Connect with us

World News

TechCrunch+ Roundup: SAFE founder survey, replacing a CEO, how cyber insurance works on July 28, 2023 at 5:21 pm

Published

on

A friend recently spent months getting into shape for a physical so he could obtain a lower insurance rate. He got the policy and plans to continue working out because he feels so much healthier.

Tech companies that plan to buy cyber insurance are in a similar boat: IT managers must conduct risk assessments and usually add new security measures to qualify, but doing the work can be its own reward.

Full TechCrunch+ articles are only available to members.
Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.

“In the end, the benefits from working through the process of achieving eligibility for cyber insurance can go far beyond the issuance of a policy,” says security strategist Ilia Sotnikov.

Advertisement

In this article, he explains “what cyber insurance actually covers,” identifies the critical measures most insurers require and explains why implementing multifactor authentication may not cure every problem.

Thanks for reading, and have a great weekend.

Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist

Cyber insurance audit: Painful necessity, or a valuable opportunity?

Advertisement

Pitch Deck Teardown: Unito’s $20M Series B deck

Pitch Deck Teardown Image Credits: Unito

Unito, a platform that lets customers manage multiple SaaS apps in one place, announced a $20 million Series B round in October 2022.

Advertisement

“Strategically, the path Unito built makes a lot of sense, and I’m not surprised that this narrative resonated with investors,” writes Haje Jan Kamps, who unpacked the lightly-redacted deck:

Cover slide
Highlights/summary slide
Market context slide
Problem slide
Solution slide
Product slide
How it works slide
Product evolution slide
Growth/traction slide
Competition/positioning slide
Team slide
Summary slide

5 founders discuss why SAFEs are better for early-stage and bridge rounds

While SAFE rounds are considered founder friendly, most founders only think they are a good idea for certain rounds. Image Credits: Bryce Durbin

Advertisement

Rebecca Szkutak interviewed five founders who raised money via simple agreement for future equity (SAFE) rounds, instead of going the traditional seed/Series A route.

“By the time a startup reaches the Series A stage, this mechanism is less attractive for a variety of reasons,” she writes.

Here’s who she surveyed:

Zach Blank, founder, Hurry
Amy Divaraniya, founder and CEO, Oova
Tory Reiss, CEO and co-founder, Equi
Arman Hezarkhani, founder and CEO, Parthean
Vishwas Prabhakara, founder and CEO, Honey Homes

Advertisement

Get the TechCrunch+ Roundup newsletter in your inbox!

To receive the TechCrunch+ Roundup as an email each Tuesday and Friday, scroll down to find the “sign up for newsletters” section on this page, select “TechCrunch+ Roundup,” enter your email, and click “subscribe.”

Advertisement

Click here to subscribe

Ask Sophie: Which US visas are best for international founders?

Image Credits: Bryce Durbin/TechCrunch

Dear Sophie,

I am from Georgia but I live in Poland. I created my startup in Delaware a few years ago. To realize it and grow it, I need to move to the U.S.

Advertisement

I have a business plan and a market plan, but no immigration plan. What’s your advice? Which visa should I apply for?

— Global Georgian

Ask Sophie: Which US visas are best for international founders?

Advertisement

Finding CEO: It’s the new ‘Finding Nemo’

Image Credits: Getty Images / Sakchai Vongsasiripat

It’s rare for a founding CEO to take their company public: As of 2015, “only one-third of startups that reached IPO had their founders as CEOs,” writes Haje Jan Kamps.

Replacing a CEO is a complicated process — senior executives and board members should be aligned, founders must be ready to let go, and the winning candidate needs to get started as quickly as possible.

Advertisement

“In the majority of cases, there comes a time that you need to have a professionally credentialed CEO to take the company to the next level,” said DeeDee DeMan, founder and CEO of executive search firm Bench International.

“And that’s completely dependent upon the acceptance and the mentality of the founding CEO.”

Finding CEO: It’s the new ‘Finding Nemo’

Advertisement

How to prevent an ‘operational catastrophe’

Image Credits: MirageC(opens in a new window) /Getty Images

Julia Ivzhenko, head of operations at Futurra, launched a new edtech app with a 20-person team that answered students’ questions in real time.

