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Achieving $1M in ARR: The Secrets Revealed by Glasswing’s Rudina Seseri at TechCrunch Early Stage 2024

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Interactive TC Early Stage sessions provide plenty of time to engage and ask questions. She has 19 years of investing and operational experience in high-growth companies in IT software, cloud and enterprise SaaS. TechCrunch Early Stage 2024 takes place on April 25, 2024, in Boston. Buy a TC Early Stage pass now, save up to $300* — and join us in Boston! Is your company interested in sponsoring or exhibiting at TC Early Stage 2024?

– “Carta to Shift Focus: Prioritizing Trust by Exiting Secondaries Business”

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The big idea was to become the transfer agent, brokerage and clearinghouse for all private stock transactions in the world. While the move made Carta more valuable in the eyes of its venture backers — a company has to scale after all! In his post tonight, Ward downplayed the impacts of ending secondary trading on Carta, saying the revenue derived from the practice is minuscule compared with Carta’s other business offerings. Striking a humble tone, Ward wrote that “ALL of my ideas around liquidity — auctions, investor matching, secondary trading, open tender offers, have not worked. Many people think we are best poised to solve liquidity because we have cap table data.

Suspected Ransomware Attack Targets LoanDepot

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When reached by email, LoanDepot spokesperson Jonathan Fine reiterated the company’s statement, but declined to comment further or say whether the company has received a ransom demand from the hackers. LoanDepot says it assists more than 27,000 customers monthly. A November ransomware attack on Fidelity National Financial, one of the largest insurance providers in the United States, knocked the company offline for more than a week. In December, mortgage and loan company Mr. Cooper said hackers had stolen the personal data on more than 14 million customers during an earlier October cyberattack. You can contact Zack Whittaker on Signal and WhatsApp at +1 646-755-8849, or by email.

“Revving Up for CES 2024: Superpedestrian’s E-Scooters on the Auction Block, Fisker Faces Sales Struggle”

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CES 2024 or bust, Superpedestrian e-scooters hit the auction block and Fisker struggles to meet sales goalsThe Station is a weekly newsletter dedicated to all things transportation. I appreciated a bit of rest and recovery, just in time for CES 2024. The Big Three U.S. automakers (Ford, GM and Stellantis) won’t have big splashy displays and announcements as in past years. However, there will be plenty of automotive, and more broadly, transportation companies and startups in attendance. Shell Ventures, InMotion Ventures, Porsche Ventures, and Revo Capital also participated.

Data Breach Hits Law Firm Specializing in Data Breach Cases

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An international law firm that works with companies affected by security incidents has experienced its own cyberattack that exposed the sensitive health information of hundreds of thousands of data breach victims. San Francisco-based Orrick, Herrington & Sutcliffe said last week that hackers stole the personal information and sensitive health data of more than 637,000 data breach victims from a file share on its network during an intrusion in March 2023. Orrick also said it notified health insurance company MultiPlan, behavioral health giant Beacon Health Options (now known as Carelon) and the U.S. Small Business Administration that their data was also compromised in Orrick’s data breach. The data also includes medical treatment and diagnosis information, insurance claims information — such as the date and costs of services — and healthcare insurance numbers and provider details. The number of individuals known to be affected by this data breach has risen by threefold since Orrick first disclosed the incident.

“Valuable Valley Investors Take Aim at Unconventional Target: Reducing Methane Emissions from Cow Burps”

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In the fight against Methane, a key GHG, Valley investors have hit upon an unusual target: Cow burpsWhat do iconic Valley investors Zachary Bogue and Chris Sacca have in common? And one of the bigger issues at the most recent COP meeting was a pledge to reduce methane emissions, which are growing rapidly. And a major UN report said “urgent steps” are necessary to reduce methane if global warming is to be kept within a manageable limit. Mootral says its current Ruminant supplement can reduce methane emissions from dairy cows by up to 38 percent on commercial farms. CH4 Global — which is backed by the aforementiioned Zachary Bogue of DCVC — employs seaweed in cow feed to reduce their methane emissions.

The Expensive Investment: Automattic’s $50 Million Purchase of Texts.com

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You may recall that Automattic bought all-in-one messaging app Texts.com for $50 million back in October. Well, we had questions, not just about the deal, but also the state of the written word online. So, we brought on Matt Mullenweg, the CEO of Automattic and co-founder of WordPress, along with Kishan Bagaria, the founder of Texts.com., to talk about the transaction and what it means. A few notes before you hit play: First, Automattic is more acquisitive than you’d expect. Alright, sit back, hit play, and have some fun with us!