The Most Important Lesson From Having Built 10 Companies From Scratch

In 2010, we started our first company, DeinDeal, which became the fastest-growing startup in Switzerland. We sold it in 2015. This experience fuelled my passion for creating more companies from scratch. In 2015, we founded wefox which has grown to become one of the world’s leading insurtechs. wefox has more than 1,000 staff and generates more than $800 million in revenues a year.

Over the last eight years, I’ve additionally co-founded eight more tech companies in industries such as health, payments, real estate, services and human resources. I’ve learned a lot about scaling companies during this time and while there are numerous factors that drive a company’s growth, one common theme consistently emerges as being both the biggest challenge and an untapped opportunity: the evolution of culture.