Dealing with a chip on your shoulder: Martin Schrimpff, Kocomo
Dealing with a chip on your shoulder: Martin Schrimpff, Kocomo

Dealing with a chip on your shoulder: Martin Schrimpff, Kocomo

veemanlee

68 min
Business & Finance
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<p>From a young age, <b>Martin Schrimpff</b> was always looking for entrepreneurial opportunities, whether that was selling chocolate or doing raffles at school. His first official business, though, was founded right after university: a software development company called <b>Sirius</b>.</p><p>It was at Sirius that Martin and his partner were asked to build a payment system for a friend&apos;s company – &quot;something like PayPal for Colombia,&quot; he said. They had never heard the name &quot;PayPal&quot; before, so Martin looked it up, only to find out it had been recently sold to Ebay for 1.5 billion dollars. His first thought? &quot;If they can do it, so can we!&quot;</p><p>The mix of ambition and naiveté originated <b>PayU</b>, which became a global business and was eventually acquired by <b>Naspers</b> at a 1 billion dollar valuation. But Martin never stopped founding companies after the exit. Later came other successful startups like <b>Zinobe</b>, <b>Centeo</b> and, most recently, <b>Kocomo</b>: a transparent marketplace that empowers people to co-own their dream vacation homes.<br/><br/>Stick around to learn:</p><ul><li>The two most game-changing moments for PayU</li><li>How his experience bootstrapping compares with starting venture-backed companies</li><li>His thoughts on founder-market fit</li><li>The backstage of Kocomo&apos;s recent pre-seed round of $56M</li><li>And his advice on fundraising to early-stage founders</li></ul><p>Starting something new?<br/>Apply at <a href='http://apply.latitud.com/'>apply.latitud.com</a></p>

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