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20VC: Bending Spoons: The Most Untold Success Story in Startups: Lessons Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation... Bootstrapped with Luca Ferrari, Co-Founder and CEO @ Bending Spoons
Mar 15, 2024
Luca Ferrari, Co-founder and CEO of Bending Spoons, shares the secrets behind his bootstrapped company’s incredible journey to 500 million downloads and $360 million in sales. He reflects on his early life and lessons from failures, emphasizing the value of humility and adaptability. Luca reveals his unique talent acquisition strategies, favoring practical assessments over traditional interviews, and discusses the importance of making strategic acquisitions. He also highlights his aspirations for Bending Spoons while addressing the evolving role of AI in the job market.
53:23
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Quick takeaways
- Humility is crucial in entrepreneurship to avoid arrogance and learn from past failures.
- Shift in strategy from building new products to acquiring successful ventures is key to Bending Spoons' success evolution.
Deep dives
Learning from Past Mistakes: Humility in Entrepreneurship
Recognizing the importance of humility in entrepreneurship is highlighted as the speaker emphasizes the need to avoid arrogance. Past failures due to overconfidence in predicting market needs led to a new approach focused on improving products already proving market fit.
