Why Vinted moved into venture, with Milda Jasaitė

This week the Sifted Podcast comes to you live from Italian Tech Week, where Amy sat down with Milda Jasaitė, the head of second-hand marketplace Vinted's new investment arm: Vinted Ventures.

It's fairly unusual in Europe for a startup like Vinted, that's only been profitable for a couple of years, to launch a venture arm but, as Milda explains, it's a trend that's far more common in the US.

They discuss why a relatively young startup needs an investment arm and the kinds of companies that Milda is looking to back.

They also get into how being representing her nation as an ice hockey player makes her a better professional, what can be done to get more women into senior leadership positions and onto company boards — and how Lithuania's startup scene is shaping up.

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This podcast was brought to you by HSBC Innovation Banking, the bank built for innovation.