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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
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Equal Economic Terms in Share Ownership
In share ownership, maintaining equal economic terms by avoiding liquidation preferences is crucial to ensure fairness among all members. This decision prevents leaving colleagues empty-handed in case of failure, especially when they might not be as financially savvy as institutional investors who have multiple investments. Focusing on quality over quantity in reading books is more beneficial as it allows for a deeper analysis and understanding of the content, leading to a more valuable learning experience. Recommended books include 'Our Mathematical Universe' by Max Tegmark, 'The Selfish Gene' by Richard Dawkins, and 'A Gentleman in Moscow' by Amort Tiles, described as one of the best novels ever read.
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