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20VC Prediction Held up
Seton-Rogers predicts Europe will produce $10 billion tech companies
“And I'm very adamant about this. I think Europe's incredibly well-positioned going forward to create the next, not billion, but ten billion dollar companies.”
Sean Seton-Rogers Sep 2, 2015 ▶ 5:15 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Insight
Seton-Rogers: Europe lacks executive talent to scale startups from $50M to $500M
“Europe's got great founders. It's got the capital now. It's got the great technical expertise as well. But what we don't have, we haven't had people that have been through big companies multiple times and can take companies from fifty million in revenue to fiv…”
Sean Seton-Rogers Sep 2, 2015 ▶ 14:41 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Insight
Seton-Rogers: VC investors must be local for a startup's first two rounds
“So when you're investing in the first two rounds of a company, you need to be close by, and the U.S. Funds are just too far away to do that.”
Sean Seton-Rogers Sep 2, 2015 ▶ 5:37 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Insight
Seton-Rogers: Early capital surplus raises the bar for European Series B/C
“However, what it's done is it's actually raised the bar for the follow-on rounds of financing. So now when you need to raise that Series B or Series C, there hasn't been the commensurate growth in capital available at those stages, which means the bar is highe…”
Sean Seton-Rogers Sep 2, 2015 ▶ 7:13 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Opinion
Seton-Rogers: Berlin's tech ecosystem is growing faster than London's
“And so London is ahead. But if you look Berlin's on a faster growth trajectory.”
Sean Seton-Rogers Sep 2, 2015 ▶ 13:57 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Assertion Not checkable as stated
Seton-Rogers: Berlin's immigration rules make it better at attracting US talent than London
“And I think, if anything, Berlin, it's easier to do that than it is in London right now. And Berlin's got a little bit of a zeitgeist moment right now, And the immigration is slightly easier and it's slightly more attractive to people coming from the US.”
Sean Seton-Rogers Sep 2, 2015 ▶ 15:28 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Opinion
Seton-Rogers: Good startups can raise all the capital they want
“I do believe in a in a very equitable kind of marketplace right now from an investing perspective, and good companies are able to raise all the money that they want. I passionately believe that's, that, that's true.”
Sean Seton-Rogers Sep 2, 2015 ▶ 16:59 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Assertion Supported
Seton-Rogers: Equity crowdfunding platforms offer startups higher valuations than VCs
“Just the way I see the pricing happen, they're getting much higher prices on these crowdfunding platforms than investors will give them, than VCs will give them.”
Sean Seton-Rogers Sep 2, 2015 ▶ 19:52 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Insight
Seton-Rogers: Great companies succeed by focusing laser-like on one product
“It's all about laser focus. So I think where companies get things wrong is when they try to bite off more than they can chew. And when you're a young company and you're really growing well, you keep saying to yourself, well, we should also do this. We should a…”
Sean Seton-Rogers Sep 2, 2015 ▶ 3:33 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Disclosure
Seton-Rogers: PROfounders Capital Is Funded Entirely by Exited Entrepreneurs
“All of the money in our fund comes from entrepreneurs who have actually built and exited companies.”
Sean Seton-Rogers Sep 2, 2015 ▶ 9:05 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Insight
Seton-Rogers: Web innovation shifted from infrastructure to design and services
“The web has shifted away from an infrastructure-led, ah, play to what you do on top of the platforms that are already there. It's about the creative, the design-led, the services-led businesses that you can build on top of what is there.”
Sean Seton-Rogers Sep 2, 2015 ▶ 11:13 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Opinion
Seton-Rogers is hugely bullish on European music tech opportunities
“Europe is producing the bulk of them. So think about it. So Spotify, Shazam, SoundCloud, Deezer, Songkick, I mean, these are all UK, European businesses that are leading the way. So I'm hugely bullish about what can take place in the music space.”
Sean Seton-Rogers Sep 2, 2015 ▶ 12:13 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Assertion Not checkable as stated
Seton-Rogers: Europe produces the world's leading fashion tech companies
“Now, because the web is not about the infrastructure, it's about what you do with it, once again, Europe is producing some amazing, leading fashion companies whether it's Bonne-Privé five, six years ago that came out of France, or Ux and Net-A-Porter merging r…”
Sean Seton-Rogers Sep 2, 2015 ▶ 12:45 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
20VC Assertion Not checkable as stated
Seton-Rogers: Quality of startups on equity crowdfunding platforms is rising
“I definitely noticed that the quality of the companies is going up on these crowdfunding platforms.”
Sean Seton-Rogers Sep 2, 2015 ▶ 23:26 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital
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