Axel Franck Næss Bids Adieu to Tise's Operational Roles, Stays on Board
Portfolio - People | Mar 13, 2025 | Aim Group
Axel Franck Næss, the co-founder, CTO, and CPO of Tise, a Norwegian niche marketplace app, is stepping down from his day-to-day management roles but will remain on the board. Tise, known for merging features of Instagram and Craigslist, facilitates secondhand fashion, interior, and furniture transactions. Næss reflected on his ten-year journey in a LinkedIn post, highlighting the company's growth to a 100-employee operation effecting behavioral changes in millions of people. Despite stepping back for personal reasons and to explore new opportunities, Næss expressed confidence in Tise's direction, underscoring its clear path to breaking even and strong team. He mentioned the significance of Luxor Capital's investment and reflected on past business lessons, such as the ill-fated app launch in China. Næss emphasized the necessity of focus and wholehearted dedication to succeed.
Sectors
- Technology
- E-commerce
- Fashion and Retail
Geography
- Norway – Tise is a Norway-based company, and its business operations and founding team are based in Norway.
- China – There was a past initiative by Tise to launch its app in China, indicating an attempt to expand geographically.
Industry
- Technology – Tise operates as a technology-driven marketplace app that integrates social media aspects with e-commerce for secondhand goods.
- E-commerce – Tise provides a platform for buying and selling secondhand goods, directly contributing to the e-commerce sector.
- Fashion and Retail – Tise's niche market includes secondhand fashion, interiors, and furniture, aligning with the fashion and retail industry.
Financials
- Not specified – The article mentions that investment from Luxor Capital was a significant milestone for Tise, but no specific financial details are provided.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Axel Franck Næss | Co-founder, Former CTO and CPO, Board Member | Person | Axel Franck Næss is a co-founder of Tise, who recently stepped down from his executive roles but remains on its board. |
| Tise | Target Company | Company | A Norway-based niche marketplace app, combining social media and e-commerce for secondhand goods. |
| Eirik Rime | Co-founder, CEO | Person | Eirik Rime is the co-founder and CEO of Tise, alongside Axel Franck Næss. |
| Luxor Capital | Investor | Company | Luxor Capital is an investment firm that provided significant investment to Tise, aiding its growth. |