Harry Stebbings

Last updated

Harry Stebbings
Born (1996-06-22) June 22, 1996 (age 27)
Occupation Venture capitalist
Known forThe Twenty Minute VC podcast

Harry Stebbings is a British venture capitalist who started "The Twenty Minute VC" podcast and in 2020 launched his own venture capital fund.

Career

Stebbings started The Twenty Minute VC podcast with $50 and not a single contact in the venture capital industry. [1] The first episode was an interview with Guy Kawasaki, released on 10 January 2015. [2]

In May 2017, Stebbings left his job at venture capital firm Atomico after six months working there. [3]

Stebbings stepped down as partner at Stride.VC, a firm he co-founded with Fred Destin in 2018 with £ 100,000,000. [4] [5]

In 2019, Stebbings was included on the Forbes 30 Under 30 in Europe list, in the finance category. [6]

Stebbings launched his venture capital fund, 20VC fund, in May 2020. [7] In June 2021, Stebbings raised a further US$ 140,000,000 in funding. [8] The fund focuses on investments in Europe and North America. Harry's largest investment to date is Tripledot Studios, one of the fastest-growing companies in Europe. Other notable investments include Pachama, Nex Health, Sorare, Captions.ai, Linktree, Taxdoo, Linear and Merge. [9]

Related Research Articles

<span class="mw-page-title-main">Venture capital</span> Form of private-equity financing

Venture capital (VC) is a form of private equity financing that is provided by firms or funds to startup, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology.

Sequoia Capital is an American venture capital firm headquartered in Menlo Park, California which specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, the firm had approximately US$85 billion in assets under management.

<span class="mw-page-title-main">Jason Calacanis</span> American businessman

Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.

<span class="mw-page-title-main">Index Ventures</span> European worldwide venture capital firm

Index Ventures is a European venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security. Since its founding in 1996, the firm has invested in a number of companies and raised approximately $5.6 billion. Index Venture partners appear frequently on Forbes’ Midas List of the top tech investors in Europe and Israel.

<span class="mw-page-title-main">Bain Capital Ventures</span> American venture capital division within Bain Capital

Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $160 billion of assets under management worldwide. The firm's early-stage investments have included Attentive, Bloomreach, Billtrust, Docusign, Flywire, LinkedIn, Justworks, Turbonomic, Rent the Runway, Twilio, Rapid7, and Redis. Bain Capital Ventures manages $10 billion of committed capital, has over 400 active portfolio companies, and has offices in New York City, Palo Alto, and San Francisco.

Greycroft is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird, Bumble, HuffPost, Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. The firm is headquartered in New York City and Los Angeles.

Igor Linshits is a Georgian-born, London-based entrepreneur, founder of Delin Capital, Delin Property, and Delin Ventures.

Atomico is a European Venture Capital firm headquartered in London, with offices in Paris, Berlin and Stockholm. Its founder and CEO is Niklas Zennström, a serial entrepreneur who co-founded Skype and Kazaa.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management.

<span class="mw-page-title-main">500 Global</span> U.S. startup accelerator

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011.

<span class="mw-page-title-main">Spark Capital</span> American venture capital firm

Spark Capital is a venture capital firm in the United States, responsible for early-stage funding startups of consumer, commerce, FinTech, software, frontier, and media sectors. It has branches in San Francisco, Boston, and New York City.

Runa Capital is an international venture capital firm headquartered in Luxembourg that invests in deep tech, cloud business software, fintech, edutech and digital health startups in early stages. From 2010 through 2022 Runa Capital raised 3 funds and invested in over 100 companies in more than 14 countries of Europe and North America, including Nginx, MariaDB, Zopa, Brainly, drchrono, Smava, and Mambu.

Sapphire Ventures is a venture capital firm with offices in Menlo Park, San Francisco, Austin, and London. The firm is considered one of the world's premier venture capital firms.

