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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20 VC 044: Dominating AngelList Syndicates with Doug Scott

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 11 June 2015

⏱️ 27 minutes

🧾️ Download transcript

Summary

Doug Scott has one of the largest AngelList syndicates, now with an incredible £396,000 in his. Doug is one of first investors in TechstarsIgnite.io and Entrepreneurs First in Europe ( still an investor in all 3 ). Prior to angel investing Doug founded several internet companies based in the UK, carrentals.co.uk - over 1 million rentals, discountvouchers.co.uk - 6 million subscribers, timetobreak.com - over 5 milion page views per day. 

In today's discussion Harry and delves into what Doug really expects from founders, how Doug would like to be pitched by prospective startups, is AngelList challenging the VC model, what investors and startups can expect from Doug's syndicate, his biggest tip to an aspiring entrepreneur and much more...

Items Mentioned in Today's Show:

Doug's AngelList SyndicateGil Dibner's AngelList SyndicateTim Jackson AngelList Syndicate

Oxygen AcceleratorJon BradfordSpringboard

CashkaroMealsLifeboxChew

You can follow HarryThe Twenty Minute VC and Doug on Twitter here!

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the 20 minute VC with your host, Harry Stebbings, and I'm so happy to welcome to today's show, Doug Scott.

0:07.7

Doug founded numerous internet companies which have achieved millions of unique visitors per day,

0:13.0

before moving into the investing world, where he has made investments in the likes of tech stars, entrepreneurs first, and Ignite I.O. If that wasn't enough,

0:22.9

Doug has one of the largest angelist syndicates in Europe, with over £350,000 backing him now.

0:30.7

I'd like to say a huge personal thank you to Doug. We had the most amazing two-hour conversation

0:35.4

prior to recording, and I'd also love to thank Gil Dibnett, who introduced me to Doug.

0:40.4

And he, similar to Doug, has one of the largest angelist syndicates.

0:44.2

Both of the links can be found in the show notes on www.

0:47.4

the 20-minutevc.com.

0:50.3

It's also important to say that hiring screens, Jackie Jackie has been with me for a full week now

0:55.5

and hiring screen, she is everything I could have asked for and more.

1:00.2

Truly the most effective and fast recruitment platform I have ever used.

1:04.4

Thank you so much. I'm so grateful.

1:06.5

But without further ado, here is the legendary, the incredible, the Doug Scott.

1:16.4

You have now arrived at your destination.

1:20.4

Doug, thank you so much coming on the show. I'm so excited to have you here.

1:24.3

Thanks for having this, hurry.

1:25.8

Now, let's start by hearing a little about yourself

1:28.2

and growing up in Newcastle and how you made your move into technology first and then Angel.

1:34.1

Okay, I grew up in Newcastle. I had a reasonably normal upbringing, not particularly affluent, but

1:42.8

nice.

1:48.7

I spent a chunk of time messing about, condensing it all.

...

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