Lucas Matney, TechCrunch

Lucas Matney

TechCrunch

Chicago, IL, United States

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Recent articles by Lucas:

Does the NFT craze actually matter? –

Hello friends, and welcome back to Week in Review! Last week, we talked about Apple’s subscription addiction. This week, I’m diving deep into whether there’s actually any meaning to pull out of the NFT mania of 2021. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter […] → Read More

HTC reveals the $499 Vive Flow, a tiny VR headset with some big tradeoffs –

Today, HTC has revealed their latest consumer-focused headset, the $499 Vive Flow. It’s designed for portability with a compact design and 189 gram weight, though there are some big caveats which I’ll get to later. I had the chance to demo the headset in-person in San Francisco and my first impression of the device was […] → Read More

FourFront nabs funding to build an interconnected network of fictional TikTok stars –

Every popular social media platform has opened up a new type of storytelling to a new generation of users, but TikTok’s impact has perhaps been the swiftest as the short-form video platform’s user base has quickly swelled past 1 billion users and transformed how social media stars are made. FourFront is a media startup that’s […] → Read More

Coinbase is launching its own NFT platform to take on OpenSea –

Coinbase is readying the launch of an NFT marketplace that will compete with existing major players in the space like OpenSea, debuting a user waitlist for the desktop product that it hopes to launch by the end of the year. Coinbase has limited details to share on its upcoming platform, but notes in a blog […] → Read More

Seven years after raising $542M at a $2B valuation, Magic Leap raises $500M at a $2B valuation –

Magic Leap has had one hell of a journey, and to their credit, it seems investors are still addicted to giving them money. The augmented reality startup announced today that they have raised $500 million at a $2 billion valuation from existing investors. The round echoes the terms of an October 2014 raise where Magic […] → Read More

The growing pains of Apple’s subscription addiction –

Hello friends, and welcome back to Week in Review! Last week, we talked about how YouTube has managed to skate along while Facebook has gotten pummeled over platform responsibility concerns. This week, we’re looking at another slippery slope Apple is dancing on the edge of. If you’re reading this on the TechCrunch site, you can […] → Read More

‘Fantasy startup investing’ NFT platform Visionrare shuts down paid marketplace after a day in open beta –

Just over 24 hours into its open beta, Visionrare, which launched an NFT marketplace for “fantasy startup investing,” is temporarily shutting down and refunding users who purchased shares, saying it will relaunch soon as a free-to-play game. The platform allowed users to bid on auctions of fake NFT shares of real startups, building up a […] → Read More

Twitter invests in avatar startup Facemoji –

Avatar startups have come and gone over the past few years, but the future that many of the entrepreneurs behind them originally imagined has proven more or less accurate. Apple is increasingly interested in avatar representations through Memoji, Mark Zuckerberg wants Facebook to be a metaverse company and platforms like Roblox, where users enter a […] → Read More

‘Fantasy equity’ NFT game wants you to spend real money buying fake shares of real startups –

The meme-ification of ownership and the wild acceleration of private startup valuations have led us to this moment where a former VC firm associate has built a crypto marketplace designed for “fantasy startup investing,” where users spend real money buying fakes shares — in NFT form, of course — of real startups. The game, which […] → Read More

Masterworks raises $110M to sell fractional shares of physical art — not NFTs –

As investors look to diversify their holding amid exceptionally top-heavy traditional asset markets, more tech-enabled platforms are popping up to make the case for their alternative investment platform of choice. Masterworks, a startup that sells fractionalized shares of paintings and other works by famous artists, has achieved a unicorn valuation as it looks to corner […] → Read More

Co-streaming rolls out to all creators on Facebook Gaming –

Co-streaming is rolling out to all users on Facebook’s game-streaming platform Facebook Gaming. The feature will allow users to team up and stream with one another, while enabling viewers to navigate between co-streams and choose which perspective they’d like to see the action from. The feature had previously only been available to streamers in the […] → Read More

Robinhood finally brings on-demand phone support to all of its users –

Robinhood announced Tuesday that it will be bringing “24/7” phone support to its 31 million users. It’s a long overdue move for the stock and crypto trading company founded in 2013, but one that signals its maturation following a challenging year that brought the company its biggest crisis, a surge in trading volume and its […] → Read More

Facebook stock falls as global outage continues –

Facebook’s stock took a dive Monday as the site suffered one of its worst outages of the past decade with services across its entire suite of products going offline while the tech company struggled to even bring its own internal services back online. The stock ended the day down nearly 5%, with Facebook shedding tens […] → Read More

NFT startup Dapper Labs acquires virtual influencer startup Brud –

Dapper Labs, the NFT startup behind NBA Top Shot which was recently valued above $7.5 billion, made an interesting acquisition this morning, telling Decrypt that they have purchased virtual influencer startup Brud and will be bringing the entire 32-person team aboard. Brud is best known for its digitally rendered social media influencer characters, specifically one […] → Read More

Evil Geniuses CEO on the path toward esports ubiquity –

The pandemic brought a new class of gamers online for the very first time, and the gaming space has never been larger or more diverse. At the same time, while esports saw some viewership gains in the past year, it still had to deal with plenty of hurdles tied to pandemic restrictions on physical events. […] → Read More

TikTok starts flirting with NFTs –

The NFT space has had quite the year, and while it can be difficult to separate the billions of dollars in crypto speculation from the potential infrastructure shifts, plenty of mainstream tech companies are dipping their toes into the space and signaling future interest. This time it’s TikTok’s turn. The fast-growing social media platform which […] → Read More

NBA Top Shot creator on the NFT craze and why Ethereum still isn’t consumer friendly –

We caught up with the Dapper Labs CEO at TechCrunch Disrupt 2021 last week to discuss the challenges facing the crypto space, the future of Ethereum, and how quickly NFTs blew up this year. → Read More

Mark Cuban and Coinbase back Eternal, an NFT marketplace for trading Twitch streamer clips –

The NFT world collectively seems to be trying to turn internet memories into one big game — with a lot of cash involved of course. The original “Doge” image sold for $4 million back in June, the original “Pepe” comic image sold for $1 million in April, in short, people are becoming meme millionaires. Buying […] → Read More

Ex-Apple designer’s ultra-premium audio hardware startup raises $48.75 million Series A –

Audio startup Syng has been building on quite a bit more hype than the average fresh hardware startup, largely because of the team behind it. Founder and CEO Chris Stringer was Jony Ive’s first hire at Apple and worked at the company for 21 years. In an interview, Stringer referred to the first time he […] → Read More

Robinhood muscles deeper into Coinbase’s territory with new crypto wallet feature –

The fervor around Dogecoin delivered big revenues for stock-trading app Robinhood, and the company announced Wednesday that it’s wandering deeper down the crypto rabbit hole, sharing that it will soon begin testing crypto wallets for its users. The crypto wallets, which Robinhood says it will begin rolling out next month over time to users on […] → Read More