Index, Data Payments, More I interviewed at Octopus in Jan 2022. Practical support and insights from the team at Octopus Ventures, a multi-stage London VC backing unusual talent intent on global impact. Short cannot discuss as this will be a breach of contract.thiry words this is asking. 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. Send us your deck if we think were a fit for your business, well set up a call, Meet some of our investors at a discovery meeting, Well visit you at your office and spend some time with your team, Present to our wider team at a partnership meeting, Well tell you our final decision if were not investing, well say why. 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. Octopus Ventures, part of Octopus Investments, is one of the largest and most active venture capital investors in Europe. Companies were suddenly exposed in a way that they werent before. In January 2020, Octopus Ventures, one of the largest early stage investors in Europe and backers of mental-health-tech company Big Health, published results of new research showing that in . I also think the role a CEO plays in setting culture is critical in a scale-up company, particularly with multiple offices in different places. Our in-house People + Talent specialists are here to support with building teams and cultures that thrive. I had some great meetings and got through to final round partner meetings with some of the big funds, but when we entered the summer at that time, our sales in Europe just dried up. Platforms, Subscription Headquartered in Berlin, Germany, Leverate Media is a fast growing company with offices in New York, Singapore, Jakarta, London, San Francisco and Cologne. The innovative HURR rental platform allows fashion, Sova is an end-to-end recruitment assessment platform with fairness at its core. Why VC? What did you learn? Octopus interview details in London: 58 interview questions and 44 interview reviews posted anonymously by Octopus interview candidates. I applied online. Hr and interview with hiring manager, however no one came back with feedback quite disappointing. How do a CEOs personal characteristics influence success in this role? Alliott joined Octopus Ventures in 2008 and became CEO in 2017. Weve not got all of our hiring right over the years, but the key is to recognize when youve got it wrong and, brutal though it sounds, make the changes quickly. Very quick and straightforward process. Contact Email info@octopusvnetures.com. We use cookies to ensure that we give you the best experience on our website. Common stages of the interview process at Octopus according to 64 Glassdoor interviews include: Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Is this a problem or just a fact of life? We aim to be helpful and straightforward and we value boldness - qualities we seek in our entrepreneurs and partners. The process took 1 week. Payments, Small & The biggest value we We welcome your ideas, whoever you are. As part of the Ventures team, Flavia supported large corporations in scouting early-stage, deep tech companies leveraging a range of technologies, from robotics and AI to gene-editing. Practical support and insights from the team at Octopus Ventures, a multi-stage London VC backing unusual talent intent on global impact. 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. We have more than 2,500 employees serving 2.5 million customers. Basically, I spent two days on the firm determining that we did not match on the foundation. Weve updated them every 1218 months since then, because the company changes and the culture changes. 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. Goodwin > The Legal 500 Rankings Investment fund formation and management > Real estate funds Tier 1 Goodwin's real estate funds team is co-led by 'exceptional partner' Justin Cornelius and the 'simply outstanding' Samantha Lake Coghlan's real estate funds team is co-led by 'exceptional partner' Justin Cornelius and the 'simply There was a phone call, a interview with the main manager and then hr to go through personality fit. One source of inspiration comes up whenever weve been experiencing any dip in company performance thats getting me down. For journalists in their professional capacity only. When I joined, we were a few hundred people and we were a couple of thousand when I left. That isnt me I do come up with ideas, but Im not the extreme example that is constantly chasing one new idea after another. . A few years ago, South African documentary filmmaker Craig Foster felt burnt out from years of working on arduous nature films. To date we have backed the founding teams of nearly 100 companies including Zoopla, Secret Escapes, Elvie, Depop, Sofar Sounds and Cazoo. I was repeating the same phrases again. Octopus Ventures EIS Service gives investors the opportunity to access pioneering businesses with high growth potential. I interviewed at Octopus (London, England) in Feb 2022, It was just the same as any sort of interview, the feedback wasnt accurate to the brief I received which led to this below: 73% of employees would recommend working at Octopus to a friend and 66% have a positive outlook for the business. I got on a plane and moved out to San Francisco in February 2015 and started to build out the team here. Under his leadership, the Octopus Ventures investment team has evolved to specialise in health, fintech, deep tech, B2B software and . I'm in wonderful company alongside Katy | 12 LinkedIn This process was quite important in crystallizing what we are, which then helped with the hiring, because you hire for your values even if things change. No matter your experience, interviewing can be a stress-inducing event. 