
9:15 pm Monday night. Not a single Eng has left yet. The only thing to do in life is build.
Adeyinka+
70 posts

@YinkaPlus
A high signal low noise stream of thoughts from @ADYK_41 about work, startups, products, people and society at large.

9:15 pm Monday night. Not a single Eng has left yet. The only thing to do in life is build.


Balderton Capital got a ~2,050× multiple on its £1.5M seed investment in Revolut. Today that stake is worth around $6.15B 🤯 The numbers (roughly from Crunchbase & Bloomberg data): Balderton first invested £1.5M in Revolut’s 2015 seed round at an £8M valuation, which gave the firm 14.56% of the company. Seedcamp also invested at this stage. In 2016, Index Ventures led a £4.8M follow-on seed round. The dilution from this round reduced Balderton’s stake to ~9.1%. Shortly after, Balderton led the Series A. Following that round, their position adjusted to ~10.9%. As Revolut scaled, several significant fundraising rounds followed: - $250M at a $1.95B valuation - $580M at $6.08B - $800M at $33.8B After these rounds, Balderton’s stake moved to 9.29% → 8.40% → 8.20%. At the $33.8B valuation, their stake was worth approximately $2.77B. In 2024 and 2025, secondary transactions priced Revolut at $45B and then $75B. At the $75B valuation, Balderton’s ~8.2% stake is estimated at $6.15B. Across their early checks (roughly £3M in total), this results in an approximate 2,050× return on capital. For context: An individual who invested £1,000 on the same terms would see that grow to roughly £2,050,000. This single position generated more than 20× the size of Balderton’s £300M fund 🤯 This is probably the best single VC investment in Europe's history

As we look to rightfully blame the poor regulation of the ultrarich for society's demise; we must not fail to point out the complicity of everyday consumerism in the equation. People don't consume in their best interest. There's power in how we consume & most people wield this power carelessly.



One fascinating thing about Netflix is that every. single. part. of the user experience is better than their competitors. Every click. Every pixel. Literally everything And every piece of content is worse The UX won. And it wasn’t close There’s a lesson there

@MartinGTobias Still searching for an AI EA that gets real-world workflows right. Most miss the nuance and context. Has anyone actually found one that handles the basics without constant supervision?

Go to founder events. - Everyone's pitching. - Everyone's networking. - Everyone's 'building something big.' I leave exhausted. Realized: I don't actually like most founders. I like the 5% who are honest about struggling. The rest feel like performance art.