This guest blogpost is written by Rasmus Bjerngaard, venture investor in Northcap Partners. Since 2014 Northcap has been investor in the Copenhagen based startup in the local search market Colego. In this blogpost Rasmus Bjerngaard explains what made them believe in Cologo. You’ve probably been there: How do I know if that lawyer is good? Can anyone recommend a carpenter? …
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Can a business steeped in deficit be a valuable acquisition?
The vacation rental portal, SunnyRentals.com, was bought last year by their competitor Vacasol. The acquisition came after SunnyRentals has had a deficit for several years, but that does not mean the investment was bad. SunnyRentals, founded in 2009, has been acquired by Vacasol, which has facilitated online booking of vacation rentals throughout Europe. The Danish Vacation rental portal SunnyRentals.com had …
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