Hello and welcome to Daily Crunch for Friday, February 11, 2022! Today we’re talking big rockets, self-driving cars, tech stocks getting rekt, and more. It’s a fun, and good mix of news. Enjoy! – Alex
The TechCrunch Top 3
Rocketship, or big vapor phallus? At an event about SpaceX’s huge Starship launch system, more questions were left open than closed off, it appears. TechCrunch’s Darrell Etherington has a good write-up of the latest, but at this point it seems the market was expecting a bit more than a dramatic backdrop and a new video discussing potentials.
Affirm’s rout Not Great for BNPL startups: Regular Daily Crunch readers have seen more funding rounds and product news items from buy now, pay later startups than they want to recall. The business of shoving cash into BNPL upstarts has been a global venture capital parlor game in recent quarters. So our eyebrows shot higher when Affirm, a publicly listed BNPL leader fro …
