20VC: Fred Destin @ Accel on Why Startups Fail & Founders Get Fired?

20VC: Fred Destin @ Accel on Why Startups Fail & Founders Get Fired?

Fred Destin is General Partner at Accel in London where he focuses on consumer and software investments. He is the lead investor and board member at Deliveroo, Pillpack (featured in ep: 89 with Eric Paley) and KNC. Prior to Accel, he was a partner at Atlas Venture where he worked with with companies like Zoopla (public), Secret Escapes, Integral Ad Science, Dailymotion (acquired by Orange), PriceMinister (acquired by Rakuten) and others.

A special thank you to Mattermark for providing all the data displayed in today's show and you can find out more about Mattermark here! Click To Play In Today's Episode You Will Learn:

1.) How Fred made his way into the world of startups and investing?

2.) What is it like investing in rocketships like Deliveroo and PillPack?

3.) What are the reasons most startups fail at the seed stage? What are the most common reasons that founders get fired?

4.) Why does Fred believe raising a Series B so tough? Is it the embodiment of the funding barbell?

5.) What are Fred's thoughts on VC founder alignment? Why does Fred deliberately cause tension between a founder prior to making an investment? In what form does this take?

6.) When I asked Fred for topics he was interested in, he gave me a list and one of them, I have never had suggested before and it is ‘Why are VC’s so schizo’? What does Fred mean?

Items Mentioned In Today's Episode: Fred's Fave Book: Mikhail Bulgakov: The Master & Margarita Fred's Fave Blog or Newsletter: The Atlantic, Tech.eu Fred's Most Recent Investment: Deliveroo As always you can follow The Twenty Minute VC, Harry and Fred on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!

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20 VC 026: Chris Redlitz on The Importance of People, Pivoting and The Last Mile

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9 Huhti 201514min

20 VC 025: Finding the Right VC and The Evolution of Summly with John Henderson of White Star Capital

20 VC 025: Finding the Right VC and The Evolution of Summly with John Henderson of White Star Capital

John Henderson is Principal at White Star Capital, a VC firm helping exceptional entrepreneurs build great technology companies, with a presence in Europe and North America. Prior to White Star, John ...

6 Huhti 201521min

20 VC 024: Financing Finch with Marc Bernegger of Orange Growth Capital

20 VC 024: Financing Finch with Marc Bernegger of Orange Growth Capital

Marc Bernegger is Venture Partner at Orange Growth Capital, a Fintech investment firm with notable investments in the likes of Bux, Knip and Zopa. Prior to OGC, Marc was Partner at Next Generation Fin...

2 Huhti 201520min

20 VC 023: The Recipe for a successful Crowdfunding campaign with Tom Britton

20 VC 023: The Recipe for a successful Crowdfunding campaign with Tom Britton

Tom Britton is Co-Founder and CTO of Syndicate Room, an equity crowdfunding platform that allows it's members to co-invest alongside professional investors. To date Syndicate Room have raised an incre...

30 Maalis 201522min

20 VC 022: Letting go of the life we planned and the Power of the Female Narrative with Matthew McCall

20 VC 022: Letting go of the life we planned and the Power of the Female Narrative with Matthew McCall

Matthew McCall is a Partner at Pritzker Group Venture Capital and was previously a Partner with DFJ Portage. He has been involved with investments with Feedburner (acquired by Google), Playdom (acquir...

26 Maalis 201529min

20 VC 021: Gender Equality, Startup Valuations and 'Friend Raising before Fund Raising with Sharon Wienbar

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Sharon Wienbar invests in Mobile and Internet companies at Scale Venture Partners, where she sits on the board of Actiance, Applause, BeachMint, Everyday Health, PlayPhone, Reply.com and uTest. Prior ...

19 Maalis 201536min

20 VC 020: Revolutionising Investing with Luke Lang, Co-Founder of Crowdcube

20 VC 020: Revolutionising Investing with Luke Lang, Co-Founder of Crowdcube

Luke Lang is Co-Founder and CMO of Crowdcube, the world's leading investment Crowdfunding platform. Crowdcube enables anyone the opportunity to invest alongside professional investors in start-up, ear...

16 Maalis 201525min

20 VC 019: Funding the Future with James Wise of Balderton Capital

20 VC 019: Funding the Future with James Wise of Balderton Capital

James Wise is Principal at Balderton Capital, one of Europe's most successful venture funds. At Balderton, James invests and advises early-stage technology start-ups, holding board member positions at...

12 Maalis 201520min

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