People, every show

Harry Stebbings

Founder & Host, 20VC. On 3 shows, 1,492 appearances, plus 16 compilation re-airs not counted. The Shows tab opens the full record on each.

hostinvestorfounder

Harry Stebbings is the founder of 20VC and host of the 20VC podcast. He is also a venture capital investor who conducts interviews and publishes content on technology startups.

3shows
1,492appearances
1,588statements
466resolved
321supported
49contradicted
69%fully supported
86said about them ↓

Everything Harry Stebbings said on any show that made the record, most notable first. Each card names its show and opens the statement there.

20VC Opinion
Traditional 'triple-triple-double-double' startup growth is no longer attractive for VC
“I turned down a company the other day, Because they were going from, like, one and a half to five to 15, and there's an opportunity cost of capital to say that's very real, and the growth expectations are just very different. In other words, triple, triple, do…”
Harry Stebbings Jul 27, 2026 ▶ 51:17 Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy
20VC Opinion
Stebbings: 20VC hires mostly immigrants because British people lack strong work ethic
“Pretty much only hire immigrants. British people don't work very hard.”
Harry Stebbings Jul 20, 2026 ▶ 1:19:57 The Open-Source AI Reality | How Token Costs Will Fall 10X & Usage Will Explode 100X | Lin Qiao
20VC Opinion
Stebbings: TBPN is the Clubhouse of our era with near-zero engagement retention
“I think it's Clubhouse of our era. And so they have brilliant channel market fit, which is they crush it on Twitter for very specific clips. When you look at any of their view rates, very little. When you look at their retention on engagement rates, fuck all.”
Harry Stebbings Jan 11, 2026 ▶ 47:21 20Growth: The $6.6B Growth Engine Behind ElevenLabs | Why ElevenLabs Do Not Have PMs | The 7 Part Launch Playbook to Crush All Launches with Luke Harries, Head of Growth @ ElevenLabs
20VC Opinion
Stebbings: I would put my entire $400M fund into OpenAI
“If I could do anything without fear of retribution from my LPs, I'd put my four hundred million fund into OpenAI.”
Harry Stebbings Jul 11, 2025 ▶ 45:20 20Growth: The Death of Growth Teams? | How Hubspot Use AI to Triple Email Conversion | The Future of AI SEO | Why Prompt Engineering is the New Coding | What Every CMO Needs to Know About AI in 2025
20VC Opinion
Stebbings: European founder quality is much worse than in the US
“I think the quality of European founders is much worse than the US”
Harry Stebbings Oct 28, 2024 ▶ 31:48 Daniel Khachab: "We Are in the Middle of a Cold War for AI Talent" | E1220 · 20VC with Harry Stebbings
20VC Opinion
Stebbings: The younger generation of workers is lazy and expects high compensation
“I think this generation is fucking lazy. They do not work, sorry, I'm on a rant now. They do not want to work hard, they do not want to come into the office, they get paid top dollar, and actually, they want great package, they want all of this, and they don't…”
Harry Stebbings Jun 26, 2023 ▶ 59:28 Akin Babayigit: How Tripledot Studios Became #1 Fastest-Growing Company in Europe | E1030 · 20VC with Harry Stebbings
20VC Opinion
Stebbings: Remote Work Is One of the Most Poisonous Things
“I don't buy remote by the way. I think remote is one of the most poisonous things.”
Harry Stebbings Apr 7, 2023 ▶ 45:11 Rob Lacher: How I Scaled to $600M AUM; Hiring Tips for VCs; Venture Capital in Europe vs USA | E999 · 20VC with Harry Stebbings
20VC Disclosure
