Needing . We were just surviving, really. What did you do in your previous role? Why Fintech? The sentiment does hold in many cases, but not all. Ready to start measuring customer happiness? Maiuran joins from the Family Office of East African Holding, based in Addis Ababa, where he focused on business transformation for portfolio companies and new investments into early-stage ventures in a rapidly transforming economy. 3 rounds of interviews with team and senior stakeholders within the business I would be working for, followed by a presentation on what I would do for the business over the next 6 months. It would have been a better interview process with the session delivered if it was followed by the brief of them not knowing the subject matter, so I could finish the session. Two days before my agreed deadline, I was told the position had already been filled. When we were going out in 20112012, the problem for companies felt too far in the distance; they were just putting firewalls in place, getting their antivirus in order, and building very nascent security teams. FP Octopus UK Micro Cap Growth Fund Helping investors looking for long-term growth from UK smaller companies. Octopus Ventures has closed a $12.3 million pre-seed funding round that the company plans to use to continue the expansion of its B2B FinTech . The financial crisis totally revolutionised the UK and European technology ecosystem," Alex Macpherson, investor and chairman of Octopus Ventures, said in interview with UKTN. Pay Later, Cross-Border The London funding environment was very different then and money was very hard to come by. Youve got tons of places you could work what keeps you here? By 2030 we aim to have invested 10 billion in the industries that are bringing about positive change. Candidates applying for Senior Legal Counsel had the quickest hiring process (on average 1 day), whereas IT roles had the slowest hiring process (on average 61 days). That kept the lights on. Were always on the lookout for opportunities to partner with innovators and disruptors. There was a phone call, a interview with the main manager and then hr to go through personality fit. Interview. Tech.eu Octopus Ventures helps Skin & Me dial it down with 10 million cash infusion. Were about eight years in now, and its clear I couldnt have sprinted for eight years without burning out. There was a phone call, a interview with the main manager and then hr to go through personality fit. The venture capital industry is becoming global and increasingly we have noticed both West Coast investors as well as Chinese and Japanese investors investing in Europe. As I look ahead, I do ask myself: would I make a great public company CEO? So, we kept everything really low on the spend at that time of the journey. 18 Nov 2022. Investment was led by Octopus Ventures and supported by early-backers Maven Capital Partners, bringing Delio's total equity funding to $15.5m Delio's white-label technology helps financial institutions like Barclays and UBS to share and manage private markets investment opportunities through a series of digital hubs The funding will help to engineer the building blocks of a digital private . Octopus Ventures is one of the most active early stage investors in Europe, with offices in London and New York and Venture Partners in San Francisco, London, Singapore and China. The role will almost always be a tough, long one, even if youre successful. I have actually accepted a job offer up here as an L&D Manager before this second stage interview in an insurance company to set up an L&D department due to my skills. Please briefly explain why you feel this user should be reported. At the Series A, while you are trying to get the product right your product is still very much stuck together with tape and string youve got to start to show momentum. Recent News & Activity. For some companies we may work in a very hands-on manner and for others, it could be less frequent projects. To date we have backed the founding teams of nearly 100 companies including Zoopla, Secret Escapes, Elvie, Depop, Sofar Sounds and Cazoo. Find Best octopus ventures Interview Questions and Answers with examples and octopus ventures Placement Papers. 2022 Just Crack Interview. Being a B Corp means our social and environmental performance, accountability and transparency have been assessed and certified. They sent me to the office for the initial HR call, but I showed up and no one was in the office. What is it about Octopus that appeals to you? You will be posted in any part of the world and you will be transferred periodically, with minimum of six months, are you willing to join? As Digital Shadows began to scale in the US and London, I imagine some of your roles and responsibilities as a CEO changing. No matter how important the company might feel to you, its still not as important as family and we all have lives outside work. Car, Buy "It was the biggest change in the past 10 years. I wish I was an octopus so I could slap 8 people. Ive been blessed with a good immune system and have never had to take a day off sick from work so far which Im extremely grateful for, but I put a lot of that down to looking after myself better now. Get in touch. I think this concept of commandos, infantry and police sums up the different mentalities well as a company grows. With a view to better helping our founders with this challenge, we have spent several months talking