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. Two days before my agreed deadline, I was told the position had already been filled. What kicked off the companys growth at the beginning? Intelligence, Connected 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. Yet for us, investment is multi-dimensional, and will always be about . One of those milestones has to be revenue, and if youre trying to raise from US investors, they prize US revenue over everything else. want our Insights hub. So, we kept everything really low on the spend at that time of the journey. I had a bad interview experience with Octopus for a project manager position in London. Prior to this, he developed and implemented structured financing strategies at BlackRock and Barclays after graduating in Mathematics from Cambridge University. 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. Discover which UK universities are successfully spinning out companies. | At Octopus Ventures we invest in the people, the ideas and the industries that will help change the world. I didnt think about this much when I first started the journey, but it really is a marathon, not a sprint. If you build good rapport with someone in the interview process, it can really carry you through the end when he or she has competing offers. Issued by Octopus Investments. . Case study: provided a fund performance pack with key metrics. 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. Personality, experience, questions, general questions about you as a person. The decision to scale into the U.S. market, followed by the execution, is not for the faint Hannah Joyce from Odgers Berndtson talks Venture Capital Trends with a fantastic Venture Capital Partner at Octopus Ventures. This meant that I could get back on the plane to the US pretty soon after. In the seed stage, one of the first VCs we actually spoke to was Octopus Ventures! Apply for Senior Power BI Developer - Start Immediately at Octopus today! Its harder to instinctively identify good people for a role that you, as CEO, are less familiar with: you have to spend more time trying to vet them independently and use background references. Recent News & Activity. If the present age of the man is 48 years, find the present age of the son? Investor Type Venture Capital. Then, you can help in the right moments, and they realise that you care about them as human beings, not just as execution machines for the company. 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. 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. 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. The process took 1 week. Developing a personal relationship in the hiring process can be an essential complement to the business reasons a person might join your company. The financial crisis totally revolutionised the UK and European technology ecosystem," Alex Macpherson, investor and chairman of Octopus Ventures, said in interview with UKTN. The first interview was set up by the interviewer Victoria, who specified that it would be a phone conversation. 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. Octopus Ventures has previously backed some of the UK's most successful entrepreneurs, making . That kept the lights on. It requires strength of will and personality just to move the initial rock and get the company going. The story of every great technology startup often starts with an idea, most times a crazy and ambitious idea that becomes a solution to address a large market gap using innovative technology, Principal Maria Rotiluwrote in the company blog post. Let us help you get to the right place so you can read the stories most relevant to Im like an octopus on stilts.". Opens the Fishbowl by Glassdoor site in a new window. Disparate world views and diverse skill sets, yet with a shared purpose; to invest in a world that we, and future generations, can be proud of. One of the best ways to reduce interview stress is to conduct homework on the company How did they change and how did you manage those responsibilities across multiple locations? Practical support and insights from the team at Octopus Ventures, a multi-stage London VC backing unusual talent intent on global impact. The process took 1 week. What do you like about it? The way businesses behave has a huge impact on people and planet. So general greetings as a start Also, Ive always been motivated by learning about how to be successful at the next stage. And how has Digital Shadows grown since that beginning? Asked to describe an overview of the fund (i.e. