E69 [AI-Translated] GetYourGuide | European VCs | A16z&Sequoia | Follow-On-Reserve | Unicorns | Nexthink | Qumea

n this episode, Max Meister and Guy Giuffredi dive into the latest developments in the European venture capital ecosystem:
- GetYourGuide reaches profitability for the first time with nearly €1 billion in annual revenue.
- Europe’s VCs are deploying capital twice as fast as they’re raising new funds.
- Andreessen Horowitz (a16z) and Sequoia Capital are launching new mega-funds totaling over $11 billion.

In the deep dive, we discuss how much follow-on reserve VC funds really need — strategic discipline or costly reflex?
Our listener question explores how much capital startups typically raise before reaching unicorn status.

Deals of the week:
- Vista Equity Partners acquires a majority stake in Nexthink (valued at $3 billion),
- Qumea brings in Danish private-equity firm GRO as a strategic investor,
- Exnaton raises a Series A led by 4impact and Elevator Ventures,
- 21Shares is acquired by FalconX.