🎙️ In a recent podcast episode of 20 Minute VC with guest Trae Stephens from Founders Fund, the hosts explored the topic of competitive deals. Among the many gems, one profound statement resonated particularly deeply in today's bustling startup ecosystem: "There is something deeply troubling with #prices getting out of control that has nothing to do with the price itself - usually what an #inflated price means is that the deal is being competed and the founders believe that they have leverage." 💸 These words reveal a crucial truth: the allure of a #competitive deal can sometimes blind investors to its underlying risks. When prices soar and bidding wars erupt, it's easy to lose sight of what truly matters: the intrinsic #value of the investment 💡 Therefore, it's crucial to remember that the most competitive deals aren't necessarily the best ones. In fact, they may be the most perilous. Why? Because in the frenzy of competition, #critical factors such as team alignment and unique value propositions can be overlooked. 💬 According to Trae, the most competitive deals can be the worst ones because they are the ones that create super consensus: everyone rushed to agree on the team and on the thesis; the investment lacks an edge, and everything is going to be expensive in every financing round. Consequently, the expected value of the investment will decrease. Our general partner Gregor Unger agrees: There are opportunities that are obviously good, everyone knows it, and someone wins it. In the past, these opportunities would float around: every investor takes a look, then someone commits to it and wants to lead, and, then, suddenly everyone jumps on board, causing the price to rise. 📈 Of course, there are instances where #competitive #deals are justified. Consider Facebook’s early-stage rounds fueled by its undeniably extraordinary growth rates and massive market. However, succumbing to the allure of competition often leads to compromising investment criteria and foregoing due diligence. In essence, investing in startups is not merely about winning the deal; it's about securing long-term #value and mitigating risks. So, instead of living for the thrill of competition, let's focus on identifying investments with genuine potential and sustainable advantages 🚀 What do you think? Are the most competitive deals the worst? 🤔👇🏽💭 Listen to the full podcast episode here: https://lnkd.in/ezupDQNy #StartupInvesting #VentureCapital #InvestmentStrategy #FoundersFund #20MinuteVC Harry Stebbings
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Strategy & Operations | I help leaders bring their vision to life by building from 0 to 1 | Angel Investor in Climate and Mental Health | Techstars Mentor
It's not just about writing checks; it's about winning together. This my investment philosophy when it comes to angel investing, which I shared with Artur Pawelko 🇵🇱 in an episode of his Sidepocket podcast. Despite being a smaller portion of my portfolio, early-state startups are what gets me really excited about investing. Being able to support companies that align with my values and participating in their success with strategic and operational support is extremely rewarding to me. What is your investment philosophy?
Dive into our latest podcast episode featuring Matteo Costa, startup mentor, angel investor, and ETF strategist! Join us as Matteo shares insights from his journey into angel investing and startup mentoring, including his recent venture into Techstars - as well as learn how he developed his long term ETF portfolio. Discover how Matteo's diverse background in consulting, corporate innovation, and startup co-founding shaped his approach to investing and supporting early-stage companies. Learn about Matteo's passion for impact investing in sectors such as food tech, sustainability, climate tech, mental health, and psychedelics, and how he navigates the challenges and opportunities of angel investing. Don't miss this engaging conversation with Matteo Costa, where we explore the intersection of entrepreneurship, impact, and long-term wealth creation! #EntrepreneurJourney #InvestmentInsights #SidepocketPodcast Full podcast here: https://hubs.ly/Q02qjYlz0
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One from the Nothing Ventured archives ⏳ Check out this episode where Aarish spoke with Marcus Love, Co-Founder and General Partner at Love Ventures which he founded in 2020 to partner with exceptional founders to help them realise their vision. Love Ventures specialises in FinTech, PropTech, ConsumerTech at Seed to Series A stage and UK only (for now). Here are 3 of the insights from this fantastic episode with the consumate investor: 1️⃣ Personal Branding: Marcus highlighted the power of personal branding in the world of startups and investing. He noted how emerging managers are seeing tremendous success because people identify with the personal brand they've built. It's no longer just about the company brand, but also about the individuals behind it. So, if you're an emerging manager, start building your personal brand and showcase your expertise and track record! 2️⃣ Building the Dream Team: Marcus compared building a fund to building a football or netball team. You need to assemble your A team quickly and strategically. Surround yourself with talented individuals who complement your skills and can help drive your fund's success. As you grow, be open to swapping out weaker team members to ensure you have the strongest lineup possible. 3️⃣ The Power of Hustle: Marcus's number one recommendation for emerging managers? Hustle! You have to want this and be willing to put in the work. Building a fund is no easy feat, but with determination, perseverance, and a thick skin, you can overcome any challenges that come your way. So, embrace the hustle and stay committed to your vision! Subscribe and rate wherever you get your podcasts :) YouTube: https://lnkd.in/drq6Y4mT Spotify: https://lnkd.in/dCzrDScU Apple: https://lnkd.in/dCcbkzHc __________________ Follow Aarish and Nothing Ventured on LinkedIn, ring our bells and all that good stuff or see what else we're up to here 👇🏾 ✍🏾 Sign up to Off Balance newsletter: https://lnkd.in/d95ktRFa 📖 Sign up for early access to the Off Balance Book - 100 lessons from 2 decades as CFO and CEO: https://lnkd.in/dB44-xET #Startups #CFOInsights #VentureCapital #NothingVenturedPodcast #founder #business #finance #investor #vc
