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To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, <\/em>subscribe here<\/em><\/a>.<\/em><\/p>\n Okay, NOW<\/em> it\u2019s Friday. Got any fun plans for the long weekend? Haje is moving house (ugh), and Christine is browsing GIFs of puppies until her battery runs out. Probably.<\/p>\n Most people aren\u2019t straight-up racist, but it turns out unconscious biases sneak into our brains in all sorts of nasty, sneaky little ways. Stereotypes and prejudices exist, and being aware of yours is a good place to start working on. The Cornerstone Foundation has a free 30-minute course you can take to uncover and work on<\/a> them.<\/p>\n We hope you have a fine Monday and don\u2019t miss us too much while we are off for the holiday. Look for our return on Tuesday. \u2014\u00a0<\/em>Christine<\/a> and Haje<\/a><\/p>\n With so many fintechs laying off staff, it can be easy to assume that the entire industry is in distress, but that\u2019s not the case. In fact, some companies are finding opportunity in the masses of layoffs, Mary Ann<\/a> discovers. Here\u2019s who is hiring<\/a>. Meanwhile, Natasha M<\/a> and Alyssa<\/a> collected a comprehensive list of 2023 tech layoffs<\/a>.<\/p>\n The U.S. Securities and Exchange Commission has charged the collapsed blockchain firm and stablecoin operator Terraform Labs and its founder Do Kwon<\/a> with defrauding U.S. investors who purchased the digital assets Terra USD and Luna, Kate<\/a> reports.<\/p>\n And we have five more for you:<\/p>\n Image Credits:<\/strong> retrorocket (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n Early-stage investors don\u2019t closely manage the entrepreneurs they shower with cash, even when things go off the rails. And in some cases, they may not be able to exert much authority.<\/p>\n Assuming a VC makes an investment via a SAFE note, \u201cif that stake hasn\u2019t converted to equity, they don\u2019t have much say if things start to go wrong,\u201d reports Rebecca Szkutak.<\/p>\n To learn more about how investors handle problematic CEOs, she spoke to:<\/p>\n We also have a few more for the weekend:<\/p>\n TechCrunch+<\/em><\/a> is our membership program that helps founders and startup teams get ahead of the pack.<\/em> You can sign up here<\/em><\/a>. Use code \u201cDC\u201d for a 15% discount on an annual subscription!<\/em><\/p>\n The pandemic forced us to find new ways to collaborate in a remote workplace, and some companies have been able to leverage that need. Rita<\/a> reports that Feishu, ByteDance\u2019s Slack-like tool<\/a>, was one of them, generating $100 million in 2022. She writes, \u201cByteDance\u2019s heavy investment in Feishu is telling of the state of enterprise software in China. At a time when Silicon Valley investors are heralding product-led growth<\/a> \u2014 services that convert users through their products, as exemplified by Calendly<\/a> \u2014 software in China still largely counts on sales, marketing and services to recruit users.\u201d<\/p>\n Now here\u2019s five more for you:<\/p>\n<\/p><\/div>\nThe TechCrunch Top 3<\/h2>\n
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Startups and VC<\/h2>\n
So that founder you backed turned out to be problematic. Now what?<\/h2>\n
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Big Tech Inc.<\/h2>\n