40 Minute Mentor

Thomas Plantenga on taking Vinted from near bankruptcy to a €5 billion valuation


Listen Later

Today’s 40 Minute Mentor is Thomas Plantenga, the CEO of Vinted - Europe’s largest secondhand marketplace and Lithuania’s first-ever unicorn. 


What started as a small Lithuanian startup in 2008 has evolved into a fast-growth business with millions of users, 2,000+ employees and a €5 billion valuation. 


In today’s conversation, Thomas shares the ins and outs of his journey with Vinted, how it became such a global success, the biggest leadership lessons he learnt along the way and what’s next for the business with the launch of Vinted Ventures. 


If you’re a founder or operator navigating scaleup challenges, this episode is a masterclass in turnaround strategy, culture building and leading with humility. 


📚Episode Chapters:

➡️ Early years & the call that changed everything  [07:30]

➡️ Realising Vinted was in trouble [16:00] 

➡️ Spotting the first signs of growth [20:00] 

➡️ The hardest leadership lessons [23:00] 

➡️ The art of hiring at scale & psychological safety [27:00] 

➡️ Launching Vinted Ventures [36:40] 


🔍 Find out more: 

Connect with Thomas: https://www.linkedin.com/in/thomas-p-19651414/?originalSubdomain=lt 

More about Vinted: https://www.vinted.co.uk/ 


Enjoyed this episode? ⭐️


Keep up to date with all our latest episodes by hitting the subscribe button on your favourite podcast platform.

And for any feedback on what you enjoy the most and ideas on what we can do to make 40 Minute Mentor even better, please leave us a review at https://ratethispodcast.com/40mm

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

40 Minute MentorBy JBM, James Mitra

  • 5
  • 5
  • 5
  • 5
  • 5

5

7 ratings


More shows like 40 Minute Mentor

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,287 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

539 Listeners

a16z Show by Andreessen Horowitz

a16z Show

1,090 Listeners

The Bottom Line by BBC Radio 4

The Bottom Line

39 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

60 Listeners

Squiggly Careers by The Squiggly Career

Squiggly Careers

61 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,983 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

226 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,758 Listeners

Conversations of Inspiration by Holly Tucker MBE

Conversations of Inspiration

31 Listeners

My First Million by Hubspot Media

My First Million

2,639 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

679 Listeners

Working Hard with Grace Beverley by Grace Beverley

Working Hard with Grace Beverley

199 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

207 Listeners

The News Agents by Global

The News Agents

1,027 Listeners