Podcaster Harry Stebbings Raises $400mn for Start-up Fund

• British podcaster Harry Stebbings has raised a $400mn fund for early-stage start-ups through his venture firm, 20VC.
• The fund's backers include MIT, Thrive Capital's Josh Kushner, and numerous tech founders and investors.
• The fundraising was boosted by the popularity of Stebbings' tech podcast, The Twenty Minute VC.
• The new fund places 20VC among top European tech investors, challenging more established firms.
• Despite a slow pace of dealmaking among private tech companies, capital continues to flow into tech funds.

Source: Financial Times