@Trace_Cohen I think that few of them have received much cash to date : « The transaction amount reaches 500M€. According to a source close to the matter, about 1/3 is composed of cash and stock exchange, while the rest is contingent upon BeReal achieving certain targets (# user, profit..) »
@BoredAnalyst_ @Hellpn1 Entrepreneuriat = 10x plus difficile et prenant mentalement que faire du M&A/PE. En raisonnant purement gain d’argent, bcp plus ev+ d’aller en banque ou fonds.
Mid/growth stage venture market showing signs of life:
* seeing $50M Series B rounds like Warp or Render
* anecdotally in my portfolio, two preemptive Series Cs just happened at Pigment and Synthesia
* AI-fueled public market performance and Cava IPO probably helps sentiment
How annoying are the French trying to out-American the Americans at truly American things, first a monster VC round for a startup based on a 7 page memo, now the top spot on the NBA draft