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Martin Bodocky
🤝 Helping founders with 🌱 growth capital to achieve their ambitions 🚀
Martin Bodocky, MSc is the founder and Chief Executive Officer of Threshold Capital, a company he established in April 2022.13 With a background in venture capital and entrepreneurship, Bodocky aims to provide flexible growth loans to digital small and medium-sized enterprises (SMEs) in the Central and Eastern European (CEE) region.1
Bodocky's professional journey includes:
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Education: He holds a Master of Science degree in Software Engineering and Data Science from the University of Oxford.23
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Previous roles: Before founding Threshold Capital, he was a co-founder and General Partner at N1 (August 2018 to September 2021) and CEO at Mint AI (January 2017 to January 2019).3
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Investment experience: Bodocky has been an investor in various startups, including Stavario, DOT Glasses, Vitadio, Mindpax.me, Mileus, Advanto, PRECISMO, Buildiro, and VRgineers, Inc.3
At Threshold Capital, Bodocky's mission is to empower digital companies in the CEE region by providing them with growth capital without requiring equity or personal guarantees.1 The company uses advanced technologies such as artificial intelligence and natural language processing to streamline the capital-raising process for SMEs.3
Bodocky describes himself as a digital entrepreneur driven by solving serious problems with simple solutions, with a passion for digital companies.1 He is also a father of two and considers himself a European citizen.1
Highlights
Business practises according to Slavo Tyleja - Part 2
Let’s tell you the story of an upcoming entrepreneur, a man (but can be also a woman) who finished university, before starting a business, he gets a job to understand the industry where he spends 5-7 years. He knows that eventually wants to be an entrepreneur, so he has started forming business ideas by discussing with potential users or other stakeholders.
Next, he attended a business accelerator because he wanted to be sure before fully committing to building a business where he met many mentors, investors and service agencies which work with early-stage entrepreneurs like him.
Then after many months (even years), this inspiring entrepreneur collects his savings for the MVP, because his project needs it for another stage of business validation. Obviously, he started collecting proposals from service agencies he met at the accelerator and after various comparisons and many discussions, he has chosen one.
He paid upfront for the project, attended the kick-off meeting and two days later, the CEO of the service agency has announced to him the company is bankrupt and the service agency would not return his money and never finish his project. The entrepreneur is in shock and disbelieve.
I believe that those more experienced of you have seen this pattern.
This is the story of Kiuub's customer, with bad timing, because when he paid and his project was kicked-off with Kiuub, Slavo Tuleja already announced to us that his intention was to send the company to bankruptcy as soon as possible.
Please judge for yourselves, this is for us a bad actor who is hurting our entrepreneurial ecosystem until we tolerate this behaviour we cannot improve as a nation, and we will not have an honest business environment.
There are definitely better paths to take when a business is in struggle, they are not easy, as rejecting doing project when there is no possibility of delivery or communicating with a client that the company is in distress.
So I have a question for you, do you believe that Slavo should return the payment to this client? (you can cast your vote via likes) 👍 Yes 😄 No 💡 I don’t have opinion
This post is a reaction to Slavo’s speaking engagement at CEE Startup Network and INOVIA where he is going to represent Kiuub which is in bankruptcy proceedings and going to speak about financial options which is alarming to us and those who lost capital of his actions.
#slavotuleja #badactor #businessenviroment #businessethics #goodactor
