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Media report: Gastro app Choco is to receive 33 million euros

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1671081255 Daniel Khachab Choco

The company is thus growing despite the difficult market situation. Also: Twitter blocks account for Elon Musk’s private jet flights and Binance founder claims to have passed the “stress test” for his crypto exchange.

Company founder Daniel Khachab

Good morning! While you slept, work continued elsewhere in the digital scene.

The top topics:

The gastro app chocolate According to a report by the “Handelsblatt”, it should again receive fresh investor funds. The Berlin company, which digitizes order management between suppliers and restaurants, was able to attract a cash injection of over 33 million euros despite the volatile markets.

It was only in April that previous shareholders put 102 million euros into the app in a second round of the Series B round. The messenger app for restaurateurs thus became a unicorn and was valued at 1.2 billion US dollars. This rating should remain stable – a success in a market in which technology stocks on the stock exchanges have collapsed, some of them severely. [Mehr bei Handelsblatt]

on Founder scene: Only every second start-up in Germany lets its employees participate in the success, and if so, then mostly only executives get shares in the company. A mistake, like fintech founders Paul Becker writes. Without exception, he invests every employee in his company. In his plea for fair ESOP programs you read why you should do the same. [Mehr bei Gründerszene+]

And here are the other headlines of the night:

Twitter has suspended the account of a student who was documenting the routes of CEO Elon Musk’s private plane. A reason for the blocking of @ElonJet was not given. Other accounts with flight trackers have also been banned. For example, one that the private jet from Meta-Chef Mark Zuckerberg pursued. The student’s private user account was also blocked. It was also announced that Twitter will discontinue the Revue newsletter product next year. [Mehr bei The Guardian, Wall Street Journal, Spiegel und Reuters]

binance-Founder Changpeng Zhao has confirmed that more than $1 billion was withdrawn from the crypto exchange in a single day. Investors have thus continued on the collapse of the rival FTX reacted. Zhao, better known as CZ, called this a “stress test” and assured investors that the exchange’s reserves were solid. In the meantime, money would flow into the stock exchange again. [Mehr bei CNBC und The Guardian]

The new FTX-CEO John Ray, who is set to handle the bankruptcy of the failed crypto exchange, will be paid millions for his work. According to court records, Ray will be making $1,300 an hour plus “reasonable expenses” for his work. Ray and his team are not typical employees who work directly for the company. Instead, the new leadership team consists of external contractors. Your job is to decipher the tangled machinations of the crypto exchange. This appears to be extensive work, as just Tuesday, a lawyer called the case “one of the largest fraud cases in American history.” Investors only receive the funds that are left over after deducting all expenses such as the Rays. [Mehr bei CNBC]

Layoffs: Headspace Health, the maker of a popular mobile app for meditation and mental health, has cut about 50 jobs, or four percent of its workforce. The Santa Monica, California-based company employed about 1,200 people before it cut jobs last week. The Headspace competitor Calmanother meditation app, has laid off about 20 percent of its 400 employees. [Mehr bei Bloomberg]

Spotify seems to be cutting back on its live audio ambitions. The Swedish music streaming service is ceasing production of several of its live audio shows. This affects Deux Me After Dark, Doughboys: Snack Pack, The Movie Buff, and A Gay in the Life. Spotify had integrated its live audio capabilities from its companion app Spotify Greenroom into the main app in April. Spotify acquired the app through the purchase of Betty Labs worth $62 million in March 2021 and dubbed it Greenroom. [Mehr bei Bloomberg und Techcrunch]

Our reading tip on Gründerszene: The Geneva startup Transmutex wants to make nuclear energy safer. A New York VC is involved with an investment of millions. How did the founders pitch a nuclear power startup that needs billions? These 17 slides show it. [Mehr bei Gründerszene+]

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A nice Thursday!

Your start-up scene editorial team

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Easily track down treasures yourself: testing metal detectors

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With a metal detector, metals such as bronze, iron or gold can often be found meters deep. For very valuable treasures, on the other hand, the device should not be used, because its use is not permitted everywhere. In addition, the search for ancient treasures is generally prohibited by law, finds must always be reported. They are allowed to search for jewelry and coins, almost everywhere.

Metal detectors work with electrical voltages, which are particularly easy to transmit when there is moisture. After a downpour, it is particularly good to go on a treasure hunt.

It is best to test the device in advance and see how your metal detector reacts to different metals. In this way you can later distinguish between possible valuable finds and rubbish during the actual search. It is also advisable to familiarize yourself with the functions of the metal detector in advance. For example, the sensitivity should not be turned to the highest level. Because a metal detector works very finely, so that it can react sensitively to disturbances in the environment. It is therefore better to use a smaller measuring range and get more precise measurement results. In this way, the treasure hunt for coins, jewelery etc. can also be a success.

