This is the Newsletter shared on the 1st of July. If you wish to receive newsletter faster, you can subscribe here: https://itnig.net/ ​

Dear tech entrepreneur,

We hope you didn’t melt after a really hot weekend! We brought some fresh news to fight against the thermometer.

Neobank startups seem to be the golden pot of entrepreneurship as we got yet another astonishing figure from Monzo, which doubled valuation to $2.5 billion. But fintech doesn’t have just one leg and Freetrade, the European Robinhood, raised last month £1M via Crowdcube at £18M valuation. They did it in 1 minute and crushed the site… and this week they have raised £3M at £42M valuation! That’s nuts!

This week we have brought the investor Ignacio Fonts (Inveready) to our podcast to discuss early stage investment. If you have a groundbreaking project, you can also apply to our fund!

– itnig’s team

Podcast #95: Investing in MÁSMÓVIL with Ignacio Fonts – Inveready

This week we’ve interviewed Ignacio Fonts, Managing Partner at Inveready, one of the first early-stage investment firms in Spain. This VC fund is especially interesting as they have pioneered in many fields successfully.

Inveready’s most notorious investment is MÁSMÓVIL, the telecom company that has become a superstar buying bigger companies like Yoigo. Ignacio opens up and explains some of the toughest situations of the company and how a VC firm can support in such hard times.

No doubt this is one of the most educational podcast so far!

View on YouTube | Listen on Spotify | Listen on Apple | Listen on Google | Listen on iVoox. And also in AnchorBreakerCastboxOvercast, and Stitcher.

New funding for startups 

Random tech news Satellite Antenna on Twitter Twemoji 12.0

Work with us Vulcan Salute on Apple iOS 12.2

Find out about more vacancies at itnig.net/jobs.
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W.

WHY YOU SHOULD CONSIDER A COWORKING SPACE FOR YOUR STARTUP

Your home office or a coffee shop won’t be enough!

Yes, we all know the tale about the guy who starts a small company in their garage or basement, has a brilliant idea and becomes the next Steve Jobs. It’s true, most successes have very humble beginnings. It’s also true that not all garage or basements are going to magically get you a successful business. They might work in the very (veeeery) early stages of your startup, but you can’t always meet a client at coffee shops, not to say your basement. 

A great, if not the best, solution is to find a coworking space. Coworking spaces have become very popular all over the world, either for freelancers or entrepreneurs and startups. 

Coworking spaces are not just big rooms with desks and chairs with high-speed wifi. The areas are made to be exciting places to work and improve your productivity.

As a startup, you need to find resources fast and affordably. More importantly, you’ll need motivation. This is why you should consider a coworking space. 

Here are some basic but amazing benefits from coworking spaces:

Community

Joining a coworking means joining a community.  Being surrounded by other entrepreneurs, freelancers and talented independent people is without doubt a one of the best features of a coworking.

Motivation is key when starting a new project and trying to develop your own business. The road will get though and you’ll appreciate other entrepreneurs’ vision and support! Other workers’ feedback can be very useful to improve your service/product before trying to sell it to the world. 

Networking, networking and…networking!

As a startup, you’ll be looking for networking opportunities. Most coworkings host professionals from different kind of industries, which can open up many doors for you and your business. Not all coworking spaces are about networking, some of them prefer to have a quiet individual work environment, so as a startup you have to make sure to choose a coworking with networking opportunities.

At Itnig, for example, we love to share ideas and support other entrepreneurs. Don’t be shy, some of the other coworking tenants can bring great business opportunities, or even become new clients (and friends)! 

Budgetfriendly

As entrepreneurs (or people for that matter) it’s very important to understand the importance of money, more specifically: budget. Tight budgets call for smart spending. Coworkings are usually budget friendly, most of them offer different membership options depending on your startup’s needs and budget.

Amenities 

A coworking provides you with everything needed to be as productive as possible. High speed internet connection, printers, conference rooms and COFFEE. Some coworkings even plan afterwork activities and events to make it all more fun! As a startup, a coworking space is your best chance at having all the basic amenities but also the fun ones, like a ping pong table or a nice chill out terrace. 

Happy clients

As you grow and have more clients, it can get messy if you keep meeting them in coffee shops. Coworking spaces offer office services such as conference rooms. That way your meetings will be more professional and comfortable for everyone. 

Barcelona is a city full of coworkings of every kind! Our Itnig community keeps growing, we now have up to 20 startups such as Andjoy, Classlife, Factorial and Freeverse, all under the same roof. We have afterwork activities and we also plan different kinds of events open to anyone interested in marketing, tech stuff, entrepreneurship and design. Our space is about 2.100m2 with up to 800m2 of conference rooms, events space, ping pong and fun activities. 

There’s also  wifi, endless coffee and talented people. Join us!