The best deals are known to be the best, he says. If I were a VC, Id be recruiting him as hard as possible. He launched The Twenty Minute VC podcast with $50 and not a single contact in VC. If you would like to customise your choices, click 'Manage privacy settings'. We support credit card, debit card and PayPal payments. Harry Stebbings, the 24-year-old London-based creator and host of The Twenty Minute VC, is launching a micro VC fund of $8.3 million. This approach is based on the understanding that, in venture capital, who you know matters a great deal. The WIRED conversation illuminates how technology is changing every aspect of our livesfrom culture to business, science to design. While Harry started as a student/groupie, listening to his idols, he now has become the role model: his business can easily be turned into a case study of how to incorporate Lean Startup methodology, inbound marketing, virality, and much of todays startup gospels and convert it into uncommon reach and influence. He told his partner Fred Destin that he wanted out of Stride, the VC firm theyd set up together in 2018, so he could focus on his own fund, 20VC. I loved the concept, the structure, the brevity, but a number of characteristics bothered me. ", Read more: 'Now is the best time in history to be an entrepreneur in Europe': State of European Tech report. Compare Standard and Premium Digital here. Most recently, Harry joined Jason Lemkin at Saastr with an aim of building out the platform and also expanding into new verticals. Harry Stebbings is the founder of The Twenty Minute VC, the world's largest media brand in venture capital with over 100 million downloads across 190 countries and guests from over 200 VCs including Sequoia, Founders Fund, Y Combinator, Benchmark and Index Ventures. After my post, Harry contacted me, saying: Hi Im that overenthusiastic, fawning Brit you reviewed. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Stebbings is best known for his twice-weekly podcast, in which he interviews venture capitalists and entrepreneurs about how they do what they do for, as the name suggests, 20 minutes. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Its also part of a shrewd overall strategy one that Stebbings hopes will take him to very top. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. That man . Menu. Yet Stebbings is far more than a giddy teenager. This didnt come easily, although I admit most VCs chase publicity like a politician chases votes. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. Most recently, Harry joined Jason Lemkin at Saastr with an aim of building out the platform and also expanding into new verticals. I was introduced to Harry Stebbings work at my lowest moment. All Rights Reserved. The Mattermark Daily? Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. The podcaster made his first foray into making his own startup investments in 2018, when he joined veteran venture capitalist Fred Destin in creating Stride VC, a London-based firm focused on making seed investments. Harry stands at a height of 5 ft 8 in ( Approx 1.73m). I love the podcast, now I love being a VC but I always wanted to be a VC.. Stebbings told Fortune that while he admired Destin and considered him a mentor and friend, their investing styles ultimately diverged. Updated to note Daniel Ek is not an LP in this fund. @KillCreek @TrustVanta is one of the best on: Career advice for parents. A new study found spending fewer days on the job was good for productivity, reduced stress, and let men have more time with their kids. [6], Stebbings launched his venture capital fund, 20VC fund, in May 2020. You know, xyz was on the show and makes the different case that. WIRED can reveal that the London-based fund set up by Skype co-founder Niklas Zennstrm has hired Stebbings as an investor. Harry Stebbings Builds on Podcast to Raise $140 Million for Venture Funds The Twenty Minute VC Podcast My episode with Harry Stebbings For Stebbings, its far from over. But success posed a dilemma for Stebbings, who was starting a law degree at King's College, London. Harry is 25 years old. What does he send emails about? Be the first to add a certification; Meanwhile Stebbings still a relatively new kid on the block in VC says hes learning how to be a great fund manager via his LPs. Harry Stebbings, the podcaster-turned-VC, is stepping down as a partner of Stride.VC, the London-based venture capital firm he co-founded with Fred Destin, formerly of Accel. "Five years later, after obsessively reading and studying the industry, I saw the opportunity for a podcast.". Stebbings also works as a. Ive never broken up with anyone my dating life is woeful so it was really tough to do, says 24-year-old Stebbings, who has built an impressive network amongst VCs in Europe and Silicon Valley via his popular podcast, The Twenty Minute VC. It wasnt as huge as it is now, but when I looked into the podcast I was immediately struck by the quality of the people he'd already interviewed. Harry Stebbings on LinkedIn: #privatequity #founder #funding #business The fund got off to an inauspicious start: Just as Stride was courting investors for