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Daily Crunch: Better com CEO Vishal Garg says he’s on the hook for $750M SoftBank 5/14/2022
Daily Crunch: Better.com CEO Vishal Garg says he s on the hook for $750M SoftBank 5/14/2022
loan (https://techcrunch.com/2022/05/13/daily-crunch-better-com-ceo-vishal-garg-
says-hes-on-the-hook-for-750m-softbank-loan/)
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech
and venture capital news in a single package.

48 hours left to save $200 on TC Sessions: Mobility 5/14/2022

(https://techcrunch.com/2022/05/13/48-hours-left-to-save-200-on-tc-sessions-
mobility/)
Attention mobility startups, professionals, investors and enthusiasts! You have just 48 hours
remaining to save $200 on TC Sessions: Mobility 2022, our rst in-person mobility event
since 2019. The event takes place on May 18-19 in San Mateo, California with online analyst
commentary on May 20. It’s the must-see mobility event of the year, and […]

To win insurtech 2.0, focus on underwriting before growth 5/14/2022

(https://techcrunch.com/2022/05/13/to-win-insurtech-2-0-focus-on-underwriting-
before-growth/)
Focusing on customer experience on the front end leads to rapid growth indeed, but failing
to focus on underwriting on the back end can lead to a very large number of claims, very
quickly.

TechCrunch+ roundup: Find your valuation, international visas, hiring for growth 5/13/2022
(https://techcrunch.com/2022/05/13/techcrunch-roundup- nding-your-valuation-
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If your face doesn't appear on the team slide in your company's pitch deck, this would be a
good time to cancel your upcoming vacation. And maybe one of your subscription boxes.

Postmates founder banks $23 million for his new crypto startup TipTop 5/13/2022
(https://techcrunch.com/2022/05/13/postmates-founder-banks-23-million-for-his-
new-crypto-startup-tiptop/)
Postmates founder Bastian Lehmann’s new crypto startup TipTop was lightly teased out a
few weeks ago, but now the stealth startup is sharing some info on its early funding,
though there’s not much info on what they’re actually doing with that money. Lehmann
notes that the company has raised a $23 million Series A from […]

Investors reward battery startup SES for losing money (but not too much) 5/13/2022
(https://techcrunch.com/2022/05/13/investors-reward-battery-startup-ses-for-losing-
money-but-not-too-much/)
While R&D work continues on its lithium-metal technology, an increasing amount of SES'
cash is going toward building facilities in the ramp up to commercial production.

Better.com CEO Vishal Garg says he is ‘personally liable’ for $750M SoftBank loan 5/13/2022
(https://techcrunch.com/2022/05/13/better-com-ceo-vishal-garg-750m-cash-infusion-
from-softbank/)
Better.com CEO Vishal Garg has acknowledged to employees that he “personally
guaranteed” the $750 million cash infusion provided to the online mortgage lender last
November in an email seen by TechCrunch. Let’s start at the beginning. Last May,
Better.com announced that it was going public via a SPAC that would value the company
at nearly […]
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