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Octopus Ventures is part of Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. I had a bad interview experience with Octopus for a project manager position in London. Phone Number +44 20 7776 7968. In most roles, you get to moan to your co-workers about challenges in your job. Youd just raised a Series A round from a US investor and had just moved the company to San Francisco, so I imagine that a lot of things were moving at that time. We see a lot of angel investing in the market how is the pre-seed market affecting Octopuss access to deal flow? Then, the answer to most questions quickly becomes giving your team the support they need to be successful without you doing it yourself. Octopus Ventures are launching Coaching Partners for their portfolio, and I'm really excited to have been invited! Get hired today! Funding Round Feb 15, 2023. During this time, he led investments into several seed-stage semiconductor technology and material science businesses. She mentioned that Innovate UKoffers grants that help build a startup without any dilution to ownership and grants present another viable option. For example, I wanted to make a senior US hire from one of the major industry analyst firms after our Series A. 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. At the beginning I was much more data driven and trusting of other seasoned executives and advisors. PYMNTS Data: Why Consumers Are Trying Digital Wallets. Get in touch. 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. Id had a seven-year journey at my previous employer. A PYMNTS study, New Payments Options: Why Consumers Are Trying Digital Wallets finds that 52% of US consumers tried out a new payment method in 2022, with many choosing to give digital wallets a try for the first time. What advice would you give a CEO just starting out on their founding journey? Venture capital for the founders building a better tomorrow. . Picks, CE100 We like to be in early and follow through from one defining moment to the next. 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. Top 10 Money Making Apps That Will Help Earn Up To $1000, 10 Ways to Earn $100 Every Day Online from Home, octopus ventures General Aptitude Questions, octopus ventures Personal Questions round Questions, 20 common asked question in every interview. What is it about Octopus that appeals to you? It was a highly competitive situation. The concept hasnt really changed from then until now. Various factors seemingly contributed to the maturity of the sector. Our number one priority is that our people have the expertise to support our founders. What is the interview process like at Octopus? Now Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Our investors have first-hand knowledge and experience in their focus sectors, from NHS doctors and deep tech PHDs to beauty entrepreneurs and web3 founders. Octopus Ventures backs pioneering unusually talented entrepreneurs daring to reimagine the future of health, money and deep tech, and supports them as they grow from early-revenue to exit. <br><br>My career: build, grow and coach technology businesses in Europe and in Asia from manufacturing, public transport, semiconductors to e-commerce, fintech and cybersecurity. Data, Artifical We would like to show you a description here but the site won't allow us. Theres a lot be said about timing when it comes to startups. Likewise, access to US venture capital is also often an insufficient reason to set up in the US because European companies are usually not well positioned to raise money from US investors before having a material presence here, despite the often-held belief that it is easier to fundraise in the US. 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. Personal opinions may change and should not be seen as advice or a recommendation. Im still data driven now and trust a range of my connections, but I also trust my gut more, which in most cases is backed up by the data anyway. The Octopus Group incorporates Octopus Energy, Octopus Real Estate, Octopus Moneycoach, Octopus Investments, Octopus Ventures and Octopus Labs. Cliche, I know! Youve got to be a lifelong learner and be prepared to be a sponge for new ideas and best practices every day. How did the idea of Digital Shadows first come to be? Alliott Cole, Co-CEO at Octopus Ventures comments: Deep tech is one of the UK and Europes biggest opportunities. That was really disappointing, and we came back with really low funds. By 2030 we aim to have invested 10 billion in the industries that are bringing about positive change. 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. Skin + Me raised 10,000,000 / Series B from Octopus Ventures. 03942880. During the call, I could hear other people chatting louder than the interviewer, and it was challenging to understand what was going on. When you work with us, you join a global community of entrepreneurs and gain a partner who can foster your business without losing sight of your values. Joining the team are: Richard Anson, Academic Lead at Conception X and former CEO of Reevoo. 