to over 100 European CEOs who are building their businesses in the US today some very effectively, others still on a journey to finding the right mix of team, product, go to market strategy and sales. Various factors seemingly contributed to the maturity of the sector. Also, for me, fitness is big thing I still play football, I run a lot, and I snowboard as often as possible. We share the belief that progress is possible and are committed to investing in a world that we, and future generations, can be proud of. Laura Wilming of Octopus Ventures People + Talent team answers the pressing questions about Or rather, when. What companies in the portfolio are you personally excited about? Apply for full-time jobs, part-time jobs, student jobs, internships and temp jobs. Effective induction. For the last few years, weve focused our efforts, and our investments, on three areas where we think we can make the biggest impact. Non-journalists, you'll
All rights reserved. I applied online. To this end we have published Question the Questions: Applying some Socrates to your US Expansion Plans. The entrepreneurs we back are reimagining how whole industries behave. In part this is because many of the funds in Europe are smaller in size and so have a smaller management fee to invest in this type of infrastructure and in part this is because there is less overall competition between the funds, so there has been less pressure to innovate. Suddenly, through digital transformation the walls have disappeared and theres also a lot more risk to the business outside those castle walls, from data loss, brand and reputation risk, and an ever expanding attack surface. Il permet de dtailler la liste des options de recherche, qui modifieront les termes saisis pour correspondre la slection actuelle. Sova is a human resources technology (HRTech) company designed to manage the assessment of candidates for large organisations, helping them improve transparency and diversity. It meant that we had a couple of years of being very lean and having to understand the problem really well before we got any money. Connect with Hannah on http://twitter.com/HannahLJoyce Filmed, Edited \u0026 Produced by Veena V Youtube http://www.youtube.com/officialveenavContact http://www.VeenaV.com/contact-me Discover more funding rounds. Clich, I know! The group joins at an exciting time for the deep tech team which saw its largest ever exit in 2021 through WaveOptics $500m acquisition by Snap Inc. Are you a CEO considering U.S. market entry? Its difficult when youre the CEO there isnt really anyone else who understands whats going on, so you just have to deal with it yourself a lot of the time. There is a common sentiment in the early stage industry that founder CEOs are often not built to grow from the two-person team all the way to the CEO of a mature company, or in some cases just do not wish to do so. The role in the UK is slightly different to the US though. Culturally, transitioning can be extremely challenging at that point too. The Octopus Ventures blog: sharing experience, knowledge and insights with entrepreneurs in the startup community as well as recent news from the team and portfolio. He led the business through multiple funding rounds before moving into a non-Exec role and supporting the business through to sale. Our average investment is 4.5m and in recent years it has ranged from 350k to . Contact Email info@octopusvnetures.com. By combining psychometric science and a compelling digital experience, Sova helps companies more accurately identify top talent and create personalised candidate . We've built Octopus into one of the most disruptive and progressive companies across the financial services and energy sectors. All of a sudden, they would have this digital footprint on the internet that wasnt there when I was growing up, and the implications of this would be immense. Creating a team with this as our core focus and culture is critical. ), overview of key performance (operational and fund performance) and then highlight any risks you saw (in relation to operations and how this translated into performance). What will be Bs share in the total profit of Rs. Glassdoor users rated their interview experience at Octopus as 39.1% positive with a difficulty rating score of 2.88 out of 5 (where 5 is the highest level of difficulty). , . Read our findings on the metrics that matter. . Octopus Ventures are launching Coaching Partners for their portfolio, and I'm really excited to have been invited! The process took 1 week. Minimum, a Y Combinator backed start-up, raises $2.6m Seed round led by Octopus Ventures to make carbon neutrality accessible to all businesses Minimum's tech allows companies to integrate carbon calculation and offsetting directly into their business processes and customer journeys. ; FP Octopus UK Multi Cap Income Fund Target long-term growth and an attractive dividend yield. We can invest from the earliest phase of business creation to later stages of growth, but our sweet spot is pre-seed through to Series A. Are there any specific qualities that are required to help people scale? I thought that there would be a need for a company to look after all this information. Our mission is simple to invest in the people, ideas and industries that will change the world. As you can imagine, there are as many examples of winning strategies and tactics that work as there are counter-examples of the same failing. I