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

FF 014: Making Great Founders, Idea Creation and The First 100 Days Of A Startup with Alice Bentinck, Co-Founder @ Entrepreneur First

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

🗓️ 25 September 2015

⏱️ 21 minutes

🧾️ Download transcript

Summary

Alice Bentinck is Co-Founder at Entrepreneurs First, the accelerator program that puts founders first! Previously, Alice worked at prestigious consultancy firm McKinsey & Co, before turning down an offer from Google to found Entrepreneur First alongside Matt. She taught herself to code, and founded Code First Girls in 2013 to help more women get into tech. She sits on the board of Sherry Coutu's Founders4Schools, is on Imperial College London's Department of Computing Industrial Liaison Board, and acted as the Prime Minister's expert on startups at the Northern Future Forum. She has been recognised in Management Today’s 35 under 35 and the Evening Standard’s Top 1000 most influential Londoners.

In Today's Episode You Will Learn:

1.) How Alice came up with the idea for EF and why she decided to found the company?

2.) What would Alice recommend is the best way to build a company from scratch? EF is for technical individuals, what can non technical individuals do?

3.) What would Alice say makes a great founder? Has she seen any commonalities in the great founders that have exited EF?

4.) What is Alice's opinion on equity divisions within startups? What is the right way to approach the topic?

5.) What should teams focus on in the first 100 days of their startup? What is the 20% that produces 80% of the results?

6.) What has been the hardest aspect of growing the business and how did Alice overcome it?

 

As always you can follow HarryThe Twenty Minute VC and Alice on Twitter here!

If you would like to see a more colourful side to Harry and many a mojito session, you can follow him on Instagram here!

 

Transcript

Click on a timestamp to play from that location

0:00.0

You are listening to you the 20-minute VC with your host, Terry Stebbings, and as it's Friday, that can only mean one thing.

0:06.6

It's Founders Friday.

0:07.9

And today, we bring you one of the most exciting young founders in the UK.

0:12.0

It is, of course, the brilliant Alice Bentink, co-founded at Entrepreneurs First, the Accelerator programme that puts founders first.

0:20.3

Previously, Alice worked at prestigious consultancy firm McKinsey & Co.

0:24.6

Before turning down an offer from Google to found entrepreneur first alongside her co-founder, Matt.

0:29.6

She taught herself to code and founded Code First, girls in 2013, to help more women get into tech.

0:36.9

She also sits on the board of Sherry Kutu's

0:39.2

founders for schools, is on Imperial College London's Department of Computing Industrial Liaison

0:44.6

board and acted as the Prime Minister's expert on startups at the Northern Future Forum.

0:50.2

She's been recognised in management stays 35 under 35, and the evening standards top of

0:55.1

thousand most influential Londoners.

0:57.3

And just a little side note on today's episode, if you will excuse the background noise,

1:01.4

Alice very, very kindly took time out of, can you believe it, a demo day to record the show.

1:06.5

So please bear with us.

1:08.1

But before we jump into today's show show and with it being Founders Friday,

1:11.7

I'd like to talk to you about founder disputes and breakups. They happen to us all and when they do,

1:18.0

you want the best legal representation behind you. And that's where Vidal law come into play.

1:23.3

Assess the situation examining everything from vesting stock to correct payment of payroll.

1:28.9

With decades of a startup experience, they will ensure you achieve a fair outcome in the most amicable way possible.

1:34.9

So give Chris a ring on 312-895-493 or check them out at www.vidarlaw.com.

1:49.1

You have now arrived at your destination.

...

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