start-ups

TransferWise, the money-moving service launched by former Skype director of strategy Taavet Hinrikus, is allowing start-ups to transfer up to $100m between different currencies without paying any fees.

The offer is open to 1,000 businesses that launched in the past two years on a first-come, first-served basis; they can transfer up to $100,000 each over the next year. TransferWise would normally collect around $500,000 in fees on the whole lot – $3m or so less, it estimates, than banks would. Read more

Joe Green, NationBuilder co-founder

In the summer of 2004, Joe Green, then 21, lived in a trailer with a 70-year old roommate in the 120-degree Arizona desert, while his college friends holed up in a house in Silicon Valley were building a website called TheFacebook.

Green led the grassroots campaign for John Kerry, the 2004 Democratic presidential nominee, for four months in Lake Havasu City, Arizona, mobilising local residents to knock on their neighbours’ doors and win votes for Kerry.

Today he’s become the president of NationBuilder, a start-up company that builds software to make jobs like the one he toiled at during that hot summer easier. Read more