Startup Life/Podcast/ Why Robinhood tanked a crypto app’s valuation to re-enter the UK This week on the pod, we dive into the latest casualty of the crypto winter By The Sifted Podcast Team 21 August 2022 \Startup Life Which SaaS products are getting cut? By Tim Smith 22 February 2023 Startup Life/Podcast/ Why Robinhood tanked a crypto app’s valuation to re-enter the UK This week on the pod, we dive into the latest casualty of the crypto winter By The Sifted Podcast Team 21 August 2022 This week on The Sifted Podcast, we dive into the crypto slump — specifically how crypto exchange Ziglu had its valuation cut in half by its buyer, Robinhood. That means some Ziglu investors will lose 40% on their original investment, with one saying the startup’s directors “should be ashamed” for accepting the revised deal. We dig into what the companies are saying. In happier news, Barcelona-based startup Microverse doubled its valuation this week. It’s one of a growing number of programmes that use a model where students pay nothing to complete the course and repay their fees as a percentage of their salary once they start earning a certain wage. We chat to Zosia Wanat, our central and eastern Europe reporter, about tech talent in Ukraine. 91% of Ukrainian founders now need financial support, according to a new report. Then we stay with Zosia and discuss a story that came out last week — why startups suck at talking to governments. We ask, should founders be lobbying more? Finally, we talk to our reporter Kai Nicol-Schwarz about our latest community survey about mental health in startups. From burnouts to bro culture, we look at the data — and share our experience at Sifted. Find out on the Sifted Podcast. Listen here. Related Articles The future of work “soonicorns” By Miriam Partington in Berlin Click here to read more How to create the perfect homepage By Anisah Osman Britton Click here to read more How to beat the downturn, according to Europe’s CFOs By Miriam Partington in Berlin Click here to read more Europe’s fastest growing tech companies in 2021 By Freya Pratty Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?