Y Creator, Y Competition – TechCrunch

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. YC had its biggest news in years this week: Garry Tan will be the new president and CEO of the organization, starting January 2023. Tan co-founded and helped scale Initialized Capital to…

In leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech – TechCrunch

The chief executive of autonomous vehicle developer Aurora Innovation presented a swath of cost-cutting and cash-generating options to its board, ranging from a hiring freeze and spinning out assets to a small capital raise, going private and even selling itself to high-profile tech companies Apple and Microsoft. The ideas, all aimed at shoring up its…