Recording of the Everything Marketplaces Group Chat #162 (6/18) with Bastian Lehmann. Bastian is the Co-founder & former CEO of Postmates, an early on-demand & delivery marketplace that scaled to being one of the largest. Postmates raised over $900 million from top investors and was notably acquired by Uber in 2020 for a reported $2.65 billion.
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0:06 Intro
‍1:18 Bastian's background
‍2:56 The founding story & first steps for starting Postmates
‍19:02 Being early & pioneering a category
‍22:15 How Postmates expanded markets
‍26:44 Bastian's fundraising learnings & lessons after raising over $900 million
‍31:28 Applying learnings as a second-time founder
‍33:35 Group Q&A on hiring & team building
‍39:03 Group Q&A on starting TipTop as a second-time founder
‍41:43 Group Q&A on learning from failures
‍49:11 Group Q&A on early marketplace hires
‍53:43 Parting marketplace advice
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Bastian on Twitter: https://www.twitter.com/basti
Postmates: https://www.postmates.com
Mike (Yoroomie) on Twitter: https://www.twitter.com/yoroomie
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You can also find this group chat in audio format as an episode on our new Everything Marketplaces podcast on Apple Podcasts and Spotify. You can also connect with marketplace founders & leaders from our group chats in the Everything Marketplaces community.