Posted on sixteenth February 2024 by Harry
Christian Hecker is the Founder and CEO of Commerce Republic, the corporate making it straightforward and cheap for everybody with a smartphone to speculate. Up to now, Christian has raised over $1.3BN for the corporate from the likes of Sequoia, Founders Fund, Accel and Creandum to call a couple of. Beforehand, Christian labored in Financial institution of America Merrill Lynch’s Funding Banking division.
Johan Brenner is a Common Associate at Creandum. Johan has led Creandum’s investments in iZettle (acquired by PayPal for $2.2bn in 2018), Commerce Republic, Klarna, Pleo, Neo4J, Vivino and extra. Johan was beforehand a repeat entrepreneur, founding one of many first on-line brokers in Europe in 1997 (bought to E*TRADE within the US), then JobLine (bought to Monster), Bookatable (Michelin) and Tradera (Ebay).
In At the moment’s Episode with Christian Hecker and Johan Brenner We Focus on:
1. Promoting 75% of Commerce Republic for €600,000:
- How did Christian come to promote 75% of Commerce Republic for €600K?
- How did Johan and Creandum resolve this problem after they invested?
- What are a few of Christian’s largest items of recommendation on cap desk development?
2. Elevating $1.3BN From the Finest Buyers within the World:
- What are Christian’s largest fundraising classes from elevating $1.3BN from the perfect on this planet?
- How did Doug Leone and Sequoia come to steer Commerce Republic’s spherical? What was the assembly with Doug like? What questions did he ask? How did it go?
- How necessary of a talent does Johan consider being an ideal fundraiser is for founders?
3. Scaling into Europe’s Subsequent Decacorn:
- What are the one largest points that come up when scaling so quick? What breaks first?
- Does CAC improve with time or lower?
- Why did Christian resolve to cease paid advertising and marketing on Google and Fb and cease spending $100M+ there in a single day?
- Why is Christian so bullish on influencer advertising and marketing? What works? What doesn’t work?
4. Europe: A Hub for Innovation or a Retirement Residence:
- Does Christian consider that younger folks in Europe work arduous sufficient?
- What are the most important challenges to scaling groups in Europe?
- Why does Johan consider the most important problem in Europe is the shortage of exit markets?
- What can Europe do to enhance and improve our probabilities of being profitable?
