The Ledger

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Disclosure
Walk: Homebrew now prioritizes lead investor quality for seed participation
“We used to not care who the other investors were. We're like, we're going to help you and we'll get other people great around us. Now we actually care about quality, you know, of the lead investor.”
Hunter Walk Jan 31, 2023 ▶ 36:04 Homebrew’s Hunter Walk & Satya Patel: Why $100M is Not Enough to Execute a Seed Strategy | 20VC #972 · 20VC with Harry Stebbings
Disclosure
Walk: Several Homebrew portfolio companies delayed IPOs despite being ready
“You know, we have a few that I think could have been public, you know, already, but have decided, you know, for various reasons to hold off, and I think when they become public, they'll be even stronger companies.”
Hunter Walk Jan 31, 2023 ▶ 1:02:48 Homebrew’s Hunter Walk & Satya Patel: Why $100M is Not Enough to Execute a Seed Strategy | 20VC #972 · 20VC with Harry Stebbings
Disclosure
Walk: Homebrew uses external 360-degree feedback interviews with founders every two years
“We do three, six used to do every other year, like an externally led, 360 degree feedback real process with our founders and some of our co-investors. Not, you know, like a survey, you know, or an NPS score, but like, Talking 30 minutes to each of our founders…”
Hunter Walk Jan 31, 2023 ▶ 13:07 Homebrew’s Hunter Walk & Satya Patel: Why $100M is Not Enough to Execute a Seed Strategy | 20VC #972 · 20VC with Harry Stebbings
Disclosure
Walk: Homebrew co-founders had millions saved before starting the fund
“I think, like, not that this is, you know, sort of unspoken, because I think we've both talked about this, but, like, we also started this later in our careers, right? Like, we were both in our, you know, mid-late thirties, and I think it's, like, we both We w…”
Hunter Walk Jan 31, 2023 ▶ 17:46 Homebrew’s Hunter Walk & Satya Patel: Why $100M is Not Enough to Execute a Seed Strategy | 20VC #972 · 20VC with Harry Stebbings
Disclosure
Walk: Managed by Q raised a strategic bridge round before Series A
“That's how we got involved in a company like Managed by Q, which is doing wonderfully. They were already at a revenue run rate and a growth rate that probably could have gotten them in a round, but they hadn't yet thought about what expansion at the time out o…”
Hunter Walk Apr 3, 2017 ▶ 13:56 20VC: Homebrew's Hunter Walk on Why There Is No Series A Crunch, How To Package Portfolio Companies For The Next Round & Why The Bridge Round Is Not Always A Negative Sign?
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