EUVC VC | E452 | Meet the Finalist: Concept Ventures’ Reece Chowdhry on reimagining Europe’s pre-seed landscape with lead investments
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Apr 23, 2025 Reece Chowdry, Founding Partner of Concept Ventures, shares his insights on transforming Europe’s pre-seed investment landscape. He discusses his bold strategy of leading rounds and providing substantial support to founders from day one. Reece emphasizes the importance of building trust and strong team dynamics to accelerate startup growth, while reflecting on his journey into early-stage investing. He also highlights the unique challenges of the European ecosystem and explores the dynamics of his father-son partnership in venture capital.
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Early Investing Passion
- Reece started investing very young by buying Apple stock at age 13 despite skepticism from others.
- His tech passion and early investing experiences shaped his venture career and belief in backing talent over proof.
Lead with Conviction Strategy
- Concept Ventures leads 90% of their pre-seed rounds with million-dollar checks to build conviction where others hesitate.
- This high-conviction strategy lets founders skip rounds and avoid dilution, speeding their growth.
Lead, Don’t Follow in Venture
- Venture investors must be right and non-consensus, backing misunderstood founders with conviction early.
- Avoid waiting for others to lead; lead with big checks to signal confidence and attract support.