FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Stebbings started The Twenty Minute VC podcast with $50 and not a single contact in the venture capital industry. Harry Stebbings loves venture capital. A couple of years ago Harry approached me about being on The Twenty Minute VC, says Atomico partner Mattias Ljungman. 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). 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. In 2021, Harry went through his first big breakup. Incredible guy. Every 20 Minute VC follows the same format: three minutes on the VCs background, 15 minutes on business, then a series of personal questions to finish. Tech Volunteers Rush to Save Turkeys Earthquake Survivors. That way hes known so when he sends an investor an email, he can make sure its got that personal touch. Now funds are deployed in 12 months and you have to play the game on the field.. 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. It's completely different world, he says, sounding, for a brief moment, wistful. Stebbings told Fortune that while he admired Destin and considered him a mentor and friend, their investing styles ultimately diverged. 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. Its also part of a shrewd overall strategy one that Stebbings hopes will take him to very top. What is their rate of growth to becoming a great leader? If you say to a board member that you are struggling, they can fire you, Stebbings said.Still, in what may be the ultimate vote of confidence in his former protg, Destin has personally invested in Stebbings 20VC fund.This story has been updated to add Stebbings comments on Stride VCs first fund eventually hitting its target size. But success posed a dilemma for Stebbings, who was starting a law degree at King's College, London. 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. In 2021, Harry went through his first big breakup. 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. Explains the severe consequences of 'helicopter parenting' You can't bail your kids out of all their problems I dont consider myself a media person, Im an investor first. Stebbings released his first podcast an interview with Silicon Valley VC Guy Kawasaki on January 10, 2015. And he posts on all the major social media channels. 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. This week, Andreessen Horowitz launched Future, a full-fledged media operation that will cover trends in startups and tech. This page showcases all of Harry Stebbings' podcast credits and appearances such as hosted episodes, guest interviews, and behind-the-scenes work. Get unlimited access to all of Sifteds free coverage and analysis. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The Mattermark Daily? It is so great to have you on the show today. Powered and implemented by Interactive Data Managed Solutions. Now WIRED can exclusively reveal that Stebbings is going into investing himself a move he says will make him "the youngest VC in the world". 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. Called 20VC, the plan is to invest in U.S. startups across. 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 The following was originally posted on Ty Dancos blog and is being republished with permission. He once shared a photo of him and his mother where he referred to her as HERO. I thought not. ], 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! All rights reserved. He operates the following email address. Find out more about how we use your personal data in our privacy policy and cookie policy. Stebbings said that his early-stage fund, 20VC Early, will invest checks between $250,000 to $750,000, while his growth-stage fund, 20VC Explorer, will invest in Series B onwards, with checks between $1 million to $5 million. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Compare Standard and Premium Digital here. She covers VC, foodtech and diversity in tech, and tweets from@amyrlewin. How did you hear about the 20 minute VC? From the $33m early-stage fund, Stebbings will write cheques of $250-500k in a $3-4m seed round. ", Read more: 'Now is the best time in history to be an entrepreneur in Europe': State of European Tech report. First, media experience, and the ability to spout useful content in a noisy world, is being increasingly valued as an asset in the modernizing world of VC. In the last year, Stebbings has been able to start doing deals himself thanks, once again, to the strength of his personal brand. With mass layoffs and pulled job offers, early-career workers no longer see tech giants as a safe bet. If I were a VC, Id be recruiting him as hard as possible. 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. We, TechCrunch, are part of the Yahoo family of brands. Hes moved on pretty quickly though. Success breeds success. Currently, the fund focuses on investments in the United States with an average investment size of US$500,000. Join Harry and discover how you can attain funding for your business by listening to . Bluntly, Tiger has changed the game for venture. 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. 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. Interviews of low profile angels investing small amounts of money couldnt compete with shows with higher profile VCs investing big buckets of money. Harry Stebbings is a podcaster and founder of 20VC currently based in London, England, United Kingdom. They get risk-free exposure; he gets content. Within hours of the disaster, software engineers were rolling out applications to help locate people in need and distribute aid. [7] For Stebbings, its far from over. Offers may be subject to change without notice. Yet Stebbings is far more than a giddy teenager. 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. Showing all 0 items Jump to: Certification; Certification. 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. cookies ", 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. Hes ballooned to 100k downloads per show, getting bumps from social media mentions of people with large followings. But in my book he is still a wunderkind! Anything that strengthens collaboration between VCs and founders, especially in Europe, is a really positive thing, says Ljungman. So, lately, he's been listening to job offers. He proceeded to Northcote Lodge from 2004 to 2008. 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. At the end of the day, media is venture and venture is media. "That does sound rather worrying. Edit. To be honest, he says, the podcast was a plan for me to get into venture capitalism over a long period," he says. But hes confident that investing is his true calling. Harry actually was doing two podcasts at the time, the other one focusing on European angels; it was justifiably forgettable. Right concept, communicated perfectly. I have ZERO doubt that Harry soon will not be able to escape the allure of venture. 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? 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. The place to discover your next favorite thing. This is the 20 minute VC with me, Harry Stebbings. 20VC: Harry Stebbings on The Biggest Takeaways From Interviewing The World's Best Investors, What Makes A Truly Great Interview & Some Big News. 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