EUVC

Fred Destin, a Partner at Stride, dives deep into the moral maelstrom of the tech landscape, blending insights with vulnerability. He challenges listeners to recognize the power they wield in shaping narratives but warns of the nihilistic terrain we now navigate. From the decline of shared truths to the ethical dilemmas posed by technology, Destin outlines how our perception is warped by algorithms and misinformation. He emphasizes the need for intentionality in investments to foster genuine impact amid chaos.

In this conversation, Kamel Zeroual, GP of Varsity and seasoned venture capitalist, discusses building a pan-European seed fund from Paris with bold ambitions. He highlights Varsity's unique approach, blending operator expertise with an agnostic investment strategy across sectors like SaaS, fintech, and healthtech. Kamel elaborates on the challenges European entrepreneurs face in securing funding and why a €150M seed fund is crucial. His insights underscore the importance of mentorship and collaboration in nurturing startups to success.

Gloria Baeuerlein, founding partner of Puzzle Ventures, dives into the solo GP model in the competitive European venture capital scene. She explores how AI is transforming SaaS pricing and delivery, emphasizing the shift towards outcome-based sales in construction tech. Gloria discusses the benefits of building a fund centered on personal strengths rather than conventional models. The conversation also touches on the fierce competition among seed and multi-stage funds, highlighting how solo GPs can uniquely outperform larger counterparts.

Rina Onur, co-founder of Peak and Spyke Games and formerly of 500 Istanbul, shares her unique journey between operating and investing in Turkey’s vibrant gaming ecosystem. Enis Hulli, a partner at E2VC, sheds light on the global rise of Turkish startups. They dive into the emotional complexities of offboarding as a VC partner and the urgent need for proactive engagement with founders. Their candid discussion highlights the tension between risk aversion and entrepreneurship, as well as the importance of trust in partnerships.

In this discussion, the hosts delve into the impact of tariffs and trade wars on European startups, revealing the tension in EU-US economic relations. They explore the EU's sluggish startup strategy and ambitions for Munich to emerge as a deep tech capital. The conversation shifts to major players in AI like Google and Anthropic, and the fast-paced advancements reshaping the market. With a sprinkle of sarcasm, they also touch on the paradox of boring legal tech and the significance of traditional solutions. It's a mix of macro insights and micro startup survival tactics!

A former professional basketball player shares insights on his transition to venture capitalism, emphasizing resilience and a contrarian mindset. Discover how discipline learned in sports translates to entrepreneurship. The discussion dives into the evolution of consumer investing, particularly amid AI innovations. The speaker critiques traditional VC models and presents a vision for more capital-efficient funds. With a focus on maintaining a small, dedicated team, they explore the nuances of navigating the future of consumer apps in a rapidly changing tech landscape.

Evan Finkel, a savvy LP with keen insights on venture capital, and Carmen Alfonso, a brand expert from Cocoa, dive into the nuances of fundraising. They discuss the myth of easy fundraises and the power of brutal honesty in communications. The duo emphasizes preparation as a crucial superpower and underscores the need for authentic storytelling in pitch decks. Important red flags for LPs are highlighted, including the significance of feedback and the need for genuine connections over polished presentations.

Cyril Gouiffès, the Head of Social Impact Investments at the European Investment Fund, discusses the vital role of team dynamics in impact fund management. He emphasizes the importance of aligning impact metrics with business models and how LPs can maintain engagement after fundraising. Cyril also tackles the issue of 'impact washing' and shares insights on lessons learned from failed NGO models. With the growth of impact venture capital, he calls for a return to original impact theses and highlights the need for innovative financing in underserved sectors.

David Clark, Chief Investment Officer at Vencap, dives deep into the complexities of venture economics. He engages in a high-stakes debate about fund performance, stressing that drawing conclusions from current data is fraught with challenges. Topics like the new $20B benchmark for greatness, the hard math behind Seed-to-Series A attrition, and the ongoing debate about emerging managers’ true performance take center stage. The conversation uncovers the messy nature of current data, revealing that for many, early-stage investing remains a mix of art and science.

Jeremy Uzan, co-founder and GP at Singular, discusses his insights on empowering European founders. He delves into the strategic value of generalist VCs and the importance of agility in investment practices. Uzan highlights the emerging trend of 'sciencepreneurs' blending scientific expertise with entrepreneurship. He also shares thoughts on talent evolution in Europe, the rise of Paris as a startup hub, and how recent shifts are unlocking the continent's economic potential. Discover why the future looks bright for Europe's tech scene!