Germany, every mention

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every year anyone Harry Stebbings 59Klaus Hommels 12Johannes Reck 12Daniel Khachab 10Jeetu Mahtani 7Nico Wittenborn 6Mario Schlosser 6Christian Hecker 6Thomas Plantenga 5Philipp Freise 5

Verbatim, from the transcripts: the passages where Germany comes up

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Jensen Huang Declares AGI Has Arrived | Tesla Launches Cybercabs | Index Pulls Out of Town Sep 10, 2026 · 1 mention

ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern Aug 31, 2026 · 1 mention

  • ▶ 40:32 Aaron Katz We employ people in 27 different countries, um, which gives us a competitive advantage, so I can hire engineers in Portugal and Germany and Singapore.

Inside Sequoia's Investment Committee | How the SpaceX & Citadel Deals Went Down | Julien Bek Aug 24, 2026 · 3 mentions

OpenAI vs Anthropic vs Open-Source | Token Maxing, AI Hangovers & The Coming ROI Reckoning · 20VC with Harry Stebbings Jun 13, 2026 · 2 mentions

Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings May 23, 2026 · 1 mention

  • ▶ 58:28 Chad Peets I mean, you want to hire in Germany or France and Spain and decide you want to fire somebody.

Turning Peter Thiel's $100K into $10M Angel Portfolio & Why VCs Can Be Sharks | Josh Browder · 20VC with Harry Stebbings May 18, 2026 · 2 mentions

  • ▶ 1:28:57 Josh Browder I made a mistake of trying personally to invest in a company in Germany. 2 times in the scene

Inside Legora: Jude Law Generated $50M Pipeline | Are They Undervalued at $5.5BN? | Patrick Forquer · 20VC with Harry Stebbings May 11, 2026 · 3 mentions

  • ▶ 13:14 Patrick Forquer In Europe, we have pods looking after every major market, and for example, in Germany, we're doing so well that we just opened an office in Munich, so we-
  • ▶ 54:02 Patrick Forquer That was like sort of the next move, but it took us a really long time, for example, to expand into Germany, which, which we eventually did, um, expanding into Japan and other places. 2 times in the scene

Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings May 4, 2026 · 2 mentions

  • ▶ 24:30 unnamed speaker The best part out, which was accessible to the people who really, really, really worked hard on pulling the sort of story and like, like, um, if you watch Rush, uh, like, you know, I, I grew up in Germany, so, um, um, you know, Niki Lauda…
  • ▶ 1:19:31 Tobi Lütke Like, let's get everyone's opinion on something and just give a different perspective and synthesis.

OpenAI Buys TBPN & Their Management Team Reboot | Mercor Hack & Why Now is the Time for Cyber · 20VC with Harry Stebbings Apr 9, 2026 · 1 mention

  • ▶ 42:18 Harry Stebbings Whether it's Christian Hacker at Trade Republic in Germany, or whether it's the team at Wiz, he fucking closes the deal.

How Hims & Hers Reached a $4.3BN Market Cap on $2.3BN of Revenue | Andrew Dudum · 20VC with Harry Stebbings Apr 4, 2026 · 1 mention

  • ▶ 31:50 Andrew Dudum I mean, they're the dominant player in Australia, dominant player in the UK, dominant player in Germany, uh, you know, quickly growing in Japan.

Klarna CEO: SaaS is Dead: Why Systems of Record Will Die in an Agentic World · 20VC with Harry Stebbings Feb 16, 2026 · 2 mentions

  • ▶ 26:57 Sebastian Siemiatkowski But like, if we're only in the Nordics and Germany, we're not going to have the scale to be able to win this big transformation that's coming.
  • ▶ 1:21:12 Sebastian Siemiatkowski Like, what if this thing, like, what if we start, like, growing maybe from Sweden to Finland and Norway, and then we go to Germany?

a16z, Anish Acharya: Is SaaS Dead? Do Margins Still Matter? Why We Are Not in an AI Bubble? · 20VC with Harry Stebbings Feb 9, 2026 · 1 mention

  • ▶ 38:40 Harry Stebbings Um, what we said downstairs, I, I lost to a wonderful colleague of yours, Seema, in a company, Ask Leo, in Germany, in the Series A.

