He operates the following email address. Find out more about how we use your personal data in our privacy policy and cookie policy. With mass layoffs and pulled job offers, early-career workers no longer see tech giants as a safe bet. 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. But the best, definitely, was Atomico. [Postscriptafter seeing the published post, Harry informs me he is no longer a teenager, having turned 20 two weeks ago. Central banks need to show a bit more imagination, Who to fire? Begun in 2014, it has garnered some 200,000 subscribers and has been downloaded more than 80 million times. He once shared a photo of him and his mother where he referred to her as HERO. A couple of years ago Harry approached me about being on The Twenty Minute VC, says Atomico partner Mattias Ljungman. Welcome to Episode #001 of the SaaStr Podcast! 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. 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. Stebbings released his first podcast an interview with Silicon Valley VC Guy Kawasaki on January 10, 2015. Fast forward two years, and Stebbings boyhood dream has become a reality. Find out more about how we use your personal data in our privacy policy and cookie policy. organisation attended Mander Portman Woodward and Kins College London where he earned a Bachelors degree in Law. However, he did not give details on who he broke up with or his next step as far as dating is concerned. Dealflow comes from two sources: Rounds coming together and people [bringing me] in proactively, or me finding something interesting and being proactively outbound on that market., As far as outbound goes, at the moment (post-fundraise) his focus is on the KYC and AML (know your customers and anti-money laundering) sectors: Its a completely broken industry.. "I came out of the lecture, phoned my parents and said, 'I'm leaving.'". 25 Jan 2023 01:20:19 But the idea was at best fanciful, at worst downright foolhardy. 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. . Harry is a podcaster and founder of 20VC. The place to discover your next favorite thing. 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. These Under 30s Have Bet Big On NFTsWill It Pay Off? 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. This button displays the currently selected search type. 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. The interviews are rarely probing, but they can elicit interesting responses all the same. 2023 Sifted EU Ltd. All Rights Reserved. Its even harder for diverse, underrepresented founders. cookies But thatll be it. Updated to note Daniel Ek is not an LP in this fund. They get risk-free exposure; he gets content. The breakthroughs and innovations that we uncover lead to new ways of thinking, new connections, and new industries. Thoma Bravo buys third identity company this year with $2.3B ForgeRock acquisition So, lately, he's been listening to job offers. In 2021, Harry went through his first big breakup. The first episode was released on 10 January 2015 and was an interview with Guy Kawasaki. The podcast host guests from more than 200VCs such as Benchmark, Y Combinator, Kleiner, Accel, and Index. Stebbings is blunter. For a full comparison of Standard and Premium Digital, click here. Harry is a 25-year-old founder of 20 VC and London-based podcaster who was born on June 22, 1996, in London, England. And Harrys impact just keeps snowballing. Since launching in 2015, hes produced over 2.6k episodes and regularly speaks to the kind of founders and investors folks in the tech industry would kill to sit next to at a dinner party people like Spotifys Daniel Ek and Coinbases Brian Armstrong. 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. [3], Stebbings stepped down as partner at Stride.VC, a firm he co-founded with Fred Destin in 2018 with 100,000,000. In 2021, Harry went through his first big breakup. Techstars co-founder Brad Feld says it's "the only thing I listen to in the morning". From the $33m early-stage fund, Stebbings will write cheques of $250-500k in a $3-4m seed round. The latest trend to hit the video-sharing site is a backlash against hauls and self-serving recommendations. [4][5], In 2019, Stebbings was included on the Forbes 30 Under 30 in Europe list, in the finance category. When other investors invite Stebbings to join a round, the motivation is simple: hes a pretty useful PR machine. He interviews entrepreneurs, as well as limited partners, the big funds that provide most of the money for VCs. Jobs People Learning Dismiss . (Women are, however, notably few and far between on the guestlist.). [6], Stebbings launched his venture capital fund, 20VC fund, in May 2020. 20VC: Harry Stebbings on The Biggest Takeaways From Interviewing The World's Best Investors, What Makes A Truly Great Interview & Some Big News. Mark Zuckerberg has a new subscription service for Instagram and Facebook. Harry stands at a height of 5 ft 8 in ( Approx 1.73m). [1] The first episode was an interview with Guy Kawasaki, released on 10 January 2015. 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. The Official Saastr Podcast was his first project at Saastr. Interviews of low profile angels investing small amounts of money couldnt compete with shows with higher profile VCs investing big buckets of money. Mr. Stebbings launched 20VC out of London with an $8.3. Harry actually was doing two podcasts at the time, the other one focusing on European angels; it was justifiably forgettable. 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. If I were a VC, Id be recruiting him as hard as possible. All Rights Reserved. Postings on Product Hunt? 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. Parents Guide Add to guide . Being on the board is difficult you lose that intimacy, he says. Be like Harry. He said that once a venture capitalist is on a startups board it changes the relationship the investor can have with a founder, making it harder for the founder to confide in the venture capitalist and seek honest and frank advice. Join Harry and discover how you can attain funding for your business by listening to . 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. 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. Earlier this year, podcaster-turned-VC Harry Stebbings went through his first big breakup. And Destin told the worldvia a somewhat amusing Twitter thread. 20VC, hosted by Harry Stebbings, takes you inside the world of Venture Capital, Startup Funding and The Pitch. Text Harry Stebbings, the 24-year-old host of a popular podcast about venture capital, has raised $140 million to invest in startups. Stebbings stepped down as partner at Stride.VC, a firm he co-founded with Fred Destin in 2018 with 100,000,000. For cost savings, you can change your plan at any time online in the Settings & Account section. I gave Harry a B, summing up the show as VCs fawned over by an overenthusiastic Brit. Five years' time - that is, by age 25. You may change or cancel your subscription or trial at any time online. But in my book he is still a wunderkind! The earliest podcasts werent that great, but they just kept getting better. While no stranger to cold-calling prospective subjects, he knows a warm intro is always the best way to gain access. Despite an economic crisis, political chaos, and the regimes ban, TikTok influencers are still thriving in Afghanistan. . He formally announced he was leaving Stride in February. Which begs the question: how has he come so far, so fast? Based on recent conversations Ive had with emerging fund managers, its hard to get institutions, the ones with real check-writing power, on board for new funds because they only have so much capital allocated toward venture. He was born to his parents in London, England. For more, follow Harrys Twenty Minute VC Collection on Product Hunt. I dont consider myself a media person, Im an investor first. In 2000, Harry joined Fulham Pre School and graduated in 2004. [8] The fund focuses on investments in Europe and North America. 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. 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 . To paraphrase the cartoonist Peter Steiner, it helps that on the internet, nobody knows youre a 19 year old. 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. This United Kingdom businessrelated biographical article is a stub. The following was originally posted on Ty Dancos blog and is being republished with permission. 2023 Forbes Media LLC. We use Success breeds success. Turnoffs include founders who lack ambition, who try to cover things up and who arent great at fundraising (its part of their job), he says. I admired that he took the time and risk to his ego to get feedback from critics. As for Harry, Harry Stebbings is the founder of The Twenty Minute VC, the world's largest independent VC podcast with guests including Brad Feld, Andy Rachleff, Peter Fenton and many more. Subscribe to Fortune Dailyto get essential business stories straight to your inbox each morning. Host: Harry Stebbings (@HarryStebbings) Key Books Mentioned. Well, one interview leads to anotherand hes always quick to thank and give public credit to the introducer.