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TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

Then again, I’m not a developer, so I didn’t truly appreciate the value of mobile gaming, GPS and cloud storage until they’d achieved product-market fit and were integrated into my smartphone. 8 questions to answer before your startup faces technical due diligence.

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Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. According to a study of 700 venture capital firms , a typical deal once took 83 days to complete. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. The assumption was often that someone else had already done the diligence.

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Due diligence is ever more critical as the battle for cloud sovereignty intensifies

CIO

IT executives should therefore take this news as a noteworthy case study to fuel the decisions of their cloud choice, as regulatory requirements concerning data sovereignty are much more complex and niche to comply with than GDRP. The EU wants a fair market and a protected European cloud without compromising cloud functionality.

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Daily Crunch: After glitch causes a two-hour global outage, WhatsApp restores service

TechCrunch

Overheard at a VC/startup conference recently: Product market fit is like a product going around from weirdly shaped customer group to weirdly shaped customer group, like that old kid’s book “ Are you my mommy? 8 questions to answer before your startup faces technical due diligence. Big Tech Inc.

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6 most underhyped technologies in IT — plus one that’s not dead yet

CIO

Generative AI and, more specifically, ChatGPT captivated the corporate world in 2023, with board directors, CEOs, and other executives fawning (and sometimes fearing) the technology. Their enthusiasm is justified, with multiple studies finding that AI is delivering strong value and returns on investment. We think so.

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Exposure to new workplace technologies linked to lower quality of life

CIO

Exposure to new technologies such as trackers, robots, and AI software in the workplace work is linked with lower quality of life for workers, a UK study has found. Fewer than 25% of those surveyed frequently used these emerging technologies, with 20.2% using wearables, 20.8% AI software, and 23.7%

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Due diligence is Ever More Critical as the Battle for Cloud Sovereignty Intensifies

CIO

IT executives should therefore take this news as a noteworthy case study to fuel the decisions of their cloud choice, as regulatory requirements concerning data sovereignty are much more complex and niche to comply with than GDRP. The EU wants a fair market and a protected European cloud without compromising cloud functionality.