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

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Hussein Kanji 0:00
there is a correlation between how much money goes in to a company and what the probability of success is the average is about like 300 million to get to unicorn status your best path to scale from a financing perspective is america the rounds are bigger do not do a fundraise for a size of the fund do a fundraise for time of the fund give yourself 90 days whatever you get go start investing
Harry Stebbings 0:23
This is 20VC with me, Harry Stebbings. Now, today's show is a venture nerd's dream. I love this guest because, well, he's willing to be unpopular, he's very opinionated, and he's a very good picker of both companies and founders. I have a lot of respect for his investment style. And so with that, I'm thrilled to welcome Hussein Kanji. Found and managing partner of Hoxton Ventures, one of Europe's leading early stage seed firms with mega wins in the form of Darktrace and Deliveroo. Hussein cut his teeth in venture at Accel Partners in his early years. And as I said, this was a really deep and granular discussion on so many of the incredible intricacies of the venture business. But before we dive in today, it can be difficult to build a team that's aligned on everything from values to workflow. But that's exactly what Coda was made to do. Coda is an all-in-one collaborative workspace that started as a napkin sketch. Now, just five years since launching in beta, Coda has helped 50,000 teams all over the world get on the same page.
Harry Stebbings 1:25
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Harry Stebbings 2:17
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Harry Stebbings 3:04
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Harry Stebbings 3:45
Get $1,000 off your first year by visiting vanta.com forward slash 20VC. That's V-A-N-T-A dot com forward slash 20VC. You have now arrived at your destination. Hussain, dude, we did this nine years ago. It was a webcam on Skype, which is aging both of us. Thank you so much for joining me today.

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