Harry Stebbings

Harry Stebbings @HarryStebbings

That moment you realise one of the angel checks you wrote years ago, pivoted into a company you use the product of everyday and had no idea it was the result of the pivot… 😂 — PolitiTweet.org

Harry Stebbings @HarryStebbings

Was thinking today about founders with the most insane angel portfolios. Obviously The Collisons come to mind as #1. Who else has absolutely 🔥 angel portfolio and is 🚀 founder? Dylan at Figma Who else? — PolitiTweet.org

Harry Stebbings @HarryStebbings

Today at 20VC: We interviewed a global music star turned founders. Interviewed one of the best seed investors of a generation. Won the right to invest in a generational defining company at seed. Found a crisp company that makes crisps with 19G Protein. Happy Friday. 🔥 — PolitiTweet.org

Harry Stebbings @HarryStebbings

The people of Stockholm know their stuff... 😂🔥 — PolitiTweet.org

Harry Stebbings @HarryStebbings

Please can we kill this awful "catch up" call. If we have not spoken it is because we have not needed to or wanted to. Both are fine and if you suddenly need to, all good. Be specific, what do you need. Put it in an email. Not take 30 mins of time on a call. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Truth is there are not enough rebels in European venture. Too many are in cushy positions in large firms & are too comfortable. What happened to the rebels? What happened to the unwaveringly obsessed? The rule-breakers who wanted to build? If you know one, let me know! — PolitiTweet.org

Harry Stebbings @HarryStebbings

My biggest lesson from the last cycle: "Lean into your winners" is absolute BS. The best strategically lean out, in increments along the way. Be deliberate, retain some upside, but never forget the magic L; liquidity. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Just got an email from a founder raising. Zero personalization. Just "Hi," at the start. Mediocre email. Then "traction of $11M ARR scaling to $25M by EOY". Oh and breakeven. But the worst email ever, spend the time. Send less cold outreach but do it well. — PolitiTweet.org

Harry Stebbings @HarryStebbings

We have one of the biggest musicians on the planet who has turned into a founder on 20VC this Friday. What are the must ask questions? What should we discuss? — PolitiTweet.org

Harry Stebbings @HarryStebbings

The biggest mistake I see family offices make when investing in venture funds for the first time. They invest in their friends fund. Sorry, your friend is likely not top quartile. But they believe their performance is representative of VC as an asset class. Don’t do this. — PolitiTweet.org

Harry Stebbings @HarryStebbings

One of most dangerous pieces of advice in managing teams: “When there is doubt, there is no doubt”. Not always. Some need to get used to work styles, new styles of leadership, team cultures, communication. Tough balance of not waiting too long but not always as this quote. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Common mistake I see VCs make when presenting track record (former investments) in decks: They have a misaligned portfolio to the strategy they are raising for. If raising a seed fund, having a bunch of small Series B investments does not prove anything but late stage access. — PolitiTweet.org

Harry Stebbings @HarryStebbings

How you can get warm intros to 50%+ of your sales pipe and put your investors to work 👇 🔥 https://t.co/2mKToiTLbV — PolitiTweet.org

Harry Stebbings @HarryStebbings

The truth that no one is saying from the last few years; If any of the large multi-stage and crossover funds can get 1X back from the '20-22 vintage, they will look like heroes! — PolitiTweet.org

Harry Stebbings @HarryStebbings

Keep on hearing VCs discuss a great period ahead where assets will be repriced & great “deals” will be done. This is BS & naive. Down rounds are rare. The impact they have on morale is immense. Unlikely to see many. Flat rounds or 10% increase in price much more likely. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Clearly Chick-Fil-A are fans of Frank Slootman. Narrow the focus, increase the quality. 🔥 👇 https://t.co/VrAqFLttOl — PolitiTweet.org

Harry Stebbings @HarryStebbings

The correlation between the growth of 20VC and my stopping drinking is rather insane... 🚀 — PolitiTweet.org

Harry Stebbings @HarryStebbings

Every venture investor right now waiting for a good company… 😂 https://t.co/zoxSEeXqFc — PolitiTweet.org

Harry Stebbings @HarryStebbings

The most revealing moment of a hiring process is the comp package negotiation. If you leave the discussion feeling it was painful, do not do it. 99% of the time; 🚩. It is not the numbers but their mindset that is revealed. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Sometimes see negative press about portfolio companies and this often perplexed me. Does one send it to the founder to ensure they have seen it? Allow them to gain insight, consumer sentiment, alter messaging, channel focus for acquisition? Or not send at all? Thoughts? — PolitiTweet.org

Harry Stebbings @HarryStebbings

The most revealing moment for both the employer and employee in the hiring process; the comp negotiation. Often it should feel a little uncomfortable for both sides. But if it feels painful, this is a clear sign. Listen to it and don’t proceed. — PolitiTweet.org

Harry Stebbings @HarryStebbings

In one year @deel went from: 🚀 $57m -> $295m ARR 💸 EBITDA positive since Sept 📈 85%+ Gross Margin 🌎 $5B+ paid to 250k+ people Thanks to Qs @rrhoover @gokulr @DanRose999 @eladgil @YasminRazavi @illscience @mansourtarek_ Hyper growth story with @Bouazizalex tomorrow 👇 https://t.co/RZfFFHB7jo — PolitiTweet.org

Harry Stebbings @HarryStebbings

How to find a 🔥 candidate for a role: 1. Create a GSheet. 2. In a tab, put 5 companies this person would work at. 3. Go to Linkedin. Find 2 people per company in a similar role, junior & senior. 4. Reach out. Meet 6 min, all in a day. Back to back, the quality shines out. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Listening to a podcast on a walk now. It drives me fricking nuts how slow most podcasts are. Their word to value ratio is 💩 — PolitiTweet.org

Harry Stebbings @HarryStebbings

Bizarre: In the last 24 hours, I have never had more people messaging and emailing from the US saying they are visiting London in March. No idea why… 🤷‍♂️ 😂 — PolitiTweet.org

Harry Stebbings @HarryStebbings

Every time you quit, someone else’s finishes. Every time just repeat, maybe but not today. You become what you visualize. Don’t fricking visualize quitting. 😂 — PolitiTweet.org

Harry Stebbings @HarryStebbings

I mean I hate to be cynical about Bumble but… Matches when I don’t pay: 0 Matches when I do pay in just 60 mins: 51 🤷‍♂️ — PolitiTweet.org

Harry Stebbings @HarryStebbings

Another lesson from investing in 170 companies over 5 years. Companies are like children. The older they get, the less they need you. You have to know between the mistakes you have to let them make to learn vs stop them doing. Finally, you never stop worrying about them. — PolitiTweet.org

Harry Stebbings @HarryStebbings

Founders, you have to do the prep before doing the investor outreach. 5+ times per day I get messages asking if we invest in Fintech/ Europe/ SaaS/ US etc. Take 30 seconds. Do the homework. See what type of deals they do. If you don’t, it’s a massive discredit to yourself. — PolitiTweet.org

Harry Stebbings @HarryStebbings

You know you are really hanging out with a tech bro when they term early retirement as “post-economic”. 😂 — PolitiTweet.org