December 9, 2021

Beyond Going Long

Complete UK News World

Vacuumlabsu CEO Matej Ftáčnik: Entrepreneurship is a way to change things around you

Vacuumlabsu CEO Matej Ftáčnik: Entrepreneurship is a way to change things around you

Follow Disrupter, never miss a thing from the business world:

on instagram

Matej Ftechnik heads Vacuumlabs, whose fintech solutions have been hacked around the world. As he says, entrepreneurship is a way for him to improve things around him and move society forward.

Vacuumlabs is one of the most successful Slovak technology companies. Matej initially worked as a consultant and later joined the team of co-founders with a vision of making it a global company.

Vacuumlabsu CEO Matej Ftáčnik. Source: Refresher / Ľubo Baran

As a young man, he devoted himself to science, specifically physics. Why did you finally choose a business path?

You have always attracted me to do business. I like if I can change things around me, and doing business is one way I can do that. I can create a product or service that attracts and continues to work with customers. I have always loved business, especially in the IT sector, where I studied computer science. At first I had a smaller IT company. Then we started joint work with other partners, which was so successful that we established the first startup accelerator in Slovakia. The vacuum cleaner era came after that.

In 2012, he co-founded Coorking, and two years later, he founded an accelerator for startups. Support and investment in new businesses was in Slovakia at first. How did this idea come about?

It was an interesting period around 2009 or 2010, when there was very positive energy around startups and people saw opportunities in the business. First, many startup camps started popping up, where there were very few people in the beginning. These activities then grew to fifty to a hundred people and the performance of the startups was regularly discussed.

See also  Do you know what the hay on gold means and what the oil of the future will be?

We met on various occasions in Bratislava, Kosice or even in Prague. However, we did not have the space to meet regularly. With a few friends and business people, we decided to create such a first joint business – The Spot, which for years worked on a bungalow under KC Dunaj Club. We talked about what startups are, how they work, and how to invest in them, and that naturally led to the creation of the first ever accelerator.

Matti Vtachnik became CEO of Vacuumlabsu in May. Source: Refresher / Ľubo Baran

Was The Spot where you passed your knowledge to the founders, or was it also about allocating investments?

The Spot was a non-profit organization operating with donor money. Only then were we able to create an accelerator, the investments of which have already ranged from 30 to 100 thousand euros.

Which of the well-known startups come from this period?

Article for subscribers Update +81% of the article is read only by subscribers. Join them and promote high quality content!Unlock all articles on REFRESHER by subscribingSupport quality content and article reading with REFRESHER + . subscriptionOnly subscribers read this article. Join usUff… We have closed this article. Join the thousands of REFRESHER+ subscribers and keep reading.You must read this! It’s easy to become a subscriber to the Update + . service

Join the subscribersI’m already subscribed: Sign in

or Open the article via SMS

Send SMS to 8877 with text Article 106564 And read this article.

The price for a text message to open an article is 3.50 € with VAT. How it works?

Send an SMS

See also  Efficiency of online shopping: Do you have a better system or more employees?

What will you learn after unlocking?

  • How did you manage to make a Slovak startup a global success?
  • Why did Vacuum Labs choose to focus on FinTech technologies?
  • Why did they decide to create the first LGBT+ bank in America?
Report an error.
If you find a flaw in the article or have comments, let us know.
Photo: Refresher / Oppo BaranPreview image: Refresher / Oppo Baran