He changed some things (no longer effusively praising any minor league VC with no meaningful exits as a legend), but also stood his own ground when I suggested that he ask more hardball questions. Which European banking app is winning the race for customers? [7] Interviews of low profile angels investing small amounts of money couldnt compete with shows with higher profile VCs investing big buckets of money. That blue check mark looks awfully familiar. Bpifrance: Inside the machine powering French techs rise, Text-to-video GenAI for staff training startup Colossyan raises Series A. When other investors invite Stebbings to join a round, the motivation is simple: hes a pretty useful PR machine. A tweet or blog from a venture capitalist you follow? Find out more about how we use your personal data in our privacy policy and cookie policy. Fast forward two years, and Stebbings boyhood dream has become a reality. But in my book he is still a wunderkind! But the best, definitely, was Atomico. After recovering from the cancer treatments, I published highly subjective rankings of 75 startup podcasts. He was born to his parents in London, England. Today, The Twenty Minute VC averages 300,000 downloads an episode and counts the most prominent cheque-writers in the industry among its fans. Stebbings told Fortune that while he admired Destin and considered him a mentor and friend, their investing styles ultimately diverged. It is the essential source of information and ideas that make sense of a world in constant transformation. Apaer from startups and VC, Harry enjoys mojitos as well. (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! If I were a VC, Id be recruiting him as hard as possible. You can start listening to The Twenty Minute VC Podcast with some of these recent episodes: . His major role is to cover all things startups and VC funding. Its also part of a shrewd overall strategy one that Stebbings hopes will take him to very top. Be like Harry. Danny [Rimer], one of the very best VCs of our generation, is a mentor to me. Ever see much content on, say, the perspective of a VC funds limited partnersi.e., the source of all the money? Jan 17, 2023 419.8K Views 98 Retweets 61 Quote Tweets 1,238 Likes Simply put, this concept requires quality content to be put out regularly to build an audience. What are you trying to prove or disprove with this round? The answers will show how well you understand the business and funding environment., Leadership skills arent so important although if they dont have them, they need to be figuring out how to gain them. The enshittification of apps is real. organisation When expanded it provides a list of search options that will switch the search inputs to match the current selection. Some of them were really interesting. Despite an economic crisis, political chaos, and the regimes ban, TikTok influencers are still thriving in Afghanistan. The breakthroughs and innovations that we uncover lead to new ways of thinking, new connections, and new industries. Harry is 25 years old. Showing all 0 items Jump to: Certification; Certification. 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? You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Text Harry Stebbings, the 24-year-old host of a popular podcast about venture capital, has raised $140 million to invest in startups. Meta Verified Shows a Company Running Out of Ideas. "It's not going to make me a millionaire, but as a 20-year-old, it's nice to have," he says. I love the podcast, now I love being a VC but I always wanted to be a VC.. Harry also works very closely with Jason Lemkin @ SaaStr where they work to produce The Official SaaStr Podcast. [8] The fund focuses on investments in Europe and North America. 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. 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. For more, follow Harrys Twenty Minute VC Collection on Product Hunt. Currenlty, Harry serves as the contributor for TechCrunch. Thats one of the biggest solo VC partner funds either side of the Atlantic. [6] Stebbings launched his venture capital fund, 20VC fund, in May 2020. Why PLG and enterprise at same time is SO hard. Stebbings is blunter. Learn more It's not a matter of can you tell it's the best, it's a matter of can you simply get into it. His investors are a notable bunch too, including . That's one of the biggest solo VC partner funds either side of the Atlantic. Being on the board is difficult you lose that intimacy, he says. cookies This page showcases all of Harry Stebbings' podcast credits and appearances such as hosted episodes, guest interviews, and behind-the-scenes work. You know, xyz was on the show and makes the different case that. Updated to note Daniel Ek is not an LP in this fund. Earlier this year, podcaster-turned-VC Harry Stebbings went through his first big breakup. 