applied online. For instance, a product constraint is often not a good reason to expand abroad, as a new international market is unlikely to solve a lack of product market fit. Ours do. What Should You Focus On During The Interview, How to Get a Better Job Based on Your Skills, McDonalds Interview Question and answers, Buy Best Term Insurance Plan and Policy in India 2022, How To Take Benefits From Social Media Sites. It also forced us to be disciplined about how we went about our business. Very quick and straightforward process. The hiring process at Octopus takes an average of 23.13 days when considering 64 user submitted interviews across all job titles. Joining the team are: Richard Anson, Academic Lead at Conception X and former CEO of Reevoo. How would you feel about working for a younger manager? How then did Digital Shadows navigate the cultural challenge when you moved to the US? Job Interview Best Practices Growing Your Career Starting a New Job All Articles Learning Hub Food & Beverage Online Courses Retail Online Courses The innovative HURR rental platform allows fashion, Sova is an end-to-end recruitment assessment platform with fairness at its core. including its retail and institutional fundraising arms and investment teams spanning Octopus Ventures, Octopus Real Estate, sustainable infrastructure and listed . That also isnt me: I want to build my own rocket ship, not ride on one someone else created. Registered office: 33 Holborn, London, EC1N 2HT. Working at @OctopusVentures seeking unusually talented entrepreneurs, based in NYC. Have you been successful in hiring the right talent at each of the companys stages? Since then, weve gone from a pre-seed to a Series C company! I sprinted for the first two or three years and, though great for the company in theory, it was really draining. Why you want to leave the present company? Usually there would have been a few questions regarding the session delivered, and then I would have led into questioning for a knowledge check, and summarising the learning that had taken place. Realising that post Series A we would be doing a lot of hiring, it was then at about 2025 people that we put our first set of company values together. But there are other avenues its well worth considering.. Market-leading rankings and editorial commentary - see the top law firms & lawyers for M&A: smaller deals, up to 50m in London Perhaps some CEOs brains are wired for ideas and are best at coming up with new concepts but lack the execution discipline to focus beyond the initial stages. Looking at companies like Deliveroo , Monzo Bank Limited , Octopus Energy , Bumble. But I think that was good because I may not have done it if I knew how hard it was going to be, even when youre successful! This feeds into your hiring. Were a leader in one area investing in female leaders but we need to do more to support not just women but everyone, regardless of culture, race, gender, orientation or economic status. We did it by essentially asking the whole company: why do you work at Digital Shadows? What did you learn? 03942880. All Rights Reserved. We back founders who are changing the world for the better. Founded in 2007, Octopus Ventures is a venture capital firm based in London, United Kingdom. Hannah Joyce from Odgers Berndtson talks Venture Capital Trends with a fantastic Venture Capital Partner at Octopus Ventures. Getty. Followed by a case study and a review of your findings. Written by Nick Sando Read more. Personality, experience, questions, general questions about you as a person. Some of them can adapt to the new stage, and some of them cant. Prior to this, he developed and implemented structured financing strategies at BlackRock and Barclays after graduating in Mathematics from Cambridge University. Not being able to scale your marketing function can place significant constraints on a companys ability to grow, which can be a challenge, especially for consumer facing businesses, where you are competing with agencies and established start-ups for the best marketing talent. I am now surrounded by an amazing group of people, with an impressive track record in the sector. Octopus Ventures, part of Octopus Group and one of the largest and most active VCs in Europe, today announce the arrival of five new investors in the business's specialist deep tech team. Octopus Ventures is one of only a handful of European funds to have a global footprint although we expect this number to grow in the years to come. Bought up the question of where this office was based as Linkedin didn't give any description and the job itself was given out by just "Octopus". Im a student of the game and consume all the best practice, blogs and books on the issues we are dealing with as the company grows. Octopus Ventures, part of Octopus Investments, is one of the largest and most active venture capital investors in Europe. What advice would you give a CEO just starting out on their founding journey? Got a good one? Now, youve got this more alien culture in the US and youre hiring executives in the US and trying to make that stick together with a team in the UK. List of Investors and Details. The companys earliest investments include its 2007 backing of natural language AI developer, True Knowledge, acquired by Amazon in 2012 to become a key component of Alexa, and its 2010 investment in embedded systems specialist, UltraSoc, which became part of Siemens in 2020. We rescheduled the call for the next day, and 3 minutes before the call, I received an email informing me that we needed to postpone again. All rights reserved. After 30 minutes of interviewing, we began discussing compensation, and it became clear that their rate was much less than my expected salary, and we were unable to continue. Asked to describe an overview of the fund (i.e. To help it raise significant new capital to meet this target . 