acquiring tokens, which can then be bought or sold or used to participate in other projects. Indeed, in the case of SuperLayer, the tokens might all look a bit different, but they will all be tied to a blockchain network called Rally that SuperLayer’s founders created earlier and want to help popularize by creating more interesting apps atop it. https://voyage-rp.com/showthread.php?tid=2529 https://plainnuts.com/showthread.php?tid=331679 https://cc.adventist.org/forums/business/showthread.php?tid=119665 https://audiosellerz.com/forums/show