Harry Stebbings ✓

@HarryStebbings Compliance is the only moat Harry 401 views · 3 likes · 0 reposts · 0 replies Open on X →

@HarryStebbings A moat around an empty field is just an expensive ditch. 1.4K views · 9 likes · 0 reposts · 1 replies Open on X →

@HarryStebbings You don’t start with a moat. You start by making something people want, then you keep making it harder to copy. 146 views · 4 likes · 0 reposts · 0 replies Open on X →

"Moats" are the most BS thing in startups. No such thing exists when you start. Google, Apple, Meta can always "just build it". Defensibility is built in increments. Small, immensely focused teams outpace the biggest companies on earth. Investors, get over the moat 103.2K views · 1.1K likes · 113 reposts · 215 replies Open on X →

Harry Stebbings ✓@HarryStebbings16 Sep

Why talking about returns without a timeline attached means nothing “There is a rule in our office that you are not allowed to talk about returns without also talking about time. It is very common on the private side to say you are up 2X, 3X, 5X, whatever. That tells you https:

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Harry Stebbings ✓@HarryStebbings16 Sep

You have a blank canvas. What do you do next? “If you are starting with a blank sheet and you are going to do privates, you really need to nail down the private side first. You need to figure out what sort of liquidity environment you can live with on the private side and https

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Harry Stebbings ✓@HarryStebbings16 Sep

I do not talk about this often, but when I was eight years old, my grandparents lost everything. Bailiffs were at the door of the house, and given a bag where you have 20 mins to put all our belongings into it. If it does not fit in the bag, you do not get to take it. https:/

25.8K views · 271 likes · 6 reposts · 30 replies Open on X →

Harry Stebbings ✓@HarryStebbings15 Sep

What Seems Crazy Today but Will Be Commonplace in Five Years “Probably your bot buying a cybercab that starts making money for you. You’ll buy a cybercab that makes money for you, and your bot will run it. That would be pretty sick.” @m_franceschetti You think this is possible

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I am genuinely asking because I do not understand: If we "pace AI" and China does not. What happens then? Not a trick question, legitimately do not understand how this can end well. 60K views · 320 likes · 13 reposts · 181 replies Open on X →

We Do $100 Million on Email Marketing With No Employees “Before, we had an email marketing team. Now we have zero. Everything is done through AI. We were forced into it. Our team was down to two people, and when the person leading it was leaving, my co-founder Alexandra jumped

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55.9K views · 170 likes · 13 reposts · 29 replies Open on X →

How to Do Paid Marketing Really, Really Well “Go one by one. Start with Meta. It’s the biggest, and it’s the one you can prove fastest. Based on the size of the company, spend a certain amount per week. Set the cap at the CAC you want to achieve, and only scale if you’re within

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The single biggest mistake VCs make is they do not build relationships with LPs in between funds. You need to know how the best allocators to venture in the world think: - What they like? - What they do not like? - What would make them pull from a fund? - What would make them 55.5K views · 59 likes · 3 reposts · 16 replies Open on X →

Harry Stebbings ✓@HarryStebbings13 Sep

Eleven years ago I was introduced to @a_zatarain about sponsoring a 20VC episode. She did not know but this payment was used to pay for some of my mother’s MS treatment. The partnership happened and a friendship blossomed between me, Alexandra and Matteo. I remember 10 years h

154.5K views · 143 likes · 6 reposts · 15 replies Open on X →

Harry Stebbings ✓@HarryStebbings12 Sep

There’s Going to Be No Financial Math You Can Use to Buy the Stock “It’s a portfolio and worldview bet. You have a company exploding in interest, with an early lead but not a ton of monetization. Your choices are to put money in at four or five billion, or to say, ‘It’s easy to

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22.1K views · 34 likes · 5 reposts · 11 replies Open on X →

Harry Stebbings ✓@HarryStebbings12 Sep

We have no model companies. We have no data centres ready. We have energy 4x the price of anyone else. We let clowns rule our country. Time for a change Britain. Stop being so arrogant. Be a student. Learn from the US and China. 170.3K views · 2.1K likes · 155 reposts · 129 replies Open on X →

Harry Stebbings ✓@HarryStebbings12 Sep

The People Making Money Are Running Fastest and Evolving Quickest “My aha is that the prize goes to the companies that can evolve the quickest. In this market, the people making money are the ones running fastest and evolving quickest. That extra 10% of grind can have a https:

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22.2K views · 68 likes · 11 reposts · 15 replies Open on X →

Harry Stebbings ✓@HarryStebbings11 Sep

Why the Oura IPO Will Be a Success “Oura is a somewhat understood consumer brand with 74% growth, which obviously probably can’t last forever. It’s the kind of thing people are going to want to buy. They understand it, and this isn’t 18% or 20% growth. There’s competition and h

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Harry Stebbings ✓@HarryStebbings11 Sep

Why the Majority of Neo Labs Will Not Be Good Investments “The two foundation models were Neo Labs themselves five years ago, and they’ve turned out to be the best venture bets of all time. Just because that’s true doesn’t mean the other 100 Neo Lab bets you can make today will

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Harry Stebbings ✓@HarryStebbings10 Sep

I get that we’re all busy, but if you choose to not listen to this podcast, you will be materially less intelligent. On the agenda this week: - Jensen Huang Declares AGI Has Arrived - GPT Astra and Fable 5.1 Accelerate the Model Race - Tesla Launches Cybercabs - Index Pulls Out 204.8K views · 75 likes · 7 reposts · 26 replies Open on X →

Sometimes I do edit shows and think my word this guest is full of s*** 😂😂😂 Then we can the show. 34% of recorded shows do not get published. Quality of the product is everything. 15.2K views · 69 likes · 3 reposts · 13 replies Open on X →

We did not end up doing more with less. We did more with more and that's why European startups fail. “It is not true that we are going to do more with less. That turned out to be the great fallacy of late 2025, early 2026. We are doing much more with more. That is the meta http 14.8K views · 15 likes · 3 reposts · 4 replies Open on X →

This might surprise you but the majority of European VC is quite hollow and parrot things they hear on good podcasts 😉 Paul is the exception. Insanely smart and this is a must read. 44.7K views · 139 likes · 7 reposts · 9 replies Open on X →