TLDR:
Key Points:
- Interview with Andre Retterath, Partner at Earlybird VC.
- Discussion on data-driven approach in venture capital.
In episode 85 of the EU-Startups Podcast, Andre Retterath, Partner at Earlybird VC, discusses the shift from traditional VC to a data-driven approach. Earlybird VC, founded in 1997, focuses on enterprise software and has over €2 billion under management. Andre leads the engineering team and the data-driven platform, “EagleEye.”
Key takeaways from the episode include the importance of balancing data-driven insights with gut feelings in venture capital, the use of headcount as a growth indicator for startups, and the challenges of integrating data science in VC. Andre also touches on overhyped startup metrics and the future of the industry, emphasizing the professionalization and aggregation of VC tools.