π¨ There are creative ways to build your path in the Venture Industry.
πββοΈ It is a long term game, like a marathon, and you need patience, a lot of patience.
π Network is everything, and doing 2,750 interviews with investors, founders, LPs allowed him to build deep relationships.
π€ Personal brand is so important in the venture world. Most people know Harry first, then his podcast, then his fund, but they all connect into a single business model.
The new fund 20VC has no industry investment focus, and only leads deals.
the $400m fund will be allocating $125m for its seed fund with cheques of $500k-$5m, and the rest of the $275m will be allocated in a series A fund writes with cheques of $5-25m.
Geographically portfolio construction will be 50% EU, 50% US.
The fund investment team also includes Kieran Hill, Alexandre Dewez and Paul Bonnet.
20VC also have Operator led fund which are focused on Product (with Product Partners), Sales (with Sales Partners) and Growth (with Growth Partners). Each fund has $5m to invest, and writing cheques of $100k.
Here are the Operators Network:
Product Partners: Hugo Barra, Jack Brody, Geoff Charles, Glen Coates, Tomer Cohen, Jag Duggal, Gustav SΓΆderstrΓΆm and Will Wu.
Growth Partners: Elena Verna, Sri Batchu, Rob Schutz, Casey Winters, Brian Hale, Hila Qu ζ²ε, Darius Contractor, Adam Fishman, Luc Levesque.
Sales Partners: Jessica Arnold, Stevie Case, Kelly Bray, Liat Bycel, Kim Graves, Renu Gupta, Maggie Hott, Lauren Schwartz.
Great to see how this all comes together into a closed loop system that invests and shares knowledge with the ecosystem.
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This post was originally shared by Illai Gescheit on Linkedin.