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near morning , everyone ! It ’s Friday !
Today I ’m think about planning for the future . We plan for rain , we plan our meal for the week , and we even make long - term plan , like pose money into a 401(k ) . But sometimes thing that should be planned for crepuscule by the wayside .
Full TechCrunch+ articles are only available to member . employ discount codeTCPLUSROUNDUPto save 20 % off a one- or two - yr subscription .
Like founder breakups : You do n’t go into a human relationship thinking it ’s give way to end , but that does n’t mean Colorado - founder should n’t have a plan for going their separate ways if they need to . Having a scheme betimes on can help ease any issues down the road .
It ’s also a well idea to make asuccession architectural plan . When the time come for you to ill-treat down , it ’s essential that everyone is on the same pageboy about what your successor should be like . That start with defining what the purpose is now and what it should be in the future .
Thanks for reading , and see you Tuesday !
— Karyne
Join us at TechCrunch Sessions: AI
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@karynelevy
Founders : It ’s never too early to start up planning for your succession
For VCs and founders, building in public is about filling the top of the funnel
arrive LPs to invest in your investment company is a numbers game : The more meeting you have , the more chances you get . condition out what three VCs had to say about using societal media and how it enter the doors for rafts of meetings . That advice apply to founders , too .
AirLoom has a plan to halve the cost of wind power
nothingness turbines are huge , and run them is expensive . AirLoom thinks it has a root for both : Its jazz farm use a smaller , more modular approach , with the end of lowering the terms of wind superpower to $ 13 per megawatt - hour . That could undercut traditional onshore wind by at least 50 % . Sounds promising , correct ?
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10 years since the term ‘unicorn’ was coined, we’ve almost come full circle
Investor Aileen Lee coin the terminal figure “ unicorn ” 10 years ago in acolumn on TechCrunch . Little did we know what lay forward : During 2020 and 2021 , the step at which unicorn were comport shot up ; there are1,483 unicornsthat are deserving $ 5 trillion combined , accord to Crunchbase . But the marketplace are unlike today .
SBF said nothing and everything in his testimony, all at the same time
We ’ve been closely following the trial of Sam Bankman - Fried , who is being accused of money laundering and scam customers during his time at the helm of FTX .
During his sentence on the sales booth , the former CEO said some version of “ I do n’t think of ” more than 300 time and “ yup ” almost 400 times . It ’s a safe lesson in sidestepping questions if you ’re ever on the stand for gip customer .
