Founding Partner @astorya_vc | #earlystage #insurance #Europe | Never gives up on a ❄️ powder day! ⛷🏄🏼‍♂️ | ex-cofounder @EulerHermesDA

Paris | Grenoble | Warsaw
Joined April 2012
What happens when the VC market is frozen ? Well, I had a look at every InsurTech startups that announced a round in 2021 (i.e. 18-24 months ago) and how their teams have evolved. In average the have downsized their teams by -15.5%.
Here we are in the European InsurTech scene too 📉 The drop in VC money is eventually having an impact on startups' teams. And there are two patterns spotted among Series A / B startups : 1) those that had no other choice have removed employees (the pattern is ~20%) ; 2) the most performing and / or those that raised money more recently have rather stopped new hires. In both cases that's what we spotted in the US tech market last year. (Source: LinkedIn. Note that the scale is not the same on the two charts and I removed raw figures to avoid spotting which startups they are coming from, as the idea is to illustrate a pattern rather than highlight X or Y player)
4
1
13
2,659
Here we are in the European InsurTech scene too 📉 The drop in VC money is eventually having an impact on startups' teams. And there are two patterns spotted among Series A / B startups : 1) those that had no other choice have removed employees (the pattern is ~20%) ; 2) the most performing and / or those that raised money more recently have rather stopped new hires. In both cases that's what we spotted in the US tech market last year. (Source: LinkedIn. Note that the scale is not the same on the two charts and I removed raw figures to avoid spotting which startups they are coming from, as the idea is to illustrate a pattern rather than highlight X or Y player)
1
13
2
16
6,887
Dans moins d'un mois (5-6/10) retrouvons nous à Niort à l'occasion du INNN Le premier évènement 100% #InsurTech en France Que vous soyez corporate, fournisseur de tech ou startup, c'est l'occasion d'interagir avec la scène #AssurTech sur l'innovation dans l'assurance #FinTech
1
8
8
Jan Kastory retweeted
1/14 How an ordinary Russian TV viewer (one of whom I currently am) sees it. I learned about the monstrous events in Bucha yesterday morning from the news that Russia was convening the UN Security Council in connection with the massacre by Ukrainian Nazis in Bucha.
829
13,493
2,201
41,750
Ukrainian mothers are writing their family contacts on the bodies of their children in case they get killed and the child survives. And Europe is still discussing gas.
4,874
63,448
8,999
227,385
Do you remember when you joined Twitter? I do! #MyTwitterAnniversary
Jan Kastory retweeted
WTF is happening in Germany? I guarantee none of these cars would be in a drivable condition if this took place in Poland... – at Krynki, Polska
180
313
52
2,608
Enjoy russian art, it kills. #RussianWarCrimes #GenocideOfUkrainians
1
16
1
37
For those surprised by pictures from Bucha, a little 🧵 1570. Ivan the Terrible terminates autonomy of Veliky Novgorod. Women and children were massacred, churches burnt and looted. About 20 thousand people died, numerous were deported. Following famine did the rest.
171
2,541
709
5,587
Jan Kastory retweeted
Let's meet today at #InsurTechInsights in the UK 🇬🇧, we'll moderate a startup pitch session, and discuss how technology could help incumbents revamp the claim process around climate risks. #InsurTech #FinTech 🎟️ Join us: buff.ly/3I8NqaA
2
13
"The worst business model ever created was rapid grocery delivery" 😂 edition.cnn.com/2022/03/11/t…
1
2
10
Mariupol. Direct strike of Russian troops at the maternity hospital. People, children are under the wreckage. Atrocity! How much longer will the world be an accomplice ignoring terror? Close the sky right now! Stop the killings! You have power but you seem to be losing humanity.
7,281
36,289
7,052
101,444
Jan Kastory retweeted
The Budapest Memorandum, signed and now breached by Russia, covered this already. Hence the mistrust. en.wikipedia.org/wiki/Budape…
1
1
9
Marki, które wciąż działają w Rosji; Oni wybrali, Ty też możesz Auchan BASF Bayer Bosch Burger King Henkel KFC LG Nestle McDonald's Metro AG Miele Pepsico Pirelli Starbucks Stellantis Swatch – at Warsaw, Poland
292
1,260
91
3,208
This was the week when over 100 million Poles, Ukrainians, Romanians, Lithuanians, Latvians and Estonians shouted at the West "We told you so!"
51
501
12
2,430
Just had a chance to ask a question to @BorisJohnson
This quoted post is unavailable.
3,864
13,342
1,801
71,491
New (to me) dimension of crowdwork platforms: Russian military uses Premise microtasking platform to aim and calibrate fire during their invasion of Ukraine. Example tasks are to locate ports, medical facilities, bridges, explosion craters. Paying ¢0.25 to $3.25 a task.
94
1,768
902
4,475
Jan Kastory retweeted
The Ultimate SWIFT and Russia Sanctions explainer You've probably been reading lots of people explaining SWIFT, but most explainers miss some key details like 👇 1. SWIFT is not a payment system. SWIFT is a messaging system (like email) used by 11,000 banks in 200+ countries
40
711
65
1,986