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Hello and welcome to Daily Crunch for December 15, 2021! Big news from TechCrunch this week, namely that our events are returning to your neighborhood next year! For a rundown of what we have currently planned, head here. But Disrupt, many Sessions and more are going IRL in 2022. I will see you there! —Alex
Image Credits: Nicole Henderson for TechCrunch
The TechCrunch Top 3
- Katie Haun is leaving a16z: News is out today that Katie Haun is leaving a16z. She’s best known, TechCrunch notes, for co-leading the investing group’s $2.2 billion crypto fund. What’s she off to do? Starting a new crypto fund, of course, and she’s taking along some of her colleagues in the process. As far as crypto investing goes, this is seismic.
- Are rich tech valuations set to fall? As interest rates rise and are set to further scale next year, valuation pressure evident in the back half of 2021 could grow next year. That could mean lower top-tier revenue multiples for tech’s highest fliers and perhaps compressed valuations for slower-growing public tech companies. For startups, the impact could be constrained comps and lower private-market pricing.
- The final tech IPO of the year: Capping off a busy IPO year, Samsara’s IoT-themed public debut went well. The company priced at the top end of its range and traded up around 5%…
