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:
00:00 – Intro
00:33 – Start Episode
02:16 – “We Had 5 Bookings in 2 Years. 3 Were My Mum.”
07:34 – “I Asked My Parents to Remortgage Their House for a Pivot”
08:08 – The Vatican Tour That Changed Everything
13:28 – Why VCs Rejected GetYourGuide 100+ Times
16:06 – “I Regret Our Series A — Too Much Dilution” – The $14M Series A That Nearly Killed the Company
23:04 – Recruiting Netflix’s Head of Growth Nearly Killed Me
24:37 – “I Hired All the Wrong People – Then Laid Off 30%”
34:45 – The $450M SoftBank Deal… Then COVID Hit
36:30 – “We Went to $0 in Revenue in 3 Weeks”
40:12 – The Sequoia Tree Mindset: Grow Through Fire
01:05:38 – US vs Europe: Why European Founders Are Tougher
01:08:17 – “Germany Spends €100B on Pensions, €7B on VC – It’s Insane”
01:12:40 – 90% of Our Team in Berlin Aren’t German. Here’s Why.
01:19:04 – Quick-Fire Round
———————————————–
Subscribe on Spotify:
https://open.spotify.com/show/3j2KMcZ…
Subscribe on Apple Podcasts:
https://podcasts.apple.com/us/podcast…
Follow Harry Stebbings on X:
/ harrystebbings
Follow Johannes Reck on X:
/ JohannesReck
Follow 20VC on Instagram:
/ 20vchq
Follow 20VC on TikTok:
/ 20vc_tok
Visit our Website:
https://www.20vc.com
Subscribe to our Newsletter:
https://www.thetwentyminutevc.com
———————————————–
#20vc #harrystebbings #JohannesReck #GetyourGuide #founder #CEO #vc # #spotify #twitter #Softbank
source