Network effects drew in a growing stream of new users, but “we concentrated on scaling and didn’t have time to think if the resources of our team were enough to keep going with such speed,” she writes in TC+.

Advertisement

“To prevent the approaching catastrophe,” she developed a five-step plan that analyzed key processes and highlighted bottlenecks that ultimately generated “a timeline for optimization.”

​ Replacing a CEO is a complicated process: senior executives and board members should be in alignment, and founders must be ready to let go. 

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

No More Automatic Green Cards through Marriage

Published

on

Marrying a U.S. citizen has never automatically triggered a green card, but in 2025, the U.S. government has taken unprecedented steps to make the marriage-based residency process much stricter. If you’re considering this path, it’s critical to understand the significant changes and heightened scrutiny now shaping the journey from “I do” to permanent residency.

Increased Scrutiny on Marriage Fraud

The core reason for these changes is the government’s ongoing battle against immigration fraud. According to U.S. Citizenship and Immigration Services (USCIS), fake marriages remain one of the most common — and most aggressively prosecuted — forms of immigration fraud. This year, agencies have made clear that only genuine, legally recognized marriages will clear the hurdles for lawful permanent resident (green card) status. Sham marriages, or those arranged for immigration benefits rather than a bona fide relationship, are targeted for detailed investigation and potential deportation.

Step-by-Step: The Marriage-Based Green Card Process in 2025

  1. No More “Automatic” Green Cards
    • Marrying a U.S. citizen is only the first step. You must apply for a green card through a legal process that now requires extensive evidence your relationship is real and ongoing.
  2. Form and Filing Changes
    • In 2025, USCIS strictly enforces new editions of application forms — for adjustment of status (Form I-485), fiancé visas (Form I-129F), and petitions for relatives (Form I-130). Submitting even a single outdated page can trigger outright rejection, costing precious time and money.
  3. Evidence Requirements Have Tightened
    • Officials now demand clear, comprehensive proof of a genuine marital relationship. Examples include:
      • Joint bank accounts and tax returns
      • Shared leases, mortgages, or utility bills
      • Records of travel together
      • Messages, photos, and affidavits from friends/family
    • Simple wedding photos are no longer enough; fraud detection officers receive specialized training to spot faked documents and inconsistencies.
  1. Conditional Green Card—Not Permanent Right Away
    • If your marriage is less than 2 years old at the time of approval, you’ll be issued a conditional green card(“CR1”).
    • This allows you to live and work in the U.S. for 2 years, but it is a probationary period. Within the 90 days before the card expires, you and your spouse must jointly petition (Form I-751) to remove the conditions and receive a full, 10-year green card.
    • During this step, you must prove once again that the marriage remains genuine and was not entered into solely for immigration benefits. Failing to file, provide sufficient evidence, missing deadlines, or getting divorced before the end of this period can result in denial, deportation, or a permanent ban on reapplying.
  2. More Enforcement, More Risk

What Happens if the Marriage Ends?

  • Waivers are available if the marriage ends due to divorce or abuse, but the applicant must convincingly prove the marriage began in good faith, not to circumvent immigration laws.
  • If USCIS determines the relationship was fake or evidence is lacking, the applicant could face deportation and a lifetime ban from reapplying.
Shop Our Store

Why Are These Changes Happening?

U.S. authorities say these reforms are a response to a real increase in attempted marriage fraud and the proliferation of “sham marriage” schemes. Recent years have seen several high-profile criminal cases and coordinated investigations. Protecting the legitimacy and security of the green card system has become a key national priority.

Key Takeaways for 2025 Applicants

  • Double-check all form editions and instructions before filing applications — even minor paperwork errors can now cost you your chance.
  • Prepare extensive evidence of a real, ongoing relationship. Start gathering financial records, joint leases, messages, travel documents, and third-party affidavits early.
  • Take conditional status seriously. Mark your calendar—with the stricter environment, missing even a procedural step could be disastrous.
  • Seek legal guidance if your circumstances are complex or you’ve faced any prior visa or immigration denials.