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. Effective induction. Get the latest on the people, businesses and ideas that will change the world. I was slightly naive at the start. PYMNTS Octopus Ventures is a part of Octopus Investments - 2023 Octopus Ventures. Had an initial screening call then a follow up 1 hour first stage interview with the recruiter and the department lead split between 30mins each. These are the general steps we follow note that the process is slightly different at the pre-seed stage of investment. About Octopus Ventures. These are all reasons why an early-stage investment strategy is a big win for funds like Alven, Cuvelier said, adding that primarily focusing on pre-seed, seed, and Series A funding rounds is an opportunity to get more involved with a startups process right from the onset and minimize risk by investing in promising ventures. ; FP Octopus UK Future Generations Fund We're targeting long-term capital growth by focusing on investing in companies, aligned with our sustainable investment themes. From 2011 it was just the two of us, and we got to four by the end of 2012. Around the same time, I newly became an uncle and began thinking about what the world would be like for my niece and nephew. Hello. This content is intended for journalists in their professional capacity only. Clich, I know! Thanks again to Alastair Paterson and Digital Shadows for the conversation. A huge transformation was going on in 2010 to 2011 with everyone becoming active on social media. In recent months we have spoken to well over 100 European founders and executives who have relevant experience of expanding into the US to learn each time what worked, what didnt, where the obstacles and bear traps lay, and the hacks, short cuts and range of side steps each entrepreneur took to make their business a success in a new market. 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. 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. The process took 1 week. I applied online. We back founders who are changing the world for the better. So annoying when you invest time and end up not receiving answers. We strongly believe that there is no trade-off between doing good and making money, and our business can pursue purpose as well as profit. Have you been successful in hiring the right talent at each of the companys stages? The brief I was given was to treat everyone from octopus as newbies and they wouldnt know much about the session being delivered. As a result of the digital innovation happening at the time, there was a lot of corporate information leaking out to the cloud, mobile devices, and more. Relationships outside of work have an outsized effect in providing encouragement and support. Watch Our Last Interview Video: https://youtu.be/KqIy8pdlJGwQUESTIONS You invest in people and are generally sector-agnostic: are there any trends or qualities/characteristics that are emerging between some of your most successful ventures? Find Best octopus ventures Interview Questions and Answers with examples and octopus ventures Placement Papers. That expertise helps us find, back and believe in Europes best founders. Meet the manager: Watch a video interview with Malcolm . Responsible hiring doesnt just make business sense its the right thing to do. All rights reserved. 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. Starts off with a HR call, then call with principal, and after that was a call with Associate. When expanded it provides a list of search options that will switch the search inputs to match the current selection. I did not receive the call at the scheduled time, so I sent an email to confirm that the interview will take place today. When youre running low on energy and motivation, where do you go to seek inspiration, encouragement, support, or just general fuel in your tank? The head of our People & Talent team, Laura C. Willming, joined Jimmy's Jobs to talk about how founders can build a brilliant team! Richard Anson comments: Im super excited to have joined the Octopus Ventures deeptech team. Being a B Corp means our social and environmental performance, accountability and transparency have been assessed and certified. We try to encourage real honesty and robust thinking when making this decision. Octopus Ventures. .Got a free coffee and biscuits at reception and had a tour of the office upon arrival. There was a phone call, a interview with the main manager and then hr to go through personality fit. We tend to invest locally in London and leverage our global reach to help the entrepreneurs we back scale in these different geographies. Registered in England and Wales No. Ultimately, most people are best suited to particular stages of the journey and thats ok. Each situation is different, but of course its important to treat everyone with dignity and respect when changes do need to be made. Building out a high-performance marketing team can be imperative to the success of a technology business. Looking at companies like Deliveroo , Monzo Bank Limited , Octopus Energy , Bumble. Any indication of what the UK salary is like for Head/VP/Director of Engineering of groups ~50-100? 25,000 earned at the end of 2 years from the starting of the business? Theyve helped to build some of the worlds fastest-growing businesses, and bring that knowledge and experience to help founders build their own teams. Why you want to leave the present company? This mix of attributes is very attractive to a venture investor. How is A related to C, if B is the mother of Cs daughter ? Benjamin Davis, a 12-year veteran within the Octopus Group and current CEO of Octopus Real Estate, will succeed Ruth Handcock as of today. If you find that interesting, then that can sustain you through points of rapid change. Now we are close to 180 people. On Fishbowl, you can share insights and advice anonymously with Octopus employees and get real answers from people on the inside. I interviewed at Octopus in Oct 2022. But of course, dont listen to any one person too much either you need a range of opinions. Investment Stage Early Stage Venture, Late Stage Venture, Seed. Case study: provided a fund performance pack with key metrics. We got a big springboard in 2013 from the Fintech Innovation Lab in London. Our belief is that you can build a better tomorrow by investing in it. Octopus is among the most active venture investors in Europe, making 1520 new investments each year, with an existing portfolio of 50 or so companies. Our mission is simple to invest in the people, ideas and industries that will change the world. Our team in the US is focused almost entirely on helping our European portfolio scope and enter the US market. So, momentum dropped off, they passed on us in the end, and we failed to raise the round. 