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Hello and welcome to Daily Crunch for Monday, March 14, 2022! This week I am writing to you from New Orleans, where I am busy – when not writing – eating everything in sight. I bring that up as getting around is something that many of us are now doing a bit more of. Which means we’re mobile once again. And that’s a great segue to remind you that you can still save some money with early-bird tickets to our upcoming Sessions: Mobility event.
The TechCrunch transport team is full of brilliant humans, so do not miss out on this one. – Alex
To kick off, our own Walter Thompson has a great investor survey up today that attacks the question of how to pitch venture capitalists as a founder. It’s written and compiled in a manner that makes the advice fresh – what do venture investors want now. And with Sarah Kunst (Cleo Capital), Christine Choi (M13), and others included, it’s well worth your time.
And speaking of pitching, we have a great piece up looking at how Snorkel.AI raised $135 million. One theme I noticed between the two articles is the importance of storytelling. As a journalist, I am piss-poor at storytelling, but do respect the craft. For founders, it appears to be a central pillar of commanding investor attention.
And to close out, Natasha Mascarenhas has a bit more on the theme of late-stage investors going earlier and earlier.
Image Credits: MicroPixieStock (opens in a new window) / Getty Images
Regardless of whether you’ve liquidated your crypto assets or plan to hodl until the heat death of the universe, if you made any profits last year while trading, the U.S. Internal Revenue Service would like to have a chat.
But some digging may be required to identify those taxable proceeds.
Because cryptocurrency exchanges aren’t SEC-regulated, “they’re not legally required to offer the same level of tax reporting that discount brokerages and custodians must provide to stock, bond and mutual fund investors.”
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
IRS FUD: What you need to know about crypto taxes