Newsletter #10 ✨
Reddit going Public, New VC fund launched by women for women, La Belle Vie raises 25M€...
Hi everyone and welcome to vc family!
The inclusive way to break into Venture Capital. We are Junior VCs sharing what they learn on the go. Our goal is simple: Open the doors to Venture Capital.
Every Friday, you will find us in your email box with the news of the week in Venture Capital, the latest fundraisings and acquisitions, internship and position offers, the portrait of a VC and many others. For more information about us, visit vcfamily.co
“It is not the path that is the difficulty, but the difficulty that is the path.” - Sören Kierkegaard
On the agenda:
📰 Extra! Extra! Weekly news
🚀 Fundraisings, acquisitions and IPOs of the week
😍 VC of the week: Juliette Mopin
🔎 Internship and job offers
🎁 The Gift
📰 Extra! Extra! Weekly news
📈 Reddit is going public ! The website that is valued at 10 billion dollars secretly filed for an IPO. The platform allows users to discuss their interests through threads and generates revenue from advertising.
🕵️♂️ The Cnil strikes Clearview AI. The French data agency has ordered the company to delete french user’s data within a two months deadline. Clearview AI is a facial recognition company that offers to its customers the possibility to look up any face. It has been collecting data from pictures and videos posted by people on social media.
🛵 Lime removes its electric motorcycles from Paris. The start up has decided to remove its fleet from the French capital leaving the motorcycle sharing market to other peers like Cityscoot
👟 Adidas’ first line of NFTs : Into the Metaverse. Adidas has just launched a line of NFTs. Buyers will be able to have exclusive adidas accessories on The Metaverse. This comes after Nike’s purchase of RTFKT a start up that will allow the fashion giant to create its own virtual sneakers.
💸 Leia Capital : the fund that invests in woman founders. So far, women have been underrepresented in the French Tech’s funding rounds. This new VC fund was launched by 14 business angels earlier this months and aims to support women entrepreneurs.
🚀 Fundraisings, acquisitions and IPOs of the week
👨💻 When I Work raises $200M: The company allows employees to clock in and out of work, sign up for work shifts, communicate with management, etc. The $200M came from a single investor, Bain Capital. When I Work now claims to provide its solution to 10 million workers and 200,000 companies.
👩⚕️ Found (Series B) raises $100M: The American company offers a subscription and an app to help its customers lose weight. Through professional and scientific advice, Found wants to help people lose weight on a daily basis: sleep, diet, sports, etc. The round was led by WestCap, followed by funds such as The Chernin Group, G9 Ventures and Able Partners.
🥙 La Belle Vie (Series B) raises €25M: More than a year after raising €11 million, French start-up La Belle Vie has announced a new round of financing for a total of €25 million. Specialising in home delivery of food shopping in Paris and its suburbs, the company has just launched a "quick commerce" branch to counter the arrival of new players (Gorillas, Flink, Cajoo) and deliver in 15 minutes. La Belle Vie also aims to set up in 8 cities.
✨ Find all the fundraising of the week from 500k€ on this Airtable!
😍 VC of the week: Juliette Mopin
This week we present you Juliette Mopin!
Juliette graduated from the University of Paris-Dauphine and LUISS Guido Carli and started her career at Microsoft. She then worked as a Business Developer for the NUMA accelerator in India and more recently was part of the STATION F team, where she managed the community of investors present on campus and participated in the selection of startups for the Founders program.
Juliette joined ISAI in 2018 as an analyst in the Early-Stage VC team, in charge of the seed program.
And because VC doesn’t have to be always so serious, Juliette doesn’t fail to share with her followers on Twitter anecdotes encountered in her daily life as an analyst with a great sense of humor. And it is not a secret that her love language is gifs and emojis.
🔎 Internship and job offers
Soon you will find a complete section to find job and internship offers in Venture Capital, automatically scrapped and available directly on our website.
ISAI - VC Analyst Intern (Paris) 👉 Apply here
Eurazeo - VC Analyst Full-Time - Focus Smart City (Paris) 👉 Apply here
BpiFrance - VC Analyst France & Europe (Maison Alfort) 👉 Apply here
Serena - Operating Analyst Intern (Paris) 👉 Apply here
🎁 The Gift
🎬 Make your own gifs in two clicks with Chrome Capture !
Chrome Capture is an extension on Google Chrome that will allow you to generate gifs from what you have on your screen. Thus, you can for example illustrate problems and explain processes to your team or customers more easily. (Yes, we used it to make the gif above! 😉)
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