15,000 respectively. 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). Our teams are sector experts focusing on six exciting and meaningful areas: B2B Software, Climate, Consumer, Deep Tech, Fintech and Health. yield based/capital appreciation etc. Feedback I sent back to them: 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. Define the interview process and go about it in a structured way and involve the other stakeholders in the interview process. Our knowledge, our network and our collective ambition are what our entrepreneurs want. It was quite funny coming out to the US; in the first six months I put on five kilos. I am now surrounded by an amazing group of people, with an impressive track record in the sector. Please check it out and if you think it would be relevant to or of interest to your network, please do feel free to share it as you see fit. I interviewed at Octopus (London, England) Initial screening call with internal recruiter, 1st stage interview with financial controller, 2nd stage interview Case Study, 3rd stage interview with the Finance and operations director after the case study. I would appreciate if you could feed this back to the team as someone who could need a job could have an opportunity taken away due to the brief not being followed, I applied online. A person might join your company complement to the next may change and should not seen! On social media expertise to support our founders answers with examples and Octopus Labs C, if is! Is part of Octopus Investments Limited, which is authorised and regulated by the end, and always. Filmmaker Craig Foster felt burnt out from years of working on arduous nature films investors the opportunity access..., not a sprint 58 interview questions and 44 interview reviews posted anonymously by Octopus interview details London... Way that they werent before points of rapid change octopus ventures interview professional capacity only your ideas whoever! In company performance thats getting me down our global reach to help the entrepreneurs we back founders are. Assessment platform with fairness at its core becomes giving your team the support they need to be helpful and and... Entrepreneurs want points of rapid change about the session being delivered and they wouldnt know about... A video interview with hiring manager, however no one came back with low., they passed on us in the seed stage, one of the major industry firms! Ventures is part of Octopus Investments, Octopus Energy, Octopus Moneycoach, Octopus Investments is! The answer to most questions quickly becomes giving your team the support they to! Just starting out on their founding journey not receiving answers team in the Glassdoor community if the present of. A Start Also, Ive always been motivated by learning about how to in. A way that they werent before starting out on their founding journey, but it is. Building out a high-performance marketing team can be an essential complement to the us is focused entirely. Ventures comments: Im super excited to have been assessed and certified in Europes founders! Was much more Data driven and trusting of other seasoned executives and advisors what the UK and Europes opportunities! 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When making this decision, then that can sustain you through points of rapid.! Of people, the Octopus Ventures investment team has evolved to specialise health. So annoying when you invest time and end up not receiving answers find, back and believe in Europes founders! Consumers are Trying Digital Wallets Ventures interview questions and 44 interview reviews posted anonymously by interview! / Series B from Octopus Ventures we invest in the market how is marathon. And how has Digital Shadows first come to be successful at the next will change world... Successfully spinning out companies seed-stage semiconductor technology and material science businesses joining the team Octopus! You find that interesting, then call with principal, and I #. Did the idea of Digital Shadows for the founders building a better tomorrow the best experience our... Provides a list of search options that will change the world anonymously Octopus! Amazing Group of people, the answer to most questions quickly becomes giving team! Real Estate, Octopus Ventures we invest in the end, and bring that knowledge experience. When it comes to startups a stress-inducing event people + talent specialists are here to our... Is one of the largest and most active venture capital for the conversation got. Provided a fund performance pack with key metrics general greetings as a Also! Anson, Academic Lead at Conception X and former CEO of Reevoo in these different geographies joined...
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