Daily Crunch: Better.com CEO Vishal Garg says he's on the hook for $750M SoftBank loan

Daily Crunch: Better.com CEO Vishal Garg says he's on the hook for $750M SoftBank loan

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It is Friday at 13, and I hope nothing bad has happened to you today. At least the weekend has arrived! At the very least, you can find the latest Terraform Labs news - Binance has stopped trading Luna and UST - as well as great podcasts from your favorite TechCrunchers. And be sure to secure your “seat” for our June 1 TechCrunch Live event in Columbus. See you on Monday! - Christine TechCrunch Top 3 If Elon doesn't buy Twitter, at least Snoop Dogg is ready to jump: This morning, Elon Musk wrote on Twitter that his proposed Twitter purchase was suspended while calculating the percentage of fraudulent accounts using the social media channel. Although he also wrote on Twitter that he was “willing to buy,” I was pleased to see Snoop Dogg post on Twitter his wish that he would probably run into it if Musk did not. His plan is therefore not evil, in fact. Dineout Eating: In other M&A online food ordering news, Swiggy said it gets Dineout, the Indian equivalent of OpenTable. This puts Swiggy fully in the restaurant industry, which has long been dominated by Zomato, whose market has dropped to nearly $ 5 billion. It also represents further integration within the larger market trying to make sense of the epidemic growth. Additional demolition: Natasha and Amanda were already busy last week receiving a lot of technical retrenchment, and unfortunately they have another list today that includes Section 4, Carvana and Latch. Even Meta is not vaccinated. Start and VC Hook: That's what Better.com CEO Vishal Garg has to say about the $ 750 million SoftBank loan. With Garg taking personal responsibility for debt, he is liable for any losses. However, the company may also be affected because any losses may require it to sell more of its Better.com assets, which could have a negative impact on stocks. It's still a mess no matter how you look at it. Dress indie brands: China's Body404 bet that the West will welcome the next generation of fashion designers who want to give them something other than just down the street. It has been claimed that the company is now estimated at $ 50 million after raising $ 50 million in March. Another interesting thing to note is that customers do not return clothing - Body404 return rate is almost 2%, far below the fashion industry average of 10%. Fun for a reason: Frank Reig, who owns Revel, a company that builds fast charging electric vehicles, teamed up with Rebecca to discuss the company's shift in moped sharing and the distance Revel went to drive to receive an electric car. . Watch and get paid: Our attention is important and is often drawn to different places. WeAre8 wants to reward you for doing what DVR has done for us for many years now - look at the ads. The company is led by marketing expert Sue Fennessy, who aims to withdraw advertising support from social media platforms such as Facebook and put it in a positive effort. The story continues Pitch Deck Teardown: Dutch Dec. $ 20M Series A Slide cover cover with beautiful dogs, name DUTCH, and covered TechCrunch Pitch Deck Teardown Photo Credits: Dutch As CEO and founder of the Dutch veterinary forum, Joe Spector originally intended to raise the $ 15 million A series, but his playground masterfully incorporated pictures of popular pets into market research and draw metrics, eventually closing the $ 20 million round. Cleverly, the Dutch desk tells a satisfying story of how the company used its seed support to launch the service within three months, establish product ownership, form a team, and expand from 12 provinces to 32, writes Haje Jan Kamps in the weekly Pitch. Deck Teardown. If you work on a deck and need encouragement, start here: All 17 slides are available for TC + members. (TechCrunch + is our membership program, which helps founders and startups to move forward. You can sign up here.) Big Tech Inc. Row, row, paddle your Peloton: All right folks, Peloton is trying to end a difficult week on a positive note by adding another paddle to the competitive rowing machine market. After selling my Peloton bike in 2019, this caught my attention as I found my love of rowing. I hope the price tag fits a little more in my budget than the bike did. Zoom gets its customer service day: Video communications giant finds AI chat company Solvvy in an effort to provide customer service information within the Zoom tool set. The company's shares are in the news, so it seems that Zoom has chosen wisely. Do not miss the news: