TikTok goes silent | Newsletter

VCs sit on $311B in unspent funds, government agencies hire AI chief officers, drones unearth deep mysteries, Seattle bans batteries from the bin, tiny satellites take to the skies, and last year’s hottest companies in consumer tech are still hiring.


Our weekly tech newsletter. Subscribe today on our blog.


Wellfound10of10

Quick Hits


60/40: Twitch bumps creator pay.


AI unicorn: India’s Krutrim hits $1B.


Alt apps: Apple to allow sideloading.


Content crackdown: X hires moderators.


Crypto confiscation: Germany seizes $2.1B.


Dev bot bout: Llama vs. Gemini vs. GPT-4.


Gaming layoffs: Microsoft lays off 2k.


Ground control: Astronaut commands bots.


Mind meld: Neuralink implants first chip.


Muscle machine: Biohybrid robot debuts.


Overnighters: Musk mandates line beds.


Space truck: NASA sends cargo to ISS.


Tesla (hearts) NY: Dojo arrives in Buffalo.


Winding back: Fossil quits smartwatches.

Group 206

TikTok goes silent


TikTok videos fell silent this week with warnings like “This sound isn’t available” and “Sound removed due to copyright restrictions” after a squabble with Taylor Swift’s record label, Universal, over AI-generated music.

VCs sit on $311B in dry powder


Flush VCs, reluctant to bet big on shiny new objects amid valuation drops, hoard $311B in dry powder, . “It’s not like the world is going to be flooded with VC money again,” one VC says.

Drones unearth deep mysteries


South Carolina's Deep Sea Vision might have located Amelia Earhart's plane from her historic 1937 flight across the Pacific. In recent years underwater drones have helped discover a hidden mountain off of California, Ernest Shackleton's ship, dinosaur bones, and, yes, trrreasure.

Beginning of the end of batteries?


You can’t throw away disposable batteries in the trash in Seattle any more. The good news: Scientists are developing new types of batteries using metamaterials that run on sound waves.

Cash prizes level up gaming


Volcano Diver launched a platform for streaming skill-based games with real money rewards, as hybrid digital/real worlds continue permeating entertainment.

Tiny satellites take to skies


Tomorrow.io’s keg-sized, ML-powered satellites deliver hyperlocal weather predictions on par with NASA’s heavy duty system.

Tracking symptoms, not steps


Visible’s health tracker wants to know if you’re feeling things like fatigue or nausea on a regular basis, so it can alert you to signs of illness.

Poll of the week


Poll

Recently Funded

  • Delaware's Bitflow Labs Gets $1.3M for Decentralized Exchange
  • NYC's Alinea Invest Raises $3.4M for AI Wealth Management App
  • Loric Games Secures $4M for Upcoming Game
  • PlayGreen Lands $6M for Latin America Sports Betting
  • Los Angeles' Haven Energy Gets $7M for Home Battery Systems
  • Airfocus Raises $7.5M for Project Management Software
  • Pasadena's Captura Nabs $21.5M for Direct Ocean CO2 Capture
  • Portal Secures $34M for Decentralized Bitcoin Exchange
  • Codeium Gets $65M for Developer AI Toolkit

Post of the Week


Tweet

What We’re Reading


What Did It Take To Raise A Series A Round In 2023? (Crunchbase)


To Keep Gen Z, Companies Need to Level Up (Wired)


A.I. Should Be a Tool, Not a Curse, for the Future of Work (NYT)


Yes, the tech layoff surge you are feeling is real (TechCrunch)


Developer experience is more important than developer productivity (TechCrunch)

Podcasts of the Week


Evolving Recruitment Strategies for 2024 (Back to Work)


Grwth.co’s Founder Mosheh Poltorak: Product-Market Fit as a Journey, Not a Destination (Midstage Startup Momentum)

Startups Hiring Now


VSCO: Take your photography to the next level | 3 open roles


EarnIn: Make financial momentum accessible to everyone | 29 open roles


PermitFlow: Fast, Easy Construction Permitting | 15 open roles


Help us spread the word: we'll pay you $200 for every friend you get hired through Wellfound!

Put this advice to work

Browse startup jobs, or post a role and start meeting candidates today.

Browse startup jobs Join Wellfound