Published Apr 8, 2024

20VC: Postmates Founder Basti Lehmann on How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN, Why Great VCs Add No Value and VC Value Add is BS Marketing & Why The Biggest Companies in History Will be Born Today and Replace Incumbents

Basti Lehmann, co-founder of Postmates, delves into the strategic maneuvers behind Postmates' $5 billion valuation deal with Uber, critiques the actual value-add of venture capitalists, and explores future AI trends that could give rise to industry-disrupting startups, while reflecting on the resilience and vision that drove his entrepreneurial journey.

Episode Highlights

Topics covered

Early Life Impact
01
Postmates Journey
02
AI and Tech Trends
03
VC and Fundraising
04

Episode Highlights

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Dexa/Harry Stebbings

20VC: Postmates Founder Basti Lehmann on How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN, Why Great VCs Add No Value and VC Value Add is BS Marketing & Why The Biggest Companies in History Will be Born Today and Replace Incumbents

Topics covered

Popular Clips

Misaligned Expectations

Embracing Technology's Future

OpenAI's Market Impact

Childhood Curiosity

VC Influence on Founders

Future Aspirations

Ownership Insights

Resilience Through Adversity

AI's Existential Stakes

Pricing Strategies Explained

Balancing Startup Growth

Noise vs. Innovation

Skill vs. Luck

Building vs. Investing

Episode Highlights

Early Life Impact

Postmates Journey

AI and Tech Trends

VC and Fundraising

Related Episodes

20VC: Uber's Journey to Becoming the Most Valuable Private Tech Company in History, Raising $3BN From Saudi in Just 60 Days, Uber's $30BN Mistake in Food Delivery, Why Recent Uber M&A Will be the Worst in Tech & Mastering Negotiations and Deal-Making with

20VC: Uber CEO, Dara Khosrowshahi on Why Uber Eats is Not Losing the Fight to Doordash | Uber's M&A Strategy; A Scorecard Analysis from Careem to Postmates & Skip | Why Uber's Investment in Scooters was a Mistake | Secret to Marriage, Parenting & High Per

20VC: The $3.1BN Meeting That Led to an Uber Acquisition, The Battle With Uber; How to Outcompete When You Have 10x Less Cash & The Marketing Campaigns That Led to Pakistan MDs Fleeing and Elon Musk Fanboying with Mudassir Sheikha, CEO @ Careem

20VC: Rappi Founder Simón Borrero on Growth vs Profitability, Capital Efficiency, Raising $1.7Bn as a LATAM Company and Why Uber Eats Did More To Help Than To Hurt Rappi

20VC: Bolt; The Most Insane Story in Startups | Turning a $5K Loan into an $8BN Company | Why Every VC Turned Down One of Europe's Biggest Winners | Competing with Uber & The Future of Micromobility and Self-Driving

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20VC: Postmates Founder Basti Lehmann on How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN, Why Great VCs Add No Value and VC Value Add is BS Marketing & Why The Biggest Companies in History Will be Born Today and Replace Incumbents

Topics covered

Popular Clips

Episode Highlights

Early Life ImpactBasti Lehmann, co-founder of Postmates, shares how his childhood curiosity and resilience shaped his path to becoming a successful entrepreneur. His experiences reveal the profound impact of early life challenges and the drive to overcome them.

Early Life Impact

Postmates JourneyBasti Lehmann shares insights into his leadership style during Postmates' competitive years and the strategic considerations behind its acquisition by Uber. He reflects on the importance of determination and the benefits of market consolidation.

Postmates Journey

AI and Tech TrendsBasti Lehmann shares his vision for the future of AI, highlighting the potential of personal AI devices and the emergence of new startups to challenge tech giants. He discusses the limitations of current AI models and the need for rapid development to address global challenges.

AI and Tech Trends

VC and Fundraising

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