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Hello and welcome to Daily Crunch for October 25, 2021. What a day. We kicked off with news that a major, multibillion-dollar tech deal was kaput and closed out the trading day on news that another tech firm had reached the trillion-dollar market cap threshold. Facebook also reported earnings right after the bell, and TechCrunch dropped a host of hardware reviews. Tired yet? It’s Monday. – Alex
P.S. Our SaaS event is in two days; get hype.
Announcing the final agenda for TechCrunch Sessions: SaaS 2021
Before we get truly underway with all of our startup coverage, we have a new item from Unicorn Land: New York tech company Braze is going public. While it was not a unicorn when it last raised capital, the company will nearly certainly crash through the $1 billion valuation mark when it debuts on the public markets.
Health care spending accounts for almost 18% of U.S. GDP, so it’s no surprise that digital health is attracting record levels of investment. This year, VCs have flowed $14.7 billion to health tech startups, compared to $14.6 billion in all of 2020.
Given the high cost of care in the United States compared to other nations, pairing fintech with health tech is just good business.
Simon Wu, an investment director with Cathay Innovation, says he’s paying close attention to these areas of convergence:
Fintech’s growing role in the healthcare revolution
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Look, it’s hardware season. You can tell because it’s getting colder outside. That means that Christmas is coming. That means consumers are looking for stuff to buy. So, new hardware.
TechCrunch has you sorted, if you require a set of reviews to help you decide what piece of hardware you need. So, here’s our Google Pixel 6 review and our review of Apple’s new Airpods and its new 14-inch MacBook Pro. Apple’s new OS is also now live.
Image Credits: SEAN GLADWELL / Getty Images
Are you all caught up on last week’s coverage of growth marketing and software development? If not, read it here.
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Software product company Arbisoft on the growing startup market in Pakistan