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20VC closes new $400M fund to ‘make Europe great again,’ says Harry Stebbings
Harry Stebbings — the UK podcaster who broke into the world of tech from total obscurity by building a brand and audience around a regular series of
Harry Stebbings — the UK podcaster who broke into the world of tech from total obscurity by building a brand and audience around a regular series of 20-minute interviews with venture capitalists and founders — parlayed that fame into becoming a VC himself. At a time when European technology companies continue to lag behind those from U.S. at almost every stage of investment, the primary focus for fund 3 will be on backing startups in the region, using Stebbings’ media nous and connections to bring more attention to them overall. With a lot of the firms he’s invested in still relatively young, and the IPO market still pretty dead, and some of the earliest companies actually pointing to the U.S. focus that 20VC had when it first launched, there are no massive exits on the 20VC portfolio list just yet.
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