No smooth ride in the journey to launch Bolt – Financial Times
Markus Villig started Bolt, the Tallinn based ride-hailing company in 2013 when he was 19. Seven years later, his company is worth €1.7bn.
It has not been a smooth ride. Villig launched the app on a €5,000 budget and kept going when investors were telling him to give up, as Uber was raising billions of dollars. He says that getting the ride-hailing company off the ground “was probably the toughest six months I ever had”.
The company survived the early months because its team “had so much conviction…
