Basti Lehmann is the co-founder and former CEO of Postmates, the on-demand delivery service that raised over $900M from the likes of Tiger Global, Founders Fund, Spark Capital and Andreesen Horowitz. Following Uber’s $2.65BN acquisition in 2020, Basti founded TipTop, a platform for fast tech sales which Marc Andreesen led the $20M seed round for.
In Today’s Episode with Basti Lehmann We Discuss:
- From US Immigrant to Billion Dollar Founder

- How did Basti start his career hacking AT&T?

- How did early hardships shape Basti’s work ethic?

- What were Basti’s biggest challenges building Postmates?

- Lessons from Raising $900M

- How did Basti raise $20M from Marc Andreesen?

- How does Basti select which VCs to work with?

- Why does Basti think 99% of VCs are sheep?

- Why does Basti think great VCs add no value?

- Why does Basti think having to educate investors is a massive red flag?

- Selling Postmates for $2.65BN

- Why did Basti sell Postmates to Uber? How did the acquisition happen?

- Was there anything Basti would have done differently?

- What does Basti think makes Dara Khosrowshahi a great CEO?

- What is Basti’s biggest advice to founders on acquisitions?

- Future of AI: Startups or Incumbents?

- What does Basti think is the biggest challenge of LLMs today?

- Why does Basti think inference computing will be the future of AI?

- Why does Basti think incumbents can be replaced?

- Why does Basti think the biggest companies are being born today?