In this episode of Perception Paradox, Zivile sits down with longtime friend Egita Polanska, investor and partner at Latvia-based Outlast Fund, to unpack what it really takes to build a startup that lasts.
They discuss Egita’s path from accelerator and ecosystem roles to launching a fund across the Nordics and Baltics, what she looks for in founders, and why 2026 is pushing everyone back to fundamentals—solving real problems, building with resilience, and outlasting the hype (including the next phase of AI).
A conversation about long-term thinking, founder psychology, and the truth behind early-stage investing.
About Egita: Egita Polanska is a Founding Partner at Outlast Fund and a long-time builder of the Baltic and Nordic startup ecosystem. With over a decade of experience, she has worked hands-on with early-stage founders across Europe, leading accelerator programs and supporting companies from first traction to scale. Previously, Egita held leadership roles at Startup Wise Guys, Startup House, and Techstars Seattle, and has been deeply involved in shaping Latvia’s startup landscape through TechHub Riga, TechChill, and national innovation initiatives.
Connect with Egita: https://www.linkedin.com/in/egitapolanska/
Hosted by Zivile (Zivi) Einikyte:
https://www.linkedin.com/in/zivileeinikyte/
Chapters
00:00 Welcome to Perception Paradox
04:47 The Birth of Outlast Fund
10:43 Investment Strategies and Trends
12:45 Current Trends in the Startup Ecosystem
15:46 Identifying Resilient Founders
20:03 Balancing Data and Emotion in Investment
20:19 Why Stay in the Startup Scene?
22:33 Looking Ahead: Trends in Startups and AI
26:39 Challenges Faced by Investors
29:31 Differentiating in a Competitive Market
32:53 Finding Inspiration and Overcoming Fears