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Hussein Kanji

👤 Person
702 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

Companies, they don't have a linear path from zero to success. It looks like that. You stretch out the curve and you miss all the volatility. It's like your glucose monitor. You see ups and downs on your glucose monitor, and then you see the trend line. And the trend line, when you eat, starts going up. But you do see ups and downs. You forget about the ups and downs with history.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

Companies, they don't have a linear path from zero to success. It looks like that. You stretch out the curve and you miss all the volatility. It's like your glucose monitor. You see ups and downs on your glucose monitor, and then you see the trend line. And the trend line, when you eat, starts going up. But you do see ups and downs. You forget about the ups and downs with history.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

Companies, they don't have a linear path from zero to success. It looks like that. You stretch out the curve and you miss all the volatility. It's like your glucose monitor. You see ups and downs on your glucose monitor, and then you see the trend line. And the trend line, when you eat, starts going up. But you do see ups and downs. You forget about the ups and downs with history.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

But it's in the ups and downs where you actually need someone around to have the call. And maybe not on the ups, but definitely on the downs.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

But it's in the ups and downs where you actually need someone around to have the call. And maybe not on the ups, but definitely on the downs.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

But it's in the ups and downs where you actually need someone around to have the call. And maybe not on the ups, but definitely on the downs.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I'm kind of in the same camp. There's no upside from like arguing with people. I mean, argue with your founders who are like in your, they're in your family, right? You're an investor, you're along. But like, there's the outside world.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I'm kind of in the same camp. There's no upside from like arguing with people. I mean, argue with your founders who are like in your, they're in your family, right? You're an investor, you're along. But like, there's the outside world.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I'm kind of in the same camp. There's no upside from like arguing with people. I mean, argue with your founders who are like in your, they're in your family, right? You're an investor, you're along. But like, there's the outside world.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

And by the way, one of my founders says like, your single biggest flaw right now is you just have an overactive, and one of our LPs says the same thing, overactive twitterx.com. Like, why are you even on this thing? Do you give a shit what people think, dude?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

And by the way, one of my founders says like, your single biggest flaw right now is you just have an overactive, and one of our LPs says the same thing, overactive twitterx.com. Like, why are you even on this thing? Do you give a shit what people think, dude?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

And by the way, one of my founders says like, your single biggest flaw right now is you just have an overactive, and one of our LPs says the same thing, overactive twitterx.com. Like, why are you even on this thing? Do you give a shit what people think, dude?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I got blocked from buying frying pans. What did you do? I bought a frying pan two holidays ago from my wife and it never turned up. And I complained and then eventually turned up. And apparently the response, because I complained, has been to blacklist me. I'm not allowed to ever buy a frying pan from this company again.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I got blocked from buying frying pans. What did you do? I bought a frying pan two holidays ago from my wife and it never turned up. And I complained and then eventually turned up. And apparently the response, because I complained, has been to blacklist me. I'm not allowed to ever buy a frying pan from this company again.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I got blocked from buying frying pans. What did you do? I bought a frying pan two holidays ago from my wife and it never turned up. And I complained and then eventually turned up. And apparently the response, because I complained, has been to blacklist me. I'm not allowed to ever buy a frying pan from this company again.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I mean, I think who wants to work with people who are too controversial or too unpopular? I mean, you want, like, especially when things are going up, right? You want people who are going to be cheerleading as much as possible.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I mean, I think who wants to work with people who are too controversial or too unpopular? I mean, you want, like, especially when things are going up, right? You want people who are going to be cheerleading as much as possible.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

I mean, I think who wants to work with people who are too controversial or too unpopular? I mean, you want, like, especially when things are going up, right? You want people who are going to be cheerleading as much as possible.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

So, it's going to be great. It's better, but marginally better. It was 28 months. So, we went on the fundraise. We finished up fund one. It was a 2013 fund, somewhere around 17, 18. We went back out into the market to go raise. And you're going from 27 to 89? We were trying to get to 100. We thought 100 was the right number for a seed fund back then.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

So, it's going to be great. It's better, but marginally better. It was 28 months. So, we went on the fundraise. We finished up fund one. It was a 2013 fund, somewhere around 17, 18. We went back out into the market to go raise. And you're going from 27 to 89? We were trying to get to 100. We thought 100 was the right number for a seed fund back then.