Luca Ferrari
14 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Sep 20, 2024 by Luca Ferrari · across every show →
On the record as a speaker too: Luca Ferrari's record, appearances and statements → this page counts the times other people say the name.
Everything said about Luca Ferrari, oldest first
Sep 20, 2024
Ferrari: Bending Spoons triggers CEO search if survey gets multiple no votes
“As a company, we run a survey, my direct reports, a small selection of senior colleagues and one partner from each of our institutional investors. They fill out a survey, an anonymous survey. There's only one question and it's, well, technically it's two. One …”
Sep 20, 2024 negative
Sep 20, 2024 negative
Ferrari: Finding product-market fit is overwhelmingly driven by luck for most founders
“Our hypothesis was that to find product market fit with something very new, Most of it was luck. We felt talent and hard work came nowhere near guaranteeing you would. I mean, maybe, maybe there are some incredibly rare talents. Some people can see it, but I'm…”
Sep 20, 2024
Sep 20, 2024 neutral
Ferrari: Grew up in 900-person Italian village with no family college degrees
“I came up in this tiny village, as I mentioned, in the northeast of Italy. 900 people lived there. People there mostly were farmers, truck drivers, plumbers. My parents were hairdressers. None of my, nobody in my family had gotten, say, a university degree”
Sep 20, 2024 neutral
Ferrari: Bending Spoons raised over $200M in equity across 2023 and 2024
“Yes, so up until the summer of twenty-twenty-three, we had never raised any significant amount of equity. Then, last summer, we raised about fifty million dollars in equity. Overall, the round was a little bit bigger, but there was a secondary component to it …”
Sep 20, 2024
Sep 20, 2024 bullish
Ferrari: Single-product companies will be more willing to sell due to AI risks
“In the imminent future, the next few years, I think it, it's an advantage for us for a bunch of reasons. First of all, it's a major threat for a lot of businesses, and if you are a single product business it makes you more willing, I believe, to sell. Because …”
Sep 20, 2024 neutral
Ferrari: Bending Spoons was seeded with under $40,000 from failed startup Evertale
“Cause in the process, we had raised about a million euros in venture capital money. And we were left with about 40,000 euros. The, it was it belonged to this VC because of liquidation preferences. However, it was too little for them to bother going through the…”
Sep 20, 2024
Sep 20, 2024 positive
Sep 20, 2024 neutral
Ferrari: Bending Spoons does not filter M&A targets primarily by PMF strength
“No, we don't really try to buy the product companies with the best product market fit. We do assign value to it, but ultimately something is only good to us if the price is appealing relative to the value we can let's say generate or the, you know, the value w…”
Sep 20, 2024 neutral
Ferrari: AI widens talent divides by multiplying high-performer productivity
“AI makes capable people more capable. I, unfortunately, perhaps It increases all sorts of divides, bearing governments spreading, you know, opportunity and wealth. But in the wild, it increases divides. It makes a great engineer better by 10 times. And the med…”