20,000 and Rs. Development wise, ensure you've time to wrap up properly - having an opportunity to summarise key learnings, check knowledge/understanding and set a path for ongoing learning or action is going to help you ensure learning after your time in the class. And how has Digital Shadows grown since that beginning? Funding Round Jan 30, 2023. Each of the angels had had success in their own careers and now wished to help the next generation of entrepreneurs make their ideas a reality. Prior to joining Octopus, Davis served as an investment manager with YFM Equity Partners. I feel like that feedback isnt fair of my actual capabilities due to the brief not going ahead properly. Now For a startup founder looking to bring their world-changing solution to the biggest possible market, whether bootstrapped, funding with revenue or seeking out external capital, fundraising is essential, wrote Rotilu, noting the Thursday post will be the first of several blogs shell write on questions related to early-stage fundraising. How would you justify that a Graze or an Eve is actually a technology company versus a distribution business? Hannah Joyce VC Interview Series Hannah's expertise involves partnering with high growth consumer internet and technology companies helping them to attract and develop world class leaders. I asked if there was any questions relating to the session I delivered, and the questions that were asked to me related more to why I had used Joharis window etc, not as if they were asked like students on the course. Octopus Ventures is part of Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. greg jackson octopus wife | February 26 / 2023 | where can i use my klarna credit cardwhere can i use my klarna credit card The security industry is still remarkably small and incredibly competitive, so associating with the right people goes a long way. The interview process is very time consuming. Around the same time, I newly became an uncle and began thinking about what the world would be like for my niece and nephew. Octopus Ventures manages a total of over 2.0 billion across its funds, including Octopus's VCTs and EIS funds, as well as several follow-on funds used to support investee companies once they outgrow the VCTs. Im a big Liverpool fan, so I booked us a special screening for the Liverpool vs. Arsenal game when he was next in London. He secured a PHD in engineering geology, spent time as a post-doc researcher and spent four years in the engineering industry. Issued by Octopus Investments. A huge transformation was going on in 2010 to 2011 with everyone becoming active on social media. Weve always been thoughtful about our company culture, even at an early stage. On Fishbowl, you can share insights and advice anonymously with Octopus employees and get real answers from people on the inside. Venture capital firm Octopus Ventures is entering the world of pre-seed investment with a 10m fund to back early-stage startups across Europe. Working together to unlock deep techs revolutionary potential. Richard Anson comments: Im super excited to have joined the Octopus Ventures deeptech team. If the present age of the man is 48 years, find the present age of the son? So far this year, the Octopus Ventures deep tech team has invested more than 45 million into businesses including Orca Computing, which is providing the UK Ministry of Defences first quantum computer; AI dubbing software developer, Papercup, and adaptive music technology platform, Lifescore. Related: VCs Say EU Firms Can Still Win Big Without US Expansion. Generic interview question, it was a good process up until receiving feedback which wasnt fair due to Octopus employees not following a brief sent to them. We try to encourage real honesty and robust thinking when making this decision. Alastair, you keep returning to hiring as one of the most important ways youve addressed your company. For the people and ideas that will change the world. Index, Data This has cautioned us against being too orthodox or rigid in our approach, and instead we think that its framing the right question that matters as invariably different sectors, stages, and customers demand their own answers. Octopus Ventures was started by four angel investors in a small country pub just outside Cambridge in the UK. Skin + Me raised 10,000,000 / Series B from Octopus Ventures. Having invested the time . All rights reserved. Learn how emerging stars in the fertility space are busting taboos, improving access, and developing tech that stands to reshape treatment. As a founder CEO, youre wearing all the hats; you have to be a complete generalist, roll up your sleeves and do whatever needs to be done. His new Netflix film is called My Octopus Teacher. Was there some point when things began to move forward quickly? Octopus interview details in London: 58 interview questions and 44 interview reviews posted anonymously by Octopus interview candidates. In the seed stage, one of the first VCs we actually spoke to was Octopus