Skip to main content

Tech: Musk's 'recipe for disaster'

The biggest tech news and scoops.
View in browser
INSIDER
Subscribe

10 THINGS IN TECH

Top of the morning, tech readers! I'm Jordan Parker Erb, worn out from a long weekend of holiday fun.

Like yesterday, we're continuing with some of the year's best stories from our VC and startups team. In addition to the day's top stories, we'll be talking about the best early-stage investors of 2022, as well as dozens of the most promising tech startups of the year.

We've got lots to look back on today, so let's get into it.


If this was forwarded to you, sign up here. Download Insider's app here.


Elon Musk attends The 2022 Met Gala Celebrating

1. Elon Musk is surrounded by yes-men, and experts say it's a recipe for disaster. "It's the classic scenario where the emperor has no clothes but everybody's too afraid to tell him," a management professor said. Why it's difficult to "speak truth to power."

2. If you buy an EV by March, you'll have a better chance of saving the full $7,500 on your taxes. That's because the Treasury Department recently delayed the implementation of a rule that could make many cars ineligible for the full credit. Here's what you want to know.

3. Meet social-media's new generation of leaders. After another record year for the creator economy, the industry is brimming with new talent. From power players at Meta, Discord, and LinkedIn, to founders and cofounders of innovative new companies, check out Insider's list of rising stars

4. Founders shared how they survived this year's bursting VC funding bubble. After an era of record venture capital funding and new unicorns minted by the dozen each week, this year brought a harsh reality to startups. Insider spoke with six founders about how they've handled the abrupt switch from market exuberance to economic caution. Here's what they said. 

5. Tired of seeing the same photo of Caroline Ellison? We asked a robot to make some new ones for the holidays. Images of the former Alameda Research CEO — who pleaded guilty to charges that carry up to 110 years in prison — are hard to find. So here's a robot's vision of the fallen crypto queen. 

The top VC and startups stories of 2022:

Rebecca Kaden, Aaron Holiday, Edith Yeung, and Jules Miller on a blue background

6. Former Amazon leaders have infiltrated the tech industry. Leadership coaches say that's not always a good thing. With over 650 startups founded by former Amazon employees and swaths of alumni joining C-suites, Amazon-trained leaders — known as "Jeff Bots" — are bringing founder Jeff Bezos' metrics-focused style to businesses across the globe. Inside the rise of the "Jeff Bots."

7. We outlined the best early-stage investors of 2022. Thanks to data analysis from Tribe Capital, we were able to identify the seed-stage investors who have the skills it takes to succeed year after year. Meet the Seed 100.

8. After dominating the VC industry last year, crossover funds spent 2022 pulling back. Firms like Tiger Global and Coatue, which whipped the venture-capital industry into a dealmaking frenzy in 2021, slammed on the brakes this year. Traditional VCs argue that these funds misunderstood the true nature of venture investment — and now they're "licking their wounds."

9. It's time for Apple to talk to Android. For years, customers have been complaining about iPhone/Android texting problems — but when asked to fix iPhone's issues texting Android, Tim Cook brushed it off with a flippant comment. Here's how Apple could fix texting.

10. These are 460 of the most promising startups of 2022. We asked VCs to share their top picks for startups in edtech, fintech, crypto, cloud, proptech and more. They came back with an exciting list of dozens of startups that are destined for success. See their top picks here.


Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com) Edited by Hallam Bullock in London.

Powered By SailthrU

Comments

Popular Posts

The costs of Healey's budget cuts

Lisa Kashinsky and Kelly Garrity's must-read rundown of what's up on Beacon Hill and beyond. Jan 09, 2024 View in browser   By Kelly Garrity and Lisa Kashinsky MAKING ENDS MEET — Gov. Maura Healey’s plan to slash $375 million from the state budget to help plug a $1 billion revenue hole came as something of a surprise after she initially said she had no plans to scale back spending. But some budget watchers say the move to control costs was inevitable — and that the governor...

📷 Zaib Khan added a new photo

  See the photo that he shared.           Facebook                 📷 Zaib Khan added a new photo. 16 October at 20:23   View Photo       Abdul Karim Jam likes this.             This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these emails from Facebook in the future, please unsubscribe . Facebook, Inc., Attention: Community Support, 1 Facebook Way, Menlo Park, CA 94025         To help keep your account secure, please don't forward this email. Learn more.      

