Viktor Hendelmann 
Executive Summary: Carousell is a C2C marketplace that enables people to either purchase or sell goods and services via its website and app. Carousell makes money from advertising on its platform as well as listing fees. The company operates on a marketplace business model. Founded in 2012, Carousell has grown to become the leading classifieds … Read more
Executive Summary: Vine was a social media platform that allowed users to upload and watch 6-second videos in a loop format. Vine shut down because it failed to support its content creators, due to high levels of competition, lack of monetization and advertising options, personnel turnover, as well as issues at parent company Twitter. Founded … Read more
Executive Summary: Plaid is a financial aggregator that offers an API, allowing other companies to connect to their customer’s bank account (as well as other financial institutions). Plaid makes money by charging a variety of fees for connecting and using its service. The company operates on a freemium business model. Founded in 2012, Plaid has … Read more
Executive Summary: Shpock is an online marketplace that enables people to buy and sell almost any item. The platform can be accessed via Shpock’s website or mobile apps. Shpock makes money from subscription fees, selling advertising space on its platform, as well as referral fees. Launched in 2012, Shpock has become one of the leading … Read more
Executive Summary: Depop is an online marketplace as well as a social media platform that allows users to buy and sell clothes. Depop makes money from transaction and payment fees as well as from allowing sellers to advertise on its platform. Founded in 2011, Depop has grown to become one of the most prominent fashion … Read more
Executive Summary: Quibi TV was an on-demand streaming application that focused on short-form video content. Episodes were around 10 minutes in length. Quibi, despite raising billions, had to shut down within six months of launching. Its content library was eventually sold to Roku for around $100 million. Quibi failed because it burned through too much … Read more
Executive Summary: Ripple is a developer of software for settling payments online as well as the creator of the cryptocurrency XRP. Ripple makes money by selling XRP, payment fees, profits from investments, as well as interest fees on loans. Ripple, founded in 2012, has risen to become one of the most prominent blockchain and cryptocurrency … Read more
Executive Summary: Binance is an exchange that allows users to buy and sell cryptocurrencies and other digital assets. It offers a variety of other products and services, such as an online education platform, cloud solutions, or collective crypto mining amongst others. Binance makes money from trading fees, interest on loans, spreads, fees from its broker … Read more
Executive Summary: BlockFi is a financial services company that offers a variety of products and services, such as loans or commission-free trading, to retail and institutional investors. BlockFi makes money via interest fees, withdrawal fees, spreads, sponsorship fees, crypto mining, as well as premiums collected from investments into other trusts. Founded in 2017, BlockFi has … Read more
Executive Summary: Quora is an online platform that enables users to ask as well as answer questions about thousands of topics. Quora makes money via text, image, and video advertising as well as from monthly or yearly subscription fees. The business model of Quora is thus reliant on advertising. Founded in 2009, Quora has grown … Read more