Andy McLoughlin
Managing Partner, Uncork Capital. On 1 show, 2 appearances. The Shows tab opens the full record on each.
investorfounderexecutive@andymcloughlin ↗LinkedIn ↗andymcloughlin.com ↗
Andy McLoughlin co-founded the enterprise collaboration platform Huddle, as well as Founders Pledge and GBx. As Managing Partner at Uncork Capital and an angel investor, he has backed companies such as LaunchDarkly, Tailscale, Intercom, and Calm.
1shows
2appearances
21statements
6resolved
3supported
3contradicted
50%fully supported
31said about them ↓ Everything Andy McLoughlin said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Startups Passing 150 Employees No Longer Need Hustler Founders
“When a company gets past a 150 people and, you know, start getting up towards, you know, 200, they don't really need the kind of hustler Founder there anymore. They need people who are going to adhere to processes and, you know, get stuff done and not trotting…”
Party Rounds Will Show Major Downside in Coming Months
“And I think, you know, the, one of the big issues that we're going to see in in the market over the next few months is this, the downside of the party round.”
Silicon Valley remains the best place to incubate global startups
“And I think if you believe that great entrepreneurs and great businesses can be born absolutely anywhere, but this is probably still the best place in the world to incubate them, then finding those teams and finding those people who maybe don't look, you know,…”
Series A startups compete against all fundraising companies, not just sector peers
“And, you know, given that there is such a glut of seed money out there and so many companies being seed funded, yet this, you know, the number of Series A deals is effectively the same, if not lower year on year. What that means is, and I, this is the exact wo…”
Over 2,500 US seed funds have inflated Bay Area business costs
“There, you know, there are now two and a half thousand plus seed funds operating in the U.S. With a large focus on being on the Bay Area. What that means is, you know, there are probably too many dollars chasing too few deals Which has driven the cost of both …”
McLoughlin predicts Pipedrive will be worth hundreds of millions or billions
“I think that's going to be a business which is worth many hundreds of millions or even billions of dollars in the future”
SoftTech VC Avoids Outside Seed Plus Rounds as Red Flags
“What we don't generally do, though, is look at C C primes, or C pluses, or second Cs, or C twos, or C Bs, from companies that aren't already in the portfolio. Cause generally that smacks of a company that went out to raise a series A and failed.”
VCs Will Use Leverage Over Startups Whenever Possible
“Well, exactly, because, you know, the thing that you have to remember is that VCs are, at the end of the day, in the business of trying to make money, and if they have leverage over a company, they will probably use it.”
Enterprise Software Requires Top-Down Sales for Real Revenue
“Grassroots is great because it can just spread like wildfire inside an organization. It can move from org to org very virally, but I think, you know, to make real revenue, you kind of need to you need to be kind of selling top down.”
SoftTech VC missed hardware deals because founders assumed a software-only mandate
“Given that fairly large chunk of the investments we make these days are in hardware and frontier technologies, I think we actually were missing deals because people thought we would only invest in software.”
Investors should not expect founders to be experts on the VC landscape
“I think that the art of fundraising and the art of pitching and the art of selling are all kind of bound up together. I just don't expect my founders to be experts in understanding the VC landscape.”
Startups should target 24 months of runway instead of 18
“Yeah, I mean, I think 24 is probably the right number. The issue with 18 months worth of runway is that by the time you close the funding ground, you get started, you might have 1011, 12 months before you need to think about fundraising again.”
Uncork Capital avoids health startups requiring upfront FDA approval
“Yeah, I mean, I think we stay clear of anything which is too highly regulated. I mean, we do a lot of look at digital health. We look at hardware and health, and in any of these areas, we try and find products that don't necessarily need FDA approval, in order…”
Seed Rounds Reached $1.5M to $3.5M by 2016
“Seed rounds have really, really gotten a lot bigger in the in the last three or four years, to the point now where you have a pre-seed Round. So you might have a friends and family round of, you know, 25 to 50,000 dollars to get you off the ground. You then do…”
Seed VCs Skipping Series A Follow-On Signals Severe Trouble
“Yeah, I mean, if we were, if there was a startup going out from one of our, going out for their Series A, and we didn't participate, that would look really bad.”
