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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: From Selling 75% of Trade Republic for €600K to Raising $1.3BN at a $5.3BN Valuation, The Biggest Fundraising Lessons Having Raised $1.3BN From the Best in the World; Trade Republic CEO, Christian Hecker and Creandum General Partner Johan Brenner

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Word of Mouth Growth and Customer Loyalty Drive LTV

The organic growth and word of mouth play a significant role in acquiring customers, with 65% coming through this channel. Customer loyalty in the European banking market is high, leading to a higher than expected Lifetime Value (LTV). The core metric for success is not the number of trades, but rather monthly recurring deposits to help customers accumulate wealth.

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