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Philipp, who studied the MPhil in Innovation, Strategy & Organisation at Cambridge Judge Business School, co-founded the venture few months before he joined the class in 2013 – and CHRONEXT has since raised $52 million in venture funding It now has 160 employees in five offices – London, Munich, Cologne, Frankfurt and Zug, Switzerland – with hopes to soon expand to New York. CHRONEXT sells new watches from about 200 brands worldwide, and also re-sells preowned watches from private customers Prices on its website range from £530 for a Raymond Weil Toccata women’s watch with a stainless-steel case and bracelet, to £218,360 for a Chopard Imperiale women’s watch with a rose gold case, red rubies and baguette diamonds with an alligator leather strap While nearly 50 of the 31,000 watches available online are listed at more than £100,000, Philipp says that CHRONEXT offers competitive prices compared to other retailers because it doesn’t. Source