Startup scene in Lithuania - weekly newsletter

Founders, friends and foes

Founders, friends and foes
Photo by Darya Tryfanava / Unsplash
"All good, thanks"
Lithuania Tech Weekly #57
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work in progress

rounds and capital


Did you know that your startup can receive free Amazon Web Services (AWS) credits to use their cloud services?

At the very beginning, resources are always scarce, and AWS is willing to make this path less bumpy for you by giving out up to $100,000 in free AWS credits throughout the startup’s lifecycle.

Interested? Cloudvisor, AWS Advanced partner and an official Scout of the AWS Activate program, can guide you through this journey. Fill in the form to learn more.


founder guides

insights

  • Understanding stock market? Don't bother, "the market is no longer driven by fundamentals—it’s driven by memes. No longer a metaphor, but a living structure—the stonk market." The Gamification of Finance
  • How will the Apple car look like? Let's start with the doors, if they'll use this patent.
  • Amazon ad revenue is $31bn in 2021 - roughly the same size as the entire global newspaper industry
  • Now Physical Jobs Are Going Remote Too

roleplay
(thanks for submiting - reply to suggest, especially early stage teams)

Whatagraph - Product Designer
DappRadar - VP of Engineering
Zyro - Customer Experience and Sales Manager
Neurisium (AI startup) - SDR
Synder - Influencer Marketing Manager
Women Go Tech - Product Director
Montonio - B2B Sales Specialist

ecosystem

  • When the ecosystem grows, it diversifies. One emerging field - PropTech - has just launched an association (release in LT), to support and inspire entrepreneurs in real estate, and related services.  

    Leveraging awareness and Lithuania's market as the perfect playground to develop and test PropTech products, they intend to x10 startups in this industry. Estimated around 30 teams are currently active.
  • There's only one direction in this grahp - up, and a good reminder that costs are not the factor of startup output, productivity is. Source

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Jamie Larson
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