Sifted - Visionrare: What went wrong? 😳

View this email in your browser
Hi Sifted Reader,

Visionrare had a fun time launching its fantasy startup investing game last Wednesday... until it had to pull the plug on trading NFT 'shares' in startups just 24 hours later. What went wrong? Find out below, plus:
  • The most active banks investing in fintech
  • Early-stage startup funding in France is getting totally wild
  • OKRs 101

\Investing 

Fantasy startup investing game Visionrare: What went wrong?


On Wednesday last week, a new fantasy startup investing game launched, Visionrare.

Founders Jacob Claerhout and Boris Gordts were hoping to emulate just a dose of the success of Sorare, the wildly successful fantasy football platform based on NFTs (non-fungible tokens). 

But within 24 hours, Visionrare had to stop trading fantasy shares in real companies. 

Why? And what's next? Amy Lewin finds out from the founders.

\Our latest report

Millennials are investing differently — here’s how


Armed with robo-advisors, personalised apps and crypto, 23% of millennials are investing more than before the pandemic. These young investors have more of a focus on the social impact of their investments, with a third often, or exclusively, investing in companies that value ESG principles. Read Sifted’s new report on wealthtech to find out how the finance sector is keeping up.

Download the report here.

\France

Early-stage startup funding in France goes wild


To see how fierce the competition for early-stage deals in France has become, look no further than the €50m Series A round announced today by Paris-based Homa Games.

Founded three years ago, the video game platform only closed its €12.4m seed round back in February. CEO Daniel Nathan said he wasn’t looking to raise more but couldn’t ignore the incessant knocking of VCs on his door.

What does this say about the crazy times we are living in now? 

Chris O'Brien investigates.

\For Members Fintech 

Banks made record investment in fintechs last year


Analysis by PitchBook and Sifted shows that banks in Europe have tripled their rate of fintech investment since 2016 — and made a record 142 deals across the continent in 2020.

But which types of fintechs are attracting the most attention? And which banks are the most active investors?

Isabel Woodford dives into the data.

Want to read more in-depth articles like this and attend exclusive member events? Sign up to Sifted Membership to get full access.

\Opinion 

What startup leaders need to know about OKRs


This week, fintech unicorn N26's former COO Martin Schilling and scaleup consultant Thomas Klugkist explain how fast-growing startups can masterfully execute the OKR process.

Read their words of wisdom here.

\Sponsored by Zendesk

Founders, here's when you need to hire your CX team


A 2021 Zendesk report into customer trends found 75% of customers will spend more money to buy from a company that offers good customer success (CX) — but for early-stage founders who need to set priorities and build out teams fast, it can be difficult to know when to invest.

So, when should you make your first CX hire?

We turned to the experts to find out.

News that Matters

🎓VC Earlybird targets university spinoffs. Today, the German VC firm announced its €75m UNI-X fund to back European pre-seed and early-seed companies. It will cooperate with 45 professors from universities in the region.

Sifted Suggests


👋 Onboarding 101. Eight golden steps to get new employees merrily on their way.

🤔 Questions to ask before giving away equity. Founders, take notes on how to avoid these equity pitfalls.

🚫 Fintechs: no more space for success? A 23-part Twitter thread.

Events [digital only]

Construction: built to last? | Online | October 14
Hear from Foundamental founding partner Patric Hellermann, Leonard SEED programme associate Tara Mirkovic and Material Mapper cofounder and CEO Ieva Sibilla Strupule in our next Sifted Talks.

The billion-euro M&A trend I Online I October 21 
Since the start of 2021, more than €1bn has been spent on acquisitions by European VC-backed startups. Join our upcoming Sifted Talks, in which experts from Silicon Valley Bank, Snyk and Bloom & Wild will dig deep into the billion-euro trend.