2023 Forbes Media LLC. Who is this guy? Today, The Twenty Minute VC makes enough money from sponsorship to employ four full-time contractors, including Stebbings' father as head of business development. Wondering if I should drop a link to this post in the parents WhatsApp group #prime. Premium access for businesses and educational institutions. 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. It is so great to have you on the show today. 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. Heres what leaders can do to fix that, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Incredible guy. 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. 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). They get risk-free exposure; he gets content. He is also the founding partner of Stride.VC, a London-based early-stage fund. 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. The gamble paid off. Harry is a podcaster and founder of 20VC. Harry analyzed the data, and ditched what wasnt working. I bring my thesis, and they improve it with theirs. 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. Stebbings also works as a consultant, helping VCs polish their personal brands on social media. 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. 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 stepped down as partner at Stride.VC, a firm he co-founded with Fred Destin in 2018 with 100,000,000. 20VC, hosted by Harry Stebbings, takes you inside the world of Venture Capital, Startup Funding and The Pitch. A couple of years ago Harry approached me about being on The Twenty Minute VC, says Atomico partner Mattias Ljungman. All rights reserved. "I came out of the lecture, phoned my parents and said, 'I'm leaving.'". Currently, the fund focuses on investments in the United States with an average investment size of US$500,000. Harry is a 25-year-old founder of 20 VC and London-based podcaster who was born on June 22, 1996, in London, England. 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. If I grow the business and continue to to grow the business, my brand gets better and my deal flow gets better, he says. WIRED can reveal that the London-based fund set up by Skype co-founder Niklas Zennstrm has hired Stebbings as an investor. We use [4] [5] In 2019, Stebbings was included on the Forbes 30 Under 30 in Europe list, in the finance category. This is the 20 minute VC with me, Harry Stebbings. Now it needs them to drive economic growth. He formally announced he was leaving Stride in February. Well, one interview leads to anotherand hes always quick to thank and give public credit to the introducer. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Harry Stebbings loves venture capital. )Later, Stebbings began managing his 20VC microfund alongside his Stride role. (He's a solid A now.) Because Stebbings was only 18. I was undergoing chemo and radiation and had little energy. Hes also not planning on expanding his team massively. commentary and analysis you can trust. After my post, Harry contacted me, saying: Hi Im that overenthusiastic, fawning Brit you reviewed. Deals, of course which he hears about through his podcast. This week, Andreessen Horowitz launched Future, a full-fledged media operation that will cover trends in startups and tech. 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. Have you met Ed Cooke, founder of Memrise? He earns an average salary of $79,384 per year. 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. How did you hear about the 20 minute VC? 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. In 2000, Harry joined Fulham Pre School and graduated in 2004. We, TechCrunch, are part of the Yahoo family of brands. But few have raised as much capital as quickly as Stebbings, who grew up in Fulham, south-west London. While no stranger to cold-calling prospective subjects, he knows a warm intro is always the best way to gain access. 2023 Sifted EU Ltd. All Rights Reserved. In May 2020, he launched his venture capital fund, 20VC fund and raised a further US$140,000,000 in funding in June 2021. He also How do they think about putting a structure in place to grow into their leadership?. Called 20VC, the plan is to invest in U.S. startups across. You'll also be able to choose your preferred newsletter and report subscriptions. Stay informed and spot emerging risks and opportunities with independent global reporting, expert Success breeds success. Heres how it works. So, lately, he's been listening to job offers. Harry left his job at venture capital firm Atomico in May 2017 after six months since he began working there. 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. When someone adds him on Snapchat, where he has 40,000 followers, he makes sure to send back a cheery personalised greeting. ChatGPT Has Been Sucked Into India's Culture Wars. In a series of tweets . ", Read more: 'Now is the best time in history to be an entrepreneur in Europe': State of European Tech report. You can help Wikipedia by expanding it. offers FT membership to read for free. 