Niklas Östberg is the CEO of Delivery Hero, which acquired Spanish delivery platform Glovo. He addresses how Delivery Hero supports Glovo CEO Oscar Pierre through Spanish regulatory pressure and fines.
“I cannot blame Oscar for challenges that he is not responsible for that has affected him, but where we have collectively taken decisions that we think are right, then of course we also take shared responsibility on those topics.”
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More from Niklas Östberg
Opinion
Östberg: The food delivery capital bubble did not advance the industry
“I don't think it moved industry forward that much. I think it just drove some non-sustainable behavior and same here.”
Niklas ÖstbergMar 12, 2025▶ 45:52Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
Opinion
Östberg: Large competitor balance sheets are not a threat in food delivery
“I don't think that the balance sheet matters. I don't know. In the end, that is not what limits any compared to spend money. It's going to be the return that is going to limit a compared to spend money. So it's going to be hard for a door dash or Uber or somew…”
Niklas ÖstbergMar 12, 2025▶ 51:37Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
AssertionNot checkable as stated
Östberg: Chinese and US tech companies circumvent or ignore European regulation
“There's a lot of regulation that is circumvented or ignored by Chinese and US companies.”
Niklas ÖstbergMar 12, 2025▶ 1:02:31Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
PredictionNot checkable as stated
Östberg: Average companies deploying AI will benefit more than the Magnificent Seven
“I think Gen AI or the largest beneficiary of AI is, is going to be the average company deploying it and not necessarily the mag seven the ones who are building it. I think that is probably contrarian In this, at least if I look at the stock market, we will see…”
Niklas ÖstbergMar 12, 2025▶ 1:04:59Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
Opinion
Östberg: Delivery Hero was overvalued at its peak and is undervalued today
“We were definitely overvalued, and we are probably undervalued today.”
Niklas ÖstbergMar 12, 2025▶ 0:40Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
Insight
Östberg: Founders should accept equity dilution over taking on debt at peak
“It's better to dilute and not, not think too much about it.”
Niklas ÖstbergMar 12, 2025▶ 6:10Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
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