Lisbon, Berlin In Europe’s start-up scene, the balance of power between founders and investors has turned. How much, Nicolas Julia recently experienced impressively. When Julia wanted to open a presentation on the financing round for his blockchain company Sorare, he was stopped immediately, the Frenchman reported on the sidelines of the Lisbon web summit conference. “No, no,” the investor said to him in a hurry: “we show you our Pitch deck. “
In 2021, founders like Julia will no longer have to look for investors. You can choose which ones.
Sorare is just one of many hyped startups in a hot market. Apart from start-ups, investors hardly find any return opportunities. That gives founders bargaining power – and drives funding amounts and valuations to ever new heights. Julia’s platform for digital football cards is valued at 3.7 billion euros. 581 million euros came together in the second major financing round in September. Up until now, no European start-up had managed this so quickly.
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further