Sifted Members 

14 smart city startups to watch, according to VCs
How green is on-demand grocery?
Turkish tech investment surges 10x on year driven by megarounds
Six healthtech startup ideas from top healthtech investors
Flying, morphing and sun-powered — really futuristic cars are coming
Amy Lewin
Deputy Editor

Get in touch with her at amy@sifted.eu
Or tweeting @amyrlewin
Connor Bilboe
Editorial Assistant 

Get in touch with him at connor@sifted.eu
He likes sustainability stories.
What would you like to read about in the next email?
Send us your suggestions
Follow us on social
Facebook
Twitter
Instagram
LinkedIn
Copyright © 2021 SIFTED (EU) LTD, All rights reserved.
You are receiving this email because you opted in to our newsletters

Our mailing address is:
SIFTED (EU) LTD
Huckletree Shoreditch
18 Finsbury Square
London, EC2A 1AH
United Kingdom

Add us to your address book


Want to tailor what you receive from us?
You can update your preferences to manage your newsletter and report subscriptions, or you can unsubscribe from Sifted if you never want to hear from us again.

Key phrases

Older messages

Top green deals last quarter 🌳

Friday, October 8, 2021

Europe's AI recruitment bias problem | 14 smart city startups to watch View this email in your browser Hi Sifted Reader, Looking to relocate and enter the world of the digital nomad? In today's

Fantasy football, but for VC investing 💸

Wednesday, October 6, 2021

A new startup investing game | Gorillas is in trouble again | Why the Amazon aggregator industry could crash View this email in your browser Hi Sifted Reader, We've got a new columnist here at

Have purpose, get $$$ 🤑

Monday, October 4, 2021

Blockchain startups to watch | Is now CEE's golden crowdfunding moment? | The Olympian turned femtech founder View this email in your browser Hi Sifted Reader, Figures in Revolut's first gender

How green is speedy grocery? 🌱

Friday, October 1, 2021

The top startups in the creator economy | The working from home pay gap View this email in your browser Hi Sifted Reader, Lots of us have got used to our working from home routines, but new data shows

Startups are on a sponsoring spree 💸

Wednesday, September 29, 2021

N26's top director departs | What's the secret to innovation? | Corporates are jumping on the NFT bandwagon View this email in your browser Hola Sifted Reader, If you're going to a festival

We want to publish your story on Start it up

Thursday, October 21, 2021

9 writing prompts to inspire you to put pen to paper and share with us the importance of writing in your life. View this email in your browser Logo We want to publish your story Submission Call: Why Do

Serverless SaaS, Vaazo, Online Screen & Webcam Recorder, Hexane Technologies, and Pluddy App

Thursday, October 21, 2021

Build a SaaS product faster with Next.js & Firebase BetaList BetaList Daily Serverless SaaS Build a SaaS product faster with Next.js & Firebase Vaazo Web scraping and automation tool Pluddy App

20 business ideas that can replace a $100k salary

Thursday, October 21, 2021

+ new remote job opportunities ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Today's startups in 10 words

Thursday, October 21, 2021

10words.io Discover new apps and startups in 10 words or less Carefully: Give Care. Get Care. Exchange childcare with people you trust Warpdrive: Instant, shareable desktop automations for teams

How to impress investors during your fundraise

Thursday, October 21, 2021

Read actionable tips from VC Gale Wilkinson on the documents you need to fundraise, advice on pre-product market fit, and the State of VC. View in browser Not subscribed? Sign up here. seed report

Why Successful People Take 10 Years to 'Succeed Overnight

Thursday, October 21, 2021

There's a reason this 10-years-to-overnight-success pattern shows up over and over. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ the slice

You're invited to our Ecommerce masterclass,

Thursday, October 21, 2021

If you are having trouble viewing this email, click here. Hey , Have you always wanted to start and grow an E-commerce brand from scratch? One of the best ways to do that is by learning from someone

🗞 What's New: A Google Search game changer

Thursday, October 21, 2021

Also: Searches for "rage room" are soaring. Get in on the rage craze! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Raising $8M to build an AI-generated content SaaS

Thursday, October 21, 2021

Learn how to build a SaaS on a new market. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Microns: New Micro Startups For Sale 🚀 - Premium community

Thursday, October 21, 2021

Hola! How was your week? Today I am going to share my immediate plans about premium community for mic Ilya Novohatskyi Ilya Novohatskyi @ilyanovohatskyi Hola! How was your week? Today I am going to