Last week I got invited to check out the new Mintos office and talk to Martins Sulte. So of course I could not pass this opportunity to ask some inconvenient questions.
Very nice interview. And thank you for asking these questions to Martins.
The 4 guys you mentioned of 4Finance, just got a lot of money from their sale via Fatcat to Boyko. And this profit they seem to have used in many investments, for instance via Skillion into the founding capital for Mintos. However as Martins also states, they are not really there on the operational side, just the silent share holder. And they are like that in many other companies as well. That's why you see Aigars name in this branch quite a lot, who ofc has received good advice from his father Ivars on the business side. An older article with some info on the early times (2008 with SMScredit and Vivus) of these 4 : https://www.baltictimes.com/news/articles/32579/
Very nice interview. And thank you for asking these questions to Martins.
The 4 guys you mentioned of 4Finance, just got a lot of money from their sale via Fatcat to Boyko. And this profit they seem to have used in many investments, for instance via Skillion into the founding capital for Mintos. However as Martins also states, they are not really there on the operational side, just the silent share holder. And they are like that in many other companies as well. That's why you see Aigars name in this branch quite a lot, who ofc has received good advice from his father Ivars on the business side. An older article with some info on the early times (2008 with SMScredit and Vivus) of these 4 : https://www.baltictimes.com/news/articles/32579/