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Harry Stebbings @HarryStebbings
Right now, if you want to make quick cash in bank. Learn to edit and make amazing short-form videos. If you can, ping me. Start today. — PolitiTweet.org
Harry Stebbings @HarryStebbings
@twlasko Nope. Oura until recently did not have a subscription model. All cash made on upfront. — PolitiTweet.org
Harry Stebbings @HarryStebbings
@brentgrinna Media business more profitable than fund. — PolitiTweet.org
Harry Stebbings @HarryStebbings
@KyleLadewig Definitely not if done right 😂 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@packyM @_mfelfel Please help me out! Would love this — PolitiTweet.org
Harry Stebbings @HarryStebbings
@packyM @_mfelfel Can it do this for me? — PolitiTweet.org
Harry Stebbings @HarryStebbings
What are the best examples of businesses/products where the producer is happy to take a hit on the upfront product margin, in order to sell complimentary goods with massive margins? Razors with razor blades. Espresso machines with espresso pods. What else? — PolitiTweet.org
Harry Stebbings @HarryStebbings
Keeping this one real, when I grow up 😂 I want to be like @mikikuusi @woltapp. The best 20VC ever on leadership tomorrow: Building teams not families. The difference between trust and safety. Hire people who haven’t done it before but have seen it done. 🔥 👇 https://t.co/yaQdojPr4q — PolitiTweet.org
Harry Stebbings @HarryStebbings
After 7 years of investing: I think there is an inverse correlation between the heat of a seed round and the success of a company. Gross generalization but observation. — PolitiTweet.org
Harry Stebbings @HarryStebbings
My Mum is starting a new business and I am her mentor (worrying!) Every week we walk & set a new goal for the week. One goal. That’s it. It has to be hit. New one every week. Last week: Do customers want the product? 👍 This Week; Will they pay for it? (Part 1) — PolitiTweet.org
Harry Stebbings @HarryStebbings
@alexgeana I didn’t — PolitiTweet.org
Harry Stebbings @HarryStebbings
This weekend learned the economics of celebrity endorsed fragrances, one of the highest margin products: Sign on bonus: $3-7.5M Royalties: 5-10% of ongoing sales. Justin Bieber has sold $1.5BN of his fragrance. At a minimum that is $75M in royalty payments alone. 🤯 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@Mat_Sherman For this model it would not work but for some, sure. — PolitiTweet.org
Harry Stebbings @HarryStebbings
@tylertringas I agree with all of your points! 😂 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@paulbz @shak Hehe, Shak, this one knows how to play the game hey… Next he will be saying he lets the market decide the price! 😉 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@jeremybell @MarkMcCubbinDev @ckneumann @ericbahn @vimcal @Maydaylabs Exciting! Best next steps for me? — PolitiTweet.org
Harry Stebbings @HarryStebbings
@Ben_williams_CM There will be so many no’s but one yes can change your life forever. — PolitiTweet.org
Harry Stebbings @HarryStebbings
@dylanbalsz Can you tell us who was your true believer? — PolitiTweet.org
Harry Stebbings @HarryStebbings
@adamscochran @mhdempsey All good Adam, I am just fascinated: How big is your fund? What profile of LP do you have? Fascinated by your structure! — PolitiTweet.org
Harry Stebbings @HarryStebbings
@adamscochran But that is my point and @mhdempsey if this isn’t about building a portfolio, you aren’t in fund management. Not laboring the point but that is it. Mojitos on me when in London! — PolitiTweet.org
Harry Stebbings @HarryStebbings
@adamscochran Total respect to you my friend. We just have very different ways of doing venture and building portfolios. No right or wrong but we are on different planets. So ping me when in London and debate is on — PolitiTweet.org
Harry Stebbings @HarryStebbings
@andreasproesch That’s cool if you want an Angel round then but then don’t go out to large VCs. Know the investor that is right for the round type you have put together — PolitiTweet.org
Harry Stebbings @HarryStebbings
@adamscochran Not saying 20% so wasn’t talking about that. What fund size do you have? What ownership size do you need? — PolitiTweet.org
Harry Stebbings @HarryStebbings
A huge mistake I see founders make is they construct a raise size and price that doesn’t allow a VC to invest. E.G. $1.5M on $25M cap. Even if the VC took the whole round, that would be 7%. At best with angels, they might get 5%. Don’t exclude VCs with structure of round. — PolitiTweet.org
Harry Stebbings @HarryStebbings
The work you do in private is the work you get praised for in public. There is no replacement for doing the reps. This is a game of who can survive the longest. 🔥 👇 Our first 20VC with @GuyKawasaki. Since, we have done 3,000 episodes. Every weekend, studio 8AM-6PM. 💪🏼 https://t.co/rIVkXZaKb0 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@maitreconfiseur God I am good then. 😂 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@julianharris What? That is a VC no? 😉 — PolitiTweet.org
Harry Stebbings @HarryStebbings
@oanaolt #3 here is so important. The customer experience sucks. You move from an associate to a principal; answer the same questions. Principal to Partner; answer the same questions. Then move to the IC; same again. Repeated 3x and that is an efficient process. — PolitiTweet.org
Harry Stebbings @HarryStebbings
@CarwanRasoal 🔥 — PolitiTweet.org
Harry Stebbings @HarryStebbings
Releasing a 20VC with a founder soon. They were turned down by 78 VCs for their Series A. One VC said yes. Even the partnership the VC was in said no but they got it through anyway. Last year, they were acquired for $5BN+. You need only one true believer. Keep at it. — PolitiTweet.org
