🎙️Moving at angel speed without the traditional VC formality: Solo GP Sarah Drinkwater and her new £10 million fund
On this Drive at Five editione speziale the omnipresent community builder/angel investor/and now Solo GP, Sarah Drinkwater sits in to discuss her newly announced fund, Common Magic.
Tune in, turn it up, and start taking notes, because this week we're talking:
- What is a Solo GP fund?
- Angel speed, less structure, more access.
- Nightclub term sheets.
- Traditions to keep, traditions to change.
- Sarah has raised one-third of a targeted £10 million.
- Investing in 30 to 35 startups in Europe and the US at the pre-seed and seed stage.
- "Hey kid, here's a hundred bucks, don't spend it all in one place."
- "Products with community at their core." What does that mean?
- Sarah's first job? You do not want to miss the answer.
- Flexing the Google
- 2014 - 2018 London. Good times.
- SuperVenture: 40 people at a meeting, 38 in ironed white or blue shirts.
- Temperature check: what is the funding landscape like at the minute?
- What are LPs looking for right now?
- Who do you see as people, "who are underestimated and underrepresented in their field"?
- Grit!
- An eye infection, pitching for 50 hours a week, and nobody says yes.
- Pitfalls founders should be aware of when setting out on community building.
- Nick breathes community. But only if they smell good.
- A thesis, an ah-ha moment, and a "but isn't this obvious?"
- Great club nights.
- "I'm always nervous about trends because trends imply impermanence."
- Building community is hard. Community builders are busy.
Creators and Guests
![Dan Taylor](https://img.transistor.fm/pJl6DPb4i5SFBcU9__OE7wtnHblyhj0F9RqNHFSrZwU/rs:fill:400:400:1/q:60/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9wZXJz/b24vZTUyMzZkMjgt/Y2JkMS00MWExLTkw/ZTQtZGYyMzJkNTYx/YjhmLzE2Njc0NTA4/ODktaW1hZ2UuanBn.webp)
Host
Dan Taylor
Managing Editor at Tech.eu | polymath | bass player | singletasker | whisky and whiskey drinker | dan@tech.eu
![Fiona Alston](https://img.transistor.fm/hxqMh9ZU4yWgwWvCTgh8MCMDX31XZgbCYu3m7wK2DGI/rs:fill:400:400:1/q:60/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9wZXJz/b24vNDE2OTZlYjYt/OWI2ZS00ZDUyLWIz/ZTEtZWY5Y2NmODU0/Nzg2LzE2NzkwNjQ3/OTUtaW1hZ2UuanBn.webp)
Host
Fiona Alston
Journalist | News Reporter @tech_eu | fiona@tech.eu | contributor Connected @businessposthq | Opinions my own | Forward, always👌🏻
![Nick Stevens | ❤️ | 🍜 | 🕺 | Wondering what if...](https://img.transistor.fm/YaHX7-M-ozpWNUIq3TVDs6UAgPMPlp8rAweRSClBsQM/rs:fill:400:400:1/q:60/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9wZXJz/b24vODI0NDA0MGUt/ZDkxMy00OWNkLWIx/YzEtN2VkMDllODJl/MzY2LzE2ODMyOTgw/MjctaW1hZ2UuanBn.webp)
Guest
Nick Stevens | ❤️ | 🍜 | 🕺 | Wondering what if...
Making business better - Helping people to build and grow profitable business that makes the world a better place
![🎙️Moving at angel speed without the traditional VC formality: Solo GP Sarah Drinkwater and her new £10 million fund](https://img.transistor.fm/aLECGY65_-IBgFhcPOoa9xD8BIJBkSrHUxRWryYBNV8/rs:fill:800:800:1/q:60/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzEzNzczMzEv/MTY4NjMyMTIwOS1h/cnR3b3JrLmpwZw.webp)