In 2020, Warsaw's startup ecosystem is 'a place to observe carefully'

These VCs said they are seeking opportunities in the “digital twin” space, proptech and expanded blockchain tokenization inside industries.Investors in Central and Eastern Europe are generally looking for the same things as VCs based elsewhere: startups that have a unique value proposition, capital efficiency, motivated teams, post-revenue and a well-defined market niche.Out of the cohort we interviewed, several told us that COVID-19 had not yet substantially transformed how they do business. A company with unique value proposition to its customers, deep tech component that provides competitive edge over other players in the market and a founder with global vision and focus on execution of that vision.Which areas are either oversaturated or would be too hard to compete in at this point for a new startup? Some markets seem to be more challenging than others due to immense competitive landscape (e.g., food delivery, language-learning apps) but still can be the subject of disruption due to a unique value proposition of a new entrant.How much are you focused on investing in your local ecosystem versus other startup hubs (or everywhere) in general? OTB is focused on opportunities with links to Central Eastern European talent (with no bias toward any hub in the region), meaning companies that leverage local engineering/entrepreneurial talent in order to build world-class products to compete globally (usually HQ outside CEE).Which industries in your city and region seem well-positioned to thrive, or not, long term?