Content pfp
Content
@
0 reply
0 recast
0 reaction

Dan Romero pfp
Dan Romero
@dwr.eth
I don't know Harry, but skeptical that jumping from $8M fund in 2020 to $400M is going to work, especially if he's based in London. Hard enough not being in SV trying to compete with Bay Area based investors. Venture firms like Founder's Fund and CRV are giving LPs back money because of a lack of well-priced opportunities. Hard to believe he's going to be able to deploy the requisite sized checks ($10M+) into outlier companies to return the fund 2-3x. The steelman is his media channels gets 50 million views a month and he can sneak in as a co-lead for a great company that wants distribution? All that said, he's sort of willed himself into existence through sheer force of personality and a podcast, so maybe that translates to investing. https://techcrunch.com/2024/10/15/20vc-closes-new-400m-fund-to-make-europe-great-again-says-harry-stebbings/
3 replies
0 recast
23 reactions

Nicholas Charriere pfp
Nicholas Charriere
@pushix
classic mistake of "he's good at media distribution, therefore he's good at <other thing>" I think 50M would be much more appropriate, see how Susa scaled
0 reply
0 recast
1 reaction