its first fund, Bloomberg News reported that at a previous fund, Destin had once made inappropriate sexual advances toward a female founder trying to raise money for her startup.Destin apologized for his conduct, saying he had sometimes acted without awareness at parties. Still, the story hurt Strides fundraising drive, and it wound up raising just 50 million ($70 million), half the amount it had initially targeted. When other investors invite Stebbings to join a round, the motivation is simple: hes a pretty useful PR machine. Stebbings podcast, which has more than 200,000 subscribers and 80 million downloads to date, has cultivated an audience by interviewing techs elite, from Twitter co-founder Biz Stone to Slack founder Stewart Butterfield and a16zs Angela Strange. Tiago Paiva is Co-Founder and CEO of Talkdesk, a cloud based, SaaS, easy-to-use solution that allows companies to create a call center in . The latest example: Harry now also hosts the SaaStr podcast, bringing in the enormous audience, influence and contacts of Jason Lemkin. We, TechCrunch, are part of the Yahoo family of brands. [6] Stebbings launched his venture capital fund, 20VC fund, in May 2020. In 2021, Harry went through his first big breakup. [8] The fund focuses on investments in Europe and North America. Being on the board is difficult you lose that intimacy, he says. Hell say, Harry, your deploying pace is too fast, or youre sizing too big.. He interviews entrepreneurs, as well as limited partners, the big funds that provide most of the money for VCs. From the $107m later-stage fund, hell be writing cheques of $3-5m in $30-50m Series B or C rounds, in the very best companies from Europe and the US. Stebbings called his podcast The Twenty Minute VC. While no stranger to cold-calling prospective subjects, he knows a warm intro is always the best way to gain access. Stay informed and spot emerging risks and opportunities with independent global reporting, expert For cost savings, you can change your plan at any time online in the Settings & Account section. Stebbings said that a $33 million fund will be dedicated to pre-seed and seed investments, each totaling between $250,000 to $500,000, and a larger, $107 million fund will target growth stage startups, with investments of $3 million to $5 million each.He said the fund, in which he is the sole general partner and will make all the investment decisions, would back startups from anywhere in the world. Currently, the fund focuses on investments in the United States with an average investment size of US$500,000. He asked me perceptive questions about other startup broadcasts competing for my attention, trying to determine how his show could be sufficiently better or differentiated to keep my attention. Which European banking app is winning the race for customers? Why PLG and enterprise at same time is SO hard. More from Forbes 30 Under 30 - Europe - Finance 2019 List. If you have a brand your ability to get into the best deals is massively heightened., Now Stebbings is moving onto the next phase of his career. He already has a head of finance its important to build the best LP product as well as the best founder product and hes currently hiring a head of operations and an executive assistant. This relentless enthusiasm is key to Stebbings success. He earns an average salary of $79,384 per year. Showing all 0 items Jump to: Certification; Certification. )Later, Stebbings began managing his 20VC microfund alongside his Stride role. Harry Stebbings Parents He was born to his parents in London, England. He quite correctly, given his stage didnt want to risk pissing off his guests, for fear of getting a bad rep and losing referral intros. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Our ski trip made me question my life choices, Michelle Yeoh: Finally we are being seen, Apocalypse then: lessons from history in tackling climate shocks, How Glasgows tiny, muckraking crime mag stays afloat. [2], In May 2017, Stebbings left his job at venture capital firm Atomico after six months working there. During those long hours with my feet propped up, I checked out every podcast I could find about startups and came across Harrys The Twenty Minute VC. Earlier this year, podcaster-turned-VC Harry Stebbings went through his first big breakup. I have yet to have a conversation with Harry where he did not ask How can I help you? Before Chris Sacca and Mike Maples earned their reputations and deal-flow, they made themselves valuable to others any way they could. Now I just tell them to consider how a 19 year old who skipped college has become a household name with VCs. He reckons he sees between 25 and 40 high-quality, vetted deals per week. Harry Stebbings is a British venture capitalist, that started "The Twenty Minute VC" podcast and in 2020 launched his own venture capital fund. Now it needs them to drive economic growth. Postings on Product Hunt? This is just Part I of the Harry Stebbings Saga I get asked all the time by young grads How do I get into VC? I used to talk about getting operating experience, blogging to create a personal brand, networking all the usual cliche advice. SaaStr Podcast #001: Tiago Paiva, Founder On How Talkdesk Reached $3m in Sales Without Spending $1 on Marketing. On February 11, 2019, Harry revealed on tweeter that his dad has had multiple heart attacks while his mother suffers from relapsing & remitting MS. Founders Friday 002: Balderton's James Wise interviews 20VC Founder, Harry Stebbings (Podcast Episode 2015) Parents Guide and Certifications from around the world. These days, that means his inbox is full of investors and founders sharing deals theyre interested in as well as PRs pitching their clients to appear on a show (a nightmare for my email). Harry Stebbings: That's enough of these dreary British tones, so now I'm very excited to welcome Ryan Sandler, founder and CEO at Truework. The premise was simple: each week, he would interview a prominent venture capitalist for 20 minutes. Simply log into Settings & Account and select "Cancel" on the right-hand side. Thoma Bravo buys third identity company this year with $2.3B ForgeRock acquisition and other data for a number of reasons, such as keeping FT Sites reliable and secure, But hes confident that investing is his true calling. While not all shows actually stick to twenty minutes, it seems to be just the right amount of time for a listener to digest a show during a commute and for the interview to contain something of substance. Just think of that great name: The Twenty Minute VC Podcast says it all in 5 words. Edit. In 2000, Harry joined Fulham Pre School and graduated in 2004. From sheer hustle, Harry has created enough of a backlog of shows that not only can he publish on a steady, 3x a week schedule, and now has enough shows in the wings that he can do quality control and simply not publish the dogs. Hes come from a meeting I do back-to-back meetings on Thursday and hes on his way to another one. Right concept, communicated perfectly. Be like Harry. Harry Stebbings, who while still a teenager made a name for himself in Silicon Valley with his popular The Twenty Minute VC podcast, has cemented his transformation from venture capital fanboy. Who is this guy? Harry actually was doing two podcasts at the time, the other one focusing on European angels; it was justifiably forgettable. Podcaster-turned-VC Harry Stebbings raises two funds totalling $140m I dont love being on the board. In 2009, Harry joined Felsted School where he studied English, History, and Economics graduating in 2013. [7] He once shared a photo of him and his mother where he referred to her as HERO. How do they think about putting a structure in place to grow into their leadership?. Begun in 2014, it has garnered some 200,000 subscribers and has been downloaded more than 80 million times. Harry mentioned about his brothers girlfriend works for a large European corporate in a tweet on Jan 25, 2021. Subscribe to Fortune Dailyto get essential business stories straight to your inbox each morning. Harry left his job at venture capital firm Atomico in May 2017 after six months since he began working there. Stebbings laughs. Danny [Rimer], one of the very best VCs of our generation, is a mentor to me. 2023 Sifted EU Ltd. All Rights Reserved. So, you want to democratize venture capital. Harry Stebbings, who while still a teenager made a name for himself in Silicon Valley with his popular The Twenty Minute VC podcast, has cemented his transformation from venture capital fanboy to full-fledged investor.The London-based 24-year-old said his new venture capital firm, called 20VC, has raised two funds totaling $140 million from a list of top-tier investors, including the Massachusetts Institute of Technologys endowment; RIT Capital Partners, the publicly traded investment vehicle founded by one branch of the Rothschild family; and Shakil Khan, an early investor in Spotify and cofounder, along with Spotifys Daniel Ek, of the investment fund Prima Materia. He also Today, Stebbings is announcing that hes now raised two 20VC funds a $33m early-stage fund and another $107m growth fund which he will lead as a solo general partner. But in my book he is still a wunderkind! He said, Ive never broken up with anyone my dating life is woeful so it was really tough to do. However, Harry did not give details on who he broke up with or his next step as far as dating is concerned. The earliest podcasts werent that great, but they just kept getting better. Harry Stebbings is a podcaster and founder of 20VC currently based in London, England, United Kingdom. But thatll be it. Looking back, these early podcasts were classic examples of creating MVPs essentially Harry executed 2 beta projects, and then focused on improving the more successful VC podcast. Harry Stebbings is leaving Stride, the VC firm he founded with Fred Stebbings is blunter. Jan 17, 2023 419.8K Views 98 Retweets 61 Quote Tweets 1,238 Likes Hes ballooned to 100k downloads per show, getting bumps from social media mentions of people with large followings., VCs who have been interviewed naturally publicize the show, looking to capture the attention of the many young startup founders who comprise a good part of the audience. [7] In June 2021, Stebbings raised a further US$140,000,000 in funding. Some of them were really interesting. cookies You can start listening to The Twenty Minute VC Podcast with some of these recent episodes: . with Mattias Ljungman, Co-Founder & General Partner @ Atomico (Podcast Episode 2017) Parents Guide and Certifications from around the world. Podcaster-turned-VC Harry Stebbings now has $140 million to invest Other notable investments include Pachama, Nex Health, Sorare, BeReal, Linktree, Taxdoo, Athenian and Merge.