Building Europe’s First Tech-Focused Fund of Funds with Ertan Can of Multiple Capital

Jan 22, 2025

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Highlights from this week’s conversation include:

Insider Segment: SVB’s Role in the Innovation Economy (1:14)
Challenges for Emerging Managers (4:31)
Global Innovation and Connectivity (6:15)
SVB's Offerings Beyond Financing (8:41)
Treasury Services and Liquidity Solutions (10:59)
Ertan Can’s Background and Journey into VC (13:45)
The Birth of Multiple Capital (17:41)
Pan-European Portfolio Strategy (20:38)
Investment Jurisdictions and Structures (24:06)
Opportunities for US Investors (28:27)
Exit Markets and Valuation Benefits (30:01)
The Rise of European Startups (33:08)
Identifying Outliers in the Ecosystem (35:10)
Focus on Small and Seed-Stage Funds (38:31)
Adapting to Market Changes (42:26)
Advantages of Solo GPs (45:24)
Future of the European Market (50:27)
The Randomness of Venture Success (54:25)
Final Thoughts and Takeaways (1:01:09)

Multiple Capital is Europe’s first tech-focused fund of micro funds, founded in 2018 by Ertan Can. The firm invests in emerging and solo fund managers across Europe and the U.S., focusing on overlooked opportunities in niche geographies and verticals. With a portfolio spanning over 1,000 companies, Multiple Capital aims to democratize access to early-stage tech investments and foster innovation. Learn more: https://www.multiple.capital/

Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of the world’s most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB’s parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with more than $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com.

Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.

The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.