McLoughlin's first angel check was $10,000 into Postmates in 2011
“And so I invested 10,000 dollars into this entity that became a company that turned into Postmates. And so that was my first ever investment.”
Jeff Clavier bought SoftTech VC's original logo on 99designs for $100
“Jeff had bought on 99 designs for like a hundred dollars or something back in probably 2005 or something.”
SoftTech VC was regularly confused with SoftBank after Vision Fund launch
“With the announcement of the Vision Fund and, you know, the huge investments into Uber and everything else that they've been doing, we were just getting confused on a pretty regular basis, which is kind of crazy considering that their fund is, I think, three o…”
McLoughlin predicts Tray.io will raise its Series B in 2018
“I think they're probably going to be raising their Series B this year, and I hear a lot of great things from great VCs who want to meet them.”
SoftTech VC Will Deploy 50% of Fund V Into B2B SaaS
“About half of the fund will be deployed into BtoB and SaaS, which is great for me, because that's kind of my area of specialty.”
The other half of the tape: Andy McLoughlin's own voice is left out of every number here. Other people bring the name up 31 times in 14 episodes across the shows. every mention, with the transcript →
Who brings them up most Harry Stebbings 30Logan Bartlett 1
Every mention by year
tap a year for its mentions
20VC 31
2022 1 mention in 1 episode
2020 3 mentions in 1 episode
2019 15 mentions in 6 episodes 3 per episode
- 20VC: Ash Fontana on The 5 Core Characteristics That Make Data Valuable, What VCs Can Learn From Italian Craftsmen and Howard Marks & The Importance of Vertical Integration In Scaling Today
- 20VC: BoxGroup's David Tisch on Whether Concentrated Investing At Seed Works, Do Founders Really Want Direct Feedback and Is It Good For Them & Why Consumer Social Is Interesting Again
- 20VC: Matrix's Ilya Sukhar on How The Seed Ecosystem Could Be Optimised, Why The Bar For The Break-Out Series A Has Risen & The Art of Effective Referencing
- 20VC: Slow Ventures' Sam Lessin on How VC Forces Certain Companies To Exist and Makes It Difficult To Finance Others, Why Cities Won't Let Scooter Companies Be Profitable and Why Dapps Are A Concern and Where Emphasis Should Be Placed In Crypto
- 20VC: Why Portfolio Construction Is Inefficient, Why The Only Thing That Matters In Venture Is Pricing & The Future of Venture; Bundled or Unbundled with Zach Coelius
- 20VC: Softbank Managing Partner, Jeff Housenbold on How Softbank Approach Portfolio Construction, Their Optimal Investment Decision-Making Process and What Excites Softbank Most In Opportunities Today
- every mention in 2019, scene by scene →
2018 5 mentions in 2 episodes 3 per episode
- 20VC: Lessons Learned Scaling PillPack from Seed to Amazon Acquisition, Why Investors Should Spend More Time Assessing Human Capital Risk Taken by Founders & The Right Way To Think About Capital Efficiency in Scaling with David Frankel, Managing Partner @
- 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
- every mention in 2018, scene by scene →
2016 7 mentions in 4 episodes 2 per episode
- 20 VC FF 029: VC vs Angel Funding & The Future of E-Commerce with Ivan Mazour, Founder @ Ometria
- 20VC: Why The Best CEO's Are The Best Capital Allocators, How You Can Build A Business In A Space You Are Not Passionate About & When Is The Right Time To Put The Pedal To The Metal with Josh Hannah, General Partner @ Matrix Ventures
- 20VC: What It Takes To Raise A VC Fund & Investing in First Time Fund Managers with Michael Kim @ Cendana Capital
- 20VC: Raising A Solo GP Fund & Why They Are So Prominent Today with Charles Hudson, Managing Partner @ Precursor Ventures
- every mention in 2016, scene by scene →
One line per show, most statements first. The link opens Andy's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Managing Partner, Uncork Capital | 2 | 21 | 50% 3/6 | full record on 20VC → |