Wolt

“We've raised our series A, it was ten million euros in January of 2016. The next round we've raised was in January 2018, two years later, that was our twenty seven million euro series B, and then we raised our series C in April of 2019, which we announced in J…”

“One mistake people make in hiring is that they're looking for the person that has already done you know, what you need. And you're like, we need to hire that person. He's done this before. He's going to do it for us. And it's going to be amazing. But what peop…”

“In vault up until very late stages, every single employee, even in customer support was a stockholder of vault or shareholder or an option holder of vault.”

“So someone once asked me a bit out of the blue that what has been the biggest thing you've had to sacrifice to build, you know, do these things and to build your company and your career. And after, you know, thinking about it for a while, I came to the conclus…”

“And for the five first years of our existence, restaurant, food, delivery. When we saw that it worked, we were like cut everything else. This is really difficult to do. We're only going to focus on doing this with great, quick, consistent customer experience a…”

“When we got our first acquisition offer. This was 2015. We're a one year old as a company and we get an acquisition offer, which had like cash or stock involved. And I was like, you know, 2015. I was 26. It was a big amount of money. Like when I started Walt, …”

“Like focus means making difficult decisions to put all of your effort in the smallest possible subset of things. And if I now think about performance, performance is the ability to decide what exactly are the things that you need to get right and getting that …”

“We had to part ways with one third of our you know, staff in the summer of 2017.”

“We raised our series B. We're like, we're running out of money in six months. We need to raise a growth round.”

“We even had an acquisition offer at three extra valuation that we raised money at.”

“The reason we stick to stuck to Europe in the early years was that time zones are expensive. Like longer flights are more expensive. If you need to support like, you know, customers six hours times away, it means there's going to be engineers up every night pr…”

“So I had actually a personal blocking right to any M&A transaction of vault. So vault was not possible to get acquired by another company without, I actually have a placate. This is a placate for Allowing the company to be sold.”

“We haven't had to go through any layoffs, God forbid, like in the current landscape, at least so far. And the reason is that we were just always very careful. Because we were always like running out of money.”

“One of the things he said to me was that, Miki, the most important hire you're going to make next is that you need a great recruiter. That's the most important hire, your first recruiter.”

“For his Series B, he got 68 rejections before Laurel Bowden at 83 North said yes.”

“And we always had conversations of teaming up and joining forces and building a very large European new delivery company, but you know, we, our paths. Never joined.”