Rocket Internet SE is a German Internet company headquartered in Berlin. The company builds startups and owns shareholdings in various models of internet retail businesses. The company model is known as a startup studio or a venture builder.

<span class="mw-page-title-main">Acast</span> Swedish podcasting company

Acast is a Swedish-founded company that provides hosting, monetization and growth support for podcasts, and podcast advertising solutions for brands and media agencies. Launching in 2014, it developed a dynamic insertion technology which can target advertising within podcasts based on location, time, and personal data. The company champions an independent and open ecosystem for podcasting, where podcasts hosted with Acast are available on all podcast listening apps. Acast was founded by Karl Rosander and Måns Ulvestam in 2014; together with Johan Billgren as co-founder. Acast hosts over 88,000 podcasts, with over 430 million listens every month. The company operates worldwide with a physical presence in 15 countries, and has its headquarters in Stockholm.

EQT Ventures is the venture capital business of Swedish investment manager EQT AB Group. In May 2016, EQT Ventures announced its first €566m fund that makes minority equity investments in European and US tech companies ranging between €1 million and €50 million.

Arlan Hamilton is an investor and the founder and managing partner of Backstage Capital. In May 2020, Hamilton released her first book from Penguin Random House entitled It's About Damn Time: How to Turn Being Underestimated into Your Greatest Advantage, which is based on her personal journey into entrepreneurship and venture capital.

<span class="mw-page-title-main">Molten Ventures</span> Venture capital firm

Molten Ventures, formerly Draper Esprit, is a venture capital firm, investing in high growth technology companies with global ambitions, with offices in London, Cambridge and Dublin. It is listed on the London Stock Exchange.

<span class="mw-page-title-main">Michael Eisenberg</span> American-born Israeli businessman

Michael Eisenberg is an American-born Israeli businessman, venture capitalist, and author.

References

  1. Ralph, Alex (17 June 2021). "Harry Stebbings moves from teenage podcaster to $140m investor" . The Times . ISSN   0140-0460. Archived from the original on 17 June 2021. Retrieved 17 June 2021.
  2. Barker, Sam (1 December 2016). "From podcast star to 'the world's youngest VC': 20-year-old Harry Stebbings is joining Atomico". Wired . Condé Nast. ISSN   1078-3148. OCLC   24479723. Archived from the original on 29 November 2020. Retrieved 17 June 2021.
  3. Cook, James (8 May 2017). "The 'world's youngest VC' has left VC firm Atomico". Business Insider . Archived from the original on 17 June 2021. Retrieved 17 June 2021.
  4. O'Hear, Steve (15 October 2018). "It's official: London-based Stride.VC raises £50M seed fund". TechCrunch . Archived from the original on 21 April 2021. Retrieved 17 June 2021.
  5. O'Hear, Steve (7 February 2021). "Harry Stebbings is leaving Stride, the VC firm he founded with Fred Destin". TechCrunch . Archived from the original on 25 February 2021. Retrieved 17 June 2021.
  6. Smith, Oliver; Schoenberger, Leonard. "30 Under 30 Europe 2019: Finance". Forbes . Archived from the original on 6 February 2021. Retrieved 17 June 2021.
  7. Chernova, Yuliya (16 June 2021). "Harry Stebbings Builds on Podcast to Raise $140 Million for Venture Funds" . The Wall Street Journal . News Corp. ISSN   0099-9660. OCLC   781541372. Archived from the original on 17 June 2021. Retrieved 17 June 2021.
  8. Kahn, Jeremy (16 June 2021). "24-year-old podcaster turned VC scores $140 million from MIT, Spotify backer to invest". Fortune . ISSN   0015-8259. Archived from the original on 16 June 2021. Retrieved 17 June 2021.
  9. Lunden, Ingrid (17 July 2020). "From Twenty Minute VC to 20VC, Harry Stebbings launches a micro VC off the back of his popular podcast". TechCrunch . Archived from the original on 27 February 2021. Retrieved 17 June 2021.