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,Β visit vcfamily.co
βIf you can, read books that teach you how to think, not what to think.β β Justin Kan, cofounder of Twitch & GP at Goat Capital
On the agenda:
π° Extra! Extra! Weekly news
π Fundraisings, acquisitions and IPOs of the week
π VC of the week: Pauline Roux
π Internship and job offers
π The Gift
π° Extra! Extra! Weekly news
π» Twitter changes its CEO! The co-founder of the social network, Jack Dorsey, has left his position as CEO. He wants to devote himself fully to his other company Block. The former CTO of Twitter, Parag Agrawal, will replace him.
β»οΈ Goodbye Square, hello Block. Square Inc, co-founded by Jack Dorsey (yes, the same man who left his post as CEO of Twitter), is changing its name to Block. The company owns Square, CashApp, Tidal and TBD54566975. The name is clear: it shows the group's interest in the world of blockchain and crypto.
π The Sandbox launched the Alpha version of its metaverse on Monday to a few hundred users. Several companies have already bought plots: Binance, Adidas and Atari. The project launched by two Frenchmen has seen its $SAND crypto increase by more than 200% in a few days.
π Uber is forced to leave Brussels. Uber's troubles continue: a Belgian court decision has declared Uber's activity illegal in the Belgian capital. On the one hand the company can appeal against this decision, on the other hand the city's taxi company has committed itself to hiring 600 ex-VTC drivers out of 2000. To be continued.
π SoftBank diversifies its investments. The Japanese giant SoftBank is investing in the metaverse Zepeto, owned by the company Naver Z. With 2 million active users, the metaverse has a particular focus on the fashion world. Luxury companies have already signed a partnership with Zepeto: Gucci, Ralph Lauren, and Dior in particular.
π Fundraisings, acquisitions and IPOs of the week
πΌ Jobandtalent (Series E) raises $575M : this temporary staffing platform matches workers with employers that need casual labor. With this round, the Spanish unicorn is now valued at $2.35 billion. Find out more here.
π° Thought Machine (Series C) raises $200M : founded in 2014, this London-based fintech provides cloud banking technology. The round led by Nyca Partners values this unicorn at over $1 billion. Find out more here.
π Carzam (early VC) raises $148M : this online platform allows people to sell their used cars and is just a year old. Find out more here. You can also check Motorway's fundraise, another English startup in the used-cars market that just became a unicorn.
⨠Find all the fundraising of the week from 500k⬠on this Airtable!
π VC of the week: Pauline Roux
This week we present you Pauline Roux, partner at Elaia, a European Deep Tech VC firm.
Pauline graduated from emlyon business school in 2008. Interestingly, working in corporate finance and investment banking led her to VC.
As a matter of fact before joining Elaia in 2014, she was an equity research analyst at Genesta Finance for 2 years and then a corporate finance associate at Bryan, Garnier & Co for 3 years.
She is now 100% invested in the VC world: Within Elaia, she is known for having an exciting track record with startups such as Elevo, icims (ex-Easyrecrue) or talent.io.
She has succeeded in establishing herself in the VC world:
In addition to her functions at Elaia, she is involved as a member of Invest Europe, and as a board member of France Invest.
Her expertise have led her to be featured in many rankings: In 2018 Les Echos mentions her in their list of 92 women to follow in Tech, Forbes mentions her in their ranking of the 50 women in tech Unmissable in France. In 2021, Sifted includes her in the list of Top VCs to follow on Twitter.
π 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.
Early Metrics - Technology Growth Equity / Investment Intern (Paris) π Apply here
Entrepreneur First - Programme Analyst Intern (Paris) π Apply here
Techstars - Investment Analyst (Paris) π Apply here
Bpifrance - Startup Analyst (Paris) π Apply here
π The Gift
π» Have you ever tried to copy a long coding text from a video ? Here is a tool that might save you some time.
π‘ Blckbox.ai is a Chrome extension allowing you to copy automatically the text of an image/video. Not convinced yet ? Here is an example.
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