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Richard Tavernor says the cost of taking iVendi into Europe shaped Yoono’s approach to product design, customer economics and technical leadership.
By Claire Dubois, Consumer & Retail Reporter · Paris
2 October 2026 · Reported from BusinessCloud

Richard Tavernor is building his second technology company, Yoono, around a requirement shaped by his first: serving customers internationally without having to substantially rework the underlying product for each country. Writing in BusinessCloud, the founder said the cost and complexity of taking iVendi from the UK into Europe influenced that decision.
Tavernor is also giving greater weight to the potential value of individual customers when assessing an opportunity. His position is that a sizeable addressable market offers little assurance of sustainable growth if the economics of winning and serving customers do not work.
Experience has changed his approach to management as well as market selection. In his BusinessCloud account, Tavernor described a stronger willingness to challenge assumptions, accelerate decisions and intervene when an approach is failing, rather than allow the problem to continue in the hope of improvement.
At iVendi, entering European markets required extensive adjustments to the product. According to Tavernor’s account in BusinessCloud, the localisation and bespoke development involved meant each additional country absorbed substantial funding and time. Geographic expansion therefore brought a fresh development burden, not simply access to another pool of customers.
That experience informed the type of opportunity Tavernor sought with Yoono. Alongside a product that could travel more readily between jurisdictions, he favoured subscription-style income, regulated sectors and customer problems with a compelling reason to be addressed. These were selection criteria for the new business, rather than evidence of any announced country launch.
Hiring at iVendi provided a separate lesson. Tavernor said some appointments worked very well, while others proved unsuitable and remained unresolved for too long. He identified early-stage recruitment as particularly consequential because each employee can exert considerable influence over a small organisation.
His account also distinguishes between an unsuitable appointment and a job that has been poorly configured. Where performance falls short, changing responsibilities, clarifying expectations or improving support may be the appropriate response. That distinction makes the diagnosis of a staffing problem as important as the speed of addressing it.
For Yoono, Tavernor made technical leadership an early priority, BusinessCloud reported. He wanted someone capable of contributing directly to development under tight resource constraints while laying the foundations for a substantially larger organisation. The requirement combines immediate delivery with responsibility for future engineering capacity.
Tavernor cautioned that the skills needed to produce a strong initial product do not necessarily equip someone to lead technology development at global scale. In his assessment, that leadership choice reaches beyond software delivery to affect recruitment, system design and the working culture of the business.
His broader hiring position is similarly focused on behaviour rather than experience alone. Startup leaders, he argued, must be comfortable acting before all the evidence is available, remain involved in execution and accept responsibility for results. An established track record is valuable only alongside flexibility and the ability to maintain momentum.
Tavernor also described a more deliberate approach to examining threats. The scenarios he raised in BusinessCloud included a response from an established competitor, the loss of a principal sales channel, tighter access to finance and the erosion of a technical advantage as similar capabilities become widely available. These were risks to consider, not events he said had occurred at Yoono.
Tavernor’s account does not specify Yoono’s next destination, a launch date or a funding target. Instead, it sets out questions for judging the business’s readiness to expand, including whether its financing matches the opportunity it is pursuing. The article therefore provides a founder’s operating priorities rather than a scheduled market-entry announcement.
One of those priorities is the relationship between distribution and defensibility. Tavernor wants to assess whether Yoono can establish routes to customers more quickly than rivals can replicate its technology. For companies planning overseas expansion, that frames commercial reach as a separate challenge from building a differentiated product.
His proposed response to uncertainty is to limit avoidable reliance on individual parts of the business and retain room to change course. Rather than claim that every disruption can be forecast, Tavernor advocates identifying the points where a failed assumption would leave the company exposed.
For businesses considering the UK or Europe, the practical implication of iVendi’s experience is to examine country-specific product work before treating international demand as a growth opportunity. That readiness question also connects with Market Entry Wire’s coverage of Bridgehead Insights’ five tests for global expansion. Tavernor’s account offers a concrete example of why the cost of adapting a product belongs in the initial market-entry assessment.
For companies entering the UK or European markets, Tavernor’s experience highlights the importance of separating customer demand from the cost of delivering a viable local offer. Product adaptation can absorb time and capital before a new market contributes meaningful growth. His account also puts engineering leadership and customer acquisition alongside market selection: an opportunity needs both the capacity to serve it and a credible route to buyers. These are useful planning considerations, not evidence that one expansion model suits every business.
Source
Original reporting by BusinessCloud. This report was written independently for Market Entry Wire.

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