Ep191 – Stew Glynn (Co-founder & Managing Partner – TEN13 VC) on lessons from investing $100M

The Startup Playbook PodcastInsights and lessons from the world's best entrepreneurs and investors Twitter Facebook YouTube Instagram Ep191 – Stew Glynn (Co-founder & Managing Partner – TEN13 VC) on lessons from investing $100M July 11, 2024 rohitbhargava Podcast My guest for Ep191 of The Startup Playbook Podcast was Stew Glynn. Stew started his investing career after joining Shark Tank’s Steve Baxter in building out his family office, Transition Level Investments. In 2019, they then launched TEN13 VC, where Stew is a Co-founder & Managing Partner. TEN13 is a global deal by deal venture capital firm that has invested $100M across 80 portfolio companies. They have built up an incredible portfolio of companies including the likes of Linktree, Go1, Clipchamp and me&u (formerly known as Mr. Yum). In this episode we covered a wide range of topics including How his childhood experiences in Zimbabwe shaped his view towards risk and business The pros and cons of the deal by deal investing model TEN13’s approach to network based investing Lessons from investing $100M across 80 companies & much more Timestamps 2:05 Stew’s background 15:11 How growing up in Zimbabwe shaped his views on innovation and investing 19:34 Advice to founders on overcoming challenging times 30:07 Staying in the game long enough to find product market fit 35:47 Meeting and working with Steve Baxter, the origins of TEN13 40:37 The decision to make TEN13 a community based, deal by deal investing structure compared to a traditional venture fund 48:23 Benefits and challenges of the deal by deal structure for founders and investors 53:41 Investing in Australian vs international startups 58:32 How TEN13 supports their portfolio companies 1:03:43 How Stew supported the Mr Yum team on their merger with me&u 1:08:23 The sectors Stew is currently excited to invest in Our partners A big thank you to Holly Cardew, Brendan Hill and An Vo for their help with this interview! Also a big shout out to our partners for the show: Scendar  Scendar is the OG startup accounting firm in Australia catering to all stages of your business’ life. If you’re busy running your startup, you don’t have time to do your own books and forecast. Instead, fully outsource your finance function, giving you time and resources back to focus on what you do best in growing your business. Find out more at Scendar.com Vanta Vanta helps businesses get — and stay — compliant by automating up to 90% of the work for the most in-demand compliance frameworks. And with over 300 integrations, you can easily monitor and secure the tools your business relies on.Join over six thousand fast-growing companies that use Vanta to manage risk and prove security in real time.Startup Playbook Podcast listeners get access to an exclusive offer of USD$1000 off their plans. Head over to vanta.com/playbook to get access to this exclusive discount. Links mentioned Stew’s links: Stew’s LinkedIn Stew’s Twitter/X TEN13 People mentioned: Steve Baxter Alex Zatarain Adir Shiffman Phil Knight – Shoe Dog Alexander Dreiling Holly Cardew Liam Millward Brendan Hill An Vo Kim Teo Adrian Osman Bevan Slattery Companies mentioned: Transition Level Investments KPMG General Electric Eight Sleep Nike Clipchamp Carted Instant SAP Tola Capital Microsoft Spotify Go1 Y Combinator Atlassian Canva River City Labs PIPE Networks TPG Car Next Door / Uber Carshare DoseMe Playbook Ventures Rockfish Data Mr Yum / me&u Airtree Everlab Feedback/connect/say hello: [email protected]@RohitBhargava7 (Twitter)/rohbhargava (LinkedIn)@rohit_bhargava (Instagram)My Youtube Channel Credits: Music: Paycheck Other channels: Find all of the links for the podcast on Linktree here https://traffic.libsyn.com/secure/startupplaybook/Ep191_-_Stew_Glynn.mp3Podcast: Play in new window | Download | EmbedSubscribe: RSS admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. 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