Lakestar

fund on 1 show · 3 statements across 1 episodes · said 3 times in 2 episodes since 2017

20VC 3

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20VC 3

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20VC Disclosure
Hommels claims six or seven investments returned over 100x, including one 1000x
“I have something like six, seven investment more than a hundred times money, one even thousand times, and some more like six or so in the range of 30 to 60 times money.”
Klaus Hommels Nov 27, 2024 ▶ 1:05:15 Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings
20VC Disclosure
Lakestar's UK team originally missed investing in Revolut
“We basically, we missed it in, in in the UK team at the time”
Klaus Hommels Nov 27, 2024 ▶ 54:09 Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings
20VC Disclosure
Klaus Hommels views his investor role as outsourced business development
“Because I do want to fall in love with the founder and the business, because at the end, I'm a, I look at myself as an outsource business development guy.”
Klaus Hommels Nov 27, 2024 ▶ 5:09 Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings

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