Ep. 79: Building a commission-free betting exchange w/ Jacob Fortinsky from Novig
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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   This episode is brought to you by GeoComply, a leading provider of cutting-edge anti-fraud and geolocation solutions that detect location fraud and help verify a user’s true digital identity.
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