In short: Marrying a U.S. citizen in 2025 does not guarantee a green card. The process involves a two-year conditional period, multiple rounds of documentation, and close scrutiny to combat fraud. Real relationships, thorough preparation, and meticulous paperwork are essential to success in the new system.

Continue Reading

News

French President Macron Sues Candace Owens for Calling His Wife a Man

Published

on

Background

French President Emmanuel Macron and his wife, Brigitte Macron, have filed a defamation lawsuit in the United States against conservative commentator Candace Owens, following Owens’ repeated allegations that the First Lady is a man. The suit marks a notable escalation in a long-running campaign of harassment and conspiracy theories targeting Madame Macron, with the French couple now seeking legal redress beyond their home country.

Credit: Presidencia de la República Mexicana

Details of the Lawsuit

  • Filed In: Delaware Superior Court, United States
  • Plaintiffs: Emmanuel and Brigitte Macron
  • Defendant: Candace Owens and her business entities
  • Counts: 22 counts, including defamation and “false light”

The suit describes Owens’ claims as “outrageous, libelous, and implausible fabrications,” asserting that they have subjected the Macrons to “relentless bullying” and a “campaign of global humiliation.” The Macrons allege that Owens has repeatedly ignored credible evidence, favoring sensationalism and conspiracy to profit from their personal lives.

Shop Our Store

Owens’ Statements and Actions

According to the legal filings:

  • Owens published a podcast series called Becoming Brigitte, and created social media content with her 4.5 million YouTube subscribers, asserting that Brigitte Macron is actually a man named Jean-Michel Trogneux (the name of Brigitte’s brother).
  • Owens also marketed merchandise and monetized content centered around these false claims.
  • She publicly declared that she would “stake [her] entire professional reputation” on these allegations, despite being repeatedly confronted with contrary evidence and direct denials from the Macrons.

The Macrons’ Response

The Macrons argue that:

Credit: Christophe Licoppe / European Union, 2025 / EC – Audiovisual Service

Context and Precedents

This lawsuit is unusual in that a sitting world leader is personally suing a foreign media personality in another country’s courts. Notably:

Credit: Gage Skidmore

What’s Next

The Macrons are seeking both compensatory and punitive damages, as well as a public correction of the record. Owens has stated she will address the lawsuit on her own podcast, but had not commented further as of the time of filing.

This high-profile case spotlights the difficulties public figures face in combating viral misinformation, while also raising questions about the limits of free speech, defamation laws, and international jurisdiction in the social media age.

Continue Reading

Business

The U.S. Dollar Faces Its Biggest Shakeup in 60 Days

Published

on

Unprecedented Change on the Horizon

America’s financial system is experiencing sweeping transformation. A remarkable series of events—including landmark crypto legislation, China’s major reduction in U.S. Treasury holdings, and escalating friction between President Trump and Federal Reserve Chair Jerome Powell—signals a pivotal shift for the U.S. dollar and the future of global finance.

Congress Passes Groundbreaking Crypto Legislation

The GENIUS Act and More

  • The CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a retail central bank digital currency without congressional approval, effectively banning a U.S. government “digital dollar” CBDC.

Why it matters:
Advocates say these changes bring regulatory clarity, encourage the U.S. to maintain leadership in fintech, and respond to global competition, especially from China’s digital yuan and other BRICS initiatives.

China Dumps U.S. Treasuries to 16-Year Low

Implications:
While China remains a major holder, its steady sales draw global attention to the sustainability of U.S. debt financing and the dollar’s status as the world’s reserve currency.

Trump vs. the Fed: The Power Struggle Intensifies

The Digital Dollar Goes On-Chain

Market Impact: Crypto Leaders, Gold, and DeFi Technologies Rally

The Big Picture

  • These unprecedented developments represent the most significant change to the dollar system since the U.S. left the gold standard or the Federal Reserve was established.
  • America’s response to global monetary competition is now being shaped by a digital dollar, regulatory innovation, and shifting international alliances.
  • The next 60 days are primed for continued disruption, with the financial world watching closely for the long-term effects on the U.S. dollar’s dominance and the broader global order.
Continue Reading

Trending