user avatar
Fred Destin
@fdestin
Founder @Stride_VC. Thriving on Chaos. Lead VC on @hofy @cazoouk @pillpack @deliveroo @zoopla @integralads @currencycloud etc.
London, Europe
stride.vc
Joined July 2007
2,020
Following
47.6K
Followers
  • Pinned
    user avatar
    Fred Destin
    @fdestin
    Mar 12, 2023
    🔥 There are now 100 signatories from the VC industry inc. all key players now in support of SVB and the 1K+ British startups it powers . 💪 Keep pushing and sharing. NOW is the time. Content + full list of signatories in the link. notion.so/stridevc/VCs-i…
    27K
  • user avatar
    Fred Destin
    @fdestin
    Oct 30, 2022
    Genius marketing.
  • user avatar
    Fred Destin
    @fdestin
    Jul 31, 2019
    Founders are beasts 🦸‍♂️ In the morning they sell 🕺🏼 In the afternoon they recruit and manage 👩‍🍳 In the night they do payroll and tax returns 👩‍🏫 At the weekend they work on strategy and the 500 emails they didn’t get to 👩‍🚒 All that when they’re not fundraising of course 🤦🏽‍♂️
  • user avatar
    Fred Destin
    @fdestin
    Sep 4, 2020
    6 months after you stop working, unless you’re Steve Fucking Jobs, no one will remember your name. Worth keeping in mind 😎 Do shit you love.
  • user avatar
    Fred Destin
    @fdestin
    Aug 26, 2020
    1/ Your startup valuation, explained simply 👇
  • user avatar
    Fred Destin
    @fdestin
    Jul 27, 2020
    Stark reminder today that you can't fire your investor. And that building a startup takes a long time. Soooo ... don't raise money from assholes. Life's too short.
  • user avatar
    Fred Destin
    @fdestin
    Aug 21, 2020
    When VCs say "no" to funding you... they are saying "no" RELATIVE TO other opportunities they are chasing. It does NOT mean your startup is crap.
  • user avatar
    Fred Destin
    @fdestin
    Mar 27, 2020
    1/ A little thread on how one venture capitalist thinks about the pandemic from a fund standpoint
  • user avatar
    Fred Destin
    @fdestin
    Jul 28, 2022
    VCs be like: “Hey we want underrepresented X to join our team but we’ll also insist on an MBA, experience in banking and consulting, or a venture firm or Google”
  • user avatar
    Fred Destin
    @fdestin
    Dec 29, 2021
    I’m waaaay more disciplined as a VC than I am as an angel. As a VC I feel deeply responsible and make tight investment decisions. My own cash? Eh. Friendship, passion projects, over-indexing on mission. I’m OK to lose it. So much for all that jazz about $$ alignment :-)
  • user avatar
    Fred Destin
    @fdestin
    Jan 30, 2020
    1/ Visited a startup yesterday that uses Kaizen / Lean aggressively; every wall of its office was covered in visuals mapping priorities and progress - I found it incredibly refreshing and invigorating 👇
  • user avatar
    Fred Destin
    @fdestin
    Jul 29, 2020
    Saw another startup with a completely shot cap table, which happens regularly in the UK and France. Management sub 10% for a business that just broke $1M ARR. We'd never, ever fund this without founders and team owning *at the very least* 30-50%. --> Clean up pre-funding.
  • user avatar
    Fred Destin
    @fdestin
    Aug 25, 2020
    1/ How VC economics work explained very simply 👇
  • user avatar
    Fred Destin
    @fdestin
    Aug 11, 2020
    VC X: Amazon memo! Decks are soulless 🙄 VC Y: Nothing beats a good video, writing is so dry 🤗 VC Z: I HATE VIDEOS, decks only! Here are the twelve slides you must use IN CORRECT ORDER.😡 Founders:🤦🤦🏻🤦🏾