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The startup market is taking on more and more risk



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Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. 
Hello from the blisteringly cold East Coast of the United States, where I am eating doughnuts to ward off the effects of my COVID-19 vaccine booster shot. Thus far the third dose of Moderna is not as bad as the second, but who knows what is coming. So we’ll stay brief today in case I fall out of my desk chair and straight into a nap midkeystroke.
To start, thank you. This little weekend newsletter now has comfortably over 30,000 subscribers, and an open rate that sits in the mid- to high-40s each week. It’s part of a larger project I kicked off at TechCrunch when I came back but was fa …

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