Tobi Lütke

speaker
3,220 appearances 3 recordings 3 series first heard Dec 2025 last heard 4 May

Tobi Lütke’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · May OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in May 2026 with 2.

Appearances

newest first · ▶ plays the moment
Luckily, I sort of studied the way the compensation packages work for the investment bankers before I went on the road.
So this was all kind of pretty transparent.
Yeah, I don't think they liked it.
I mean, but I was also very clear about this.
I was like, hey, I understand how you are going to get your bonus.
I like you.
I want you to get your bonus.
But, like, I'm becoming a public company CEO, so I'm going to stop my fiduciary duty.
T minus 10.
So I'm going to optimize for a company for you.
And then they totally respect that.
In fact, the banker who took me public is my CFO right now.
So, like, 10 years later, which is really funny.
Yeah, so high-stress meeting, like picture 80th floor somewhere in Manhattan, room, the biggest table you've ever seen, lots and lots of people, paper everywhere, prospectuses, calls, high-tech, an iPad.
And with the order book, everyone looks at this thing, people are making changes, and you have to freeze at a certain point, you pick a price.
And it's just like everyone put a limit order in that's like caps out at 14 for the first trade.
I just thought it was crazy.
Everyone in the room, literally absolutely everyone's like, no, it's like you've got to like, you've got to give allocations because those other people will stay in your stock and they're long term, they don't
and immediately flip, blah, blah, blah.
I was just like, okay, well, whatever.
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