Back Market: From middle manager to $5b Founder, with Co-Founder & CEO Thibaud Hug de Larauze

 

Do you risk it all when the odds are stacked against you?

As a founder it’s very hard to take that first leap into the unknown and even more so when you’re in a job you love.The stakes are rarely higher and it’s so difficult to do it well. 

But that’s exactly what Thibaud Hug de Larauze did when he left his job to found Back Market, a marketplace for refurbished devices, in 2014. They have grown massively since then, raising over a billion dollars, including $335 million in May 2022 - at a valuation of $5.7 billion. They are now the most valuable startup in French history! 

And despite being the head of such a successful company he has managed to stay humble. How do you go from being a middle manager to one of the most successful entrepreneurs in the whole of Europe, pitching to former Vice President of the United States Al Gore AND not get too big for your boots? 

Listen to find out. 

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How I Failed: 250 VCs and not a single yes, with Pluto Co-Founder Alex Rainey

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How I Failed: Losing $1.5 million on someone else’s dream, with entrepreneur Simon Squibb