
E92 - Kristo Käärmann, TransferWise
Open the Pod Bay Doors
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Early Fundraising and Company Evolution
This chapter details the initial fundraising efforts of a financial technology company, starting with a $1.3 million seed investment in 2012 and highlighting the importance of bootstrapping. It explores their growth trajectory, the significance of funding rounds, and the strategic decisions around secondary share sales versus an IPO. The discussion also delves into the evolution of co-founders' roles and the imperative of aligning employee equity with company success.
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