Which metal detector do you really recommend? Our partner *AllesBeste has extensively tested 11 devices in practical use. We show you the test winner, a price tip and another top model in the following table.

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Experts give crucial tips: This is how good dog trainers work

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Proper training accessories

If the following aids appear, the alarm bells should be ringing for dog owners: non-stop pull collars and spikes, electric or spray collars. They hurt, can injure and are sometimes even forbidden. According to Peta, a good trainer can also be recognized by the fact that he or she does not make any promises of success before getting to know each other personally.

Individual training models

Dog trainers often offer both group and individual training. “A group is good for young dogs or if you want to learn the basic commands,” says Sarah Ross. “Individual work makes sense for specific problems or if you are very insecure as a dog owner.” It is important that the trainer explains and justifies everything step by step.

Family training and breaks

In addition, all family members should be welcome by arrangement. “It’s also important for the children to know which commands the dog responds to,” says Ross. Finally, a workout should never be hours of hard work. In between, experienced trainers always take a break to sniff around and play for the dogs.

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E3 fair without the big three: Nintendo, Sony and Microsoft will probably stay away from the fair

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From insider circles, IGN recently reported a disappointing development of the E3 planning. According to this, Nintendo, Sony and Microsoft should not want to take part in the largest gaming fair in Los Angeles. We’ll tell you here what that means for E3 2023 and how likely it is to happen on its own.

E3 and Gamescom really haven’t had it easy in recent years. First individual publishers like Electronic Arts turn their backs on E3, then the pandemic makes major events of this kind seem impossible, and finally the big return of Gamescom 2022 hardly attracts any well-known publishers.

IGN: Nintendo, Microsoft and Sony not at E3 2023

An E3 without big publishers: is the E3 concept slowly but surely dissolving? (Source: E3)

Against this background, the current reports from IGN hardly come as a surprise: Nintendo, Sony and Microsoft alike are not planning an appearance at this year’s E3. The world’s largest gaming trade fair is scheduled to start on June 13, 2023 at the Los Angeles Convention Center. No exhibitors have been officially announced or confirmed yet.

IGN cites “several knowledgeable sources“, who are said to have confirmed to them that all three console providers “not be part of E3 2023 or have a presence” will.

The publishers themselves have not yet commented on this. The latest official statement on this subject comes from Xbox. It was confirmed in late January that it would return to Los Angeles for its “annual summer showcase.” The related blog post states:

In addition, the teams work tirelessly to bring you and all other Xbox fans new, exclusive gaming highlights when they meet again for the annual Summer Showcase in Los Angeles.

It is striking that the E3 is not mentioned with a syllable. Microsoft, Sony and Nintendo have already attracted large audiences with online appearances in the past. Not having an expensive stage show at the convention center has had little to no impact on sales or trailer clicks. So why invest money for such an effort when you can also do it online with pre-produced videos? Smaller publishers such as Ubisoft and EA have also been using this strategy for a long time.

What’s the deal with the E3 abstinence?

Xbox Gamescom Stage
As was the case at Gamescom, Xbox and Co. could stream directly into the Internet in the future without paying any fees to E3. (Source: Xbox)

There have been no official statements from publishers or organizers of the E3 trade fair so far. The last few years, in which they have increasingly relied on online formats and numerous “big players” – including Nintendo and Sony – are staying away from Gamescom 2022 in particular, give the reports credibility.

You no longer feel compelled to put your budget into a stage show that might be overshadowed by a competitor’s event just two hours later. It is far more likely that the presentations will still take place in the summer, but they will not be part of the E3 program, but planned in the same week.

Visitor trade fairs such as Gamescom in particular could suffer from this development. Indie games are all well and good, but they are unlikely to attract hundreds of thousands of gaming fans to the Cologne exhibition halls. We will also forego many possible cult moments in the future. Unforgotten about Keanu Reeves’ “Breathtaking” scene at the presentation of cyberpunk 2077 as part of E3 2019. On the other hand, publishers also save themselves embarrassments such as Nintendo’s legendary embarrassing appearance at E3 2008. Let’s hope that Nintendo, Sony and Microsoft have at least something planned for the E3 period.

Sometimes we are still waiting for a first “Nintendo Direct” or Sony’s “State of Play” in 2023 – at least on the Xbox side there was already a small showcase with titles like Minecraft Legends, red case and Hi-Fi Rush to admire.

Source: Xbox, Nintendo and Sony will not be present at E3 2023 – IGN
(Status: 01.02.2023)

  • Fabian of Thun

    As a trainee, Fabian supports the editors of CHIP Online with tests and purchase advice. Ever since the first GameBoy, he has been particularly at home with Nintendo, but he also regularly gambles on PC and Xbox.

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