Author Archives: freddestin

Fred Destin

VC Signalling Risk in Seed Rounds

 CB Insights  just published an interesting post about signalling risk i.e. the startup survival risk generated by getting a Tier I VC into the seed round who does not follow their money into the Series A. The data suggests getting no …

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Fred Destin

Pillpack: Adding $50M in funding to bring redesigned pharmacy to all

There are some people in the world that it is simply a joy to work with, and when good things happened to them you can only feel joy.  TJ Parker and Elliott Cohen are two such people and I’m delighted …

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Fred Destin

Developing London tech clusters beyond Shoreditch: Croydon ?

 Here in London we’re all very proud of the progress made over the last few years.  Having come back from 4 years in Boston, I have been surprised by the level of maturity that we have achieved and how far …

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Fred Destin

Cytokinesis at Atlas Venture: bio and tech take off

Atlas Venture announced at his latest annual meeting that the biotech and tech groups were going their own way.  Since I did spend ten years there, let me give you my view on it. Aligned, yet different The two groups …

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Fred Destin

Zoopla at seven – how focus and speed drive exceptional outcomes

 I first invested in Zoopla in July 2007.  At the time, a mere £500,000 to get the company going and back Simon Kain and Alex Chesterman in improving the real estate experience. Last week, almost exactly 7 years after this …

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Fred Destin

The Boston Surprise

 Now that I am leaving Boston I can talk about its startup ecosystem in all candor.   When I came over 4 years ago, it was essentially as an act of belief in my partner Jeff and in myself. To …

Fred Destin

Why Series B is usually the hardest

 Tom Tunguz and Danielle Morrill both came out with data suggesting Series B are hard.  Tom calls it the “hardest round to raise”, based on his numbers.  Let me try to address why that is.   Let’s assume we’re in …

Fred Destin

Pro-rata rights: the good, the bad and the ugly

 Fred Wilson posted an article to explain the concept and value of pro-rata rights, with his usual elegance in making the concept clear. Pro-rata rights are incredibly valuable for a simple reason: most startup companies fail, but pro-rata rights are …

Fred Destin

How we can thrive in a world of Chaos

Late last year I gave a TEDx talk about “thriving in a world of chaos”, looking at how we can deal with a level of unpredictability and a speed of change we were not genetically designed for and searching for …

Fred Destin

Backing PillPack : a pharmacy you might actually love

Pharmacies are like banks.  When you have to go to one, it’s usually an unpleasant experience delivered in often indifferent fashion by overworked people.  TJ Parker and Elliott Cohen, the founders of Pillpack, together with the rest of the team, …