The pair of funds one for early stage and one for growth stage total $140 million in assets under management, plucked from LPs including MIT, early Spotify investor Shakil Khan and RIT Capital partners. Today, The Twenty Minute VC averages 300,000 downloads an episode and counts the most prominent cheque-writers in the industry among its fans. Harry Stebbings Expand search. He asked about a competitive VC interview show (one that was a little longer and more ponderous) that Id given higher grades to, and wanted to know why. Have you met Ed Cooke, founder of Memrise? It is so great to have you on the show today. Yet Stebbings is far more than a giddy teenager. Host: Harry Stebbings (@HarryStebbings) Key Books Mentioned. Harry Stebbings Parents He was born to his parents in London, England. The trouble with teams is you need to create culture, you need to manage, do 1-1s, reviews, give feedback and anything that takes me away from meeting the next Stripe or Hopin, that time could be used meeting companies., Stebbings thinks that great founders are often systems thinkers they view the business in component parts, and each one unlocks the next one. With mass layoffs and pulled job offers, early-career workers no longer see tech giants as a safe bet. Compare Standard and Premium Digital here. Learn more At the end of the day, media is venture and venture is media. 2023 Forbes Media LLC. Harry actually was doing two podcasts at the time, the other one focusing on European angels; it was justifiably forgettable. Jan 17, 2023 419.8K Views 98 Retweets 61 Quote Tweets 1,238 Likes This didnt come easily, although I admit most VCs chase publicity like a politician chases votes. )Later, Stebbings began managing his 20VC microfund alongside his Stride role. I bring my thesis, and they improve it with theirs. All I do every day, he says, is think: how can I get more listeners today than I had yesterday? While his peers sleep off hangovers, hes up every morning for an 8am breakfast. (Women are, however, notably few and far between on the guestlist.). He's moved on pretty quickly though. I love founders calling me up at midnight. And, naturally, the first contact came through the podcast. I dont consider myself a media person, Im an investor first. But few have raised as much capital as quickly as Stebbings, who grew up in Fulham, south-west London. 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. He also The best deals are known to be the best, he says. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Harry also works very closely with Jason Lemkin @ SaaStr where they work to produce The Official SaaStr Podcast. The angel podcast just wasnt attracting as many downloads for predictable reasons. This is the 20 minute VC with me, Harry Stebbings. Harry mentioned about his brothers girlfriend works for a large European corporate in a tweet on Jan 25, 2021. Now funds are deployed in 12 months and you have to play the game on the field.. ", 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. On December 6, 2015, Stebbings was sitting in a lecture when he received a call from newly minted VC Arielle Zuckerberg, Mark's youngest sister. Premium access for businesses and educational institutions. Simply log into Settings & Account and select "Cancel" on the right-hand side. Harry Stebbings' Post Harry Stebbings Founder @ 20VC 4d Report this post . personalising content and ads, providing social media features and to It's completely different world, he says, sounding, for a brief moment, wistful. Thats more than $500 million-worth of funds-under-management singing the praises of a 20-year-old university drop-out. 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 . Harry is the Founder of The Twenty Minute VC, the world's largest independent venture capital podcast with over 100,000 listeners, partnerships with Mattermark and ProductHunt and guests from. Podcaster-turned-VC Harry Stebbings raises two funds totalling $140m, Former McKinsey boss joins a VC to raise one of CEEs largest growth funds, Wise and Monzo founders back legal generative AI startups $10.5m Series A. If you would like to customise your choices, click 'Manage privacy settings'. 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. Who is this guy? After recovering from the cancer treatments, I published highly subjective rankings of 75 startup podcasts. "I fell in love with VC because I watched The Social Network," he says. 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. Almost half of employees dont believe their bosss praise is genuine. He operates the following email address. 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. "It's not going to make me a millionaire, but as a 20-year-old, it's nice to have," he says. Join Harry and discover how you can attain funding for your business by listening to . 