Hecker: Broken European pensions will force millions to invest over 20-30 years
Christian Hecker · Christian Hecker & Johan Brenner: The Biggest Fundraising Lessons Having Raised $1.3BN | E1116 · 20VC with Harry Stebbings · Feb 16, 2024 · at 6:42
Christian Hecker is the founder and CEO of Trade Republic. He explains the core market thesis that motivated his team through four years of VC rejections.
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“The statutory pension system we have in continental Europe is inherently broken, and that thesis suggests that basically in the next 2030 years, millions of people are going to start investing.”
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“And then we raised the 600,000 euros back then and sold 75% of the company.”
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“So if we can just grow with these people, you're going to be the Charles Schwab, the UBS of Europe in 2030 years.”
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