U.S. Cyber Command and NSA partner to shield midterms from hackers / Global ransomware damages set to exceed $30B / India's newest airline could have leaked customer data

Plus: Microsoft Azure Virtual Machines have suffered an outage Inside.com Part of   Network August 30, 2022 Presented by The U.S. Cyber Command has partnered with the NSA to shield midterm elections from hackers. The two federal agencies made the announcement in a joint statement. More: The two agencies have  created a joint task force named the Election Security Group. Officials from the NSA and U.S. Cyber Command have stated that the group comprises the best team members that the two agencies have. ESG will receive and share information with other domestic and international authorities to ensure it achieves its goal of protecting the midterm elections from foreign threat actors. The task force will also help U.S. allies to protect their electoral campaigns from actors that want to undermine them. Zoom Out: CISA has collaborated ...

Q&A: Bergman on pushing the FDA on psychedelics

The ideas and innovators shaping health care Aug 08, 2024 View in browser   By Ruth Reader , Erin Schumaker , Daniel Payne , Toni Odejimi and Carmen Paun WASHINGTON WATCH Bergman | Francis Chung/POLITICO ...

8 Best Diabetes-Friendly Meal Delivery Services in 2024

Plus: Identifying and Treating Diabetes Joint Pain ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌   ...

📷 MD Monir Ambulance added a new photo

        📷 MD Monir Ambulance added a new photo. 12 April at 17:59   View Photo               Facebook                 📷 MD Monir Ambulance added a new photo. 12 April at 17:59   View Photo               This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these emails from Facebook in the future, please unsubscribe . Facebook, Inc., Attention: Community Support, 1 Facebook Way, Menlo Park, CA 94025         To help keep your account secure, please don't forward this email. Learn more.      

Sabir Khan wants to be friends on Facebook

  1 mutual friend - Works at Facebook - Islamia University - Bahawalpur - 2,123 friends - 5 photos - 7 groups           Facebook             Sabir Khan wants to be friends with you on Facebook.   Sabir Khan Works at Facebook · Islamia University · Bahawalpur 1 mutual friend · 2,123 friends · 5 photos · 7 groups               Confirm request     See all requests             This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these emails from Facebook in the future, please unsubscribe . Facebook, Inc., Attention: Community Support, 1 Facebook Way, Menlo Park, CA 94025         To help keep your account secure, please don't forward this email. Learn more.      

Spectrum Equity closes $2B fund

Plus, Audacity launches $60M fund Inside.com Part of   Network July 28, 2022 Presented by Spectrum Equity, an investment company based in Boston, has closed its new fund valued at $2B . The fund will be officially named Spectrum Equity X, L.P. More: The firm received funds from previous investors as well as first-time outside investors. Spectrum focuses on backing internet-based companies that aim to disrupt a number of different verticals such as education, financial services, healthcare, and logistics.  Founded in 1993, the company manages $8B in assets, while its average equity investment is $25M-$150M. Audacity has launched a new $60M fund. The India-based VC firm will focus on media tech companies that are raising their Series A round. More: Besides media tech, the firm will also focus on SaaS, g...

A 2022 recap of platform updates and new tools

Startups that raised funding in 2022 Inside.com Part of   Network December 28, 2022 Presented by Android and Apple updates announced in 2022:  Google introduced a pilot program with Spotify to explore user choice billing.  Google released Android 13 (Go edition) with improvements to user experience and technical functionalities.  Android 13 for TV was made available to developers on ADT-3 and the Android TV emulator.  Google announced memory safety vulnerabilities in Android dropped after announcing support for Rust last year.  Google shared its plans to launch the beta version of Privacy Sandbox for Android early next year.  Apple announced changes to its pricing structure, offering developers 700 additional price points and pricing tools.  Apple allowed reader apps to provide in-app links to alternative payment methods. In Apr...

Changes to Google’s end user-facing Terms of Service

Changes to our end user-facing Terms of Service effective March 31, 2020. Hello Administrator, We're writing to let you know about changes in our end user-facing Terms of Service (Terms) that may affect users in your domain. These changes do not impact the terms that govern the agreement between Google and your organization. If you have disabled Google Additional Services for users in your domain, these changes will not impact them. What's Changing? We're improving our Terms and making them easier to understand. The changes will take effect on March 31, 2020, and they won't impact the way your end users use Google services. As the United Kingdom (UK) is leaving the European Union (EU), Google LLC will be the service provider for end users in your domain that are based in the UK. Google LLC will be responsible for all user information and data in Additional Services, and for complying with applicable privacy laws. For more detail...