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Happy Friday, our most crunchy friends!
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For the past few days, we’ve been telling you about all the cool things happening in Disrupt. Well, guess what – we’re even getting a hardware phase! Hardware headlines at Disrupt 2023…exciting times!
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The TechCrunch Top 3 You Hurdle-D It Here: Christine found music guessing games like Hurdle, Wordle too difficult, so she quit playing a while ago. However, it was a popular game with a lot of people, peaking in March 2022 at 69 million monthly desktop and mobile web visits. Now Sarah writes that less than a year after acquiring Hurdle, Spotify is shutting down the game. You’ve got six guesses as to why, but to the tune of tears on the internet. Speaking of closure: Parlour, the social media network that emerged when former President Donald Trump was banned from other sites, has a new owner. No, not this one, but Starboard, the digital media company. Oh, and Starboard plans to temporarily shut it down so it can be redesigned. Ayesha has more. Zoom will now see you: In a bid to boost its asynchronous offerings, Zoom is acquiring Ireland-based employee communication platform WorkVivo. Paul writes that Workvivo had a “remote-work revolution” on lock, which is probably what Zoom was attracted to. Startups and VC
James Murdoch’s venture fund Bodhi Tree slashed its planned investment in Viacom18 to $528 million, 70% below the committed $1.78 billion, both said late Thursday as a weakening global economy was reducing investor appetite. Manish Report. Viacom18, a joint venture between Mukesh Ambani’s Reliance and Paramount Global, did not say why Bodhi Tree reduced its pledged investment.
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Meanwhile, PBS and a handful of other news organizations have joined NPR in moving away from Twitter, the social media platform once synonymous with breaking news. Tailor Report. NPR announced it would be leaving the platform altogether last week after Twitter misleadingly attached a label reserved for state-run media entities to its account.
And we have five more for you:
4 SaaS Engagement Metrics That Attract Investors
Image credit: Tetra Mage (opens in a new window) / Getty Images
Past performance doesn’t always predict future results, but it’s the best place to start to find customer retention statistics that have investor appeal.
According to Oleksandr Yaroshenko, head of investments and strategy at edtech startup Headway, engagement rates for existing customers are “the best predictor for re-subscribing.”
In this post, he explores the Gamification strategy and shares ideas for creating a “Golden Cohort” that represents your target audience.
Three more from the TC+ team:
TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use the code “DC” for 15% off annual membership!
Big Tech Inc.
Would you like to read a 10,000 character tweet? Neither do we – oh wait, you said yes. Well, brace yourself because Twitter now offers 10,000-character-long tweets for Blue customers, reports Ivan, If you want to see what a 10,000 character tweet looks like, we got you, boo, How about a 10,000 character TechCrunch article? We’ve handpicked one from the archives for you.
Moving to Washington state, where Uber and Lyft drivers won paid family and medical leave. Rebecca writes that the state senate has passed a law that is the first in the country to provide this type of benefit for ride-hail drivers.
Now here are five more for you:
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