Stebbings: Series B investors are offering founders $1M payouts to return capital
“You know, it is, but I'm seeing now I've seen four this month where the series B's are saying, Hey, preemptively we fucked up, but give us our cash back and we'll give you a million each.”
Harry Stebbings Nov 21, 2022 ▶ 1:07:36 Semil Shah: Lessons Learned Scaling from a $1M to a $50M Fund | 20VC #951 · 20VC with Harry Stebbings
20VC Opinion
Harry Stebbings: Most retail investors on Robinhood are incompetent
“I think most of the people who invest in there are incompetent and shouldn't be given dollars. This will definitely be taken out, no doubt. I think this is like, you know, you're empowering people who should not be investing. They do not understand public mark…”
Harry Stebbings Jan 28, 2022 ▶ 22:57 20VC: The Robinhood Memo: The Early Metrics That Showed Robinhood was a Breakout Company, The Cost Structure of Robinhood in the Early Days and Why it is a More Efficient Business than eTrade & How Vlad Has Developed as a Leader Over Time with Rick Yang a
20VC Opinion
Stebbings: Society No Longer Fundamentally Operates as a Democracy
“I don't think we fundamentally live in a democracy anymore, because I know I don't, and I know that pretty much everyone around me is too afraid to say how they truly feel.”
Harry Stebbings Oct 1, 2020 ▶ 33:19 20VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
20VC Opinion
Stebbings: OpenAI fumbled voice AI due to poor management and hiring
“Well, I think with all candor, that's because of incredibly poor management. And hiring, and that was theirs to take, and they fumbled the bag across every spectrum.”
Harry Stebbings Sep 5, 2026 ▶ 29:21 How to Build Your Own Data Center & Why Every Startup Should Do It
20VC Prediction Open · timeframe Sep 2031
Stebbings predicts Meta's stock price would rise if Mark Zuckerberg departed
“If Zuck expired, Meta's stock price would increase.”
Harry Stebbings Sep 5, 2026 ▶ 59:02 How to Build Your Own Data Center & Why Every Startup Should Do It
20VC Assertion Open · timeframe Dec 2026
Cognition Reportedly Raising at $46B Valuation With $1.6B Projected ARR
“Cognition raising round at forty six billion dollars reportedly. They will end the year at 1.6 billion in ARR. Currently doing 800 to 900.”
Harry Stebbings Sep 3, 2026 ▶ 37:23 NVIDIA Crushes Quarter | OpenAI Cuts Off Cursor | Instinct Hits $2.5B Valuation
20VC Assertion Partly supported
Stebbings: Mercor Crosses $2B ARR and Raises at $20B Valuation
“I'm an investor in McCaw. I never thought this would be as big as it has got as quickly as hit, as it has done. It's crossing out two, two and a half billion ARR. They're doing a new round led by General Catalyst at twenty billion.”
Harry Stebbings Aug 27, 2026 ▶ 13:25 Anthropic's $30T Assumption & OpenAI Confirms IPO | Why Customer Service & Robotics are Overinflated
20VC Assertion Partly supported
Stebbings: Surge AI at $3.5B ARR, Mercor $2.5B, Handshake $1B, Micro1 $500M
“Surge are doing three, three and a half. McCaw are doing two and a half. Handshaker doing one. Micro One are doing half.”
Harry Stebbings Aug 27, 2026 ▶ 21:16 Anthropic's $30T Assumption & OpenAI Confirms IPO | Why Customer Service & Robotics are Overinflated
20VC Opinion
Stebbings: Chinese Open-Source AI Providers Are Inherently Advantaged Over US
“I think the comparative landscapes they sit in mean that the Chinese open source providers are just inherently advantaged, sadly.”
Harry Stebbings Aug 9, 2026 ▶ 39:11 OpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
