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
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Harry Stebbings interviews Johannes Reck, the co-founder and CEO of GetYourGuide, about his entrepreneurial journey, starting from initial struggles with only a handful of bookings to building a $2 billion company. They discuss the differences between European and U.S. investors, the importance of attracting talent to Europe, and the challenges of scaling a company. Johannes shares key moments, such as raising funding from Brent Hoberman and Softbank, navigating the COVID-19 crisis, and the lessons learned from both successes and mistakes. He emphasizes the importance of focus, sustainable growth, and reinvesting in the startup ecosystem, while also offering advice to founders on dilution, hiring, and maintaining a balanced lifestyle. The conversation also touches on angel investing and Johannes' perspective on building human connections through his work.
Part 1: Venture Capital Landscape & Talent Gaps
Part 2: Funding & Pivotal Moments
Part 3: Crisis & Recovery
Part 4: Reflections & Future Outlook
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