Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Torsten Reil

๐Ÿ‘ค Speaker
639 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It plays an important role, I think, later on. The ability for European investors to provide growth capital, that's lower than it is in the US. But I don't think that's a problem. In fact, in many ways, I think that's probably a feature, not a bug, because I think exposure to US culture, but also investors, is extremely useful. I was lucky to have it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Natural Motion Benchmark is one of our investors, with Mitch Lasky as our partner. Part of the reason why we eventually took off was also Mitch and the way he thought about how big this company could be, how I should think about portfolio, not think too small. That was extremely helpful. And so I think that injection of US mentality to European companies at the right point is extremely helpful.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Natural Motion Benchmark is one of our investors, with Mitch Lasky as our partner. Part of the reason why we eventually took off was also Mitch and the way he thought about how big this company could be, how I should think about portfolio, not think too small. That was extremely helpful. And so I think that injection of US mentality to European companies at the right point is extremely helpful.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Natural Motion Benchmark is one of our investors, with Mitch Lasky as our partner. Part of the reason why we eventually took off was also Mitch and the way he thought about how big this company could be, how I should think about portfolio, not think too small. That was extremely helpful. And so I think that injection of US mentality to European companies at the right point is extremely helpful.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And the cap table, true for Helsing as well, it's still Europe dominated. We did our seed round entirely from European investors. Then Daniel and Prima Materia came in. Again, European. So later on, we took American money, but the company is still a European company.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And the cap table, true for Helsing as well, it's still Europe dominated. We did our seed round entirely from European investors. Then Daniel and Prima Materia came in. Again, European. So later on, we took American money, but the company is still a European company.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And the cap table, true for Helsing as well, it's still Europe dominated. We did our seed round entirely from European investors. Then Daniel and Prima Materia came in. Again, European. So later on, we took American money, but the company is still a European company.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think it's pretty clear that the current narrative is a caricature of Europe. There are some elements of truth in it, but they've been extremely exaggerated, particularly over the last six to 12 months, I think, if you go on X. But when you look at where Europe is today, and I try and be positive.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think it's pretty clear that the current narrative is a caricature of Europe. There are some elements of truth in it, but they've been extremely exaggerated, particularly over the last six to 12 months, I think, if you go on X. But when you look at where Europe is today, and I try and be positive.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think it's pretty clear that the current narrative is a caricature of Europe. There are some elements of truth in it, but they've been extremely exaggerated, particularly over the last six to 12 months, I think, if you go on X. But when you look at where Europe is today, and I try and be positive.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

is a trend right now. Even three and a half years ago when we started the company, that trend was already there. The question with all of these situations is, what can we do to change it? What are you doing to change it? We felt we had agency by looking at, for example, the problem of European sovereignty and specifically around defense.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

is a trend right now. Even three and a half years ago when we started the company, that trend was already there. The question with all of these situations is, what can we do to change it? What are you doing to change it? We felt we had agency by looking at, for example, the problem of European sovereignty and specifically around defense.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

is a trend right now. Even three and a half years ago when we started the company, that trend was already there. The question with all of these situations is, what can we do to change it? What are you doing to change it? We felt we had agency by looking at, for example, the problem of European sovereignty and specifically around defense.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And we felt, as founders, you have the privilege of having a massive lever, which is, if you can build a successful company in this space, you can actually make a difference. I'm pretty sick of people just commenting. I mean, you know, there's a whole LinkedIn economy built around just complaining, same is true on X, and just commenting. And those comments, they're worth nothing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And we felt, as founders, you have the privilege of having a massive lever, which is, if you can build a successful company in this space, you can actually make a difference. I'm pretty sick of people just commenting. I mean, you know, there's a whole LinkedIn economy built around just complaining, same is true on X, and just commenting. And those comments, they're worth nothing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And we felt, as founders, you have the privilege of having a massive lever, which is, if you can build a successful company in this space, you can actually make a difference. I'm pretty sick of people just commenting. I mean, you know, there's a whole LinkedIn economy built around just complaining, same is true on X, and just commenting. And those comments, they're worth nothing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

None of the commentary is worth anything. The only thing that matters is if people actually, you know, do something. That is, start a company, build a company, go into politics, start a new party, whatever it is. But the current attitude of just complaining drives me crazy. All right, okay. Point taken.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

None of the commentary is worth anything. The only thing that matters is if people actually, you know, do something. That is, start a company, build a company, go into politics, start a new party, whatever it is. But the current attitude of just complaining drives me crazy. All right, okay. Point taken.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

None of the commentary is worth anything. The only thing that matters is if people actually, you know, do something. That is, start a company, build a company, go into politics, start a new party, whatever it is. But the current attitude of just complaining drives me crazy. All right, okay. Point taken.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Yeah, it's interesting. I also think that people over-index on the environment and about having the right regulatory settings and tax and everything else around it. I actually think none of the stuff really matters that much. I think what really matters is founder quality and founder ambition. For a country to be successful, they should attract the most aggressive founders.