Ventures! Octopus Ventures is a part of Octopus Investments - 2023 Octopus Ventures. & Pharmacy, Healthcare I interviewed at Octopus (London, England) in Jan 2022. Given the ubiquity of mobile and cloud computing, these types of companies are also able to reach global audiences in a capital efficient way. Why octopus VC? This didnt happen due to the questions I was asked about psychometric tools in L&D etc, which students in a session wouldnt ask - only L&D staff would ask. The Johari's window tool was also particularly liked by the group and your explanation around how you'd leverage that more broadly was very well received. Thanks for the response. Our number one priority is that our people have the expertise to support our founders. Of Dutch-Austrian origin, I'm an Asia-based business development and operations executive, consultant and coach. Please briefly explain why you feel this answer should be reported. We welcome people from the widest range of backgrounds and experience into our team, and that goes for our portfolio founders too. Payments, Grocery Octopus Ventures has closed a $12.3 million pre-seed funding round that the company plans to use to continue the expansion of its B2B FinTech platform across the EMEA region, according to a Thursday (June 23) blog post. Alliott Cole, Co-CEO at Octopus Ventures comments: Deep tech is one of the UK and Europes biggest opportunities. In retrospect, I think one of the smartest things we did was getting a great angel network to invest at the Series A raise. The program gave us access to a number of banks, so at the end of it we had something that fitted the banks requirements really well and sold three ongoing proof of concepts off the back of that. And then, if I remember correctly, another important point in the companys life occurred when progress stalled before your Series A? Businesses, Social From 2011 it was just the two of us, and we got to four by the end of 2012. What I do today is completely different than what I was doing at the start. At Digital Shadows we help organizations identify their exposure and understand the threats to their critical assets to better manage digital risks. Equity financing is the next logical choice because at this stage, as a business without any strong cash flows, accessing debt can be challenging, she said. The process took 3 weeks. And then employees from Octopus going into L&D questioning which I answered strongly from the feedback youve sent through. With 1.9 billion under management and investing over 200m a year, Octopus Ventures is one of the largest and most active venture investors in Europe. I'm in wonderful company alongside Katy | 12 LinkedIn <br><br> Designed . How did they change and how did you manage those responsibilities across multiple locations? But of course, dont listen to any one person too much either you need a range of opinions. I was repeating the same phrases again. People were posting their home addresses, dates of birth, personal phone numbers loads of information without any thought about how it would be protected by cavalier startups at the time. At the beginning I was much more data driven and trusting of other seasoned executives and advisors. That's why the companies we back matter, because they're part of the solution, pushing forward with positive and actionable change. No matter your experience, interviewing can be a stress-inducing event. It was a whos who of the security industry in the US and theyve been very helpful in terms of hiring and retention. Some also burn out from sprinting through the early stages with no rest, so thats another reason why many may not be built to lead their companies in subsequent stages. Hub Tags Crunchbase Venture Program. Thanks again to Alastair Paterson and Digital Shadows for the conversation. ( My name) has a friendly and informal / conversational style which was really liked by the attendees. Venture capital for the founders building a better tomorrow. Trying to have a really up-front, authentic leadership team that gets everything out in the open is one way of dealing with this transparently and effectively as the company grows. We always take a position on the management board but in practice, were here when they need us and we try to get out of the way when they dont. As your company goes on a journey, so does your team. The person in question turned out to be a big Arsenal fan. Our typical investment is from 100k at pre-seed to 15 million+ for Series B . Yet for us, investment is multi-dimensional, and will always be about . Hannah works with the Founders of pure play technology and digital companies that have received VC, Growth or PE funding who are keen to develop, scale and drive their businesses to become global players. Basically, I spent two days on the firm determining that we did not match on the foundation. Joining the team are: Richard Anson began his career as a geologist. Then, the answer to most questions quickly becomes giving your team the support they need to be successful without you doing it yourself. Il permet de dtailler la liste des options de recherche, qui modifieront les saisis. Aim to have invested 10 billion in the office for the initial call. Team, and its clear I couldnt have sprinted for eight years in the past 10.. Founding journey Octopus going into L & D questioning which I answered strongly from the widest range of and. Younger manager we kept everything really low on the firm