INSIGHT #5: Lessons from Bolt’s Founder on Maintaining Frugality at an $8.4B Valuation + Tips on Managing ROI of Operational Activities During Explosive Growth
- Author
- Uldis Teraudkalns & Janis Zeps
- Published
- Thu 03 Oct 2024
- Episode Link
- None
This is an insight from our previous conversation on the frugal culture that has helped the company grow into a unicorn. This was recorded during the fundraising craze when profitability was not a VC expectation across the board, but now it is:
- How to remain frugal after raising hundreds of millions
- Practical tips for measuring ROI of different activities
Martin Villig is a Co-Founder of Bolt, one of the most widely known Estonian unicorns and a global leader in modern mobility. Martin has been an entrepreneur for more than 20 years and is an integral part of the Estonian startup community. In recent years, he has been especially active in social impact projects with such initiatives as coding school kood/Johvi and the Good Deed Education Fund for solving acute problems in the education sector.
Listen to the full conversation with Martin here on Episode 44:
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