20VC Fund

@Rahul_J_Mathur @AcquiredFM @lennysan @HarryStebbings @patrick_oshag @joincolossus Boom!

Out of this: 3.5K mins was the 20VC podcast - followed by the rest Btw, I got a lovely message in the Spotify app from Lenny - turns out I'm one of his power listeners! I will publish my Top 20 episodes for 2025 later during the Christmas break

2025: 16.8K mins of podcasts equals 1 hr per day for 275 days in the year😄 Mostly at the gym at 1.5x speed - compounding every year on knowledge, information & insights:

@BrianWalkerCA @creandum LFG

Stockholm was electric. We didn’t take the trophy - but we shipped. Built an agentic outreach tool in 20 hrs, closed our first license, 2 LOIs, and $20K ARR in ~24h. Speed > talk. Huge thanks to ProjectEurope_⁩, @20vcFund⁩, ⁦⁦@creandum⁩ linkedin.com/posts/thebrian…

@ShenSeanChen @fpodoo @Odoo Fabien is our hero

Fabien @fpodoo from @Odoo is a role model. Don't hire VPs who bring their habits in, don't care about valuations, don't want to be in a tier-1 city to cultivate people retention, just need enough revenue to finance the company, and dedicatedly and obsessively focus on delivering the best product with affordable prices to the businesses. Legends. Thank you both for the show! @HarryStebbings @20vcFund youtu.be/vgvbRRVreHI?si…

996 Vibes ✌️ Cc @antonosika

@defaultRuntime @awxjack Means the world to me

This episode of @20VCfund interviewing @awxjack is 🔥🔥🔥🔥

@endowment_eddie @HarryStebbings @rodriscoll @jasonlk Means a lot man!

@HarryStebbings @rodriscoll @20vcFund @jasonlk That ep was an absolute banger

“[VCs] love new s**t with option value over old s**t with intrinsic value.” - @rodriscoll So do LPs. Messy/zombie portfolios to LPs are the same thing as tech debt/lost momentum to GPs. Hardest fund to raise continues to be Fund 3-5, $200-$1B in size. These GPs got in biz in the past 8-10 years and have limited DPI. They’re sized where they have to lead, have real ownership, etc. Fund 1/platforms are easier to raise.

@credistick @MosesSternstein @wquist Means a lot man!

@MosesSternstein @wquist I agree with Will, my only question is whether that model is ‘scalable’ in the way that the venture banks seem to be betting on. I also totally agree with you. This is a fantastic @20vcFund podcast that spends a good amount of time that topic: youtu.be/If0UxGxTuFg?si…

A wonderfully rational conversation about liquidity in venture capital, with @wquist and @MosesSternstein. They cover a few related topics: - Short, medium and long-term incentives to go public - The mechanics of distributing private stock to LPs - Is there a liquidity problem or a price problem What I'd add: the Stripe/SpaceX model of staying private for such an extended period is exceptional. It requires a trifecta of extreme value (scale + persistent growth), brand strength (household name), and impeccable governance (top-tier leadership). There's an assumption in the 'venture bank' model that this playbook will work for (a number) of other companies. That the biggest winners will default to staying private due to the burden of public company reporting, and will be able to do so successfully. This experiment is going to take a long time to play out, with a huge question mark as to whether there are enough Stripe or SpaceX caliber companies out there. I agree emphatically with Will on the benefits of going public, for companies and the market broadly (stronger governance, lower long-term cost of capital). This is why I believe IPOs will return as the default target for VC in the near future. All of today's arguments against going public were true in 2021, amidst a surge of venture-backed listings. The difference between then and now is simply the recognition of a value/price disconnect. It's easier to say you don't want to go public because of market conditions / burdensome requirements than it is to admit you can't go public because of your poor financial health. As the market corrects from 14 years of low-interest-rate behavior, and the divergence of venture capital and venture bank strategies, we will see the rate of venture-backed IPOs slowly recover. This may accelerate as current assumptions about longevity in private markets are tested.

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RT @HarryStebbings: This new style of show with @rodriscoll and @jasonlk literally broke downloads records last week. So tomorrow, it’s b…

I saw this question on TikTok, this would be my answer: 1. Work like an absolute dog. Get ahead when you are young. 2. Relationships rule all. People remember the little things. 3. When it comes to product, care obsessively. The details are not the details. They are the product. 4. Choose a tribe of 5 people you admire and would go to war for. Make them your priority. 5. Send the email that night. Not tomorrow, not later. Speed is everything. 6. Love your mama. There is no relationship like it.

We just closed an $8M deal 💰 We never could have done it without the help of Alpha Sense! @AlphaSenseInc gave us expert transcripts, competitor intel & market trends in seconds ⚡️ If you’re still doing research the old way, you’re already behind. #Ad #alphasense #20vc

@BFayyumi @FoundersPodcast @AcquiredFM @tbpn Great selection!

Tell me you’re into startups without telling me you’re into startups

Ten years ago today, I pressed publish on the first ever 20VC episode with Guy Kawasaki. I was 18, had $50 to my name and didn't know a single VC. The recording studio was my mother’s kitchen. 10 Years Later: 💵 $750M raised. 🎙️ 2,800 episodes. 🚀 125M downloads. I walk a marathon a weekend with my mother. This weekend, I reflected on the lessons marathon running has taught me over the 10 years of building 20VC, I present you with 10 today.👇

This is the show we have all been waiting for. Revolut is one of the generational companies of our time. Today we get answers to the questions we all want to know. 🏦 Where & when will Revolut IPO? 🚀 How does Revolut plan to reach $100BN valuation? 🇺🇲 How will Revolut win the US? My 8 🔥 takeaways 👇

The @HarryStebbings Effect: – 200+ Applicants – Every Tier 1 Investor in my DMs – ~€4.000.000 of potential revenue in my DMs – 3.000+ LinkedIn Requests – 300+ Twitter Followers That’s actual, tangible value added.

OpenAI is one of the most impactful and defining companies of our time. @sama on: 🚀 Will model capabilities continue to improve at this rate? 🤖 The most exciting agent use case 🚂 Which startups will be steamrolled by OpenAI My 9 🔥 lessons 👇

Revolut is one of the fastest growing fintechs on the planet. The numbers are simply insane: 💰 $45BN valuation 🌎 45m+ customers 🚀 $2.2BN revenue in 2023, up 95% YoY Today we reveal the growth playbook that allowed them to scale to be a global giant with Antoine Le Nel 👇

Thanks @HarryStebbings for the swag! @20vcFund x @PachamaInc 🚀

@Kieranleehill @HarryStebbings @josefchen Nah mate you aren’t cos you are bone idol.

@HarryStebbings @josefchen @20vcFund You saying I’m not because I have X!?

Mad respect for VCs who stay late to meet founders @20vcFund @Kieranleehill & Paul Bonnet @HarryStebbings you’ve got a great team

The 1st time I met Max, it was a Sunday afternoon. He jumped on a call with me, apologised for being 2 mins late... He had just driven 3 hours, in the snow, back from a warehouse in some random town in northern Germany 🇩🇪 He had spent the previous night and early morning in a warehouse speaking to a dozen road freight drivers that they had recently on-boarded to the #ZeKju platform 🚛 Him and his co-founder, Hendrik, did this EVERY weekend... Doing things that don't scale and looking at unloved industries with first principle thinking. A no-brainer to bring into the @20vcFund portfolio 🙌 Hear from @20SALES_vc, #20Growth and myself on why we backed these legends 👇 And delighted @destraynor, @patcummins30, @MarioGoetze, @rosbergxracing and many others have joined this 🚀