Investment 

How to avoid cowboy investors

✌️ How top founders manage spend ✌️

If you want to thrive – not just survive – it’s never been more critical to spend smart. Find out how 250 of Europe’s top founders keep their startups on track.

 
Download the Spending Playbook. [Sponsored post]

 Fintech 

Fintechs off to a slow start in the US

 Government 

The UK's startup bailout fund under fire

But not everyone was happy with the result. 

 Hiring 

Immigration made easy

News that matters

🛴 Estonian ride-sharing service Bolt has launched its own electric scooter model and aims to launch the scooter service in more than 45 cities this summer. It's another bold move from Bolt, which is also expanding into food delivery. Bolt rival, Uber, meanwhile is axing 3,700 staff as trips drop in lockdown.

🔮 A new €65 fund in Munich is targeting deeptech startups. Called the “VSquared Ventures Fund” it's being launched by well-known investors Thomas Oehl, Herbert Mangesius and Benedikt von Schoeler.

🐦 London fintech Starling is one of the three new lenders which have been approved to offer loans via the UK government’s bounce back lending scheme, which is aimed at helping small businesses get back on their feet. They join 11 other banks that have already been approved.

🤖 Countingup, the business current account that “automates” your accounting, has raised £4m in self-described bridge funding.

Sifted Suggests 

🤑 “Is this a good time to raise money for my startup?” The 7th edition of the Covid-19 VC Barometer by Chausson Finance digs into the data.

👖 What if you don’t want to go back to the office? asks the New York Times. In a similar vein, the Wall Street Journal asks: Can we keep the sweatpants on after lockdown ends?

👨‍👦 How to help employees work from home with kids — some good advice from MIT Sloan Management Review.  

🚀 Eight actions CEOs can take to relaunch their business after the lockdown ends, from McKinsey.

🌧️ The UK fintech sector is in a much better position to weather the Covid storm than other startup sectors, according to Beauhurst. 

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