Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.

This week was big-tech heavy, as the startup market had a slow start to the week. Sign of the times or one day fluke? We'll see in time, I suppose.

Here's what we got into on the show today:

• Stocks are down today, and cryptos are doing even worse in recent days.
• Elon Musk's flirtation with becoming a Twitter board member is over, the company said. Precisely why Musk backed out is not entirely clear, though the social media company's statement might hold some clues.
• Shopify is splitting its stock, and changing up its corporate governance structure; crypto volumes are tanking in India following a legal change -- and Coinbase is struggling in the country; SailPoint is selling to private equity for $6.9 billion.
• Turning the clock back, the Ellevest round is very cool.
• And to close things out, NIO's production is on hold in China due to COVID issues. Such much for supply chain recovery.

This week is TechCrunch: Early Stage, which is going to be good fun. See you there!