20 VC 024: Financing Finch with Marc Bernegger of Orange Growth Capital

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4.4 • 637 Ratings

🗓️ 2 April 2015

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Marc Bernegger is Venture Partner at Orange Growth Capital, a Fintech investment firm with notable investments in the likes of Bux, Knip and Zopa. Prior to OGC, Marc was Partner at Next Generation Finance Invest (today Ayondo Holdings). However, Marc has experienced both sides of the table, as he was only 20 when he founded usgang.ch (trade sale to Axel Springer) and later went on to be founder of amiando (trade sale to Xing). As a result of these many successes Marc was awarded 'Newcomer of the Year 2010' by Swiss ICT.

Items mentioned in today's show:

In today's show you will learn:

1.) How and why Marc made his entry into the VC world in 2010?

2.) Marc specializes in the Fintech sector and has done since 2010, when it was really a very niche sector. How has Marc seen Fintech develop over the last 5 years? What did Marc see that everyone else did not?

3.) Which areas within the Fintech space Marc finds most interesting?

4.) What Marc sees the future of Fintech to look like? Does Marc see any trends arising in the space in 2015?

5.)In recent years Switzerland has trailed behind the likes of London and Scandinivia in Fintech, this seems to be changing with the recent Fintech hackathon held in Zurich, what does Marc think is bringing about this change?

6.)Where does Marc stand on the social integration of mobile payments?

7.) OGC is a investor in Bux, the social gamified trading platform, is this the way Marc believes stock market trading is moving? How does Marc respond to critics who suggest Bux allows the mass market who do not have the significant investing knowledge to gamble recklessly.

The episode will then finish with a quick fire round where we hear Marc's thoughts on the future of Bitcoin, what tips Marc would give to aspiring entrepreneurs and what the biggest difference between being an entrepreneur and an investor.

Transcript

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0:00.0	You're listening to episode 24 of the 20-minute VC with Harry Stebbings.
0:04.6	Now, on today's show, I'm so excited to welcome Mark Berneger.
0:08.9	Mark has enjoyed an incredible career on both sides of the table as a VC and as an entrepreneur.
0:14.3	At just 20 years old, Mark founded the party platform, Us Gang, which was sold to Axel Springer,
0:20.2	and he's also a founder of Amiando, which was
0:22.8	sold to Zing in 2010. Mark's many successes led to him being awarded Best Newcomer the Year 2010
0:29.8	by Swiss ICT. Having moved into the venture capsule industry, Mark now specialises in the
0:35.5	fintech space and his venture partner at Orange Growth
0:38.9	Capital. But without further ado, it's time to hear from Mark and dive into the interview.
0:47.9	You have now arrived at your destination. Well, Mark, thank you so much for coming on the show.
0:54.2	It's an absolute pleasure to have you here.
0:56.3	First, can you tell me a little bit about yourself
0:58.8	and how you got into the World Venture Capital?
1:03.2	Yes, hi, my name is Mark,
1:05.3	and I'm now in the internet field since around 20 years,
1:09.5	as an entrepreneur since around 15 years.
1:12.5	So I found my first own web company in 1999 when I was 19 years old.
1:19.7	It was a web-based party platform, nothing fancy nowadays.
1:25.0	But back then, we were really one of the first web communities in the web.
1:32.7	And this evolved very well.
1:35.7	And besides financing our studies, it was still one of the most famous platforms in the entertainment industry here in Switzerland,
1:48.5	and we sold the company to a German publishing house, Axl Springer, a few years later.
	...

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