15 Mar 2024

20VC: Bending Spoons: The Most Untold Success Story in Startups: Scaling to 500M Downloads,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

This podcast episode delves into Luca's journey from a shy outsider to an 'average' insider and back to being an outsider. He discusses the founding of Bending Spoons, a platform that acquires and revitalizes existing products, with a focus on bootstrapping and a hybrid model combining private equity and technology. The conversation covers lessons learned from the failed launch of Play On, the importance of margins of safety in capital allocation, and the significance of risk assessment and mitigation. Luca emphasizes the value of talent and motivation density in building a successful team, balancing individual work with collaboration, and the impact of luck, relationships, and competition in business. He highlights the importance of negotiation strategies, avoiding early candidate selection, and maintaining competitive pressure. The episode also includes book recommendations, a discussion on artificial intelligence and its potential impact on employment, and Luca's aspirations for the future growth and impact of Bending Spoons.

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