Bets often have unintended consequences. In the late 1990s, a Dutchman named Arjan Bakker came to Poland after losing a bet whose stake was a trip to the country. But he fell in love with Poland, decided to stay and started a business. One day he came up with the

In 2007, Estonian management consultant Kristo Käärmann moved to London to work for Deloitte. Kristo still had a mortgage back in Estonia and every month had to send money from a British bank to his Estonian account to cover the payments. And every month, the bank charged him about 5%

In August last year, Klarna raised $460 million at a $5.5 billion valuation to expand its presence in the United States. Two days ago, Reuters reported the Swedish company is targeting another $500 million raise, this time at a $10 billion valuation: Swedish payments firm Klarna is in talks

This post was co-written by Pauline Guého from Heartcore Capital and me. It’s our attempt to understand the rise of Gymshark and how they managed to become a billion dollar company with no outside funding until now.A few weeks ago, Gymshark raised £200 million pounds from General Atlantic

Almost 100 days ago I challenged myself to do a daily thread on something going on in European tech, and for every miss I would donate $100. It was a forcing function to learn more, get myself out there, and increase my production cycle from weekly (this newsletter) to daily

Cazoo, a company that enables customers to buy a used car online and get it delivered for free “in as little as 72 hours” raised £25 million, turning it into a unicorn in record time. From Sifted: Cazoo, the used car marketplace, has become the UK’s latest billion dollar

It's been a busy pandemic for Jitse Groen. Weeks after Takeaway closed an $8 billion deal for Just Eat and became Just Eat Takeaway (JET), Jitse got to work and acquired Grubhub. From the Financial Times: Just Eat Takeaway, the European food delivery app, has agreed to acquire Chicago-based Grubhub

This is a free preview of a Premium Member only post. If you want to read the full article consider subscribing for €10/month or €100/year. In the late 1990s, equity investor John Muse from Hicks Muse Capital was invited by legendary professor Jack McDonald to speak to the

One of my hobbies is identifying interesting opportunities and fast-growing companies. I even keep a list of the major industries and some interesting companies to invest in. But I’m usually interested in early stage deals. I don’t think late stage investing is as interesting, or that I have