Building the Shopify of the circular economy, shaping the future of commerce and raising 8M€ from Finland - Tuomo Laine (Twice Commerce) - S2 Ep9
Welcome to this new episode of Explore! 😎
For those of you that have been here since the beginning, 1000 thanks, and welcome to the newcomers who have joined us in recent weeks. I receive a lot of encouragement on LinkedIn, the best way to send me some love is to follow this podcast and give it 5 stars. It will allow others to discover it. 🙏
In this episode I sat down with Tuomo Laine, the founder and CEO of Twice Commerce, a commerce platform for the circular economy, where you can sell, rent, and resell your products. We discussed Tuomo's journey from being a founder in a corporation to failing in his first startups and pivoting to a new idea. We talked about financing the company, teaching to students to become a better CEO, founding a company with 3 tech co-founders, providing solutions to solve for climate change, his vision for the next 5-years, how he raised 8M€ and much more!🚀
Have a great episode!
*****
Thanks to our sponsor OpenVC.app! 🔥
Use the code "EXPLORE" to get a lifetime 20% discount on their premium membership.
Learn more about Explore: LinkedIn, Newsletter, Website.
Learn more about Tuomo and Twice Commerce.
*****
Timestamps:
00:00 Introduction and Background
05:38 Learnings from Corporate Experience
09:13 Lessons from Failed Startup
12:37 Starting Twice Commerce
21:30 Skills and Expertise for Building Twice Commerce
24:46 Financing the Company
26:35 Early Product Development and Customer Feedback
31:19 Challenges of Subscription and Rental Models
33:23 Contributing to Sustainability and Impact
36:42 Examples of Customers Leveraging the Platform
44:00 Going Global from Day One
45:33 Business Model and Key Metrics
49:17 Future Vision and Advice for Entrepreneurs
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit explorepodcast.substack.com
