Property management startup Doorstead raises $21.5M Series B • TechCrunch

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We made it to Friday! If you’re looking for a good podcast episode, I highly recommend Equity Today Natasha M, Mary Ann And Becca Talk about CES, NYE, SBF and FTX – oh my! Also, shout out to you Daily Crunchers out there for reading yesterday’s newsletter and helping make it one of today’s most read stories. It warms my heart and I hope today’s news is just as fascinating. without saying goodbye… – Christian

TechCrunch Top 3

  • Knock, knock, it’s guaranteed renters at the door: Property owners don’t always have peace of mind when renting out their spaces, but Doorstead believes his approach solves that problem. Mary Ann Reports on the company’s new $21.5 million in financing to not only tell you how much rent you can expect, but to make sure you always have a tenant for your rental property.
  • Credit noise: KreditBee, an Indian fintech business model for helping people get microloans, has raised more venture capital — $100 million, in fact — to value the company to nearly $700 million. Manish is writing.
  • Seeing is believing: Haji Reports on Lumos’ “work to make AR glasses slightly less bendy.”
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TechCrunch @ CES

If you liked the above on Lumus, then you’ll love what the TechCrunch team has in store for you today as they continue their coverage of the Consumer Electronics Show in Las Vegas. Two days left!

Many gadgets and tools:

Are record levels of dry powder causing a delayed explosion of startup investment?

Image credit: Tim Roberts/Getty Images

There’s a subtext to the wave of layoffs and Craigslist ads for discount office furniture: Tech investors have raised roughly $290 billion in dry powder.

“Despite the recession, strong cash supply and tailwinds for digital spending lead some market participants to believe we are in a strong investment cycle,” said Raphael Mocomillo and Pierre Bourdon at Picus Capital.

After they traced uninvested capital back to 2006, the pair found that “crises in the investment landscape are often followed by years of systematically outperforming returns, and history has a way of repeating itself.”

Three more from the TC+ team:

TechCrunch+ It’s our membership program that helps founders and startup teams get ahead of the curve. You can register here. Use code “DC” for 15% off annual subscription!

Big technology company

If you use Snap desktop camera to create a fun filter during video calls, say goodbye to it now. Porch It reports that Snap will shut down the camera app on January 25 to focus on the Camera Kit for Web feature. He also notes that there could be more behind the move, writing, “Snap’s camera app shutdown — first spotted by The Verge — isn’t entirely surprising. Last year, it cut 20 percent of its staff and shut down its drone product months after it first launched.

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And we have five more for you:

  • We are cutting prices left and right: Matt It reports that Tesla has cut the price of its Model 3 and Model Y in China for the second time in three months.
  • Plagiarism In the world of artificial intelligence: If you were in school in the late 1990s or early 2000s, you may remember your teacher telling you not to use the Internet because it was full of misinformation. Well, technology has come a long way, and even longer now that ChatGPT is a thing. Amid news that New York City public schools are blocking ChatGPT, OpenAI says it’s working on “mitigations” to help recognize text generated by ChatGPT. Kyle reports.
  • TikTok, time to go to bed: We’ve heard of alarms that wake you up, but the phone screen was supposed to keep you engaged when you should be sleeping. “No problem,” says TikTok, which is testing a “sleep reminder” feature that will wake you up while you sleep. Aisha is writing. And that’s not all – he also reports that TikTok now has video cleaning thumbnails to make it easier to find specific parts of videos.
  • That’s enough to get you to Twitch: Website and app outages happen all the time, but when amanda Seeing this happen to Twitch for the second time in a week, he decided to get to the bottom of it.
  • Samsung does not sing happy songs: kit Reports on Samsung’s preliminary estimates for its quarterly profit don’t look good. The maker of memory chips and phones said quarterly profit fell to an eight-year low amid weak demand for its products.
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