Val Scholz

8 statements across 1 episodes · 0 bullish · 3 bearish · 1 people on the record · first statement Jun 21, 2024 by Val Scholz · across every show →

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

Everything said about Val Scholz, oldest first

Jun 21, 2024 negative

Assertion Not checkable as stated

Very few growth leaders want to repeat the role

“To be honest, there's not many growth people that want to do it again.”

Val Scholz Jun 21, 2024 ▶ 25:56 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024

Assertion Partly supported

Revolut scaled from 80 to 2,500 employees in 2.5 years

“I went there when we were like, 80 people. I left when it was two and a half thousand. That's two and a half years. Like, my team went from two people to over a 150 in, like, nine months.”

Val Scholz Jun 21, 2024 ▶ 43:04 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024 neutral

Disclosure

Revolut hiring managers did sourcing while recruiters only scheduled and closed

“We used recruiters to schedule call, close contracts. But like sourcing yeah, screen calls, CV screening, it was usually done by hiring managers.”

Val Scholz Jun 21, 2024 ▶ 30:03 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024

Insight

Managers know if a new hire will fail within a week

“I think you have a gut feeling pretty quickly. Probably a few days. Majority of people after a week, you're basically like, okay, that's not gonna work.”

Val Scholz Jun 21, 2024 ▶ 34:16 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024

Assertion Not checkable as stated

Revolut required candidates to analyze one million data points in interviews

“So for example, at Revolut, like if you wanted to become a product manager or operations person you had to analyze, I think a million data sets and figure out like what's the problem in onboarding. It took us three months to solve the problem.”

Val Scholz Jun 21, 2024 ▶ 32:57 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024 negative

Disclosure

Revolut's growth team avoided hiring traditional marketing majors

“Also like, for example typically in growth, we didn't look for people that studied marketing.”

Val Scholz Jun 21, 2024 ▶ 32:13 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024

Assertion Not checkable as stated

Revolut's free card referral campaign generated 180K signups in one week

“I think the quickest way to get a lot of growth for us was, I think it was a Monday afternoon Chad, me, and Tom, and I think Alan, basically set up a referral campaign, wrote an email, some T's and C's, and enabled free cards to Revolut customers, and that gen…”

Val Scholz Jun 21, 2024 ▶ 49:26 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Jun 21, 2024 negative

Disclosure

Revolut's P2P payment flow for non-users failed to drive user growth

“For whatever reason, I thought that you can acquire a lot of Customers with P to P payments. And so I spent four weeks trying to make it work that people can pay someone that's not on Revolut. I just didn't do anything.”

Val Scholz Jun 21, 2024 ▶ 49:58 Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings

Val Scholz

Everything said about Val Scholz, oldest first

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