The Family The Family

The Family Directors share their views on entrepreneurship with you 😉  

“In Good Company” is a live discussion, a spontaneous moment to discuss our thoughts on the tech startup world.  

This time we talked about: 


0:55 James Vincent, London-native, 2 decades working day-to-day with Steve Jobs, Brian Chesky and more 
4:47 Storytelling in startups, helping founders find their story 
12:15 Favorite storytellers 
20:03 Utopia vs. dystopia in narratives 
30:03 Creating human connections over Zoom 
40:18 Calls from Steve Jobs at 7:00 am on Sunday 
41:59 How entrepreneurs have changed over the years  

🌎 Feel free to join us every Monday 6pm CEST. 

📹 We’ll be streaming live on YouTube, Facebook and Twitch.   

🔔 To be notified when we’re live, just subscribe to our YouTube Channel 

👆 Our doors are open to daring founders willing to build global tech companies, wherever you’re from! 

Apply for our next batch, starting in September: https://www.thefamily.co/apply  

ABOUT THE FAMILY ✨ 

At The Family, we believe that tech entrepreneurship can build better societies. The Family is a long-term, minority shareholder dedicated to supporting ambitious founders in learning and building their businesses.  In the past 8+ years, we’ve been there for hundreds of startups and thousands of entrepreneurs as they’ve collectively raised over $800M and continued taking their startups to the next level.  Our portfolio includes companies quickly developing into market leaders such as Algolia, Payfit, and many more!

The Family Directors share their views on entrepreneurship with you!  

“In Good Company” is a live discussion, a spontaneous moment to discuss our thoughts on the tech startup world.  
🌎 Feel free to join us every Monday 6pm CET
📹 We’ll be streaming live on YouTube, Facebook and Twitter.



This week we talked about:

00:00 — Intro

03:07 — Unpredictable problems and the importance of adaptability

13:54 — Hiring, reference checks and diversity in your initial team

28:25 — Exits: the impact of how and who you sell your startup to

37:11 — When should you apply at The Family?

44:19 — The new social contract

50:08 — Raising a seed based on an idea and team

52:58 — Book recommendations for building your culture

56:17 — How to meet potential cofounders



ABOUT THE FAMILY ✨
At The Family, we believe that tech entrepreneurship can build better societies. The Family is a long-term, minority shareholder dedicated to supporting ambitious founders in learning and building their businesses.  
In the past 8+ years, we’ve been there for hundreds of startups and thousands of entrepreneurs as they’ve collectively raised over $800M and continued taking their startups to the next level.  Our portfolio includes companies quickly developing into market leaders such as Algolia, Payfit, and many more!

The Family Directors share their views on entrepreneurship with you 😉
“In Good Company” is a live discussion, a spontaneous moment to discuss our thoughts on the tech startup world.  

This time we talked about:
01:17 — The Family’s transition to remote and new acceleration program
15:24 — GDPRFolder, privacy and regulation
36:02 — Boon.today , the first conscious and responsible advertising infrastructure
50:07 — Dark: launching rockets from planes and conquering space
01:02:33 — Unai, the hardware-as-a-service model & public subsidies
01:07:44 — GameStop, Robinhood and the impact it'll have on regulation
01:25:14 — Clubhouse's meteoric growth and Elon Musk  

💬  This was the very 1st (and way too long) test run... and we’d love to get your feedback, opinions & comments!
🌎 Feel free to join us every Monday 5.30pm CEST.

ABOUT THE EPISODE:

Lyle Fong's experience, pragmatism and passion in building things are truly contagious. He shared his insights about one of the key long-term success metrics of a startup: The ability to scale values and culture, going through his whole journey as a founder at Lithium ⚖️

ABOUT THE SPEAKER:

Lyle has an outstanding experience: serial founder & now Partner at EQT. He’s been super active in Silicon Valley since the 1990s and just moved to London to get closer to our European ecosystem.  Gamers.com, Lithium Technologies (almost $200M raised in total, 600 employees, exit), Hobo Labs - these are the great startups that Lyle co-founded.

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Learn more about The Family and apply to join us here: thefamily.co

Check out other videos on our Youtube channel: Startupfood 

Check out our events here: The Family Events

We also write amazing articles: Medium

Anyone asking you to work on a business plan while you’re still searching for a virtuous business model isn’t an investor you want. Who you raise money from is a key question - not every dollar is the same 💵  Good money comes when you can reverse the balance of power. Raising funds is like a mix between playing poker and buying a house. You need to go all in with your own cards. But you can’t keep a poker face in front of the landlord, because it could be a long-term relationship, and that should be based on honesty 🃏

What happens when you live with your co-founder, first employee and your girlfriend for 3 years? You apparently end up with one of the fastest growing companies EVER! 😁 If anyone ever told you that giant companies don’t come out of Europe, well PayFit is on the verge of changing that! Since their launch PayFit grew to 200 employees in just 3 years, moved from 40m2, to 200m2, to 2000m2 offices and raised more than €$100M Million🔥

And if you’ve ever seen somebody in love, thats how VCs look like when you mention serial entrepreneur, and CEO of PayFit, Firmin

Only 26 years old Firmin is tackling one of the fastest and most convoluted industries - HR. According to Forbes the HR market is expected to be worth $30bn by 2025, and at the heart of all the incredible innovation is PayFit. 🚀

If that didn’t pop your eyes out 👀, here is another insane fact: to realise the insanity behind PayFit they invented their own programming language Jetlang. 👾

Harry Stebbings, partner at Stride and founder of The Twenty Minute VC joined us on stage to interview Firmin about his journey. Hope you enjoy it.