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. I thought not. The 20VC portfolio already includes a few reported unicorns, including audio app Clubhouse and virtual event organizer Hopin. So, you want to democratize venture capital. Get unlimited access to all of Sifteds free coverage and analysis. This relentless enthusiasm is key to Stebbings success. ], Thank you to Ty Danco for allowing us to republish his post, and to Harry Stebbings for being such an awesome member of the Product Hunt community! Be the first to add a certification; You know, xyz was on the show and makes the different case that. Terms & Conditions. Through his podcast, Stebbings builds relationships. In 2009, Harry joined Felsted School where he studied English, History, and Economics graduating in 2013. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. 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. The list goes on. Stebbings sits at the intersection of that trend, and with $140 million more, it will be interesting to see what he does next, and if returns come along for the ride. Parents Guide Add to guide . I gave Harry a B, summing up the show as VCs fawned over by an overenthusiastic Brit. Postings on Product Hunt? 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I've heard so many good things from Delian, from Alex, from Keith, from Alfred. Check if your So, thank you so much for joining me. "I came out of the lecture, phoned my parents and said, 'I'm leaving.'". (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! Its also part of a shrewd overall strategy one that Stebbings hopes will take him to very top. Harry is 25 years old. We use Paying it forward is always rewarded in the end. " Security! Stebbings also works as a. Keep abreast of significant corporate, financial and political developments around the world. A lot of times a Series B or C [stage startup] approaches us or their investors do and say, Hey, were thinking about distribution, the content machine, the founder brand and then I write a $3-5m cheque in a $30-50m round, he explains. Standard Digital includes access to a wealth of global news, analysis and expert opinion. In 2021, Harry went through his first big breakup. Join Harry and discover how you can attain fun. His investors are a notable bunch too, including institutional investors MIT and RIT Capital Partners; founders of many tech companies, from Atlassian, Unity and Mercado Libre to Calm, Alan, Rappi, Hopin and Nubank; alongside prominent VCs and angels, like Indexs Danny Rimer and Prima Materias Shakil Khan. 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. Mark Cuban joins host Harry Stebbings to talk about reshaping the pharmaceuticals industry, how to hire and build truly great teams, what brand really means . How and when to hire for sales? The first episode was released on 10 January 2015 and was an interview with Guy Kawasaki. Hindu nationalists claim that the chatbot has insulted their deities, sparking an online uproar. He formally announced he was leaving Stride in February. Find out more about how we use your personal data in our privacy policy and cookie policy. That way hes known so when he sends an investor an email, he can make sure its got that personal touch. Offers may be subject to change without notice. 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. Because of all the shows and relationships, if were looking at a payments infrastructure business, we can speak to the founding team at Stripe or Nubank [an LP in the fund] and pull in the best minds to help me analyse this business. At least in theory, everyone benefits. [7] In June 2021, Stebbings raised a further US$140,000,000 in funding. For Stebbings, its far from over. They meet the coolest companies, and the founders go, Oh my god, were meeting the founder of Nubank. It helps on both sides of the table, and we can really win deals because of that.. Harry Stebbings Podcast Host Family: Parents: Father: Mother: Sibling(s) Brother(s): Sister(s): Education & Qualification: School: College: Education: Harry Stebbings Podcast Host Contact . Stebbings released his first podcast an interview with Silicon Valley VC Guy Kawasaki on January 10, 2015. Its a small part, but its super collaborative, and I bring something very different., He says he can also bring something to the due diligence process. He is a man of average stature. From the $33m early-stage fund, Stebbings will write cheques of $250-500k in a $3-4m seed round. I love the podcast, now I love being a VC but I always wanted to be a VC.. 20VC, hosted by Harry Stebbings, takes you inside the world of Venture Capital, Startup Funding and The Pitch. Currently, the fund focuses on investments in the United States with an average investment size of US$500,000. commentary and analysis you can trust. 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. Edit. I loved the concept, the structure, the brevity, but a number of characteristics bothered me. Harry filled the gap, with examples like this show with my favorite LP/blogger, Chris Douvos, of Venture Investment Associates. 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. Find out more about how we use your personal data in our privacy policy and cookie policy. Hes excited to be there, so his guests are too. To paraphrase the cartoonist Peter Steiner, it helps that on the internet, nobody knows youre a 19 year old. This United Kingdom businessrelated biographical article is a stub. 