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

20VC: Monzo: The Greatest Turnaround in Tech: From £40M Revenues, Layoffs, Downrounds and Low Employee NPS to $1BN in Revenue, Profitable and 10M Customers with TS Anil, CEO @ Monzo

0.089 - 18.836 Harry Stebbings

This is 20VC with me, Harry Stebbings, and today we feature what I believe is one of the greatest turnarounds in modern tech. When TS and IL took over Monzo, they had very little runway, they had a 40% down round, mega layoffs and very poor NPS for employees, with just 40 million in revenues.

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