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We believe that local businesses are a key part of a sustainable society, a resilient economy and thriving communities.
Local businesses have many great impacts:
But in the era of fully-fledged globalisation, what is 'economic" has become a little bit absurd. Fish from Europe are flown to Asia to be deboned, then flown back to Europe to be sold. England and Australia recently exchanged 20 tons of bottled water, just with each other. (excerpt from the book Local is our Future, Helene Norberg Hodge)
But now that we are experiencing many crises at once - climate, economic, military - no one is as enthusiastic about globalisation as before. However, thanks to exponential technologies like the internet, 3D printing, AI, blockchain, etc. we can finally produce and distribute most things locally. Although the world will still remain global, but in the sense of connectedness and sharing. Think globally, act locally!
We’re no half-baked potato, which started during the pandemic. We’ve been creating solutions for local businesses since 2013 when we developed one of the first online reservation systems for restaurants. Later we were acquired and our team joined Storyous and helped to move it from 10k to 1mil MRR and made Storyous one of the most successful POS in several countries (acquired by SaltPay / Teya). Patrik, as Head of Product there, reached out to tens of restaurant owners, and realized that many of the owners don't care about POS qualities if they don't have enough customers! So we started with LocalHeroes - an easy-to-use marketing tool for local businesses, but we didn t find product-market fit. But based on hundreds of interviews and feedbacks from local business owners, we finally came up with the idea of Colocals.
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We are an international team with many years of experience in building digital products and startups through different companies. We have experienced some successes and some fuck-ups too:) Even though it s a challenging mission, now we’re ready to build a great platform and help the world to be a little bit better place:)
Creating B2B products and startups that have been used by thousands of companies for over 10 years. #ai #web3 #sustainability
Leading successful sales teams in corporations, but last years also in startups for more than 10 years.
Building sites & apps from the first line of code all the way through to configuring their cloud architecture for over 10 years.
Managing a 1.2 billion portfolio at NN company and invest in interesting tech startups.
Read the latest news about Colocals, local economy, local businesses, investments, etc.
Tomas is an experienced investor who manages billion-dollar funds and in the interview we will talk about what is currently worth investing in and other things.
READ MOREThis is exciting for us and me in particular as it is where I have called home for over 10 years. Being part of this community is massively important to us and I wanted to talk about a recent experience.
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