20VC Disclosure
Stebbings: Scaling From $1.5M to $15M ARR Is No Longer VC-Fundable
“I turned down a company the other day that went from one and a half, and they were gonna go to five, and then they were gonna go from five to 15, and it's just not enough anymore. It's just not interesting. I'm sorry for venture. We have an opportunity cost of…”
Harry Stebbings Aug 7, 2026 ▶ 16:12 The AI Boom Will Create Enormous Roadkill: Who Wins & Loses? | David Frankel
20VC Opinion
Stebbings: The $1 Billion Valuation Has Become the New Series A Standard
“I think a billion dollar valuation is the new series, eh? And you're like, whoa, Harry, whoa, whoa, kiddo, calm down, listen to the facts. We used to do a fifty million post and hope it would become a 1,000,000,020 x, without dilution, blunt. Now, you enter at…”
Harry Stebbings Aug 7, 2026 ▶ 33:58 The AI Boom Will Create Enormous Roadkill: Who Wins & Loses? | David Frankel
20VC Prediction Not checkable as stated
Stebbings: Sam Altman and Dario Amodei will successfully lobby for AI restrictions
“I just think Sam Altman is someone who I would never, ever bet against, and I think he's the best politician in the world, and I think when he says something, he says it with intent, and when he says we should give five percent away to the administration, he's…”
Harry Stebbings Aug 2, 2026 ▶ 19:23 Arena CEO: There Will be a $100BN US Open-Source Model & Data is a Trillion Dollar Market
20VC Opinion
Series A is the worst stage due to 200x ARR valuations
“I think Series A is the worst place to be today, and my partners always hate me for this, because all Series A founders are like, great, we won't go and see them but it's the worst place to be. You have, like, one to three million in revenue, and you're at 200…”
Harry Stebbings Jul 27, 2026 ▶ 34:33 Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy
20VC Prediction Not checkable as stated
Sub-$100M boutique seed funds will be the worst-performing VC category
“I think one of the worst performing groups in terms of venture in this vintage will actually be the small boutique seed funds, which is what every single LP that you speak to today, Matt, wants. Every LP. This is the funniest thing. Every LP wants San Francisc…”
Harry Stebbings Jul 27, 2026 ▶ 37:43 Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy
20VC Opinion
Stebbings: Wealthy founders and investors make superior, rational decisions
“I think better, I think founders are better and investors are better when they are already rich. If I'm being blunt, I think you make more rational, sound decisions that are not made with economic impatience.”
Harry Stebbings Jul 11, 2026 ▶ 58:40 ⁠Why OpenAI and Anthropic Won't Win the App Layer | Glean Founder · 20VC with Harry Stebbings
20VC Opinion
Stebbings: $50M to $100M seed funds get crushed in current market
“The worst place to be is a 50 to a hundred million dollar seed fund. You will get crushed by the large funds who are able to write large checks and lead rounds, but you're also not small enough to be collaborative. Very difficult middle ground to be in.”
Harry Stebbings Jul 6, 2026 ▶ 9:51 Why Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV · 20VC with Harry Stebbings
20VC Assertion Contradicted
Stebbings: VC firms need a $400M fund to lead Series A today
“You can't do Series A unless you have a four hundred million dollar fund today. Absolutely no chance.”
Harry Stebbings Jul 6, 2026 ▶ 43:13 Why Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV · 20VC with Harry Stebbings

