Luca Ferrari

15 statements across 2 episodes · 2 bullish · 1 bearish · 2 people on the record · first statement Mar 15, 2024 by Luca Ferrari · said 4 times in 2 episodes since 2025 · across every show →

On the record as a speaker too: Luca Ferrari's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (2), Peter Singlehurst (1), Federico Simionato (1)

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Everything said about Luca Ferrari, oldest first

Mar 15, 2024
Assertion Not checkable as stated
Evertail VCs sold equity back for €1 to avoid liquidation hassle
“The venture capital firm at the time preferred to sell their, the money would have been theirs because they had liquidation preferences. It would be pretty typical for a VC deal, but they, for them, it was more of the hassle of going through the liquidation pr…”
Luca Ferrari Mar 15, 2024 ▶ 8:27 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024 negative
Opinion
Ferrari believes Bending Spoons and 99% of businesses make no positive difference
“I don't think we make a very positive difference nor do 99% of the businesses, as far as I can tell”
Luca Ferrari Mar 15, 2024 ▶ 1:01:29 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Assertion Not checkable as stated
Bending Spoons launched with $40,000 in leftover capital from Evertail
“The company, we funded it with around 40,000 dollars, which was the leftover capital from Evertail.”
Luca Ferrari Mar 15, 2024 ▶ 8:18 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024 neutral
Disclosure
Bending Spoons manages all cash and talent centrally at the TopCo level
“The, yeah, the cash is managed at the top company level. Yes. Not just that all resources also, or our team team members and, you know, we were very fluid in that regard.”
Luca Ferrari Mar 15, 2024 ▶ 16:38 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024 neutral
Disclosure
Bending Spoons' acquisition strategy stems from founders' previous startup failure
“The reason why we took that route, I think, is precisely because we crashed and burned by being arrogant in thinking we knew what the market would want and we could build it for them.”
Luca Ferrari Mar 15, 2024 ▶ 0:17 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Assertion Not checkable as stated
Bending Spoons made its first acquisition for $15,000 in 2014
“Made our first acquisition, I think early 2014, so we're talking maybe six or seven months into The startup at the time, it was for a keyboard app paid 15,000 dollars for it”
Luca Ferrari Mar 15, 2024 ▶ 9:39 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Disclosure
Ferrari caps meetings at 20 hours, spending 50 hours on individual work
“I probably have no more than 20 hours of meeting a week. And I squeeze in maybe 40, 50 hours of individual work each week doing those sorts of things.”
Luca Ferrari Mar 15, 2024 ▶ 57:35 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Insight
Bending Spoons holds annual retrospectives on past acquisition mistakes
“Every year or so, we try to spend an hour reminiscing that particular situation, like a repeated retrospective. We have dissect, dissected our mistakes, ad nauseum, so it's not that we're gonna learn anything new, but I think it's healthy to remind yourself ju…”
Luca Ferrari Mar 15, 2024 ▶ 35:04 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024 positive
Disclosure
Bending Spoons hires almost entirely for talent and motivation, disregarding experience
“In our case, we chose to focus on talent and motivation almost entirely disregarding experience.”
Luca Ferrari Mar 15, 2024 ▶ 41:22 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
What-if
Ferrari regrets not raising capital earlier to pursue more aggressive growth
“I feel I am too concerned, scared even of disappointing others, colleagues, investors, and as such, I believe we have waited a little bit too long to raise capital. We've waited a little bit too long to push on the You know, on the accelerator to implement our…”
Luca Ferrari Mar 15, 2024 ▶ 35:46 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Insight
Keep fundraising competition active until signing final investor terms
“Big mistake is to just base your selection on the early feedback. And then wave goodbye to all those who don't plan to take on board and proceed only with the one or two that you plan to take on board. You shouldn't do that. Just keep a broader spectrum of par…”
Luca Ferrari Mar 15, 2024 ▶ 53:16 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Insight
Optimizing for experience, talent, and motivation simultaneously degrades hiring quality
“It's a trade-off when you hire people. You can say, I want to hire for experience, talent, motivation. You can, but you're gonna do worse at any one of these than if you focused on just one or two.”
Luca Ferrari Mar 15, 2024 ▶ 41:10 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Insight
Enduring startup failure together is the best proof of co-founder strength
“And the relationship didn't fracture, but actually got stronger in those lowest moments. And that is the best proof that you have something to build upon.”
Luca Ferrari Mar 15, 2024 ▶ 50:43 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 15, 2024
Assertion Supported
No shareholders in Bending Spoons have liquidation preferences
“All our share owners, myself, our institutional investors, our colleagues who got equity through their working at the company, nobody has any liquidation preferences, so we're all on equal terms economically.”
Luca Ferrari Mar 15, 2024 ▶ 54:04 Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings
Mar 19, 2025 positive
Opinion
Singlehurst: Bending Spoons achieved high profitability by avoiding overcapitalization
“I think that's an amazing example of this company that was largely bootstrapped Has created the most amazing scalable business model profitability like most companies would give an arm for. And they did it by sort of circumventing that, that world of over capi…”
Peter Singlehurst Mar 19, 2025 ▶ 13:31 Peter Singlehurst: Lessons from Turning Down Stripe, Coinbase and Losing Money on Northvalt · 20VC with Harry Stebbings
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