Alex Rampell: The Best Founders Materialise Capital, Customers & Labour | The Future of Venture · 20VC with Harry Stebbings Jan 12, 2026 · 1 mention

20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets Jan 9, 2026 · 2 mentions

  • ▶ 27:55 Chad Peets 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, Germany, Italy, they want people in their country that speak their…
  • ▶ 32:52 Chad Peets Go to Germany and France, I can't fire people.

Matt Fitzpatrick: Who Wins the Data Labelling Race & Why Al Needs Forward-Deployed Engineers · 20VC with Harry Stebbings Dec 31, 2025 · 1 mention

Turing CEO Jonathan Siddharth: Who Wins in Data Labelling & Why 99% of Knowledge Work Will Disappear · 20VC with Harry Stebbings Dec 1, 2025 · 2 mentions

  • ▶ 42:47 Harry Stebbings Like, I do not think there's any way you'll have the German healthcare system working with American model providers. 2 times in the scene

Databricks at $100BN, CoreWeave’s $11B Debt Bet & Nubank’s $2.5B Profit Shocker - Ep.19 · 20VC with Harry Stebbings Aug 21, 2025 · 1 mention

  • ▶ 48:57 unnamed speaker And, you know, you see, and you also see it in Europe, instead of being the, you know, there was a bank for the UK, there was a bank for Germany, they catered to Harry, they catered to his mother, they catered to his grandmother, they…

20VC: 15 Term Sheets in 7 Days and Choosing Benchmark | Harvey vs Legora: Who Wins Legal and How to Play When You Have $600M Less Funding | Are AI Models Plateauing Today | Building a 9-9-6 Culture From Stockholm with Max Junestrand Aug 15, 2025 · 1 mention

  • ▶ 51:22 Max Junestrand We have operations in the States, in London, in Stockholm, but we also have sort of hubs in Finland, Germany, Spain, France, with people who are working on the ground with our clients.

Windsurf x Google x Cognition: Full Breakdown: Who Made Money, Who Did Not · 20VC with Harry Stebbings Jul 17, 2025 · 1 mention

KKR's Head of European PE, Philipp Freise: Do Andreessen & General Catalyst Scare KKR? · 20VC with Harry Stebbings Jun 30, 2025 · 6 mentions

  • ▶ 2:13 Philipp Freise I learned very quickly a few months later when the.com, uh, bubble crashed and the new, new market in Germany crashed that the most important thing really was the investors I had, uh, in, on my board, because there were two camps.
  • ▶ 16:11 Philipp Freise So I didn't just buy something outright, but I went into, for instance, in Bremer, which we were, we are a 30% shareholder, or, you know, um, uh, Wild in Germany, which was the synthetic flavor business, 35%.
  • ▶ 35:08 Philipp Freise We got to wake up in Europe as for instance, Germany has now decided to invest 25% of its GDP and make sure when we make these investments, we build equity value.
  • ▶ 46:19 Harry Stebbings Germany has a challenge in the auto industry.
  • ▶ 49:11 Philipp Freise But, you know, imagine if we had the, you know, the, the German, the, the British, the French Norges Bank, right?
  • ▶ 59:38 Philipp Freise Crazy about trying to innovate the Bayride Festival, which is the Richard Wagner Festival in Germany.