[9]. It has been featured consistently in Apples Top 10 Business Podcasts, Whats Hot sections, as well as New & Noteworthy. 20VC: Harry Stebbings on The Biggest Takeaways From Interviewing The [Postscriptafter seeing the published post, Harry informs me he is no longer a teenager, having turned 20 two weeks ago. Stebbings said he wanted to invest globally, was happy to play a secondary role alongside other venture capital firms in funding rounds, and was not interested in having a formal governing role in the companies he finances. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Harry Stebbings Podcast Host Family: Parents: Father: Mother: Sibling(s) Brother(s): Sister(s): Education & Qualification: School: College: Education: Harry Stebbings Podcast Host Contact . Which goes back to. Thats one of the biggest solo VC partner funds either side of the Atlantic. Almost half of employees dont believe their bosss praise is genuine. Hindu nationalists claim that the chatbot has insulted their deities, sparking an online uproar. ", From podcast star to 'the world's youngest VC': 20-year-old Harry Stebbings is joining Atomico, The host of the Twenty Minute VC podcast has landed a job in venture capitalism, Fat, Sugar, Salt Youve Been Thinking About Food All Wrong, The Mountain Village in the Path of Indias Electric Dreams, 25 of the Best Amazon Prime Series Right Now. You may change or cancel your subscription or trial at any time online. Harry is a podcaster and founder of 20VC. The total is a 15X increase from Stebbings inaugural $8.3 million fund, launched less than a year ago. Host - Harry Stebbings ( @HarryStebbings ) The Genesis of Mailchimp Ben was an entrepreneur from an early age, selling cartoon flip books he created himself, candies, and comic books on the school bus Mailchimp is the end of a series of pivots all the way back to grade school The interviews are rarely probing, but they can elicit interesting responses all the same. Bpifrance: Inside the machine powering French techs rise, Text-to-video GenAI for staff training startup Colossyan raises Series A. He formally announced he was leaving Stride in February. . The show drew the attention of early adopter website Product Hunt: by November that year, an interview with Mark Suster pulled in over 100,000 listeners. On February 11, 2019, Harry revealed on tweeter that his dad has had multiple heart attacks while his mother suffers from relapsing & remitting MS. The simple answer is the network he has built up through his podcast. Harry Stebbings on Twitter: "Someone needs to do an analysis on the So, lately, he's been listening to job offers. (Harry, I know youre reading thisyoud become my favorite podcaster of all time if you get another interview with Tim Draper and ask What is it with this Ayn Randian bullshit about all government is bad, Silicon Valley should secede from the US so you dont have to support less advantaged parts of the country, and your refusal to admit that Theranos management made egregious errors? Just asking! In other words: You might be able to get a few of your buddies in venture to throw some checks in, but how do you get a full endowment to sign on board? Paying it forward is always rewarded in the end. In a series of tweets . His investors are a notable bunch too, including . He is also the founding partner of Stride.VC, a London-based early-stage fund. A fundraise is like a science experiment youre not raising money to meet a timeline, youre raising it to try to prove a set of hypotheses you have, A fundraise is like a science experiment youre not raising money to meet a timeline, youre raising it to try to prove a set of hypotheses you have, he says. " Security! I gave Harry a B, summing up the show as "VCs fawned over by an overenthusiastic Brit". That's one of the biggest solo VC partner funds either side of the Atlantic. Those connections getting leveraged into dollars is a proof point of this growing idea, and sometimes meme, that Twitter followers can help anyone start a rolling fund. How 19 Year Old Harry Stebbings Became a Venture Capital Star @balderton.com, @thetwentyminutevc.com, @googlemail.com @gmail.com, and @stride.vc. And Destin told the worldvia a somewhat amusing Twitter thread. commentary and analysis you can trust. Yet Harry Stebbings is already a podcaster whose episodes have been downloaded more than 100 million times and who last year raised $140 million for his own venture capital fund. Today, Stebbings is announcing that he's now raised two 20VC funds a $33m early-stage fund and another $107m growth fund which he will lead as a solo general partner. Stebbings also noted that the successful founders who are also investors in 20VCs funds would be able