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$100M Exit Founder & CEO | Investor | Host of The Founder’s Journey Podcast | Multi-Time Ironman Triathlete
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Unlocking Successful VC Partnerships: Insights from Industry Ventures’ Hans Swildens In the latest episode of the "Driving Alpha" podcast, Steve Brotman, MP at Alpha Partners, had an enlightening conversation with Hans Swildens, CEO and co-founder of Industry Ventures. Hans shared his insights on the key characteristics that define successful VC partnerships. Here are the three main categories of VC fund managers they discussed: 1️⃣ The Spinners from Brand-Name Firms: Experienced professionals from top-tier firms like Sequoia or Kleiner Perkins, who leverage their extensive networks and sector-specific focus to start their own ventures. 2️⃣ The Entrepreneurial Veterans: Successful entrepreneurs who transition into venture capital, investing their own capital and inviting LPs to join their investment journeys. Their deep understanding of the entrepreneurial mindset sets them apart. 3️⃣ The Angel Network Powerhouses: Individuals with strong angel networks from major tech companies like Google or Facebook, who follow engineering talent and provide seed funding to promising new startups. Understanding these categories can help LPs identify the most promising investment opportunities and navigate the dynamic VC landscape. Checkout the full podcast episode here: https://lnkd.in/e2zKq_28 #VentureCapital #Entrepreneurship #AngelInvesting #DrivingAlpha #IndustryVentures #VCPartnerships #InvestmentStrategies #Innovation #StartupSuccess
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🎙️ Time to learn 🚀📈 In the latest episode of the We Have a Meeting podcast, James Du Boulay Growth Manager of Fuel Ventures, dropping some serious knowledge on how to secure strategic investors for technology businesses. 💼💰 James emphasises the power of building relationships and delivering compelling opportunities to potential investors. 💪✨ He shares his expert insights on his structured approach to raising funds and staying up-to-date with stock markets and global economics. 📈🌍 Let's face it, folks, the current investment landscape isn't a walk in the park. 🌱💼 James sheds light on the challenges startups face in securing funding and offers valuable advice on crafting the perfect pitch for venture capitalists. 🎯💡 Tune in, take notes, and keep an eye on Fuel Ventures. 🚀💼 #Podcast #InvestmentOpportunities #Entrepreneurship #TechBusiness #FuelVentures #GrowthStrategy
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Last week, Frank Kang sat down with Weng Honn Kan to share the story of his journey from entrepreneur to venture capital. Frank’s seen the startup world from both sides—first as a founder, now as a VC—and he’s got a unique perspective on what really matters. Frank dives deep into the highs and lows he’s faced along the way, and how those experiences shape his approach to investing today. He talks about the common pitfalls founders fall into—like chasing metrics over meaningful connections with customers. If you’re curious about what really goes on in the mind of a VC who’s been in the trenches himself, this is one to watch. 📅 Mark your calendar: 7th September 2024, 9 PM (GMT 8). The link to the podcast is in the comments below.
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3 reasons founders should be active angel investors: ✅ Broader Perspective: getting an insider's view of a bunch of other startups can be an incredible learning experience that can make you a better founder. ✅ Network Strengthening: there is no better way to build strong relationships with other founders in your community than by putting your money where your mouth is. ✅ Diversification: Most startups fail. Why not give yourself more chances of that big exit by investors in your fellow founders? ...and 2 reasons they shouldn't: ❌ Distraction Potential: angel investing take time. Perhaps you are better off spending that time doing everything you can to make your own startup succeed? ❌ Negative signalling: whether or not you find it distracting, a lot of VCs (and maybe even your employees) won't like to see you investing your time, money, and energy into other people's startups. We talk all about angel investing in today's episode of The Startup Podcast. What do you think? Should founders angel invest?
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Regular investor updates do not guarantee a start-up’s success; however, the absence of regular investor updates is a common trait for many failed start-ups. As Jason Calacanis a successful entrepreneur and angel investor in many technology start-ups and co-host of the popular All-In Podcast, wrote: “These updates seem to be hard for one group of people and super easy for others. I know this because as an angel investor, I learned a hard lesson early — you can call it “Jason’s Rule of Start-ups” — it goes like this: If your start-up isn’t sending you monthly updates, it’s going out of business. If you’re not sending the report because you’re ashamed of how bad your start-up is doing, you’re making a big mistake.” Communicate your problems to your angel investors. They get it and they expect it. Welcome to start-up land. It’s hard work and angel investors know that they are there to help a founder through the start-up’s early (and often very hard) years. #startup #founders #investors #angelinvestors #venturecapital https://lnkd.in/gXKsvdYx
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Startup Hustle invited Stephen Wolfe onto the podcast to talk about practical funding and founder-market fit. Some key themes from the episode include: - Founder-market fit is crucial to success - Traditional venture capital isn't appropriate for most entrepreneurs (read Greg Head's content about practical founders) - Early growth capital, like Growth Street's, is a sensible path for most founders to raise the proper amount of capital for their opportunity and to get the right kind of help Listen here: https://lnkd.in/gfZNnmAk
Practical Funding & Founder-Market Fit
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This is true. If something is too obvious its very dangerous for investors. The worst decisions are made in consensus.