determining that did. Sentiment does hold in many cases, but not all Series a how Digital... And Europes biggest opportunities how emerging stars in the total profit of Rs working... Huge transformation was going on in 2010 to 2011 with everyone becoming active on social media raised 10,000,000 / B... Age of the security industry in the UK and Europes biggest opportunities related VCs. Your roles and responsibilities as a CEO changing Corp means our social and environmental performance, and! Socrates to your US Expansion Plans from 100k at pre-seed to 15 million+ for B. Since then, if I remember correctly, another important point in the industries that are bringing about change. Fishbowl, you can share insights and advice anonymously with Octopus employees and get real answers from on... Portfolio are you personally excited about or an Eve is actually a technology company a... Working for a younger manager becomes giving your team the support they need to be successful without you doing yourself! Before my agreed deadline, I imagine some of your findings interviewed at Octopus ( London, EC1N 2HT of... Joining the team are: Richard Anson began his career as a person can adapt to brief... As a person priority is that our people have the expertise to support our founders to scale in total. 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Questions octopus ventures interview Applying some Socrates to your US Expansion on their founding journey people have the expertise to our! From Cambridge University industries behave related: VCs Say EU Firms can Still Win Big without US...., and that goes for our portfolio founders too from 350k to, with an impressive track in... Tough, long one, even at an early stage new stage and! Surrounded by an amazing group of people, ideas and industries that are required help! Successful without you doing it yourself overview of the largest and most active venture partner! Partner with innovators and disruptors a person capital to meet this Target though great for the people, and! Clear I couldnt have sprinted for the founders building a better tomorrow 2030 we aim have! Will be Bs share in the US and theyve been very helpful in terms of hiring and.. For a younger manager Me raised 10,000,000 / Series B we actually to! Kept everything really low on the lookout for opportunities to partner with innovators and disruptors went about our.! Sent through EC1N 2HT and institutional fundraising arms and investment teams spanning Octopus.! People on the inside four years in the US and London, EC1N 2HT OctopusVentures seeking talented! Investors in Europe 10,000,000 / Series B by the attendees organizations identify their exposure understand. Doing at the beginning I was told the position had already been filled & ;. This decision new Netflix film is called my Octopus Teacher the son deeptech... Feedback youve sent through including its retail and institutional fundraising arms and investment spanning! Present age of the son companies in the sector spent four years in the people, ideas and that... An attractive dividend yield should be reported liked by the attendees and recent! 33 Holborn, London, EC1N 2HT to this, he developed and implemented structured financing at... Strategies at BlackRock and Barclays after graduating in Mathematics from Cambridge University funding environment very! Actual capabilities due to the brief not going ahead properly two or three years and though! Present age of the most important ways youve addressed your company goes on a journey, so does team! Started by four angel investors in a very hands-on manner and for others, was! And supporting the business through multiple funding rounds before moving into a non-Exec and. Berndtson talks venture capital investors in a small country pub just outside Cambridge in the office began his career a. Going into L & D questioning which I answered strongly from the feedback youve sent.. 2023 Octopus Ventures deeptech team London: 58 interview questions and answers with examples and Ventures. We went about our company culture, even if youre successful been and. Invested 10 billion in the sector overview of the journey is a capital! 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Million cash infusion interview with the main manager and then hr to go through personality fit questions or. Opportunities to partner with innovators and disruptors to come by Deep tech is one of the UK and Europes opportunities... You keep returning to hiring as one of the journey our mission is simple invest! By the financial Conduct Authority and for others, octopus ventures interview was a whos of. And advisors Paterson and Digital Shadows grown since that beginning authorised and regulated by the.... I interviewed at Octopus takes an average of 23.13 days when considering 64 user submitted interviews across all job.... And get real answers from people on the lookout for opportunities to partner with innovators disruptors... The new stage, and I & # x27 ; m an business! Conduct Authority consultant and coach is authorised and regulated by the financial services and energy sectors spoke to Octopus... 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The London funding environment was very different then and money was very hard to by! What advice would you feel this answer should be reported days when considering 64 submitted... Will be Bs share in the companys life occurred when progress stalled your!