Is This The End Of Hypergrowth Startups?

With wefox we were the fastest European fintech ever to achieve a billion dollar valuation. We raised $1.4bn in only 7 years and most recently had a $4.5bn valuation. We built a company with more than 1000 employees and more than $800m in annual revenue in hyper speed. Is this still a model for the future?

In an era where startup culture, buoyed by venture capital, dominates the business landscape, one could be forgiven for thinking that the old guard – family owned businesses built over generations – are a relic of the past. Companies like Miele, Viessmann, and Bosch, household names in Germany and across the world, stand as towering counterarguments.