Harry Stebbings, founder of the Twenty Minute VC podcast and Stride.VC, spends time every day connecting with each of his new followers on social media. He ends every email with “How can I help you?” Listen for more on how he built his podcast to over five million downloads per month, and how he Gives First every day.
Stride.VC founder Harry Stebbings is probably best known for his podcast, The Twenty Minute VC, the world’s largest media asset in venture, with over 5 million downloads per month. He’s talked with amazing Venture Capitalists and entrepreneurs and made over 2,800 shows, and he spends 45 minutes every day DMing each one of his new followers on Twitter in order to build a network with a truly human touch.
When he was 13, Harry watched “The Social Network,” the movie about Facebook’s growth, and it inspired him to become an entrepreneur and investor. At 18, he set up the Twenty Minute VC. With $50 in the bank, he literally stood at a crossroads and spent $10 on the domain and $20 on a microphone: “So I’d spent, you know, 60% of my net worth on this podcast in the space of 10 minutes. And it made me do it. It was the forcing function and that was the start.”
Harry learned about giving first from David and Brad as well. “I don’t understand how you guys do it. You guys were always responsive, kind, giving of advice,” he said, thanking David for his support as he was just starting out. “It’s just incredible and blows my mind that with everything that you have going, you’ve have the ability to carve out the mental discipline and the rigor to really engage and Give First.
David immediately returned the compliment: “When I follow the pattern of your show and talk to people that know you, almost everyone said that that’s who you are and they don’t understand how you do that. So however you do it, maybe it’s how we do it. And maybe it’s just a mindset, right?”
Give First truly is a mindset.
Listen for Harry’s take on…
The kinds of companies Harry likes best to work with:
“I love working with two to 10 people, forming teams, early product.”
“The best companies fundamentally own their lines of distribution.”
“I’ve sometimes found that the best VC is or less motivated by [money] and more motivated by just helping.”
“Money is fantastic in many ways. But it’s the outcome of the work that I do.”
How Harry maintains the human relationships in his network as it grows:
“Get off email. … A lot of what I’ve done actually is moved a lot of the relationships that were more professional relationships and transitioned them into friendships, through moving platforms: from going to Instagram, to going to WhatsApp, Snapchat, whatever that platform may be. But you just get so much more depth in the relationship through the less formal rigid platform.”
“In terms of the expanded network and how you deal with it, you’ve got to commit to it. If you’re going to pursue this strategy—it’s not a nice word to say, ‘strategy’—but if you’re going to see this as the way that you want to work, which is how I want to work, people-centric, human-centric, and personality based, then that is part of your workflow. You spend less time on email, you spend less time doing other things and you have to commit yourself to it. Is it easy? No, it’s insanely hard. I spend 45 minutes every night DMing every new single follow on Twitter, thanking them for following me. I’ll mention something about the city that they’re in, whether it’s I’ve been to it, I’d love to go to it, I’d love to run through it. I hear they’ve got great mojitos, monuments, whatever that may be. And build a relationship with them. The community is incredible.”
Companies, people, and resources mentioned in this podcast:
- The Twenty Minute VC
- “Anna Karenina” by Leo Tostoy
- “Bad Blood” by John Carreyrou
- Carmen Alfonso Rico
- Fred Destin on Twenty Minute VC
- Kent Goldman on Twenty Minute VC
- Bill Gurley on Twenty Minute VC
- John Henderson
- Josh Kopelman on Twenty Minute VC
- Mattias Ljungman
- “Madame Bovary” by Gustave Flaubert
- PillPack on Twenty Minute VC
- Skien, Norway
- “The Social Network”
- “Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts” by Annie Duke
- “Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist” by Brad Feld and Jason Mendelson
- Henry Ward on Twenty Minute VC
- Wired article on Harry Stebbings from Dec 2016
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