To get a roundup of TechCrunch’s largest and most essential tales delivered to your inbox on daily basis at 3 p.m. PDT, subscribe here.

Joyful Monday Crunch!

Haje is wrapping up this article earlier than heading to TechCrunch Early Stage 2023 in Boston on April 20. It’s not too late to get your ticket! In the meantime, on the Fairness podcast at present, the pod crew wonders, What’s an Angry Bird worth? It seems, Sega thinks it’s $775 million for the whole bird farm.

— Christine and Haje

The TechCrunch High 3

Apple’s bulletins had been massive for readers at present, so right here we go:

• Psst, wanna install an app?: Apple likes to maintain issues near the vest, however Ivan writes that the patron tech large is reportedly contemplating permitting folks to sideload apps to their iPhone in iOS 17.
• Apple makes things interest-ing: Final October, Apple unveiled a new financial product, and at present, the corporate spilled a bit of extra tea about its Apple Card financial savings accounts, that includes a 4.15% rate of interest, stories Romain.
• Watch this: Apple Watch customers have been ready — can we are saying patiently? — for a brand new software program replace. Properly, Sarah stories at present the watch is prone to get its largest software program replace since its 2015 debut.

Startups and VC

Again in January, a $810 million deal fell aside to purchase Indignant Birds makers Rovio, however the firm recommended they had been nonetheless in talks with different potential events. In the present day, Paul stories that deal grew to become official as Japanese gaming large Sega has confirmed that it’s buying Finland’s Rovio in an all-cash deal value $775 million.

Because the economic system has gotten harder, loads of corporations have switched from shopping for to renting. There’s an acronym for this — XaaS, or “all the pieces as a service,” additionally known as “servitization.” An instance of this could be ServiceNow, which automates companies for enterprise operations. A newish participant on this area is Equipme, out of Germany, which secured $3.8 million in a seed investment round led by La Famiglia VC, Mike writes.

And we’ve 5 extra for you:

No, you’re not elevating cash to extend your runway

Haje usually hears founders say they’re elevating cash to extend their runway by 18 to 24 months. In a way, that’s correct, however solely from the startup’s perspective.

That’s not what an investor is on the lookout for. Your organization surviving for an additional yr and a half will not be the aim of a fundraise; that’s a facet impact at finest. Ask your self — what occurs on the finish of these 18 months?

Founders ought to talk to traders what a spherical of funding unlocks. That’s expressed in milestones, not in time. The aim is to rework the corporate sufficiently that you are able to do one thing that you simply can not do at this second, and on this piece, Haje breaks down how.

Three extra from the TC+ crew:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You can sign up here. Use code “DC” for a 15% low cost on an annual subscription!

Huge Tech Inc.

There was no “up, up and away” for SpaceX at present, which was trying to fly its Starship launch system for the primary time. Aria stories that the flight test turned into a wet dress rehearsal as a consequence of a frozen strain valve. Now SpaceX is taking a look at April 19 as the following doable date to strive once more.

Luxurious automotive fans collect ’spherical. Mercedes debuts the Maybach EQS SUV, which incorporates options that Matt writes are “dripping with historic Maybach design components: two-tone paint, imposing wheels, a correct hood decoration and, sure, a grill with filigree slats though it’s electrical and there isn’t a radiator to guard.”

Now right here’s 5 extra for you: