UK markets open in 57 minutes
  • NIKKEI 225

    27,574.43
    -111.97 (-0.40%)
     
  • HANG SENG

    19,426.23
    +611.41 (+3.25%)
     
  • CRUDE OIL

    73.13
    +1.12 (+1.56%)
     
  • GOLD FUTURES

    1,797.90
    -0.10 (-0.01%)
     
  • DOW

    33,597.92
    +1.58 (+0.00%)
     
  • BTC-GBP

    13,778.68
    -176.72 (-1.27%)
     
  • CMC Crypto 200

    394.67
    -7.36 (-1.83%)
     
  • ^IXIC

    10,958.55
    -56.34 (-0.51%)
     
  • ^FTAS

    4,093.68
    -20.80 (-0.51%)
     

Daily Crunch: Former Googlers raise more than $90M to scale alternative asset fintech startup

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.

Hellooooo, guess what? It’s November! We guess it was actually November yesterday, too, but we failed to notice, because LOL what even is time, amirite. Anyway, put away your Halloween costumes and start the game of How Long Can You Avoid "Little Drummer Boy"? If you do want to play that game, you’d be well advised to not click this link, although that’s a particularly tolerable version of the song, to be fair.

Onward! — Christine and Haje

The TechCrunch Top 3

  • And for his next act…: Manish was on a roll again today, covering some cool stories. The first is on some former Googlers rallying around their peer Caesar Sengupta, who raised $90 million to scale Arta Finance, a company that will provide individuals similar access to alternative assets that are usually reserved for the ultrawealthy.

  • Betting on web3: Manish’s second story is on Microsoft, which is backing South Korea–based web3 game developer Wemade.

  • Come together, right now, in the cloud: Though many companies are asking employees to come back into the office, they and others are still figuring out how to keep distributed teams working as one. Former Yext CEO Howard Lerman thinks he has created the best option with Roam, a company that came out of stealth today with $30 million in new funding, Kyle reports.

Startups and VC

New data from more than 200 startups show that CTOs earn higher salaries than their CEO counterparts. Mostly, co-founders make the same, but where there is a difference, the balance typically tips in the favor of the technical co-founder, Haje reports.

Also, we’ve got an eclectic mix of additional news for ya:

Dear Sophie: How can students work or launch a startup while maintaining their immigration status?

lone figure at entrance to maze hedge that has an American flag at the center
lone figure at entrance to maze hedge that has an American flag at the center

Image Credits: Bryce Durbin/TechCrunch

Dear Sophie,

I’m studying bioinformatics at a university in the U.S.

What options do I have to work before and after graduation on my student visa? Do any of these options allow me to launch my own startup?

— Wanting to Work

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

Elon Musk met with civil rights leaders, and Amanda has all the details on what went down. Many of the leaders were concerned with content moderation, particularly dealing with increases in hate speech and undue influence on the midterm elections. Meanwhile, Natasha M writes that another Twitter executive is reportedly flying the coop.

Meanwhile, Manish continues to follow the Byju's saga. The latest is that India’s edtech giant is looking at a $1 billion IPO for Aakash, its physical tutor chain.

And we have five more for you: