article thumbnail

Sweden-based digital bank Northmill raises $30M

TechCrunch

As it stands, 2006-founded Northmill is available in Sweden, Norway and Finland, where it competes with incumbent banks with physical branches and the likes of Lunar, Revolut and Klarna (which operates as a bank in its home country of Sweden, and Germany). Next stop, Norway.

article thumbnail

Why Draper Esprit doubled down on its status as a publicly listed VC

TechCrunch

Stuart Chapman: I co-founded Esprit with Simon Cook back in 2006, and after a 10-year journey of raising conventional funds, we were coming to the point of raising our fourth fund. In a perfect world, the answer is no, because realizations equal investments, so you are self-sustaining.

VC 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Rake Too Far: Optimal Platform Pricing Strategy

abovethecrowd.com

High rakes also create a natural impetus for suppliers to look elsewhere, which endangers sustainability. High volume combined with a modest rake is the perfect formula for a true organic marketplace and a sustainable competitive advantage. In 2006, Benchmark started spending time with Gary Swart and the team at oDesk.

strategy 101
article thumbnail

Software Engineer Turned Youtuber – Jarvis Johnson

Y Combinator

Jarvis Johnson [00:23:38] – Yeah, I think it’s just healthier because the point that I was getting at with that, is I hit a breaking point where I was like, this is no longer sustainable, because I don’t see my friends, or anything like that. Jarvis Johnson [00:54:57] – Yeah, that was like, 2006, 2007.