VC | E383 | 432 Legacy's Mike Reiner & Joachim Laqueur on investing in B2B innovation and scaling global impact

In this episode of the EUVC podcast, Andreas sits down with Mike Reiner and Joachim Laqueur, General Partners at 432 Legacy, the successor to Acrobator Ventures.

Mike and Joachim are investors with deep expertise in scaling B2B software and software-enabled hardware startups across Europe and the US. With a fund size of around €50M and €28M in assets under management, 432 Legacy is focused on seed-stage investments but supports founders up to Series A, fostering innovation on a global scale.

In this episode, we’ll explore the vision behind 432 Legacy, including how their journey with Acrobator laid the groundwork for the fund’s mission. We’ll discuss their approach to identifying high-impact startups and the strategies they’ve employed to achieve standout successes like Lemonaid Health, Vital Fields, and Ready Player Me, among others.

Go to eu.vc to read the core take-aways.

Chapters:

01:34 Introducing 432 Legacy
01:55 Investment Focus and Notable Investments
04:20 Personal Development Journey
06:25 The Importance of Mindfulness and Coaching
07:46 Challenges and Breakthroughs
10:19 Incorporating Personal Development in Business
15:56 Retreats and Deep Connections
17:17 Skepticism and the Power of Vulnerability
26:03 Data and AI in Venture Capital
29:17 Challenges in Building Comprehensive Systems
29:53 Serendipity in Venture Capital
30:28 Early Experiments with AI in VC
31:15 Discovering the WR Hambrecht System
32:12 Meeting Thomas and Building Relationships
34:07 Quantics: A Hybrid Approach
34:55 Evaluating Companies with Quantics
44:21 Future of 432 Legacy
48:47 The Meaning Behind 432 Legacy
52:47 Excitement for 2025 and Beyond