Harry Stebbings

16 statements across 2 episodes · 1 bullish · 9 bearish · 1 people on the record · first statement Feb 3, 2023 by Harry Stebbings · said 36 times in 25 episodes since 2018 · across every show →

On the record as a speaker too: Harry Stebbings's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Jason Lemkin (29), Sam Blond (1), Kyle Parrish (1)

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2026 18 mentions in 12 episodes 2 per episode
2025 16 mentions in 11 episodes 1 per episode
2024 1 mention in 1 episode
2018 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Harry Stebbings, oldest first

Feb 3, 2023
Disclosure
Stebbings: 20VC deployed only 35% of its fund over 18 months
“I invested 35% of my fund in, you know, 1718 months.”
Harry Stebbings Feb 3, 2023 ▶ 46:13 What Venture Looks Like In 2023 | SaaStr Founder Jason Lemkin + 20VC Host Harry Stebbings
Feb 3, 2023 negative
Opinion
Stebbings: The Recent Generation of Tech Employees Is Entitled and Poor-Performing
“I, my worry is that actually, I think there's this generation of kind of entitled, but also pretty crap team members.”
Harry Stebbings Feb 3, 2023 ▶ 32:08 What Venture Looks Like In 2023 | SaaStr Founder Jason Lemkin + 20VC Host Harry Stebbings
Feb 3, 2023
Disclosure
Stebbings: Holds a Portfolio Company Valued at 1,000x ARR
“I've got one that was a thousand X ARR.”
Harry Stebbings Feb 3, 2023 ▶ 26:44 What Venture Looks Like In 2023 | SaaStr Founder Jason Lemkin + 20VC Host Harry Stebbings
Feb 3, 2023 negative
Assertion Not checkable as stated
Stebbings: LPs penalize VC managers who missed chances to return DPI
“On the re-ups, from what I understand, and I speak to a lot of LPs, if you had the chance to produce DPI last year, and you didn't, you're in the bad books.”
Harry Stebbings Feb 3, 2023 ▶ 47:08 What Venture Looks Like In 2023 | SaaStr Founder Jason Lemkin + 20VC Host Harry Stebbings
Feb 3, 2023
Opinion
Stebbings: Mature founders navigate downturns better than volatile young founders
“The mature founders, the fathers, the, and the mothers, and the more mature minded are weathering it well. They know that if their child gets sick, it's going to be much worse than a recession. But the young, young founders, their volatility is very extreme. I…”
Harry Stebbings Feb 3, 2023 ▶ 35:08 What Venture Looks Like In 2023 | SaaStr Founder Jason Lemkin + 20VC Host Harry Stebbings
Aug 30, 2024
Disclosure
Stebbings: Early-stage VCs should roll off startup boards by Series B
“I always want to roll off the board. As you said, you shouldn't have five investors on the board who generally don't have that much of a different perspective. If at the Series B, not that much use for me to be there, really. If the founder wants it, fine. Abs…”
Harry Stebbings Aug 30, 2024 ▶ 20:41 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 negative
Opinion
Stebbings: Small VC Platform Hires Are Ineffective Compared to Top Firms
“Andreessen have hundreds. They're actually very deep across every segment of hiring, across every segment of B to B customer acquisition. They are a machine. Insight is the same. We have Insight who've done our companies, and it is a machine that they roll in.…”
Harry Stebbings Aug 30, 2024 ▶ 18:10 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 positive
Insight
Stebbings: Pitch Decks Should Explicitly List Reasons Not to Invest
“One slide everyone should have on their deck, I think, is three reasons why you should not invest in us today. And then say, our, I don't know, our sales cycle is too slow, give the data. Our net retention number is too low, give the data. And then on the next…”
Harry Stebbings Aug 30, 2024 ▶ 41:10 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 negative
Opinion
Stebbings: Europe Has Many Dangerous VCs Who Know Nothing Yet Interfere
“And then there are the really dangerous investors who think they know everything but actually know nothing and want to do a lot. Big cross. Worst of the worst. Europe has a lot of them, sadly.”
Harry Stebbings Aug 30, 2024 ▶ 17:54 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 negative
Insight
Stebbings: Offering 10% dilution prevents startups from attracting top-tier VCs
“So if you come to a venture market with a 10% dilution round, you're not gonna get the best venture investors in the world to partner with you, because you're gonna be giving it max eight percent away, because there's gonna be two percent for angels, maybe eve…”
Harry Stebbings Aug 30, 2024 ▶ 30:17 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 negative
Assertion Not checkable as stated
Stebbings: 78% of the time VC follow-on reserves are misallocated
“When you actually look at the data, and we have probably the most data across, I think almost anyone, we have 2700 GP track records, and when you look across that data set, 78% of the time reserves are misallocated.”
Harry Stebbings Aug 30, 2024 ▶ 11:33 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 neutral
Insight
Stebbings: Raising Capital Pre-Launch Is Often Easier Than Post-Launch
“Walt Disney is sell me this story, make it magical, and make it wonderful. That's your pre-seed and your seed, and then you need to know when to sell me the pen. And there is a very rude transition between the two that I think will catch people up, and I think…”
Harry Stebbings Aug 30, 2024 ▶ 38:51 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 bearish
Assertion Not checkable as stated
Stebbings: Startups Raising Over $5M at Seed Have Consistently Performed Worst
“I've done a 170 investments in 10 years. And we analyzed performance across them, according to actually how much they raised at the seed. And consistently the worst performing companies raised five million or more at the seed round.”
Harry Stebbings Aug 30, 2024 ▶ 34:38 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024
Insight
Stebbings: Founders should construct their cap table like a sports team
“I would just say that build your cap table like you do a sports team. Everyone has a very specific position. A left back, a right back. Have someone for PR and marketing. Have one for engineering and recruiting. Have one for fundraising. Have one for pre-produ…”
Harry Stebbings Aug 30, 2024 ▶ 18:47 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 negative
Insight
Stebbings: VC funds with heavy reserves are misaligned on round valuations
“If you have actually a very heavy skew towards reserves, Actually, we're not aligned, because that new round that you're getting, I don't want it to be that high, because I want to double down and put more in. It's much more beneficial to me that it's lower.”
Harry Stebbings Aug 30, 2024 ▶ 12:11 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Aug 30, 2024 negative
Disclosure
Stebbings: 20VC Never Makes Follow-On Investments to Eliminate Signaling Risk
“We remove signaling so we don't ever do follow-on.”
Harry Stebbings Aug 30, 2024 ▶ 11:30 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
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