GetYourGuide CEO & Founder, Johannes Reck: The Wild Story Raising $450M From Masa and Softbank · 20VC with Harry Stebbings Jun 23, 2025 · 12 mentions

  • ▶ 41:45 Johannes Reck And then for a lot of the other operational staff, there was, um, uh, these short time labor, you know, things in Germany and elsewhere where, you know, the government would actually cover some of the cost. 2 times in the scene
  • ▶ 1:09:00 Johannes Reck I mean, just to give you another number, like Germany subsidizes its retirement system every year with a hundred billion, right?
  • ▶ 1:12:24 Johannes Reck By the way, I recommended that in Germany and got shut down immediately because, you know, people said, you know, this is not egalitarian. 4 times in the scene
  • ▶ 1:15:09 Johannes Reck And people like, I understand why like Germans or like, you know, Brits are very upset, uh, because we have all of that red tape, you know, we have these stories that I just told. 5 times in the scene

Larry Aschebrook, Founder & MP @GSquared: How We Lost Money on Uber and Made Millions on Lyft · 20VC with Harry Stebbings Jun 16, 2025 · 1 mention

  • ▶ 1:20:12 Larry Aschebrook Um, and, and they're doing a really good job of managing through the, the, the, the stress they had in the business, and now more of a, um, focused in, um, Germany versus kind of a continental play.

Plural Partner, Taavet Hinrikus: Why Founders Will Realise Multi-Stage Funds Damage Seed Rounds · 20VC with Harry Stebbings Apr 28, 2025 · 5 mentions

  • ▶ 46:35 Harry Stebbings I think I'm hopeful that, you know, Germany are buying a billion dollars of energy a day in some circumstances from other countries because they are so woefully
  • ▶ 48:20 Taavet Hinrikus Do you remember how much capital Germany allocated to this the last couple of weeks of February? 3 times in the scene
  • ▶ 53:02 Taavet Hinrikus Has said they want the first, not one, but two fusion power plants to be built in Germany.

Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings Apr 21, 2025 · 2 mentions

  • ▶ 30:25 Harry Stebbings On the underwriting side, I actually met an underwriting AI company the other day, and they were selling to one of the biggest providers in Germany, and they were like, hey, you've got a 180,000 underwriters, they're one of the biggest. 2 times in the scene

20VC: Foundation Models: Who Wins & Who Loses | How Economies and Labour Markets Need to Change in a World of AI | China vs the US in an AI Race: What You Need to Know | Rich Socher, Founder @ You.com Apr 18, 2025 · 3 mentions

  • ▶ 39:31 Richard Socher For the same reason why we're speaking English, and, like, I could have stayed in Germany and never learned English, and then every time you say something, I, you know, for a while, I would type it in and then hear it, and then, like,… 2 times in the scene
  • ▶ 49:15 Richard Socher Then there's the misconception to still like, and I see this in Germany still, there's still people like, ah, you know, two years ago was crypto, this year's AI, like maybe it'll just go away.

Tom Hulme & Stan Boland: Lessons from Jensen Huang & How to Fix the UK Tech Ecosystem · 20VC with Harry Stebbings Apr 10, 2025 · 4 mentions

Elias Torres, Co-Founder and CEO @ Agency: What No One Tells You About Selling Your Company · 20VC with Harry Stebbings Mar 21, 2025 · 1 mention

  • ▶ 35:37 unnamed speaker I mean, in Germany, it's almost structurally impossible to find someone as well.

Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings Mar 12, 2025 · 7 mentions

Mike Krieger, Instagram CoFounder & Anthropic CPO: Where Will Value Be Created in an AI World?|E1265 · 20VC with Harry Stebbings Mar 3, 2025 · 1 mention

  • ▶ 59:50 Mike Krieger And so even as we think about doing our product design and data privacy and, you know, selling to German users or German companies, there's a different set of questions that get asked that are often very helpful questions.

Fabien Pinckaers, CEO @Odoo: The Billionaire Founder Who Doesn’t Care About Money | E1259 · 20VC with Harry Stebbings Feb 12, 2025 · 1 mention

  • ▶ 7:09 Fabien Pinckaers Um, so, as a Belgian company, there is not a lot of big VCs in Belgium, so you basically go to Paris, London, and Germany, and you meet all of them.

