2020 will be remembered as an extremely difficult year.
For many people, the past year will have been a year of health problems, loss of jobs, loneliness, anxiety. Many companies are struggling to survive and are trying to adapt to changes in their business.
For once, the Tech sector is on the right side of an economic crisis. We, VCs, are aware of the opportunity that is ours, and the responsibility that this gives us in such difficult times.
The good news is that we are in a good position to see that there is enormous hope for the future. Men and women are working tirelessly, every day, to try to reduce the digital gap in our societies.
We, at XAnge, are firmly convinced that it is our duty to support them. We have been doing it for a long time (hello Believe, Synapse, La Ruche Qui Dit Oui!, OuiHelp, 360Learning, Prestashop, …) but 2020 is the year of increased awareness.
Before digging in this abnormal year, here is what we plan for 2021.
Humans (re)discovered that they are more vulnerable than ever, be it through a sanitary crisis or from the consequences of the spreading of disinformation and, at Xange, we are fiercely techno-optimist.
In the last 30 years, technology has made huge progress in many sectors impacting people’s personal life and work. As a VC, we actually have the opportunity to promote technology for positive purposes and for as many people as possible. This is why we are redirecting our investments towards projects that will serve as many people in their daily life.
2. 2020 is also for many startups the year of confirmation by attracting the trust of great new co-investors.
3. Oh, and what about exits ? On this side too, things are starting to go faster and faster here. Good news for the ecosystem and entrepreneurs :
4. Going one step further in the Impact game.
Launched at the end of 2020, our new €100M Impact fund in partnership with la Mutualité Française and Investir&+ will have a clear focus on care and prevention.
XAnge, through its various funds, invested very early in impact startups such as microDON, La Ruche qui dit Oui, Amoeba, or more recently OuiHelp, AssoConnect and Wandercraft. On the strength of this experience, XAnge has built up a know-how in supporting this type of company and has developed a rigorous methodology for measuring the impact thanks to the creation of a significant deal flow.
5. And last (but not least), we continued to produce content to help our startups grow, the ecosystem to grow, even in times of pandemic.
Come on, just a few links out there, because after all, it’s quite some work, isn’t it Pauline Paquet ? 😉
How to scale Customer Success Management
Everything on the Chief Revenue Officer
Secret recipe for crafting great B2B brands
How the XAnge family is mobilised during COVID
And more HERE.
To all of you, Have a great year ! Let’s be bold, everything will be fine…