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Daily Crunch: Apple releases public beta of iOS 14


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This is your opportunity to get a glimpse of the future of iOS u2014 and iPadOS. Apple just released the first public beta of iOS 14 and iPadOS 14, the next major version of the operating systems for the iPhone and iPad. Unlike developer betas, everyone can download these betas without a $99 developer account. 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He has written over 2,500 articles on technology and tech startups and has established himself as an influential voice on the European tech scene. He has a deep background in startups, privacy, blockchain, security, fintech, mobile, social and media.nn

With eight years of experience at TechCrunch, heu2019s one of the familiar faces of the tech publication that obsessively covers Silicon Valley and the tech industry. In fact, his career started at TechCrunch when he was 21. Based in Paris, many people in the tech ecosystem consider him as the most knowledgeable tech journalist in town.nn

Romain likes to spot important startups before anyone else. He was the first person to cover N26, Revolut and DigitalOcean. He has written scoops on large acquisitions from Apple, Microsoft and Snap.nn

When heu2019s not writing, Romain is also a developer u2014 he understands how the tech behind the tech works. He also has a deep historical knowledge of the computer industry for the past 50 years. He knows how to connect the dots between innovations and the effect on the fabric of our society.nn

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Romain Dillet is a Senior Writer at TechCrunch.nn

He has written over 2,500 articles on technology and tech startups and has established himself as an influential voice on the European tech scene. He has a deep background in startups, privacy, blockchain, security, fintech, mobile, social and media.nn

With eight years of experience at TechCrunch, heu2019s one of the familiar faces of the tech publication that obsessively covers Silicon Valley and the tech industry. In fact, his career started at TechCrunch when he was 21. Based in Paris, many people in the tech ecosystem consider him as the most knowledgeable tech journalist in town.nn

Romain likes to spot important startups before anyone else. He was the first person to cover N26, Revolut and DigitalOcean. He has written scoops on large acquisitions from Apple, Microsoft and Snap.nn

When heu2019s not writing, Romain is also a developer u2014 he understands how the tech behind the tech works. He also has a deep historical knowledge of the computer industry for the past 50 years. He knows how to connect the dots between innovations and the effect on the fabric of our society.nn

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are cutting checks remotely, but deal volume could be slowing”,”content”:{“rendered”:”

When COVID-19 began to shutter the United States economy, startups jumped into cost-cutting mode as expectations rose that venture capital was about to get a heck of a lot harder to raise. After all, prior downturns in the broader economy, and tech sector in particular, had taken a bite out of the ability for startups to attract new funds.n

PitchBook research shows that, in the wake of the 2008 financial crisis, the amount of money venture capitalists invested fell, with early-stage deal and dollar volume enduring the largest cuts. Late-stage valuations during the same period came under steep pressure. The connection between a slipping economy and a rapidly deteriorating venture capital market, therefore, seems strong.n


n

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, and now you can receive it in your inbox. Sign up for The Exchange newsletter, which drops every Friday starting July 24.n


n

The historically grounded feeling from startups in Q2, as the stock market sold off and unemployment rose, was one of concern: VCs were about to cut their deal pace, and the number of dollars that they were willing to put into each deal would likely fall as well. That investors would need to shake up their process and do deals remotely was not confidence inspiring.n

""We don’t have full Q2 VC numbers yet, so it’s too soon to say that Q2 was worse or better than expectations. But what we can say, thanks to a new surveyu00a0from OMERS Ventures, is that VCs moved with reasonable speed to get over the technology and cultural hurdle of remote deal-making to keep the checks flowing. Indeed, according to OMERS Ventures’ research, 69% of the VCs it surveyed in June were willing to do fully remote deals; for startups worried that the venture class was simply going to pack up its checkbook and take an extended vacation, it’s good news.n

But the news isn’t all rosy — most VC firms from the 150 in North America and Europe that the venture group surveyed have yet to actually execute a remote deal. And, there’s some indication that overall deal volume could be slowing, perhaps due to “dwindling supply of companies formally going to market,” according to OMERS Ventures’ Damien Steel, a managing partner.n

This morning let’s examine which VCs have been the most active, and the least, to find out which types of firms are still investing, and where investors are seeing more deal flow, and less.n

Remote deals, fewer dealsn

Most VCs have decided that remote deal-making is, at minimum, something that they need to become accustomed to. Only 4% of surveyed VCs said that they would not do remote deals, full-stop. Another 23% said that they were fine with remote deals, albeit with some ability to meet entrepreneurs in person.



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