Learn how to acquire competitive advantages in your eCommerce ventures with a buy & build strategy, unlock potential growth and add new capabilities: In this episode, Joe, interviews Peter, the founder of an AI startup called Pythia. Peter discusses his company’s buy-and-build strategy for acquiring e-commerce startups, which involves integrating them into their standardized processes and assigning brand managers or CEOs to oversee them. He also talks about the challenges facing companies in the current market, including rising prices, tighter financing, and more restrictive customers. Peter’s company is looking for profitable e-commerce companies with solid earnings and adjusted earnings, and they plan to continue buying until late 2027, with the goal of reaching €80 million in revenue and €20 million in profit. 

At the day of the publication of this interview, we celebrate in Germany Father’s Day. In Germany, the day is always celebrated on a Thursday, Ascension Day, also a public holiday in Germany, which gives fathers time to celebrate.

Happy Father’s Day!

Note: Mother’s Day is always celebrated on the second Sunday in May in Germany, where we do not publish, so no Mother’s Day episodes exist. Sorry to all mothers, and belated happy Mother’s Day as well! 

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This recording is supported by HTAI and the Enterprise Europe Network Hessen: https://www.een-hessen.de/

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Peter Hart is a young and exceptional entrepreneur. He appeared in Germany’s version of Shark Tank and got a deal for 200.000 Euros as a 25-year-old. Currently, he is not even 35 and already runs 12 brands simultaneously. You can learn more about how he achieves this in the Starting Y interview in the links on the blog post.

He started with a body aftershave brand called Dr. Severin and then went on to develop the software he used to forecast consumer trend tools into the AI startup Pythia. With this, he built and bought several consumer brands and now logically continues this approach by buying up profitable e-commerce shops with Dipq (no website).

Peter has with Pythia a competitive advantage in...