StarZero All shows Try the podcast clipper →

Robert Lacher

Founding Partner, Visionaries Club · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorfoundervisionaries.vc ↗

Robert Lacher co-founded the European early-stage venture capital firm Visionaries Club in 2019, having previously founded the fashion startup Amaze and co-founded seed VC firm La Famiglia. Featured on Forbes' Midas List Europe, he backs B2B and SaaS companies including Miro, Personio, and Pigment.

9statements → 3claims → 2claims resolved → 3.67/5average certainty → 2/5average debate potential →

1 supported 1 partly supported 0 contradicted 1 not checkable as stated how the 3 claims stand · each chip opens the sources

3 assertions · 1 opinion · 3 insights · 2 disclosures · every statement was checked. The predictions and assertions are the 3 claims: statements the public record can support or contradict. 2 are resolved, and 1 names no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Robert argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Lacher: Multi-Stage VC Funds in London Increased Fivefold Over Five Years
“What happened in the last three years is that there have been a tons of multi-stage funds entering Europe, building a new office. So five years ago, it was Excel index, Atomico, Boulder, and a few competing, and now you have Sequoia. NEA, you have Iconic, you …”
Robert Lacher Aug 30, 2024 ▶ 1:54 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
100% certainty 3
50% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

Everything Robert Lacher said on the Official SaaStr Podcast that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Lacher: Founders Should Kill Pro-Rata Rights to Eliminate Signaling Risks
“If I was a founder, and I'm speaking against my own interests a little as an investor, being opportunistic, but why the hell would you give someone a paratha right? Because either that investor needs to earn it and really show that they're doing great work, so…”
Robert Lacher Aug 30, 2024 ▶ 12:55 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Insight
Lacher: Seed Checks From Multi-Stage VCs Create Severe Series A Risk
“If you have an aggressive Multi-stage fund in your cap table, everyone knows if you're killing it, they would preempt your next round. They would clearly do the A round. That's certain. Can give you 10,000 examples. It's just, if things are going okay, but not…”
Robert Lacher Aug 30, 2024 ▶ 4:00 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Insight
Lacher: Multi-stage VC win rates at Series A dropped from 50% to 1-10%
“Series A has become such a red ocean for VCs competing to enter the rounds that it's just very difficult to win deals. If you were a multi-stage fund five years ago, you would maybe have a 50% chance to win a term sheet in one of your great founders, right? An…”
Robert Lacher Aug 30, 2024 ▶ 3:20 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Assertion Not checkable as stated
Lacher: Series A ARR Thresholds Have Shifted to $1.5M–$2.5M
“I think what maybe used to be if we take 500 K AR maybe three years ago with a great Walt Disney story and a few great product references would have been in a round that many would have many VC funds would have looked at, which Today, I think the corridor has …”
Robert Lacher Aug 30, 2024 ▶ 40:39 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Insight
Lacher: Outperforming portfolio founders are independent and seek targeted advice
“Those founders in our portfolio that really outperformed were pretty independent Founders that really just were looking, if they were looking for advice, they were looking for a 10 out of 10 highly strategic or on the point advice to answer a certain question.”
Robert Lacher Aug 30, 2024 ▶ 16:40 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Disclosure
Lacher: Visionaries Club LPs Are Exclusively Successful Entrepreneurs and Founders
“The difference from our LP base compared to other VCs is that we only have successful entrepreneurs. So we have 25 unicorn founders, like the founders of UiPath, Miro, Flix, Barcello, Fresh.”
Robert Lacher Aug 30, 2024 ▶ 0:39 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Assertion Partly supported
Lacher: 90% of European Companies Are Family Businesses, Including LVMH
“If you look at the European economy, the DNA are 90% of the companies are family businesses. Some of the best companies like LVMH, Peugeot, Fiat, Ferrari, they're all family owned”
Robert Lacher Aug 30, 2024 ▶ 0:52 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Assertion Supported
Lacher: Multi-Stage VC Funds in London Increased Fivefold Over Five Years
“What happened in the last three years is that there have been a tons of multi-stage funds entering Europe, building a new office. So five years ago, it was Excel index, Atomico, Boulder, and a few competing, and now you have Sequoia. NEA, you have Iconic, you …”
Robert Lacher Aug 30, 2024 ▶ 1:54 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club
Disclosure
Lacher: Visionaries Club Passed on Pigment Follow-On Due to Valuation
“So we were seed investors in, in, in pigment, tacto, and I could take deal. We didn't follow on in pigment deal. Some of the best companies because we thought it was too expensive. It was wrong, right?”
Robert Lacher Aug 30, 2024 ▶ 28:35 Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club

Appearances (1)

EpisodeDateSpeaking time
Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club Aug 30, 2024 28m
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 400 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more