Hussein Kanji, Founder @Hoxton Ventures: Why AI Means London Can Compete with the US | E1248 · 20VC with Harry Stebbings Jan 20, 2025 · 2 mentions

  • ▶ 54:07 Hussein Kanji Yes, I'm really terrified that the German car industry is going to get wiped out by China.
  • ▶ 54:16 Hussein Kanji I don't know, and I don't know what's going to happen to energy prices in Germany.

Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings Dec 20, 2024 · 1 mention

  • ▶ 51:37 Matt Plank Like, there's just an enormous, you've got all these IT companies, like, all the ramps and brexits of the world, like, it's a deeply competitive market, and when you go internationally, pretty much in every country, whether it's, you know,…

Reid Hoffman, LinkedIn & Paypal Founder: Trump Administration, Elon Musk and DOGE | E1239 · 20VC with Harry Stebbings Dec 16, 2024 · 1 mention

  • ▶ 43:57 Harry Stebbings How do you think about that, though, in the face of, like, you know, bluntly the, the deterioration of the German ecosystem, the no growth for the UK for three consecutive years?

Torsten Reil, Helsing Founder: Raising $828M to Build the Defence Champion of Europe | E1237 · 20VC with Harry Stebbings Dec 11, 2024 · 2 mentions

  • ▶ 21:24 Torsten Reil You know, sometimes part of the, the general budget, sometimes as part of separate budgets, like in Germany, the one hundred billion.
  • ▶ 1:05:56 Torsten Reil I think we have to take it much more seriously than we are doing it right now in, in the UK and in Germany and in other countries.

Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings Nov 27, 2024 · 15 mentions

  • ▶ 1:35 Klaus Hommels So as you know, I grew up in the German countryside, hence my crazy accent here.
  • ▶ 18:54 Klaus Hommels So, for example, if you have a normal worker that pays in a thousand euro a month at the age of 20, 20 something, and when he is 64, with a German pension fund, he has 750,000 bucks, in an American one, 3.5 million, just because of…
  • ▶ 28:26 Harry Stebbings Does Germany and the UK have significant munitions to defend itself today? 2 times in the scene
  • ▶ 32:48 Klaus Hommels So look, if you think about the German budget, um, not only didn't we pay two percent, uh, but whatever we paid of the 1.4, 60% of that is salaries and pensions.
  • ▶ 36:23 Klaus Hommels So, and, um, I, I tried to understand what are the repercussions if we went in, as a German, so three and a half percent. 4 times in the scene
  • ▶ 46:07 Klaus Hommels To, to bring online banking to the German banking landscape. 3 times in the scene
  • ▶ 53:35 Harry Stebbings You're in, in Germany, in Europe.
  • ▶ 55:06 Klaus Hommels I was following the social media stuff, as there was a company called, um, Xing in Germany, and there was, like, Friendster,
  • ▶ 58:39 Klaus Hommels So I come from that area in Germany called Cologne, Bonn, and Dusseldorf, who are

Daniel Khachab: "We Are in the Middle of a Cold War for AI Talent" | E1220 · 20VC with Harry Stebbings Oct 28, 2024 · 13 mentions

  • ▶ 18:53 Daniel Khachab Like just in Germany, we're short 50 K. 2 times in the scene
  • ▶ 29:30 Harry Stebbings Ok, so if we just go through them, I'm a European, you're a European, you're in Germany, I'm in London, I want to stay a European. 2 times in the scene
  • ▶ 33:35 Daniel Khachab To raise twenty million, even just twenty million euros in Germany. 4 times in the scene
  • ▶ 56:53 Daniel Khachab The average, the average restaurant in the US and Germany orders from, from four and a half different suppliers.
  • ▶ 58:08 Daniel Khachab And then we went out to the market, and it was growing, and then, you know, we launched, like, Berlin, and then Germany, and then France, and the US, and so on and so forth, and city by city.
  • ▶ 1:05:16 Daniel Khachab It's like the German rail sales system, like, like Deutsche Bahn is like, what the heck are those guys doing every single day? 2 times in the scene
  • ▶ 1:12:37 Harry Stebbings It's like, shit, you could reinvent how a million Germans get to work every day, ten million Germans, twenty million, how fundamentally children learn with respect.

