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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

If the path to New York Stock Exchange listing was closed from here and our best companies here couldn't go public, fair. We have a real problem. And if our pensioners couldn't access that, fair.

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

If the path to New York Stock Exchange listing was closed from here and our best companies here couldn't go public, fair. We have a real problem. And if our pensioners couldn't access that, fair.

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

If the path to New York Stock Exchange listing was closed from here and our best companies here couldn't go public, fair. We have a real problem. And if our pensioners couldn't access that, fair.

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

We have to go build those companies, get those companies to 200. We have a company in our portfolio. It's about two years away from IPO. It's appointing bankers right now. 150 million net, 160 million net revenue right now on a run rate basis. We'll easily get to 250 of revenue, which is, I think, where the bar is to be able to go public. New York Stock Exchange.

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

We have to go build those companies, get those companies to 200. We have a company in our portfolio. It's about two years away from IPO. It's appointing bankers right now. 150 million net, 160 million net revenue right now on a run rate basis. We'll easily get to 250 of revenue, which is, I think, where the bar is to be able to go public. New York Stock Exchange.

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

We have to go build those companies, get those companies to 200. We have a company in our portfolio. It's about two years away from IPO. It's appointing bankers right now. 150 million net, 160 million net revenue right now on a run rate basis. We'll easily get to 250 of revenue, which is, I think, where the bar is to be able to go public. New York Stock Exchange.

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

By the way, the first two big tech IPOs and the LSE that was supposed to reinvent, repower the LSE were ours, Deliveroo and Darktrace.

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

By the way, the first two big tech IPOs and the LSE that was supposed to reinvent, repower the LSE were ours, Deliveroo and Darktrace.

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

By the way, the first two big tech IPOs and the LSE that was supposed to reinvent, repower the LSE were ours, Deliveroo and Darktrace.

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

Deliveroo's LSE, Darktrace was LSE. And then right after that, Tabit went public with Wise on the LSE, and I tried to talk him out of it. I said, go in America. Would Deliveroo be performing differently if it was in America? I'm not so sure about that one. I think Darktrace definitely would. How so? I think it was trading a huge multiple discount.

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

Deliveroo's LSE, Darktrace was LSE. And then right after that, Tabit went public with Wise on the LSE, and I tried to talk him out of it. I said, go in America. Would Deliveroo be performing differently if it was in America? I'm not so sure about that one. I think Darktrace definitely would. How so? I think it was trading a huge multiple discount.

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

Deliveroo's LSE, Darktrace was LSE. And then right after that, Tabit went public with Wise on the LSE, and I tried to talk him out of it. I said, go in America. Would Deliveroo be performing differently if it was in America? I'm not so sure about that one. I think Darktrace definitely would. How so? I think it was trading a huge multiple discount.

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

$732 million of revenue, like I said, trailing, trailing, got privatized to $5 billion. And that was a premium. I forget what the number was, 20% to 37% premium over the stock price on the day of the acquisition or the announcement of the acquisition.

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

$732 million of revenue, like I said, trailing, trailing, got privatized to $5 billion. And that was a premium. I forget what the number was, 20% to 37% premium over the stock price on the day of the acquisition or the announcement of the acquisition.

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

$732 million of revenue, like I said, trailing, trailing, got privatized to $5 billion. And that was a premium. I forget what the number was, 20% to 37% premium over the stock price on the day of the acquisition or the announcement of the acquisition.

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

Why? Why? It's like the same thing. It's like people want to solve Europe Inc. They want to make it really easy to incorporate a company in Europe. Like why? Incorporate in Delaware, the UK, like problem solved.

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

Why? Why? It's like the same thing. It's like people want to solve Europe Inc. They want to make it really easy to incorporate a company in Europe. Like why? Incorporate in Delaware, the UK, like problem solved.

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

Why? Why? It's like the same thing. It's like people want to solve Europe Inc. They want to make it really easy to incorporate a company in Europe. Like why? Incorporate in Delaware, the UK, like problem solved.

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

It removes the borders and it makes, but I think. Anything that makes it easier, I'm supportive of. If the LSE is able to transform itself and become a viable exchange, great, another path of liquidity. But as a policymaker, if that's the problem that you're focusing on, I'd much rather have the how do we make sure our companies get capitalized the right way and can become the top 1%.

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

It removes the borders and it makes, but I think. Anything that makes it easier, I'm supportive of. If the LSE is able to transform itself and become a viable exchange, great, another path of liquidity. But as a policymaker, if that's the problem that you're focusing on, I'd much rather have the how do we make sure our companies get capitalized the right way and can become the top 1%.