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). and other data for a number of reasons, such as keeping FT Sites reliable and secure, 2023 Fortune Media IP Limited. [1] The first episode was an interview with Guy Kawasaki, released on 10 January 2015. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. 20VC, hosted by Harry Stebbings, takes you inside the world of Venture Capital, Startup Funding and The Pitch. WIRED first speaks to Stebbings on a brisk Thursday morning in early October. Big Tech Jobs Were Once a Golden Ticket. Just think of that great name: The Twenty Minute VC Podcast says it all in 5 words. 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? Heres what leaders can do to fix that, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. 25 Jan 2023 01:20:19 But success posed a dilemma for Stebbings, who was starting a law degree at King's College, London. Stebbings energy is overpowering. The Official Saastr Podcast was his first project at Saastr. harry stebbings Apps Meta says it is experimenting with AI-powered chat on WhatsApp and Messenger Ivan Mehta 10:18 PM PST February 27, 2023 No company is immune from the generative AI wave,. Stebbings called his podcast The Twenty Minute VC. And Destin told the worldvia a somewhat amusing Twitter thread. 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. On February 11, 2019, Harry revealed on tweeter that his dad has had multiple heart attacks while his mother suffers from relapsing & remitting MS. 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. Menu. Harry Stebbings' Creator Profile This is a podcast creator profile for Harry Stebbings. Which brings me to my second point, which is that Stebbings raising such a massive tranche of capital could quiet some of the worry around emerging fund managers being unable to, well, 15X their initial micro-funds. Simply put, this concept requires quality content to be put out regularly to build an audience. [6] Stebbings launched his venture capital fund, 20VC fund, in May 2020. I loved the concept, the structure, the brevity, but a number of characteristics bothered me. Hes moved on pretty quickly though. Why? Subscribe to Fortune Dailyto get essential business stories straight to your inbox each morning. Stebbings told Fortune that while he admired Destin and considered him a mentor and friend, their investing styles ultimately diverged. He proceeded to Northcote Lodge from 2004 to 2008. Harry left his job at venture capital firm Atomico in May 2017 after six months since he began working there. Most recently, Harry joined Jason Lemkin at Saastr with an aim of building out the platform and also expanding into new verticals. He reckons he sees between 25 and 40 high-quality, vetted deals per week. Why PLG and enterprise at same time is SO hard. 20VC: Harry Stebbings on The Biggest Takeaways From Interviewing The World's Best Investors, What Makes A Truly Great Interview & Some Big News. So, lately, he's been listening to job offers. . Meta Verified Shows a Company Running Out of Ideas. Founders Friday 002: Balderton's James Wise interviews 20VC Founder, Harry Stebbings (Podcast Episode 2015) Parents Guide and Certifications from around the world. In May 2020, he launched his venture capital fund, 20VC fund and raised a further US$140,000,000 in funding in June 2021. So what magic do they see in this boy wonder? He was born to his parents in London, England. 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. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. (Stebbings says that Stride to eventually raise the full 100 million it had initially planned for, but that achievement of the milestone was never formally announced. Deals, of course which he hears about through his podcast. That's one of the biggest solo VC partner funds either side of the Atlantic. The podcast host guests from more than 200VCs such as Benchmark, Y Combinator, Kleiner, Accel, and Index. Heres how it works. organisation Noah Kagan Podcast, Bio, Wiki, Age, Wife, YouTube, Blog, Salary, And Net Worth, Howard Lindzon Podcast, Bio, Wiki, Age, Wife, Stocktwits, Salary, and Net Worth, Copyright 2023 | WordPress Theme by MH Themes, List of States in the US, Alphabetical list of States in the U.S., and Abbreviation of States in United States. 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. Stebbings also works as a consultant, helping VCs polish their personal brands on social media. Harry Stebbings loves venture capital. 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. I realised that the way to win in this industry was to get all the different nodes of the network startups, VCs and LPs and if you have the best network between all three, then relatively speaking you should be the best at it, Stebbings explains. 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. with Mattias Ljungman, Co-Founder & General Partner @ Atomico (Podcast Episode 2017) Parents Guide and Certifications from around the world.