Kuusi rejected Wolt's first acquisition offer in 2015 despite being personally broke
Miki Kuusi · Miki Kuusi: How I Scaled Wolt to $8B; Why I Sold to DoorDash | 20VC #953 · 20VC with Harry Stebbings · Nov 28, 2022 · at 56:07
Miki Kuusi, co-founder and CEO of Wolt (acquired by DoorDash), discusses refusing early buyout offers when the company was one year old despite his personal financial struggles.
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“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, my credit card was maxed out. I was zero euros in my bank account. I was literally living from like hand to mouth.”
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