112 How to grow UK venture capital and exciting news about Kin Group with Richard Hoskins

Richard Hoskins has worked in several roles in his two decades in the EIS industry. We talk about his perspective on how it has changed and what more we can do to grow UK venture capital. He also has some exciting news about his business, Kin Group, which he shares with listeners.

In a wide ranging discussion we talk about:

• how EIS has evolved over the past 20 years
• where the EIS rules need streamlining
• how to get more GP/LP funds
• the way technology and regulation interact for VC managers
• the growth in private markets
• what the changes at Kin mean for the group
• internationalising fund management businesses

Its an great discussion with someone who is both a fund manager and an entrepreneur. Enjoy!

00:45 Richard introduces himself

02:20 Introduction to Kin

06:40 advantages of in-house developers

07:30 changes in the EIS market over time

13:30 the need for streamlining EIS rules

18:00 effects of costs for GP/LP funds

20:30 how fund managers complement fund mentors/advisers

25:00 technology in the VC industry and interaction with regulations

31:00 growth in private markets and challenge of liquidity

35:00 smaller VC funds

35:40 changes at Kin and what it means for the group

40:00 internationalising the business

45:00 prospects for the EIS market

50:30 favourite questions

Links

Email: rhoskins@kin-group.co.uk

LinkedIn: https://www.linkedin.com/in/hoskinsrichard/

Kin Group website: https://www.kincapital.co.uk/

Subscribe to the EIS Navigator podcast on most services here: https://the-eis-navigator.captivate.fm/listen

Suggested books and media

Can't Hurt Me by David Goggins

(There is a swear free version too for those who prefer it.)

Bio

Richard Hoskins

Co-Principal, Kin Group

Richard is Co-Principal and Co-Founder of Kin Group. Having worked in Venture Capital for 17 years, he has seen the Venture industry move from the niche sector it once was, to the booming asset class it is today. He has worked in a variety of VC roles, including; fundraising, fund management and fund administration. He has been described as “one of the most knowledgable commentators on the venture capital world” (Telegraph, 2017). In particular he has helped numerous aspiring VC asset managers setting up their first VC fund and assisted larger VC asset management firms grow to the next level.

Disclaimer

Please note this podcast/interview does not constitute a financial promotion and is provided for informational purposes and should not be construed as an invitation or offer to buy or sell any investments. Please be aware that investments into unquoted companies are high risk, long term and illiquid investments.  Your capital is at risk. Past performance is not a reliable indicator of future performance.  Target returns are not guaranteed and forward looking statements are illustrative only and must not be relied upon. Investors should only invest on the basis of reading the full offer documentation.