Show 24statements(1,564 left)

The other half of the tape: Harry Stebbings's own voice is left out of every number here. Other people bring the name up 65 times in 35 episodes across the shows. 21 statements on the record name them. every mention, with the transcript →

Who brings them up most Jason Lemkin 29John Coogan 23Sam Blond 1Kyle Parrish 1Erik Torenberg 1

Statements about Harry Stebbings, by other people (21)

20VC Opinion
Weitzman: Union Square Ventures has storied name but lacks strong leadership
“What I would do is I would join Union Square Ventures. I would join an institution that has a really storied name, but doesn't have particularly strong leadership. And I would become the leadership for that organization.”
Cliff Weitzman May 9, 2026 ▶ 1:20:32 Cliff Weitzman: What I Learned from 100 of the World’s Top CEOs & Why Tokens Will Outspend Salaries · 20VC with Harry Stebbings
20VC Prediction Not checkable as stated
Greze: Town can hit $100B valuation with 10M paying users
“I think if we can get about ten million people paying for the product, we can get to that.”
Jean-Denis Greze Sep 7, 2026 ▶ 1:04:01 Town vs Instinct vs GrokBot | Why the AI Assistant Market Is Not a Bubble
20VC Insight
Altman: Seed VCs have a 15-year window before being replaced
“Yeah, we have to compete with them, we have to do better than them, there's not room for all of us, and Frankly, I kind of think, Harry, you were younger when you started, so you might have a little more time. I got, like, 15 years of this until I'm really goo…”
Max Altman Nov 21, 2025 ▶ 1:03:36 20VC: Max Altman on The New Seed War: Can Anyone Compete with Sequoia and a16z | Leaving $2BN on the Table with Reddit | Lessons from Backing Rippling at $25M Post | Why Climate Tech is a Mirage and Disaster
20VC Prediction Partly held up
Lemkin: Tech Market Will See an IPO Week in H2 2024
“I have a lot of money with Harry that it's an IPO week in the second half of twenty-twenty-four.”
Jason Lemkin Sep 20, 2023 ▶ 1:10:41 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
20VC Insight
Braun: LPs Back Young VCs Based on Character, Not Achievements
“They're betting on you because they like you and they want to see you win. That's the truth. That's the part you're missing. They're betting on you because of who you are, not necessarily what you've achieved, because there's a lot of other people who are much…”
Scooter Braun Apr 17, 2023 ▶ 52:28 Scooter Braun on Being Enough, Insecurity, Wealth, Investing, Fame, Marriage and Much More | E1002 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Carney: Tech investors in 2022 face a boom before an inevitable bust
“Well, actually, I think the first thing to say, Harry, is you are seeing a boom right now. You just haven't seen the bust yet.”
Mark Carney Jan 10, 2022 ▶ 4:55 20VC: Former Governor of the Bank of England, Mark Carney on Why "Only the Niche Will Survive" in Crypto, How Governments and Central Banks Retain Control in a World of Decentralised Finance & The Winners and Losers in Crypto Exchanges and NFTs
20VC Insight
Libin: Founders should be the worst person at every job function
“So never hire someone whose job you can do better than them. Only hire people, only surround yourself with people that are ridiculously better than you or that are superior to you in their job or other things as much as possible. Like always be the worst perso…”
Phil Libin Jan 25, 2021 ▶ 11:44 20VC: Evernote & mmhmm Founder Phil Libin on Why We are Beginning a Multi-Trillion Dollar Restructuring of the World, Why Shortcuts are the Biggest Mistakes Startups Make & The Future of Video and The Unbundling of Zoom
20VC Assertion Open · timeframe Aug 2027
Katz: ClickHouse extended its financing despite having $1B on its balance sheet
“And so we did a financing earlier this year, and then we extended it and brought in some strategic investors like yourself and David Sachs and Michael Dell and JP Morgan. We didn't need the capital. We had a billion dollars on the balance sheet.”
Aaron Katz Aug 31, 2026 ▶ 32:34 ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
20VC Opinion
Swulinski: PostHog's unconventional website UI succeeds as audience pattern disruption
“That's like a pattern disrupt thing for them, and they know who their target audience is, and the target audience appreciates the weirdness.”
Matt Swulinski Aug 14, 2026 ▶ 24:03 How to Build a $100M Growth Engine: Lessons from Wispr Flow & Superhuman | Matt Swulinski
20VC What-if
Laqua: High-ambition founders would have been military generals 200 years ago
“If we were alive you know, 200 years ago, we'd probably be generals, like fighting some sort of wars or something.”
Nico Laqua May 30, 2026 ▶ 12:12 The Hardest Working Startup in America | Nico Laqua, Co-founder & CEO @ Corgi · 20VC with Harry Stebbings
20VC Insight
Rory O'Driscoll: Competition persists because no founders or investors will step away