Antoine Le Nel, CGO @Revolut: How Revolut Launch and Grow Products & Why CAC is a BS Metric | E1216 · 20VC with Harry Stebbings Oct 18, 2024 · 3 mentions

Jeetu Mahtani, Sales Leader @Hubspot: How and When to Go International and Crush It | E1207 · 20VC with Harry Stebbings Sep 27, 2024 · 7 mentions

  • ▶ 10:05 Jeetu Mahtani Customers care about, like, if you're selling and servicing Germany, like, you can get by to a certain extent, but at certain point, they want to actually see your brand in Germany. 2 times in the scene
  • ▶ 14:49 Jeetu Mahtani And in between, you've got France, Germany, Spain, and all the other countries. 2 times in the scene
  • ▶ 26:47 Jeetu Mahtani One of the things we saw like when we went to Germany is our English content that we were creating. 2 times in the scene
  • ▶ 30:51 Jeetu Mahtani Germany was hard, but

Phil Carter: Growth Loops, CAC + LTV Benchmarks, Pricing, Discounts, Paywalls... | E1204 · 20VC with Harry Stebbings Sep 20, 2024 · 1 mention

  • ▶ 16:17 Phil Carter But we were looking at how we could expand beyond the US and sort of get the SEO flywheel, which is notoriously slow to get started, going in markets like the UK or France or Germany.

Shaun Maguire: Why Iran is the World's Greatest Evil & Trump is the Only Hope for Peace | E1189 · 20VC with Harry Stebbings Aug 12, 2024 · 2 mentions

  • ▶ 12:38 Shaun Maguire With Russia, there's this famous NATO breakfast video where Trump, this is a few years ago, five years ago or so, Trump sitting down, like, at a NATO breakfast, he's meeting with the kind of top German diplomats, and he goes off on them… 2 times in the scene

Ben Fiechtner: 12-Week Step-by-Step Framework to Crush Every Sales Quarter | E1185 · 20VC with Harry Stebbings Aug 2, 2024 · 2 mentions

  • ▶ 38:35 Harry Stebbings It's this German business called Aloe, and it basically takes on Lightspeed and Toast for payments providers for restaurants, and they have a vertical sales strategy for ethnic restaurants. 2 times in the scene

Ethan Mollick: Why OpenAl Abandons Products, The Biggest Opportunities They Have Not Taken | E1184 · 20VC with Harry Stebbings Jul 31, 2024 · 1 mention

  • ▶ 20:22 Ethan Mollick Um, it has, you know, London did okay for a while there, but aside from that, you know, more money went to graduates from Penn, from the school I teach at, and, uh, last time I checked in twenty-twenty-two than everybody in France and…

Delian Asparouhov: Inside the Walls of Founders Fund: What the World Does Not See | E1183 · 20VC with Harry Stebbings Jul 29, 2024 · 3 mentions

  • ▶ 3:57 Delian Asparouhov 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…
  • ▶ 24:18 Harry Stebbings Um, they, they fly to, you know, bumfuck nowhere Germany. 2 times in the scene

Jason Lemkin: Crowdstrike, WTF Happens From Here? Wiz Rejects Google’s $23BN Acquisition Offer|E1181 · 20VC with Harry Stebbings Jul 24, 2024 · 2 mentions

  • ▶ 37:13 Harry Stebbings Dude, I sent you the Germany deal that we did, Aloe, because I wanted your thoughts on it, which incorporate the POS provider for, you know, ethnic restaurants under a certain size. 2 times in the scene

Pat Grady: Sequoia Partner on Investing Lessons from Doug Leone, Roelof Botha and Alfred Lin | E1174 · 20VC with Harry Stebbings Jul 8, 2024 · 1 mention

  • ▶ 33:47 Harry Stebbings I remember talking to Christian Hecker at Trade Republic, uh, about his meeting with Doug in COVID on a terrace in Germany in the cold.

Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings Jun 21, 2024 · 1 mention

Michael Eisenberg: How China Could Overtake the US in the AI Race | E1167 · 20VC with Harry Stebbings Jun 19, 2024 · 1 mention

Reid Hoffman: The Future of TikTok and The Inflection AI Deal | E1163 · 20VC with Harry Stebbings Jun 10, 2024 · 1 mention

Matt Lerner: How to Hire Growth Leaders and Teams and Why in a World of AI | E1159 · 20VC with Harry Stebbings May 31, 2024 · 3 mentions

Bastian Lehmann: How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN | E1137 · 20VC with Harry Stebbings Apr 8, 2024 · 3 mentions

  • ▶ 0:56 Harry Stebbings If they were to describe a young basti in Germany, what would they have said about you and how you were? 2 times in the scene
  • ▶ 6:18 Bastian Lehmann We would, so, so you, you would call a toll-free number from, from AT&T in, uh, in Germany.

Mario Schlosser: "How to Deal with a 94% Decline in Market Cap" | E1136 · 20VC with Harry Stebbings Apr 5, 2024 · 4 mentions

  • ▶ 4:05 Mario Schlosser I mean, you know, when you grow up in a, in a small town in Germany, and not like in a poor upbringing or whatever else, I was lucky that my parents were just basically very normal German middle-class people. 2 times in the scene
  • ▶ 7:16 Harry Stebbings I speak to a great friend of mine who's a leading GP in the valley every night, and we always talk about the deals that we do, and pretty much every time it's like, oh, I'm doing this amazing property management company in France, or a B…
  • ▶ 30:09 Mario Schlosser Um, and just going back to Germany, during my childhood home, for example, was one of these places where you really felt like, you know what?

Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings Mar 15, 2024 · 1 mention

  • ▶ 19:53 Luca Ferrari And if you're replicating, say, something that works in the US and you do the same in Germany, I think you can be more, ah, sure that it will work.

Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126 · 20VC with Harry Stebbings Mar 13, 2024 · 3 mentions

  • ▶ 55:35 Chandra Narayanan And they had worked on it for, for, I don't know how long, but I went in there, took a quick look and found out that Germany had a very low conversion rates compared to its neighbors like France or, or, uh, the rest of us in Europe. 3 times in the scene

Frank Quattrone: Lessons from 650 M&A Deals Worth Over $1TRN & Taking Amazon and Cisco Public| E1121 · 20VC with Harry Stebbings Mar 1, 2024 · 1 mention

  • ▶ 30:05 Frank Quattrone and I see him starting to lean in and his eyes start to light up because he thought SAP, big company, Germany, why should I be interested in that?

Christian Hecker & Johan Brenner: The Biggest Fundraising Lessons Having Raised $1.3BN | E1116 · 20VC with Harry Stebbings Feb 16, 2024 · 7 mentions

  • ▶ 2:18 Johan Brenner When I met Christian, I fell in love with him and his team and what they were doing, but my colleague came to me one evening in, in, in March, nine, 2019 and said, we have this opportunity to look at a Robin Hood of Germany.
  • ▶ 3:05 Harry Stebbings I absolutely love that, and, uh, even better that Germans don't save anywhere but their mattresses. 3 times in the scene
  • ▶ 6:11 Christian Hecker Um, second, you entering a market, Germany,
  • ▶ 10:00 Christian Hecker And then somebody said, well, you should meet this, um, a company in, in Düsseldorf in Germany.
  • ▶ 15:45 Johan Brenner Can you build an international product that goes across and can work in other countries than Germany, which is, this is a difficult is because it's regulated as tax driven in many countries, et cetera.
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