Harry Stebbings is one of the most prominent figures in the modern venture capital ecosystem. He famously turned a podcast he started in his bedroom as a teenager into a media empire and, subsequently, a multi-hundred-million-dollar venture fund. His journey is a masterclass in content-driven networking, personal branding, and leveraging a platform to break into a traditionally closed-off industry.
His learnings, distilled from interviewing over 3,000 of the world's leading investors and founders, offer a unique and brutally honest perspective on the inner workings of startups and venture capital.
On Podcasting, Content & Building a Brand
- "Your content is your resume in the new economy." He proved that a podcast could be more powerful than a traditional CV for building a career in venture. (Source: A core theme of his personal story)
- "Just press record." His advice to aspiring creators is to stop overthinking and start doing. The barrier to entry for content creation is lower than ever.
- "Consistency is the single most important thing in content." For years, he released multiple shows per week without fail, building a reliable and loyal audience.
- "The podcast was a Trojan horse." He used the podcast as a legitimate reason to get 20 minutes on the phone with the most powerful people in his industry—an invaluable networking tool. (Source: Forbes)
- "Preparation is the ultimate sign of respect for your guest." He is known for his meticulous research, which allows him to ask insightful questions and build instant rapport.
- "Don't be afraid to ask the 'dumb' questions." Often, the most basic questions are the ones the entire audience is thinking but is too afraid to ask.
- "Your personal brand is your most defensible asset." In a commoditized world, a strong, trusted brand is the ultimate differentiator.
- "Monetize the relationship, not the transaction." He built a massive network and community for years before ever raising a fund, focusing on long-term relationships over short-term gain.
- "Find your niche and own it." The Twenty Minute VC was successful because it was hyper-focused on a specific format (20 minutes) and a specific audience (venture capital and startups).
- "Your audience is your distribution channel." By building a loyal following, he created a powerful platform to announce his fund and attract both founders and LPs.
On Networking & Relationship Building
- "The worst anyone can say is no." This was his mindset when cold-emailing the biggest names in venture capital to be on his show in the early days.
- "Add value before you ask for it." His initial 'ask' was to feature someone on his growing platform, which was a form of value (exposure, personal branding) before he ever asked for anything in return.
- "Speed of response is a signal of respect." He is known for his incredibly fast email response times, showing that he values the other person's time.
- "Find a mentor who will give you brutally honest feedback." He credits much of his success to mentors like SaaStr founder Jason Lemkin, who provided candid, unfiltered advice. (Source: His tribute to Jason Lemkin on Twitter)
- "Your network is your responsibility to maintain." It's not just about meeting people; it's about systematically following up and staying top-of-mind.
- "Be genuinely curious about people." The best networkers are not transactional; they have a deep and authentic interest in other people's stories and experiences.
- "Create serendipity." By consistently putting himself out there through the podcast, he dramatically increased his surface area for lucky encounters and opportunities.
- "Don't be afraid to be the 'dumbest' person in the room." Surround yourself with people who are smarter and more experienced than you.
- "A warm intro is 10x more effective than a cold email." He leveraged every new relationship to get an introduction to the next person.
- "Play long-term games with long-term people." A core principle of both networking and investing is to prioritize relationships with high-integrity people who you can work with for decades.
On Venture Capital & Investing
- "My job starts when the wire hits." He believes a VC's real work is not just writing a check, but providing active, hands-on support to their founders post-investment. (Source: 20VC Fund Website)
- "As a solo GP, my advantage is speed and conviction." The 20VC fund is structured to allow him to make decisions in days, not weeks, and to be a founder's most high-conviction supporter. (Source: TechCrunch)
- "The founder is 90% of the investment decision." He is a firm believer in betting on the jockey, not just the horse. The quality of the founder is the single most important factor.
- "Treat your LPs (Limited Partners) like co-founders." He is known for his radical transparency with the investors in his fund, providing them with regular, detailed updates.
- "You have to be willing to look wrong in the short term to be right in the long term." Venture capital is about having a non-consensus view and the conviction to stick with it.
- "The best VCs tell you what you need to hear, not what you want to hear." His value to founders is often in providing direct, unvarnished feedback.
- "Access is not a moat. Value-add is the moat." In a world where capital is abundant, the only way for a VC to differentiate is by the tangible value they provide to their portfolio.
- "I am not a thematic investor. I am an opportunistic investor." He focuses on finding the best founders, regardless of the specific sector they are in.
- "Price discipline is crucial." Even for the best companies, the entry valuation matters. Overpaying can significantly impact fund returns.
- "Venture is a business of outliers." A VC's success is not determined by the average investment, but by the 1-2 massive, fund-returning winners.
Advice for Founders & Startups
- "Fundraising is storytelling." The founders who raise successfully are those who can craft a compelling narrative about the future they are building.
- "The three jobs of a CEO are to set the vision, hire the team, and never run out of money." He frequently repeats this classic startup maxim.
- "Don't surprise your board." The worst thing you can do is show up to a board meeting with unexpected bad news. Communicate openly and frequently.
- "Your first 10 hires define your company's culture." Be incredibly deliberate about who you bring on in the early days, as they will set the tone for everyone who follows.
- "The best founders are 'talent magnets'." They have an innate ability to attract and persuade A-level talent to join their mission.
- "Focus is about saying no." The hardest part of being a founder is deciding what not to do.
- "Know your numbers cold." A founder must have an intimate understanding of their key metrics, from customer acquisition cost to churn.
- "Create a 'board of mentors', not just a board of directors." Surround yourself with a diverse group of advisors who you can call for specific, unfiltered advice.
- "The psychology of a founder is the biggest unseen risk in a startup." Managing the emotional highs and lows is one of the hardest and most important parts of the job.
- "Choose a market that is structurally massive or growing at a non-linear rate." You can have a great product, but if the market is too small, you won't be able to build a venture-scale business.
On Personal Growth & Mindset
- "Embrace your imposter syndrome. It means you're pushing yourself." He has been very open about his own struggles with imposter syndrome, especially when he was starting out.
- "Your youth is your advantage." He used his position as a young outsider to his advantage, bringing a fresh perspective and a relentless hunger that older, more established players lacked.
- "The dots only connect looking backward." His career path from law student to podcaster to VC was not a grand plan; it was a series of opportunistic steps that only made sense in hindsight.
- "Work ethic is the one thing you can control." You might not be the smartest or most experienced person in the room, but you can be the hardest working.
- "Optimize your life for learning." He sees every interview and every meeting as an opportunity to learn from the best in the world.
- "Don't be afraid to reinvent yourself." He has successfully transitioned between multiple careers before the age of 30.
- "The biggest risk is not taking one." His decision to drop out of university to pursue the podcast full-time was a huge risk that ultimately paid off. (Source: His interview with Forbes)
- "Your physical and mental health are your most important assets." He is a strong advocate for founder well-being, recognizing that burnout is a real and present danger.
- "Be brutally honest with yourself." Self-awareness about your own strengths and weaknesses is critical for growth.
- "Success is not a destination; it's a process." He is known for his relentless drive and his focus on the next challenge, not on celebrating past achievements.