“Everyone complains about competition, and everyone's prepared to do anything to solve the problem except the one thing that will solve the problem, which is step away from the table yourself, Harry.”
Rory O’Driscoll Sep 18, 2025 ▶ 1:01:53 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
20VC Assertion Supported
Lemkin: RevenueCat powers 40% of mobile subscription apps
“On Revenue Cat or Harry and I Investors, they power 40% of mobile subscription apps. I think the average app across all mobile paid apps is like six percent a month churn.”
Jason Lemkin Jul 17, 2025 ▶ 50:11 Windsurf x Google x Cognition: Full Breakdown: Who Made Money, Who Did Not · 20VC with Harry Stebbings
TBPN Opinion
Hays: Deploying a full $400M early-stage fund exclusively in Europe is concerning
“The reason that I'm bullish overall on, I'm not bullish on the European focus. . I mean, I guess that if he's gonna invest the whole, if he's gonna invest the full four hundred million in Europe, that's concerning.”
Jordi Hays Oct 24, 2024 ▶ 1:41:37 Crypto is Back Baby (ep5)
20VC Disclosure
Lemkin: Expects to lose $70K bet on 2024 tech IPO resurgence
“And I have, you know, I've got 70,000 dollars with you that there'll be 26 IPOs next year. I think my, I think I may have been off by six months, so I'm going to lose.”
Jason Lemkin Jan 4, 2024 ▶ 18:05 Jason Lemkin: Predictions for 2024 - What Does a Trump Administration do for Startups? | E1099 · 20VC with Harry Stebbings
20VC Opinion
Max Rhodes: Interviewing candidates on childhood yields less value than recent work
“But I think the value of that time is a little less than the value of more recent professional experiences.”
Max Rhodes Feb 18, 2022 ▶ 31:27 20VC: Faire's Max Rhodes on Three Steps To Hire the Best Candidates, Why Every Company Should Have a Strategy Doc and How To Do It & The Art of Referencing; How to Get the Most Out of Every Reference
20VC Insight
Libin: A founder's struggle to delegate is a failure to hire well
“Like, it is your failure if you have not hired people that you think are better than you at their job.”
Phil Libin Jan 25, 2021 ▶ 12:53 20VC: Evernote & mmhmm Founder Phil Libin on Why We are Beginning a Multi-Trillion Dollar Restructuring of the World, Why Shortcuts are the Biggest Mistakes Startups Make & The Future of Video and The Unbundling of Zoom
20VC Opinion
Altucher advises 18-year-old Harry Stebbings to skip college for real-world experience
“And I hope you don't go to college and instead do things that are really exciting and adventurous with your life.”
James Altucher Jun 4, 2015 ▶ 27:04 James Altucher: Ideas, Investing and Entrepreneurs
20VC Prediction Open · timeframe May 2036
Tobi Lütke: Most top jobs in ten years do not exist today
“It's a brilliant start, and that is going to be true in 10 years too, and 10 years after that.”
Tobi Lütke May 4, 2026 ▶ 22:49 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
TBPN Assertion Not checkable as stated
Hays: Harry Stebbings will collect $80M in management fees on new fund
“He's pulling down eighty million of management fees on that fund.”
Jordi Hays Oct 24, 2024 ▶ 1:40:45 Crypto is Back Baby (ep5)
20VC Insight
Jerry Colonna: Genuine choice in work behavior requires full awareness of trade-offs
“And once you have consciousness, then you have choice. And if you choose to never take a vacation, Harry, do so consciously. If you choose to derive all of your self-worth and meaning from your job, do so consciously and fully conscious of the cost and benefit…”
Jerry Colonna Jul 27, 2020 ▶ 37:18 20VC: Brad Feld, Jerry Colonna and Tracy Lawrence on Depression and Mental Health, The Dangers of Tying Happiness To Milestones & Why Fear, Anxiety and Guilt Are Useless Emotions
TBPN Assertion Supported
Coogan: 20VC raises $400M fund for early-stage startups
“The British firm, firm, 20 VC pulls in four hundred million dollars to invest in early stage tech startups.”
John Coogan Oct 24, 2024 ▶ 1:40:00 Crypto is Back Baby (ep5)

Every mention by year

tap a year for its mentions
0015103020201820192020202120222023202420252026episodesmentions
01020201820192020202120222023202420252026episodes it came up in
002.510520201820192020202120222023202420252026episodesmentions per episode

the Official SaaStr Podcast 36TBPN 2720VC 2

2026 19 mentions in 13 episodes 1 per episode
2025 27 mentions in 17 episodes 2 per episode
2024 18 mentions in 4 episodes 5 per episode
2018 1 mention in 1 episode

One line per show, most statements first. The link opens Harry's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
20VCLEDGER Founder & Host, 20VChost 1483 +16 1,560 69% 320/465 full record on 20VC →
SAASTRLEDGER Founder & Host, 20VC 8 21 full record on the Official SaaStr Podcast →
TBPNLEDGER Founder & Host, 20VC 1 7 100% 1/1 full record on TBPN →
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