Germany

“Between the two markets, the two territories, the two countries we are mainly active in, France and Germany, we find due to competitive issues, you know, more competition being in France compared to Germany, which has to do with money supply, it's a long story…”

“The U.S. Spends about 18% of GDP on healthcare. You know, Germany, Japan, Switzerland, other rich countries in the world spend maybe 10, 11% on healthcare, and those countries, by the way, tend to not have single-payer systems either.”

“If we became merely as efficient as, say, Switzerland is, or Germany is, or Japan is in delivering healthcare, we would save a trillion dollars a year In the US.”

“Like, especially in Germany with the car industry, if that might be gone at some point, I think the tech industry will take over, and it will be the backing bone of Germany in the future.”

“I think midpoint last year, there was a lot of conversation, not just with our board, but investors on how fast we should be moving in Europe. And a lot of folks were really pushing us to expand to Germany faster expand to other areas in Europe faster.”

“More than France and Germany combined, more unicorns than anywhere apart from the US and China.”

“Take Germany, right, where insurances are forbidden by law to invest in venture and all this stuff.”

“When you look at United Kingdom, France, Spain, Germany, et cetera, they're all just like completely, you know, sort of falling into societal collapse all for, you know, sort of slightly different reasons, but it comes down to a complete lack of, you know, sor…”

“More money went to graduates from Penn, from the school I teach at, and last time I checked in twenty-twenty-two than everybody in France and Germany put together.”

“One of the things we saw like when we went to Germany is our English content that we were creating. Half of our leads coming in from Germany, prospects in Germany, were reading our English content.”

“Like just in Germany, we're short 50 K. 50 K and the government has invested billions over the last, we're still short 50 K.”

“When we started Choco, there was no way To raise twenty million, even just twenty million euros in Germany. It just did not exist. That kind of funds that you could raise one, you could raise five, maybe 10, 20 just did not exist.”

“Not only didn't we pay two percent but whatever we paid of the 1.4, 60% of that is salaries and pensions. It's not that you buy equipment and become more able to defend yourself.”

“The ammunition is, is a cruel one, yeah. So, so the numbers I have from the military is like four days in Germany and UK and five in France, which is 25% more, but it doesn't make a difference.”

“Back in end of 2021, We felt a little bit worried about the market. We shut down Germany and Japan. We cut a 102 hundred million out of our budget before the year even started.”

“And back then, so this was 2017, and I felt that the market is not as big as it looks. It has a strong comparator there, and there will be no way of consolidate that market later on, given the regulation around M&A and so on. So I think, I thought this is goin…”

“Germany subsidizes its retirement system every year with a hundred billion, right? But we don't, we have seven billion invested in VC, a hundred billion subsidies in retirement system.”

“For him to get a visa to come to Germany after he had signed a job contract, and this guy makes a lot of money, took him six months.”

“We just did one in Germany peak when we did it. Two, 200 K when we did it is now at a million, like three weeks, but fucking nuts. The customer adoption that one of the fastest polls that I've seen in terms of consumer demand or customer demand,”

“We spend 14,000 14,000 per capita per year on patients in the U.S. So that, that's like a rough spend. That's two to three, two and a half to three, like Germany and Canada spent as an example.”

“Germans want to buy from Germans. French people want to buy from French people, right? Like you can kind of get away with the UK sales force for a period of time, but usually if you want to go sell it, I'm dealing with one of the companies now, like France, Ge…”

“Go to Germany and France, I can't fire people. Like, dude, they're on, I, they'll be on the books for a year after you want to get rid of them.”

“I tried to bring a billionaire once into a deal in Germany, and I had to send out a notary by speedboat, and it cost more than their investment to get their investment done.”