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. 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 That way hes known so when he sends an investor an email, he can make sure its got that personal touch. Heres what leaders can do to fix that, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Be the first to add a certification; Hes come from a meeting I do back-to-back meetings on Thursday and hes on his way to another one. . 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.. The angel podcast just wasnt attracting as many downloads for predictable reasons. Continue reading. For cost savings, you can change your plan at any time online in the Settings & Account section. Why? 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. Harry Stebbings: Ryan. 2023 Fortune Media IP Limited. How and when to hire for sales? 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. [6] Stebbings launched his venture capital fund, 20VC fund, in May 2020. Deals, of course which he hears about through his podcast. He was born on June 22, 1996, in London, England. Simply log into Settings & Account and select "Cancel" on the right-hand side. (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! This United Kingdom businessrelated biographical article is a stub. "It's not going to make me a millionaire, but as a 20-year-old, it's nice to have," he says. Take Johnny Boufarhat at Hopin (one of those founders who would call him up at midnight): The events platform is just one element of the product that unlocks a lot more.. If you would like to customise your choices, click 'Manage privacy settings'. Harry analyzed the data, and ditched what wasnt working. Thats one of the biggest solo VC partner funds either side of the Atlantic. It's completely different world, he says, sounding, for a brief moment, wistful. Its even harder for diverse, underrepresented founders. 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. On February 11, 2019, Harry revealed on tweeter that his dad has had multiple heart attacks while his mother suffers from relapsing & remitting MS. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. In a series of tweets . Some of them were really interesting. Just think of that great name: The Twenty Minute VC Podcast says it all in 5 words. The latest example: Harry now also hosts the SaaStr podcast, bringing in the enormous audience, influence and contacts of Jason Lemkin. 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. Currently, the fund focuses on investments in the United States with an average investment size of US$500,000. Harry is 25 years old. The 20VC portfolio already includes a few reported unicorns, including audio app Clubhouse and virtual event organizer Hopin. Currenlty, Harry serves as the contributor for TechCrunch. [3], Stebbings stepped down as partner at Stride.VC, a firm he co-founded with Fred Destin in 2018 with 100,000,000. Which begs the question: how has he come so far, so fast? [8] The fund focuses on investments in Europe and North America. (Hes a solid A now.) Jobs People Learning Dismiss . 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. He interviews entrepreneurs, as well as limited partners, the big funds that provide most of the money for VCs. I love founders calling me up at midnight. Text Harry Stebbings, the 24-year-old host of a popular podcast about venture capital, has raised $140 million to invest in startups. It's not a matter of can you tell it's the best, it's a matter of can you simply get into it. 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. Harry Stebbings' Post Harry Stebbings Founder @ 20VC 4d Report this post . Menu. 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". 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. 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. ], 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! 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. Called 20VC, the plan is to invest in U.S. startups across. 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 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. 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. Harry Stebbings has secured investment . I've told Atomico very clearly, I'm not changing my mission., Ah yes, the mission. Well, one interview leads to anotherand hes always quick to thank and give public credit to the introducer. [Postscriptafter seeing the published post, Harry informs me he is no longer a teenager, having turned 20 two weeks ago. The enshittification of apps is real. 2023 Sifted EU Ltd. All Rights Reserved. Harry, in the words of your countryman Ali G, Respek! Interviews of low profile angels investing small amounts of money couldnt compete with shows with higher profile VCs investing big buckets of money. WIRED can reveal that the London-based fund set up by Skype co-founder Niklas Zennstrm has hired Stebbings as an investor. Danny [Rimer], one of the very best VCs of our generation, is a mentor to me. SaaStr Podcast #001: Tiago Paiva, Founder On How Talkdesk Reached $3m in Sales Without Spending $1 on Marketing. The podcast broke all records on release. A tweet or blog from a venture capitalist you follow? Harry is a podcaster and founder of 20VC. The breakthroughs and innovations that we uncover lead to new ways of thinking, new connections, and new industries. In May 2020, he launched his venture capital fund, 20VC fund and raised a further US$140,000,000 in funding in June 2021. But few have raised as much capital as quickly as Stebbings, who grew up in Fulham, south-west London. He once shared a photo of him and his mother where he referred to her as HERO. And Harrys impact just keeps snowballing. Postings on Product Hunt? At least in theory, everyone benefits. In 2021, Harry went through his first big breakup. personalising content and ads, providing social media features and to The latest trend to hit the video-sharing site is a backlash against hauls and self-serving recommendations. Shes the coauthor of our weekly Startup Life newsletter, which you can subscribe to here. 25 Jan 2023 01:20:19 That's one of the biggest solo VC partner funds either side of the Atlantic. 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 . 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. 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. 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. For more, follow Harrys Twenty Minute VC Collection on Product Hunt. Stebbings laughs. 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. How did you hear about the 20 minute VC? Which goes back to. Incredible guy. 2023 Forbes Media LLC. 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. We support credit card, debit card and PayPal payments. Central banks need to show a bit more imagination, Who to fire? When other investors invite Stebbings to join a round, the motivation is simple: hes a pretty useful PR machine. 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 . Begun in 2014, it has garnered some 200,000 subscribers and has been downloaded more than 80 million times. "Five years later, after obsessively reading and studying the industry, I saw the opportunity for a podcast.". I've heard so many good things from Delian, from Alex, from Keith, from Alfred. I dont love being on the board. There are many investors who started as journalistsMichael Moritz, Esther Dyson, Stuart Alsop, Jason Calacanis, Semil Shah, MG Siegler the list goes on. 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. Techstars co-founder Brad Feld says it's "the only thing I listen to in the morning". 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 a British venture capitalist, that started "The Twenty Minute VC" podcast and in 2020 launched his own venture capital fund.