20VC with Harry Stebbings
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How Monzo Uses AI to Prototype
20VC with Harry Stebbings· 2025-07-26 05:00
Prototyping Tools & Workflow - The industry is exploring prototyping tools like Laval or Revlit, with varying code output quality [1] - The goal is to find a prototyping tool that generates code closely matching the team's internal standards [2] - This reduces reverse engineering efforts when designers hand off prototypes to engineers [2] Time & Cost Efficiency - A design change, such as the agent page on Property Finder, can be implemented in approximately one to two weeks using suitable prototyping tools [2] - The industry aims to lower the barrier to user testing, making it easier and cheaper to validate ideas [3] - Prototyping tools can help teams quickly put meaningful concepts in front of users to gather feedback [2]
Monzo’s One Cent Campaign
20VC with Harry Stebbings· 2025-07-25 14:01
Campaign Performance - The company implemented a "1 cent campaign" with incrementally increasing daily savings, reaching $6 at year-end, designed as an automated savings method [1] - Initial expectations for the campaign's success were moderate, but the actual results significantly exceeded predictions [1] - The campaign's success was attributed to its appeal to users' sense of self-benefit [2] Behavioral Economics - The campaign effectively created a positive habit, similar to going to the gym, by overcoming user inertia in saving [3] - The combination of promoting a beneficial action and reducing the effort required for users had a substantial impact [3] - The emotional component of the campaign played a crucial role in its success, surpassing the impact predicted by numbers alone [4]
Anthropic vs. OpenAI…
20VC with Harry Stebbings· 2025-07-25 05:00
Investment Recommendation - Anthropic 的投资价值优于 OpenAI,前者估值 100,后者估值 300 [1] - Anthropic 具有短期动能优势 [1] - Anthropic 的股权结构清晰,不存在非营利性问题 [1] Business Model & Pricing Power - Anthropic 的商业模式运作良好 [1] - Anthropic 开始展现定价权 [1] - 定价权对于大规模无盈利模型实现收敛至关重要 [1] Deal Assessment - 该交易非常紧凑,值得大力支持 [2]
Anti-Portfolio Regret
20VC with Harry Stebbings· 2025-07-24 14:01
#20VC with Scale GP Rory O’Driscoll & SaaStr Founder Jason Lemkin. Link in bio. — #HarryStebbings #Business #shorts ...
Buena’s Crazy Turnaround!
20VC with Harry Stebbings· 2025-07-23 17:00
This company burned $14 million and were just weeks away from going bankrupt. Today they have $25 million in revenue and just announced a $58 million series A. This is a wild story.Meet Dean, product designer, not even CEO. But the business was not working. 14 million gone and no product market fit until one thing changed.A business model pivoted. Dean becomes CEO, changes that business model to focus on using AI to transform traditional businesses. The trouble, no investors gave a liked it at all, and he w ...
The Problem with Silicon Valley
20VC with Harry Stebbings· 2025-07-23 14:01
Silicon Valley Culture - The primary motivation for many in Silicon Valley is status, focusing on fundraising rather than building meaningful products [1] - Companies often prioritize raising capital, such as $10 million, for public image rather than solving real problems [2][5] - Some individuals, even those with stable incomes, seek funding without a clear problem to solve, driven by boredom and a desire for something new [2][3] - The pursuit of funding can lead to superficial efforts, such as building MVPs solely to meet YC application requirements [4] - Companies may constantly pivot ideas to attract venture capital (VC) interest [4] - Networking and attending VC events are prioritized to secure funding [5]
Why Grok 4 Is Overrated
20VC with Harry Stebbings· 2025-07-23 05:00
So if you watch the Gro for launch, the Gro for live stream, I think you would even have heard Elon himself saying like, "Yeah, these models are they're really good at homework problems. They're really good at these academic, very narrowly scoped problems, but they're not good at problems in the real world." It's basically the equivalent of making them really good on SAT problems, but not making them good at problems that people are actually facing. ...
How I Founder a $1BN+ Revenue Company
20VC with Harry Stebbings· 2025-07-22 14:01
Can you take me to the founding moment for you. Like a billion in revenue and you started in 2020. So I've always been a really big fan of MVPs and so I literally just built myself or V1 in a couple weeks.I think the really nice thing was so again I had worked in the space for a really long time. So I already had a very clear vision of what I wanted to build. So, as opposed to feeling like I needed to go out and hire 10 engineers in order to build a product, instead of feeling like I needed to go out and fr ...
Why More Humans ≠ Better Data Quality
20VC with Harry Stebbings· 2025-07-21 17:00
For example, I went to MIT, but yeah, I think half of the people who graduate with a CS degree, they they can't even code. And second, if you actually take the folks from MIT who can code, they're actually just going to try to cheat you. They're going to sell their accounts to somebody in a third world country.They're going to try to use LMS to generate the data for you. They're going to come up with all these crazy methods to cheat a system. So, it's also this really really challenging problem to detect lo ...
“I Wouldn’t Sell For $100BN”
20VC with Harry Stebbings· 2025-07-21 14:01
Company Strategy & Vision - The company emphasizes quality as its top priority, surpassing all other considerations [1] - The company aims for significant growth, targeting a valuation of $30 billion to $100 billion [1] - The company is profitable and has complete control over its future direction [2] - The company possesses all the necessary resources to pursue its objectives [2] Competitive Landscape - The company distinguishes itself from competitors, viewing many as "body shops" or disguised as technology companies [1]