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. 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.. Shes the coauthor of our weekly Startup Life newsletter, which you can subscribe to here. Central banks need to show a bit more imagination, Who to fire? We support credit card, debit card and PayPal payments. 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. The podcast broke all records on release. 2023 Fortune Media IP Limited. When The Social Network inspired him, he was sitting in Vue Fulham Broadway, aged just 13. 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. Not Anymore. Whether or not Stebbings is a one-off is unclear, but we do at least know that venture backers are viewing his Rolodex as a key competitive advantage and asset in the wild world of investing. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. The Mattermark Daily? What is their rate of growth to becoming a great leader? He once shared a photo of him and his mother where he referred to her as HERO. In five years' time, in all honesty, the goal is a $50 million (40m) fund of my own," he says. 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 I can introduce you if you like.. "Harry Stebbings moves from teenage podcaster to $140m investor", "From podcast star to 'the world's youngest VC': 20-year-old Harry Stebbings is joining Atomico", "The 'world's youngest VC' has left VC firm Atomico", "It's official: London-based Stride.VC raises 50M seed fund", "Harry Stebbings is leaving Stride, the VC firm he founded with Fred Destin", "Harry Stebbings Builds on Podcast to Raise $140 Million for Venture Funds", "24-year-old podcaster turned VC scores $140 million from MIT, Spotify backer to invest", "From Twenty Minute VC to 20VC, Harry Stebbings launches a micro VC off the back of his popular podcast", https://en.wikipedia.org/w/index.php?title=Harry_Stebbings&oldid=1135992058, This page was last edited on 28 January 2023, at 03:08. 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. I loved the concept, the structure, the brevity, but a number of characteristics bothered me. Harry Stebbings Expand search. Its the focus on collaborating, rather than competing, which really sets 20VC aside from Stride, says Stebbings. Check if your I've heard so many good things from Delian, from Alex, from Keith, from Alfred. 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. These Under 30s Have Bet Big On NFTsWill It Pay Off? Currenlty, Harry serves as the contributor for TechCrunch. 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. No. 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. (Hes a solid A now.) I was introduced to Harry Stebbings work at my lowest moment. Harry Stebbings' Creator Profile This is a podcast creator profile for Harry Stebbings. "That does sound rather worrying. Stebbings also works as a. He's moved on pretty quickly though. Now I just tell them to consider how a 19 year old who skipped college has become a household name with VCs. Host: Harry Stebbings (@HarryStebbings) Key Books Mentioned. Harry Stebbings Podcast Host Family: Parents: Father: Mother: Sibling(s) Brother(s): Sister(s): Education & Qualification: School: College: Education: Harry Stebbings Podcast Host Contact . Through his podcast, Stebbings builds relationships. How to Raise an Adult: Break Free of the Overparenting Trap and Prepare Your Kid for Success by Julie Lythcott-Haims. The premise was simple: each week, he would interview a prominent venture capitalist for 20 minutes. How has a 19 year old outside of Silicon Valley gotten so connected? 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. For Stebbings, its far from over. Most recently, Harry joined Jason Lemkin at Saastr with an aim of building out the platform and also expanding into new verticals. 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. university All Rights Reserved. Offers may be subject to change without notice. The angel podcast just wasnt attracting as many downloads for predictable reasons. "I looked at it and I thought, this is where my abilities lie, and this is what I love," Stebbings recalls. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. 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. In 2021, Harry went through his first big breakup. In 2021, Harry went through his first big breakup. 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. Stebbings energy is overpowering. Stebbings called his podcast The Twenty Minute VC. For a full comparison of Standard and Premium Digital, click here. The podcast host guests from more than 200VCs such as Benchmark, Y Combinator, Kleiner, Accel, and Index. 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. . Five years' time - that is, by age 25. There are many investors who started as journalistsMichael Moritz, Esther Dyson, Stuart Alsop, Jason Calacanis, Semil Shah, MG Siegler the list goes on.