The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC: Why Signalling Risk is Real, What Founders Need to Know About Taking Multi-Stage Money vs Seed Fund Money, Lessons Scaling to $600M AUM, The Secret to Hiring in VC; Hire People with No VC Experience & How Venture Will Be Disrupted with Rob Lacher
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Apr 7, 2023 Rob Lacher, founder of Visionaries Club and a serial entrepreneur, shares his journey from novice tennis player to VC leader. He emphasizes the importance of hiring talent without traditional VC experience for fresh perspectives. Lacher tackles the differences between US and European funding dynamics, advising founders on choosing the right investors. He envisions a thriving European venture ecosystem by 2028 and stresses the potential of family institutions to drive innovation. Intriguingly, he also reflects on the significance of compatibility in business partnerships.
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Unexpected VC Journey
- Rob Lacher's VC journey started unexpectedly.
- He co-founded La Famiglia, a seed fund, after angel investing.
Partnership Advice
- Spend time with potential partners discussing your purpose and goals.
- Be honest about strengths, weaknesses, and what excites you.
Hiring in VC
- Hire young, hungry individuals.
- Avoid experienced VCs who just apply learned logic.