Capital Allocators – Inside the Institutional Investment Industry cover image

Capital Allocators – Inside the Institutional Investment Industry

Magnus Grimeland – Day Zero Investing at Antler (EP.369)

Feb 15, 2024
01:07:58
Snipd AI
Magnus Grimeland, CEO and founder of Antler Capital, shares his journey from rural Norway to building a global startup platform. Topics include resilience, access to top founders, lessons learned from a failed program, building a global support network, self-investment, and impactful life lessons.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Founders in the Antler program should prioritize front-loading their efforts, hustling, and showing unwavering determination to succeed.
  • Antler emphasizes the importance of understanding local dynamics and capitalizing on regional advantages when building businesses.

Deep dives

Antler: Supporting and Investing in Early-Stage Founders

Antler is a global startup platform that focuses on identifying and supporting early-stage founders. They have 27 operating locations across the world and receive over 130,000 applicants annually. Antler selects the top 2% of applicants, offering them a three-month program to validate their business models and provide initial capital. They make approximately 400 investments per year, leading pre-seed rounds and investing in subsequent funding rounds. Antler's success factors for entrepreneurs include having a spike of expertise, drive, and grit. The organization leverages technology to streamline operations, including a productivity tool, data platform, talent network, and perks platform. The decision-making process is decentralized, with region-specific partners leading investments while benefiting from centralized support in legal compliance, finance, marketing, and brand. Antler places a strong emphasis on front-loading efforts, hustling, and cultivating a mindset where failure is not an option. They also identify global themes across various geographies while recognizing unique opportunities in different markets.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode