The Pursuit of Scrappiness #42 "Year in Review Pt 1/2" The 2021 Fundraising Boom in Baltics, Life & Markets after Covid and Potential of Metaverse with Jone Vaituleviciute π±πΉ , Toms Niparts π±π» and Eerik Oja πͺπͺ
Welcome to the 1st part of the Pursuit of Scrappiness 2 episode Christmas Special. Janis and Uldis are joined by previous star guests Toms Niparts from Jeff app (full interview in Episode #1), Eerik Oja from Planet42 (Episode #3) and Jone Vaituleviciute from Startup Wise Guys (Episode #20) to discuss the events in 2021 and make predictions about 2022.
In this episode we talk about the Baltic fundraising boom of 2021 and the most impactful stories that we witnessed. We also discuss the sustainability of the pandemic increase in digital adoption and itβs biggest benefactors. Finally we talk about the metaverse and why major global brands are rushing to embrace it.
The topics covered in this episode with Timestamps
[04:10] - ON THE BALTIC FUNDRAISING BOOM
- Global investors joining the hunt for Baltic startups
- Foreign founders moving to the Baltics and building successful companies
- Cross investments between founders and Baltic countries
- Cash-outs on Series A for founders and team
- How do active founders do angel investments
- Impactful rounds besides the biggest ones
[21:10] - ON PANDEMIC BOOMS & BUSTS AND LIFE AFTER COVID
- Why are big pandemic boom stocks busting
- Last-mile/food delivery startups bubble
- Market overreaction during the pandemic
- Under-reaction of the air travel industry - why is it not innovating?
- AI note-takers
- Digital adoption during the pandemic - is it permanent increase?
[31:30] - ON THE METAVERSE AND CRYPTOIZATION OF BIG TECH
- What is the Metaverse?
- Facebook using the Metaverse as a distraction from its problems
- Why are the big brands jumping on the Metaverse and NFTs?
- Hands on NFT buying experience
- Players in the Baltics that are well positioned to make it in the Metaverse
Find out more on https://www.pursuitofscrappiness.co/
Support for this episode comes from Nexpay > https://paynexpay.com/
Support for this episode comes from Venetor > https://www.venetor.co/
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