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NEWS:

MBA Founders Under Pressure To Make Ventures Perform

“I believe all entrepreneurs are a bit crazy,” says Nitzan Yudan. He’s an entrepreneurial graduate of London Business School’s MBA who launched FlatClub in 2010 after a frustrating experience finding accommodation for a summer internship with American Express.

Rising to prominence last year, the company raised financing from a group of investors that included backers at VC firms Coller Capital and InterCapital. But with new investment comes new pressures.

Nitzan was part of two start-ups before his flat rentals venture. One of them had 90% market share and the other went bust. “The learning I got from both of them serves me every day when taking decisions about managing FlatClub,” he says.

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