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8 questions to answer before your startup faces technical due diligence

TechCrunch

Will your organization and your code pass technical due diligence when it’s your turn? Let’s start with the positives: If an investor is proceeding with technical due diligence (TDD), you’ll likely pass. Here’s the not-so-good news: Companies can pass the business test, but fail TDD.

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Case in point: taking stock of the CrowdStrike outages

CIO

Last summer, a faulty CrowdStrike software update took down millions of computers, caused billions in damages, and underscored that companies are still not able to manage third-party risks, or respond quickly and efficiently to disruptions. Its worth doing that extra step of diligence because it can save you problems down the road, she says.

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Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

Use discount code ECFriday to save 20% off a one- or two-year subscription. Expensify may be the most ambitious software company ever to mostly abandon the Bay Area as the center of its operations. Expensify may be the most ambitious software company ever to mostly abandon the Bay Area as the center of its operations.

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Payments remain the darling of the fintech space

TechCrunch

Either way, let’s hope 2023 brings with it greater due diligence, less ego and more viable business models. On outage tracker DownDetector.com, irate customers reported missing funds and unexpected negative balances due to problems with the digital payment network.” announced] the launch of its insurance arm.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets. billion or $11.7

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Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more

TechCrunch

Use discount code ECFriday to save 20% off a one- or two-year subscription. Part 2: How Klaviyo used data and no-code to transform owned marketing. Micromobility’s next big business is software, not vehicles. Micromobility’s next big business is software, not vehicles. The Klaviyo EC-1. Scale quicker. Scale cheaper.

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6 best practices for better vendor management

CIO

To build a stronger relationship with vendors, “CIOs should bring them into the fold regarding their priorities and potential concerns about what may —or may not — lie ahead, from a regulatory perspective or the general economic climate, for example,” says Kevin Beasley, CIO at VAI, a midmarket ERP software developer. “A