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TechCrunch+ roundup: Pricing strategy, technical due diligence, pitch deck appendix fever

TechCrunch

“The principles are basic, but it’s easy for founding teams to miss details that matter,” he says. CEO and co-founder Puneet Gupta has shared his seven-step plan for developing usage-based pricing models. 7 ways investors can gain clarity while conducting technical due diligence. Senior Editor, TechCrunch+.

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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO

The widespread disruption caused by the recent CrowdStrike software glitch, which led to a global outage of Windows systems, has sent shockwaves through the IT community. Organizations and CISOs must review their cloud strategies, and the automatic updating of patches should be discouraged.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

Biotech 242
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Use radical objectivity to create and retain an inclusive workforce

TechCrunch

Recent research by McKinsey shows that organizations with the most ethnically diverse teams are 36% more likely to financially outperform those with the least. ” Diversity is not a numbers game wherein the solution is to merely increase the numbers of traditionally underrepresented groups in your workforce. Rewiring the system.

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Daily Crunch: In ‘an early experimental program,’ OpenAI opens waitlist for GPT Professional

TechCrunch

domestic flights were grounded when one of its key systems went down, Darrell reports. More companies are developing AI technology to help humans communicate, and DeepL, an AI-based language translator for businesses, is the latest to reap the benefits of investor hunger for companies like this. What did you say? You can sign up here.

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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. Ozow’s clients include leading enterprise companies, such as MTN, Vodacom, Shoprite Group, Takealot and Uber. Faster deals, less diligence: The African startup market mirrors its larger rivals.

Banking 269
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What you need to know about Okta’s security breach

CIO

On October 20, 2023, Okta Security identified adversarial activity that used a stolen credential to gain access to the company’s support case management system. Once inside the system, the hacker gained access to files uploaded by Okta customers using valid session tokens from recent support cases.