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40m · May 3, 2021
Bolt: Markus Villig skipped university at 19 to take on Uber and become the youngest unicorn founder in Europe
Markus Villig was 19 when he decided to spend the $5,000 his parents had saved up for university on starting a business instead. His initial goal for Bolt, then called Taxify, was to solve Tallinn’s (Estonia) taxi problem. By 25 he was the youngest unicorn founder in Europe and had shown that Uber wasn’t going to win everywhere. Key takeaways Building his first company at 17 Starting Bolt in the face of Uber The hardest challenges he faced as CEO Scaling and fundraising Not diluting the company’s focus