Alice Bentinck

So I think sometimes people shy away from the US because it is seen as,

too competitive, but actually the reason to go is for the competition.

The competition will make you better.

It will help you refine your idea.

So I think, you know, ideas are ten a penny.

What really matters is execution.

Not quite the terminology we use, but yes, yeah, we do.

But it's really, really hard.

As an investor, you are looking for the contrarian ideas, right?

You're looking for the non-obvious ideas.

And so you do have to be really open-minded to what a good idea looks like.

That's a non-obvious idea.

I mean, we've invested in some, you know, we've done a lot of deep tech investing and we don't always get it right.

You know, in 2018, we put a bunch of money into quantum computing.

It was just too early for quantum computing startups at that stage and particularly for our model.

But the nice thing about our model is that because we're, you know, investing small amounts of money, we want to try and invest in anything that sounds sort of even vaguely interesting.

But again, the bit that we go back to is if we believe in the founder, we will take a risk on the idea, even if we don't love it.

You know, I was recently proved wrong by a founder that was building an ed tech.

And like ed tech is not a space that is one that I love.

You know, it is a really, really hard space to build a business