Best of TechCrunchJuly 2024

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    Watch: Doomscrolling is bad for your brain, study finds

    A recent study published in the Journal of Computers in Human Behavior Reports links doomscrolling to increased existential anxiety, despair, distrust, and suspicion of others. This study adds to the broader debate on the impact of smartphones and social media on mental health, highlighting the potential risks while acknowledging ongoing disputes among scientists about these risks.

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    17-year-old Eric Zhu’s startup was built in a high school bathroom, now it’s raised $2.3 million and is emerging from stealth

    Eric Zhu, a 17-year-old from Carmel, Indiana, launched Aviato, a private market data analytics platform, from his high school bathroom. Aviato goes beyond competitors like Crunchbase and PitchBook by offering additional metrics like company credit card revenue and employee vesting schedules. The startup has raised $2.3 million in seed funding and aims to refine private market data analytics. Zhu has since moved to San Francisco to focus on growing Aviato while completing his high school education online.

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    You can now track and manage bank transactions with CRED

    CRED, a Bengaluru-based fintech startup, has introduced a new feature called CRED Money to help users manage and gain insights into their cash flow by consolidating financial data from multiple bank accounts. This feature leverages India’s account aggregator framework to ensure secure, purpose-specific data sharing and uses data science algorithms to analyze transactions and provide actionable insights. Set to launch in phases, CRED Money is part of the startup's broader effort to enhance personal finance management among its affluent user base.