Ep. 79: Building a commission-free betting exchange w/ Jacob Fortinsky from Novig

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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