Episode 90
Ep. 79: Building a commission-free betting exchange w/ Jacob Fortinsky from Novig
August 22, 202340m 11s
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Show Notes
Ep. 79 features Jacob Fortinsky, co-founder & CEO of Novig, a commission-free sports betting exchange.
Hear him discuss:
- Why he thinks “that the fundamental business model of this industry is broken and untenable.”
- Why he believes that a commission-free exchange is the future of betting
- Learnings from Novig’s recent beta product rollout, which will launch in CO this fall
- His experience taking Novig through YCombinator last year (which remains the only betting company to go through YC!)
- Today’s announcement about raising $6.4m from Lux Capital and a who’s-who of Silicon Valley investors
- His contrarian decision to not raise capital from industry investors
- Why he has a "chip on his shoulder", and how he deals with skeptics
Learn more 👇
➡️ Novig website
➡️ Novig on Twitter
➡️ Jacob Fortinsky on Linkedin
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