TransferWise's Hinrikus on Profitability, U.K. Startups

TransferWise's Hinrikus on Profitability, U.K. Startups

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the journey to profitability for Transferwise, highlighting the importance of maintaining strong unit economics and the impact of market changes on startup funding. It compares the risk appetite of European and US startups, noting that European companies often focus on profitability sooner. The video also covers Transferwise's expansion strategies and the potential impact of Brexit on business operations, particularly regarding talent access and regulatory passporting.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to a company's ability to reach profitability?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the mindset of European investors differ from that of investors in Silicon Valley?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Brexit pose for businesses operating in the UK?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can a company balance profitability with growth?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does access to talent play in the success of fast-growing companies?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How important is it for startups to have sound financials in order to raise funding?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies can companies employ to sustain growth in new markets?

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