April 11

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How Much Is Krijn Smits Worth? A Look at the Dutch Entrepreneur’s Net Worth in 2021


Introduction

Dutch entrepreneur Krijn Smits is a name that’s making waves in the business world. From co-founding the successful startup Sendcloud to his latest venture, Vibe, Smits has earned himself a reputation as a savvy businessman. But just how much is Krijn Smits worth? In this article, we’ll give you the lowdown on the Dutch entrepreneur’s net worth in 2021.

Krijn Smits’ Journey

Krijn Smits graduated from Fontys University of Applied Sciences in 2012 with a Bachelor’s degree in Industrial Engineering and Management Science. He then worked as a logistics consultant at Ab Ovo before co-founding Sendcloud, a shipping and logistics company based in Eindhoven, Netherlands, in 2012. The startup quickly became successful, raising $2.4 million in a fundraising round in 2017. In July 2020, Sendcloud was acquired by French logistics company La Poste’s subsidiary, Le Groupe La Poste, at a valuation of approximately €230 million.

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Following the success of Sendcloud, Smits started his latest venture, Vibe, in March 2021. The startup aims to create an AI platform for the fashion industry to help smaller retailers compete with big players like Amazon.

Krijn Smits’ Net Worth

According to public records and various sources, Krijn Smits’ net worth in 2021 is estimated to be between $100 million and $150 million. The majority of his wealth comes from his stake in Sendcloud, which sold for a considerable amount in 2020. However, given that Smits’ latest venture, Vibe, is still in the early stages of development, it remains to be seen how much his net worth will increase in the coming years.

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Factors Influencing Krijn Smits’ Net Worth

Several factors have contributed to Krijn Smits’ current net worth, including:

  • The success of Sendcloud and the subsequent sale to Le Groupe La Poste.
  • Smits’ stake in Sendcloud.
  • His involvement as an advisor and mentor to other startups in the Netherlands.
  • The promising potential of his latest venture, Vibe.

FAQs

1. What is the estimated net worth of Krijn Smits in 2021?
Krijn Smits’ net worth in 2021 is estimated to be between $100 million and $150 million.

2. What is the source of Krijn Smits’ wealth?
The majority of Krijn Smits’ wealth comes from his stake in Sendcloud, a logistics company he co-founded in 2012.

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3. How did Krijn Smits’ latest venture, Vibe, come about?
Vibe is an AI platform for the fashion industry that Krijn Smits started in March 2021 with the aim of helping smaller retailers compete with big players like Amazon.

4. What other startups has Krijn Smits been involved in?
Krijn Smits has acted as an advisor and mentor to other startups in the Netherlands.

5. What factors have contributed to Krijn Smits’ net worth?
Factors influencing Krijn Smits’ net worth include the successful sale of Sendcloud to Le Groupe La Poste, his stake in the company, his involvement in other startups, and the potential success of Vibe.

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6. What is the status of Vibe?
Vibe is still in the early stages of development.

7. Does Krijn Smits have any plans to start any other ventures?
There is currently no information on any further ventures Krijn Smits may have planned.

Conclusion

In conclusion, Krijn Smits’ net worth in 2021 is estimated to be between $100 million and $150 million, primarily due to the success of Sendcloud and his stake in the company. His latest venture, Vibe, has the potential to further increase his net worth if successful. Krijn Smits’ journey is a testament to the power of entrepreneurship and innovation. With his success, he has become an inspiration to aspiring entrepreneurs worldwide.

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