Notable Capital’s Hans Tung on the state of VC and the upside to down roundsTo some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung.
Hans is a managing partner at Notable Capital, formerly GGV Capital, a venture firm focusing on investments in the U.S., Latin America, Israel, and Europe.
Hans, whose portfolio includes the likes of Airbnb, StockX and Slack, sat down with TechCrunch’s Equity podcast to discuss the overall state of venture and why he still believes down rounds can make a lot of sense.
Of course, we dug into recent changes at his own firm, which evolved from 24-year-old cross-border firm GGV Capital and rebranded its U.S. and Asia operations to Notable Capital and Granite Asia, respectively.
GGV’s transformation is the latest in a string of changes we’ve seen in the world of venture capital, including personnel changes at Founders Fund, Benchmark and Thrive Capital.
Apple’s stance on the right to repair has now become more accommodative, with the company now supporting used parts for iPhone 15 repairs that can include the camera, display, and battery.
While Apple’s move is welcome to many, it does answer a series of questions: If your iPhone breaks, should you have the right to fix it?
If you want to fix your iPhone, should you be able to do that yourself, or be forced to go to the manufacturer?
And if you are going to fix your iPhone yourself — or pay a third-party to help — should you be able to use whatever parts will work?
Apple pushed back vocally against criticism of parts pairing, and has recently backed laws in several states that enshrine consumer repair options.
Apple updated its App Store rules Friday to allow emulators for retro console games globally with an option for downloading titles.
Apple’s update will probably encourage some of those developers to bring their emulators to the App Store.
With Apple having to tweak App Store rules because of regulations, these kinds of games would provide another revenue stream for the company.
Plus, it updated App Store rules at that time to support in-app purchases for mini-games and AI chatbots.
“Apps may offer certain software that is not embedded in the binary, specifically HTML5 mini apps and mini-games, streaming games, chatbots, and plug-ins.
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, where we dig into the weekend and take a peek at the week that is to come.
We’ll talk more about Wednesday, but this is Y Combinator Demo Day week, so expect a deluge of startup news.
On the podcast today we dug into the latest news from Discord that indicates it is moving towards opening its gates for advertisements.
Equity is TechCrunch’s flagship podcast and posts every Monday, Wednesday and Friday, and you can subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
Oregon Governor Tina Kotek on Tuesday signed Senate Bill 1596 into law, joining California, Colorado, Maine, Massachusetts and Minnesota in a growing list of states embracing a right to repair for citizens.
The bill’s coauthors Janeen Sollman and Representative Courtney Neron took inspiration from California’s Senate Bill 244, which passed toward the tail end of 2023.
The iPhone maker, which had previously issued an unprecedented open letter in favor of the California bill, has said that it is mostly in favor of Oregon’s bill, with the above caveat.
We entertained many of the changes that Apple brought forward that are in the California bill.
“By eliminating manufacturer restrictions, the Right to Repair will make it easier for Oregonians to keep their personal electronics running.
Waze is adding a few new features that will help users navigate tricky roundabouts, get alerts when a speed limit is about to change and get warnings about speed bumps and sharp curves.
The new feature is rolling out globally to Android users this month and iOS users later this year.
Users will start to see alerts when a speed limit is about change along their route, giving them more time to adjust their speed.
This update is rolling out globally to all Android and iOS users this month.
These alerts are rolling out now globally to all Android and iOS users this month.
Google has trailed another bundle of product tweaks ahead of Thursday’s deadline for compliance with the European Union’s Digital Markets Act (DMA).
Google’s blog post further notes that users “may” see “new consent banners asking them whether they would like to link their Google services“.
The adtech giant is the DMA gatekeeper with by far the largest number of regulated platforms — eight in total; namely: Google Maps, Google Play, Google Shopping, Google Ads, Chrome, Android, Google Search and YouTube.
Elsewhere on data for ads, Google appear to be relying on its advertisers to keep a pipeline of targetable user data flowing through its ad engines.
Some of what Google is trailing in today’s blog post also appears to be re-announcing changes previously announced and/or launched in recent weeks.
YouTube is changing the design for creators’ channels on the big screen, the comapny announced today.
The update is rolling out to all creators today, but may take a few weeks to appear to all viewers, the comapny told TechCrunch.
The changes impact the channel pages on TV only, it noted.
Creators will likely respond positively to changes that help boost their subscriber numbers and better showcase their content on the big screen.
The company is in competition with traditional TV and streamers like Netflix on TVs, but also with newcomers like TikTok, which launched its own TV app in late 2021.
Apple last week announced new rules for EU app developers to comply with new regulation, the Digital Markets Act (DMA).
Developer responses to the changes have been mixed, as several larger companies, including Epic Games, Spotify and more recently Microsoft, have come out against Apple’s changes, which seemed designed to ensure that Apple’s ability to profit from iPhone apps continues, regardless of how they’re discovered and installed.
This fee applies to apps both distributed on the App Store and through alternative marketplaces and is €0.50 for each first annual install per year over a 1 million threshold.
After digging through the documents Apple provided and speaking to the company, there are a few caveats and details to these rules that developers should know.
We’re compiling them below as a starting point and will add to this list over time as we learn more.
Apple last week announced new rules for EU app developers to comply with new regulation, the Digital Markets Act (DMA).
Meanwhile, the company is implementing a Core Technology Fee that Apple says pays for their access to Apple’s proprietary technologies and tools, developer services and support, and platform integrity.
This fee applies to apps both distributed on the App Store and through alternative marketplaces and is €0.50 for each first annual install per year over a 1 million threshold.
After digging through the documents Apple provided and speaking to the company, there are a few caveats and details to these rules that developers should know.
We’re compiling them below as a starting point and will add to this list over time as we learn more.
