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VC | E491 | Patric Hellermann & Andreas on the famed “VC edge” aka differentiation

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Manage episode 488306115 series 2968392
Content provided by The European VC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The European VC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
In this special episode, we welcome back Patric Hellermann to dive deep into the concept of edge in venture capital. This isn't your average discussion on differentiation—it's a methodical breakdown of what creates enduring alpha for fund managers, grounded in Patric’s experience building Foundamental, a B2B-focused early-stage VC.
This episode is for anyone asking: How do I build an edge that scales? You’ll leave with answers rooted in practice, not theory.
Here’s what’s covered:
  • 02:30 What Makes an Edge? Why Most VCs and LPs Struggle to Answer
  • 06:15 The 4 Steps of VC Value Creation: Sourcing, Picking, Winning, Managing
  • 12:45 What Founders Want: How to Make Yourself the First Call
  • 17:10 DPI Over Hype: Why Patrick Optimizes for Liquidity, Not Likes
  • 21:20 Empathy, Proximity & Pattern Recognition: What Most European Funds Get Wrong
  • 28:35 Pan-European Funds & the Pitfalls of “Routine-Free” Investing
  • 34:40 Why Distribution Beats Product: Lessons from Category Leaders
  • 41:25 Fund Design That Scales: GPs with Domain Depth Over Generalism
  • 53:30 Prioritization as a Superpower: How to Build With Focus
  • 1:00:45 National vs Global Champions: How LPs Think About Risk and Follow-On Capital
  continue reading

497 episodes

Artwork
iconShare
 
Manage episode 488306115 series 2968392
Content provided by The European VC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The European VC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
In this special episode, we welcome back Patric Hellermann to dive deep into the concept of edge in venture capital. This isn't your average discussion on differentiation—it's a methodical breakdown of what creates enduring alpha for fund managers, grounded in Patric’s experience building Foundamental, a B2B-focused early-stage VC.
This episode is for anyone asking: How do I build an edge that scales? You’ll leave with answers rooted in practice, not theory.
Here’s what’s covered:
  • 02:30 What Makes an Edge? Why Most VCs and LPs Struggle to Answer
  • 06:15 The 4 Steps of VC Value Creation: Sourcing, Picking, Winning, Managing
  • 12:45 What Founders Want: How to Make Yourself the First Call
  • 17:10 DPI Over Hype: Why Patrick Optimizes for Liquidity, Not Likes
  • 21:20 Empathy, Proximity & Pattern Recognition: What Most European Funds Get Wrong
  • 28:35 Pan-European Funds & the Pitfalls of “Routine-Free” Investing
  • 34:40 Why Distribution Beats Product: Lessons from Category Leaders
  • 41:25 Fund Design That Scales: GPs with Domain Depth Over Generalism
  • 53:30 Prioritization as a Superpower: How to Build With Focus
  • 1:00:45 National vs Global Champions: How LPs Think About Risk and Follow-On Capital
  continue reading

497 episodes

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