YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are thrilled to have Andreas Munk Holm of eu.vc, since we've shared so many common traits and stories.

Andreas, together with David Cruz e Silva, shaped eu.vc to be Europe's headline VC community, where 2 VCs are invited on the show every week. After chatting with 1,000+ VCs, they are also angel LPs of 10+ VC funds.

Highlights:

Do you agree with ‘there are two types of people who want to enter the VC industry, either very smart and capable, or super naive’?

Yes and no. Let me tell you about how I think about venture (from the perspective of people raising funds, because that’s what I care about as an LP)
Story about my own journey in venture + realizing how much of a networked industry it is and there being “the in-crowd” and those outside of it. And how this impacts the industry as a whole.
Conclusion: There’s clearly an A and B team in venture. So I guess that statement goes even for people IN venture. Just look at the performance dispersion in venture. Even at the fund level, there’s a power law.

What are some commonalities of promising European emerging VC funds?

More solo-GPs, some very strong
More specialized firms, obv in deep tech, climate, and some in diversity
Starting to see more later stage firms, which is great for Europe.
Eastern Europe is incredibly interesting, great tech talent, starting to have breakout companies that feed great angels and founders back into the ecosystem, Romania being the posterboy for this with UI Path.

Where do you see eu.vc in five years?

We do everything with an eye to becoming the most well-respected VC centric platform for European venture. Be that in the form of podcasts, educational courses, dinners, survival trips or fund investments.

Chapters:

00:45 On 2 types of VCs: either extremely smart & capable, or naive?
07:15 On the game of VC
08:15 Andreas' path to VC
15:08 Why VC and LP only?
21:48 Flywheel effect of running EUVC
27:57 EUVC in 5 years
35:55 The right GP and the European trends

Links:

Talk to YUVC： https://open.firstory.me/user/clu0vzxex0qat01vncefi0w1s/comments

YUVC#10 - Andreas Munk Holm@eu.vc: Angel LP of 10+ European VCs, 300+ Podcasts with Senior GPs and LPs

Why You Venture Capital (YUVC)