Latest / The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Wild Story Raising $450M From Masa and Softbank | Why My Biggest Mistakes Came From Listening to VCs | Why 100 VCs Turned Us Down | Why European Founders Are Tougher Than US Founders with Johannes Reck, GetYourGuide
Johannes Reck is the Founder and CEO of GetYourGuide, the $2BN company that started with a holiday to China and nothing to do. For the first two years, GetYourGuide received only 5 bookings. Today the platform is worth $2BN. They have raised from some of the best, including an amazing story with Masa Son and Softbank.
In Today's Episode We Discuss:
01:45 – "I Regret Our Series A — Too Much Dilution"
03:50 – US vs Europe: Why European Founders Are Tougher
06:10 – "Germany Spends €100B on Pensions, €7B on VC – It's Insane"
08:40 – Why Europe Fails to Build $10B Startups
10:25 – 90% of Our Team…
The skinny
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