EUVC

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

Nov 29, 2024

Mike Reiner and Joachim Laqueur, General Partners at 432 Legacy, share their expertise in scaling B2B software startups. They delve into their investment strategies, emphasizing the importance of seed funding and high-impact startups. Personal development journeys intertwine with investment, highlighting mindfulness and vulnerability as essential elements for success. They explore how data and AI can enhance investment decisions while maintaining human insight. Their mission reflects a commitment to fostering meaningful connections within the investment ecosystem.

55:30

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Episode guests

Joachim Laqueur

Mike Reiner

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Personal development and emotional resilience are prioritized, helping founders navigate challenges and fostering supportive communities among entrepreneurs.

Integrating coaching into venture capital enhances relationships by identifying character traits that mitigate startup risks associated with founder conflicts.

A data-driven approach combined with AI in investment processes ensures objective evaluations and informed decision-making for sustainable startup growth.

Deep dives

Transformational Personal Development

Personal development is emphasized as a vital aspect of the founders' journey, with deep introspection playing a key role. Personal milestones, such as the loss of loved ones and experiences of burnout, have inspired a commitment to supporting others in similar situations. Founders have turned to holistic coaching, mindfulness techniques, and retreats to foster emotional awareness and resilience. This journey not only enriches the individual’s life but also cultivates a supportive community among founders, ultimately aiming to enhance their personal and professional growth.

Intro

2min

Exploring a New Investment Fund's Strategy and Focus

2min

Transformative Journeys: Investment and Personal Growth

18min

Embracing Vulnerability: The Power of Shared Experiences

4min

Integrating Data and AI in Investment Strategies

22min

Redefining Investment through Data and Legacy

4min

Exploring Investment Strategies and Market Opportunities

4min

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

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EUVC

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

Episode guests