“But yeah, so, so along the way, many failures and many failed launches, like the UK took, I don't know if it's six or five times before it worked.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Thomas Plantenga
Opinion
Plantenga: Predatory seed term sheets in small European markets handicap startups
“Like if you look what kind of like seed stage term sheets get to the table of like people I know building companies and I get like in these small markets in Europe, but it's like financial rape and it does a lot of damage. It's, it does a lot of damage because…”
Thomas PlantengaFeb 12, 2024▶ 58:06Thomas Plantenga & Alex Taussig: Vinted CEO's Ultimate Guide to Scaling Marketplaces | E1114 · 20VC with Harry Stebbings
Insight
Plantenga: Rule of 40 is not a causal driver of success
“So, but that then saying that that is a causal rule that drives to create big companies, that's absolute bullshit. Because I can have a company that is actually declining while I'm milking out a lot of cash and I will get to a rule of 40, but obviously that is…”
Thomas PlantengaFeb 12, 2024▶ 1:02:10Thomas Plantenga & Alex Taussig: Vinted CEO's Ultimate Guide to Scaling Marketplaces | E1114 · 20VC with Harry Stebbings
PredictionOpen · timeframe Feb 2034
Plantenga: Vinted will reach a $50 billion valuation within 10 years
“Fifty billion. Global platform fully integrated shipping and payment functionalities across every category. Amazon like marketplace dynamics across all categories plus new software solution businesses next to it.”
Thomas PlantengaFeb 12, 2024▶ 1:21:31Thomas Plantenga & Alex Taussig: Vinted CEO's Ultimate Guide to Scaling Marketplaces | E1114 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Plantenga: Tech industry expected Vinted to go bankrupt prior to 2019
“So I think up to 20, 2019, most of the industry was just waiting until we would go bankrupt because they thought like, this doesn't make any sense. But they didn't believe our economics would make sense. They didn't believe that you could spend that amount of …”
Thomas PlantengaFeb 12, 2024▶ 19:17Thomas Plantenga & Alex Taussig: Vinted CEO's Ultimate Guide to Scaling Marketplaces | E1114 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Plantenga: Temu and Shein ad spending does not hurt Vinted's growth
“Timo Shine are spending money to attract buyers, and every Timo Shine buyer can become a vintage seller, and we're spending money to attract sellers of second-hand clothing. So for us, we're kind of like, just out of that storm. Like, so, so that storm just pa…”
Thomas PlantengaFeb 12, 2024▶ 30:26Thomas Plantenga & Alex Taussig: Vinted CEO's Ultimate Guide to Scaling Marketplaces | E1114 · 20VC with Harry Stebbings
AssertionSupported
Plantenga: EU tax loophole makes shipping from China cheaper than intra-Europe
“There is a loophole that if you send in a package under 150 euros, it's not taxed. And therefore, for example, companies like Zalando are actually having higher prices to send a package from Germany to Belgium than they have from China to Belgium.”
Thomas PlantengaFeb 12, 2024▶ 33:59Thomas Plantenga & Alex Taussig: Vinted CEO's Ultimate Guide to Scaling Marketplaces | E1114 · 20VC with Harry Stebbings
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.