Tuesday, October 1, 2024

20VC: GV’s Tom Hulme on Why Investing in Basis Fashions is like Investing in “Energy Stations”, The Standard Knowledge in VC that’s BS, The 4 Key Parts to be Profitable in VC & Classes from a 24x Angel Monitor Report, 275x on Robinhood and Making Billions on Uber

Posted on eighth Could 2024 by Harry

Tom Hulme is a Managing Companion of GV (Google Ventures), and leads the European workforce. At this time, GV has over $10BN in AUM and Tom has led investments in Lemonade.com (IPO), Snyk, Secret Escapes, Blockchain.com, GoCardless, Blue Imaginative and prescient Labs (exited to Lyft), and Foreign money Cloud (exited to Visa). Previous to becoming a member of enterprise full-time, Tom was one among Europe’s most profitable angel buyers with a 5x DPI monitor document and 20x+ TVPI.

In At this time’s Episode with Tom Hulme We Focus on:

1. Classes from a 24x TVPI Angel Monitor Report:

  • What are Tom’s greatest classes from his greatest winners angel investing?
  • What are Tom’s greatest takeaways from the 0’s in his angel monitor document?
  • What’s the greatest recommendation Tom would give to angel buyers beginning out right this moment?
  • What are the one greatest errors Tom sees angel buyers make right this moment?

2. The 4 Pillars of Enterprise Capital:

  • What does Tom consider are the 4 key elements of being profitable as a VC?
  • Why does Tom describe VC as “being a founder on anti-depressants”?
  • How does Tom categorise the three various kinds of buyers that exist?
  • Sourcing, deciding on, servicing: What’s Tom greatest at and what’s he worst at?

3. The Standard Knowledge in Enterprise That’s Not True:

  • Why does Tom consider it’s BS that you need to by no means promote your winners?
  • Why does Tom consider he has by no means had full conviction in any of the businesses he invests in?
  • Why does Tom consider the “every thing must be a fund returner mindset” is BS?
  • Why naivety doesn’t result in nice founders? Why workers at rocketships are the very best founders?

4. AI: Basis Fashions, Generative AI, The Incumbents: The place Does the Worth Go:

  • Does Tom consider there’s cash to be made investing in basis fashions?
  • Why does Tom liken investing in basis fashions to investing in energy stations?
  • The place does Tom consider there’s worth within the software layer?
  • Why does Tom assume that generative AI is essentially a sustaining innovation?
  • Why does Tom assume Microsoft will win the subsequent wave of AI? Who else is well-positioned?
  • Why does Tom consider there’s a correlation between people who worry monger round AGI and people who want funding for his or her companies?

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