On this episode of the Business of Betting Podcast, Jason is joined by Jacob Fortinsky, co-founder & CEO of Novig.
Hear them discuss:
02:43 - The current controversy at Harvard, Jacob's alma mater
06:40 - Companies taking political stances, and how Jason and Jacob think about that within their companies
09:31 - Jacob's experience meeting Paul Graham, the founder of Y Combinator
12:04 - High concept overview of Novig
13:35 - Raising $7 million from investors to build Novig
15:30 - What Jacob thinks Jason should have done differently building Smarkets
17:48 - Attracting institutional liquidity providers to sports betting exchanges
20:05 - Sports betting as a zero sum game
24:14 - Price sensitivity of different customer segments
25:50 - Novig's recent launch in Colorado
29:42 - The Novig business model
31:09 - Why the Novig exchange had to launch as a fixed odds sportsbook
32:47 - What Jacob wants to be when he grows up
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E213 - Adam Bjorn from Plannatech
E212 - Joe Asher from IGT
E211 - Joe Dunnigan from ALT Sports Data
E210 - Matthew Trenhaile
E209 - Dillon Borgida from Betonu
E208 - Greg Kajewski from BettorEdge
E207 - Chris Grove from Acies Investments
E206 - James McLoughlin from Stirling Mac
E205 - Antonino De Rosa
E204 - Matt Restivo from OddsJam
E203 - Will Martin from LiveDuel
E202 - Manu Gambhir from Xpoint
E201 - Paul King from OddsMonkey
E200 - Joe Brennan Jr. from Prime Sports
E199 - David Frohardt-Lane from DL Trading
E198 - Brad Allen from Eilers & Krejcik
E196 - Paris Smith
E195 - Jesse Learmonth from The Betting Startups Podcast
E194 - Joey Levy from Betr
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