Rando Rannus

General Partner at Siena Secondary Fund

[Rando Rannus @randorannus]

This is massive!

[Markus Villig @villigm]

Trivia of the day – more than 1% of all card payments in Europe are now done with Bolt.

[Rando Rannus @randorannus]

A long waited news from two successful #Estonian #startups https://t.co/DHt8aufup7

[Rando Rannus @randorannus]

Good content alert: today at 2pm will run a workshop together with @jussiheinila at Arctic15 Events about #exits & #secondaries
If you are around in Helsinki, just jump by...
#insights

[Rando Rannus @randorannus]

It was a nice #firesidechat during Latitude59 Investor Day... Hopefully good #insights also for the audience. https://t.co/n3H9a9u58v

[Rando Rannus @randorannus]

#SienaArtTour in full motion... https://t.co/g4OqQEWXTz

[BalticVC @BalticVC]

Estonian Siena Secondary Fund has acquired a stake in #Polish company @BooksyApp, which provides #SaaS-based software for #beauty salon owners. The amount of the #investment is undisclosed, but according to the fund, the deal size is in its "sweet pot" (optimum size), which varies from €1M to €2M.

The acquisition of a stake in Booksy was the first investment by the Siena Secondary Fund in Polish companies. "We believe Booksy has what it takes to be the next Polish unicorn," said @randorannus, partner at Siena Secondary Fund.

The Booksy application helps to book and pay for various cosmetic procedures. Beauty salons and hairdressers can manage bookings, payments, and customer base using the integrated Booksy Biz application. The platform also allows salons to sell other products via Booksy.

Founded in 2021, Siena Secondary Fund is based in #Tallinn. It provides liquidity for early investors, founders, and employees of growth startups from the "New Nordic" (Baltics & Scandinavia) region. The fund targets companies that are usually post-series A, have a solid business model, and are still in a high growth phase.

#Estonia #TechnologyNews #tech #TechNews

[Solid World @solidworldhq]

1/7 Today is the day! Solid World is excited to announce the launch of our inaugural CRISP-scored liquidity pool on @0xPolygonLabs, a game-changing initiative set to transform the landscape of the Voluntary Carbon Market. 🌍🚀

[Rando Rannus @randorannus]

Next Friday will take place the 1st #SienaArtTour
If you are bored at Latitude59 conference or just have a "blue Monday" after long party on Thursday - take time off and come and see some cool #art https://t.co/4mOxJdzCUG

[Rando Rannus @randorannus]

Good to see that another corporate is opening its doors for #startups and supporting them with their know-how and industry expertise. Startup Wise Guys Tehnopol etc - take a look and share within your community... https://t.co/6XDCcpP7A3

[Rando Rannus @randorannus]

#techchill2023 in action.... Thanks @rkulbergs for the invite and @contactsven for the picture https://t.co/dkAHaewjRU

[Rando Rannus @randorannus]

Tbh, I was not planning to go to TechChill this year, but when a good friend @rkulbergs from https://t.co/UTTjjEse9f invited me to be on stage with him and discuss about #founders as #investors it was hard to say no. Hence, if you happen to be in #riga th…https://t.co/9QEjrO1O7l

[Rando Rannus @randorannus]

Good overview by Marc Penkala about #VC #secondary market and why it is #hot at the moment... https://t.co/i8pCrteTTG

[Rando Rannus @randorannus]

Dr. Dorothy Kelso asked a few questions and I took the time to answer. Here is the result in a short 5 minute interview format... https://t.co/JVBOX7lfuZ

[Rando Rannus @randorannus]

There are a few reports that are worth of reading through. This one got my attention - both from the design, but also from the content perspective. https://t.co/zFukEWeDMJ

[Rando Rannus @randorannus]

Two fugitives are this week in #Tartu. Catch them if you can! 😉 https://t.co/AILgY3FwAX

[Rando Rannus @randorannus]

That`s a very good #advice for early stage #startup #founders... https://t.co/cscudHYAcE

[Rando Rannus @randorannus]

Great insights from Change Ventures regarding Baltic startup funding landscape... https://t.co/6T2fytGNtY

[Rando Rannus @randorannus]

The funding cycles for startups are getting longer.... However, the real question is what is the cause & effect relationship here? Is it because it is harder to #fundraise? Or #startups are extending their #runway and getting close to #breakeven? https://t.co/LbMkeHbGT0

[Rando Rannus @randorannus]

Here are some good data about discounts of startup shares - we have moved from paying premiums (+5%) to deep discounts (ca 40% on average). #secondaries https://t.co/D41BSo2sMm

[Rando Rannus @randorannus]

Here`s a short recap of what we achieved in #2022 Can`t wait to see what #2023 will bring to us... https://t.co/CBhpk5bVFW