to provide operational assistance and advice to the companies in the firms portfolio.An $8.3 million micro seed fund that Stebbings began managing under the 20VC name in April 2020 has made investments in several companies that experienced runaway growth during the COVID-19 pandemic, including Hopin and social media app Clubhouse, as well as RevenueCat, a startup whose technology makes it simple for companies to take in-app payments from users. The Twenty Minute VCs first big break came from establishing a cross-platform partnership Mattermark, which knows a thing or two about growing a loyal audience of VCs and startup folks. He said Destin is primarily interested in investing in European startups, and that the veteran VC likes to lead investment rounds and take a seat on the boards of his portfolio companies. Keep abreast of significant corporate, financial and political developments around the world. You can follow this profile to get notifications of Harry Stebbings' new podcast credits. How to Raise an Adult: Break Free of the Overparenting Trap and Prepare Your Kid for Success by Julie Lythcott-Haims. Because Stebbings was only 18. Harry Stebbings Expand search. "I looked at it and I thought, this is where my abilities lie, and this is what I love," Stebbings recalls. And, naturally, the first contact came through the podcast. That way hes known so when he sends an investor an email, he can make sure its got that personal touch. He once shared a photo of him and his mother where he referred to her as HERO. Today, The Twenty Minute VC averages 300,000 downloads an episode and counts the most prominent cheque-writers in the industry among its fans. And he posts on all the major social media channels. I did the show, really enjoyed it, and have listened religiously since., Will Stebbings get to continue with his show, even if it means giving coverage to other VCs? We use So, thank you so much for joining me. All Rights Reserved. His father is a stockbroker and his mother has multiple sclerosis; the podcast was initially. Harry filled the gap, with examples like this show with my favorite LP/blogger, Chris Douvos, of Venture Investment Associates. Harry also works very closely with Jason Lemkin @ SaaStr where they work to produce The Official SaaStr Podcast. 20VC: Mailchimp's Ben Chestnut on The Biggest Leadership Lessons 2023 Fortune Media IP Limited. With mass layoffs and pulled job offers, early-career workers no longer see tech giants as a safe bet. Also investing in the fund are several founders of successful startups, including Johnny Boufarhat, the CEO and founder of virtual events software platform Hopin, and Alex Will, cofounder and chief strategy officer at mental health app Calm. Psychoactive Therapies Are Coming Back With Millions In Funding Behind Them, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. I loved the concept, the structure, the brevity, but a number of characteristics bothered me. Meta Verified Shows a Company Running Out of Ideas. What became apparent over time was that in interviewing VCs, doing his homework and studying the field, Harry kept applying their teachings to his own business, with spectacular results. The podcast host guests from more than 200VCs such as Benchmark, Y Combinator, Kleiner, Accel, and Index. Harry Stebbings, the well-known podcaster behind 20 minute VC, announced today that he raised a duo of funds for 20VC, the venture capital fund he launched off of his shows success. Stebbings also works as a consultant, helping VCs polish their personal brands on social media. I gave Harry a B, summing up the show as VCs fawned over by an overenthusiastic Brit. We, TechCrunch, are part of the Yahoo family of brands. Welcome to Episode #001 of the SaaStr Podcast! Anything that strengthens collaboration between VCs and founders, especially in Europe, is a really positive thing, says Ljungman. He has an audience, he understands what it is to be a founder, he has influential fans, knows how to ask questions, and works his ass off. (Hes a solid A now.) I thought not. Harry Stebbings started The Twenty Minute VC podcast after being inspired by The Social Network, 'Now is the best time in history to be an entrepreneur in Europe': State of European Tech report. From the $33m early-stage fund, Stebbings will write cheques of $250-500k in a $3-4m seed round. Harry Stebbings on Twitter: "Thanks to this wonderful app we have He was born on June 22, 1996, in London, England. The first episode was released on 10 January 2015 and was an interview with Guy Kawasaki. In 2018, he co-founded Stride.VC with Fred Destin with 100,000,000 but later stepped down as partner. At least in theory, everyone benefits. The fired Google engineer who thought its A.I. Harry Stebbings is the founder of The Twenty Minute VC, the world's largest media brand in venture capital with over 100 million downloads across 190 countries and guests from over 200 VCs . Called 20VC, the plan is to invest in U.S. startups across. In May 2020, he launched his venture capital fund, 20VC fund and raised a further US$140,000,000 in funding in June 2021.
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