To eliminate friction in consumer messaging, more companies are entering Matrix • TechCrunch

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Welcome back to your TechCrunch roundup. It’s my last day of service to you (you’re very welcome).So, ChristineHe’ll be back at Daily Crunch on Tuesday. PilgrimHe won’t return yet, as he’s heading to Vegas as part the team covering CES. CES! Brian raise What can we expectSince pre-COVID, it has been in full production for the first time.

Bye now, folks. All of us wish you a safe and happy new Year. – Henry

The top

• in the matrix: No no That matrix. Matrix is an open standard comms protocol that uses Matrix. peeDeep gone. The increased use of the network by government agencies and businesses has led to an increase in its size. Reddit is also trying out its chat feature.
• to merge: TimWe looked at five startups that could benefit from recent merger breakthroughs. [TC+]
• Alt-ChatGPT: OpenAI’s ChatGPT solution is now followed by an open-source equivalent. It’s called PaLM+RLHF (rolls off the tongue right?BUT KyleHe states that he is not trained, which is good news for managing it.
• her dead eyes: AmandaHe writes that Meta is entering the eyewear market with the purchase of Luxexcel, a Dutch-based smart glasses company.
• Follow the book: ayishahA list of five apps that you can use to keep track and plan what you do in reading after the clock strikes 2023 has been compiled.
• Netflix vs. HuluPerhaps you have decided to reduce the number of streaming services in your group due to rising prices. LaurenTo help you make a decision, we’ve reviewed the features of Netflix & Hulu.

What to look out for in a termsheet as a first-time founder

Credits for the image: seolakan (opens in a new window)Getty Images

Connie Loizos, Silicon Valley reporter interviews three seasoned venture capitalists in order to get their best advice on start-up entrepreneurs. I asked them:

• Why is it necessary to know the contents of the terms sheet before you view it?
• What is the best way to start?
• How much equity is dispersed at each level of early stage fundraising?
• What is the red flag on the terms sheet?
• How should founders approach evaluation in their first semester statement?

Techcrunch +It is our membership program, which helps founders and startups teams get ahead of others. You can register here. Get 15% off your annual subscription by using the code “DC”.

Looking forward and looking back

We ApproximatelyVenture capital stories from TC + in a year that saw many downsides. Here are some of the best:

dreamcatcherAnd the CarlyTake a look at How law enforcement cracked down on cybercriminalsThis year. They evaluate the efforts of police and offenders to bring about justice.

Indian start-ups were flushed with cash and made record investments. Right Now Manly… masculineWrites The ecosystem is strugglingThe tightening of financing portfolios has led to layoffs and a disappointing public image.