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TechCrunch+ roundup: SaaS burn multiples, 8 fintech VCs spill the tea, all my apes gone

TechCrunch

Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. Image Credits: MicroStockHub (opens in a new window) / Getty Images. Image Credits: PM Images (opens in a new window) / Getty Images. Image Credits: Alto Pharmacy (opens in a new window). Nik Milanovic, general partner, the Fintech Fund.

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Daily Crunch: App Store reviews and social media depict user backlash against Snapchat’s new AI chatbot

TechCrunch

Sarah writes that the social media giant is seeing a spike in one-star reviews, which include calling for its removal. In essence, Auto-GPT uses the versatility of OpenAI’s latest AI models to interact with software and services online, allowing it to “autonomously” perform tasks like X and Y. You can sign up here. Big Tech Inc.

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Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem

TechCrunch

Morton, who has also reviewed thousands of YC applications, shares his thoughts on when to submit an application, what to do if you miss the deadline and whether you’ll need to relocate if accepted. Use discount code ECFriday to save 20% off a one- or two-year subscription. Image Credits: Nigel Sussman (opens in a new window).

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Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

TechCrunch

Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. The shortage drives up labor costs across the industry, particularly in the residential sector, which traditionally sees higher attrition due to its more variable project demand. Allison Xu. Contributor.

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Data wants to disrupt your deal flow (again)

TechCrunch

No further due diligence? As history often reminds us , due diligence matters from a human perspective — and vetting a founder beyond their ability to attract talent can save firms from headaches or legal woes. “Our approach? This is our data set, let’s see if we can put money into them,” he said. No problem.

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Stripe eyes an exit over next 12 months

TechCrunch

Fintech startup Stripe has set a 12-month deadline for itself to go public, either through a direct listing, or pursuing a transaction on the private market, such as a fundraising event and a tender offer, according to sources familiar with the matter. Want more fintech news in your inbox? Guess that’s what it’s trying to figure out.

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TechCrunch+ roundup: Fintech investor survey, data-driven fundraising, VC scouting jobs

TechCrunch

The public markets may have cooled on fintechs in recent months, but for entrepreneurs who are still considering starting up, “outlook good,” says the Magic 8 Ball. To find out, fintech reporter Mary Ann Azevedo contacted several active fintech investors to hear their thoughts on the state of the market in Q1 2022.

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