{"id":239293,"date":"2025-07-05T05:27:19","date_gmt":"2025-07-05T05:27:19","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/239293\/"},"modified":"2025-07-05T05:27:19","modified_gmt":"2025-07-05T05:27:19","slug":"vcs-are-turning-away-from-the-fixer-upper-founder","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/239293\/","title":{"rendered":"VCs Are Turning Away From The \u2018Fixer-Upper\u2019 Founder"},"content":{"rendered":"<p>Faster. Better. Smarter. Smoother.<\/p>\n<p>What might sound like a Daft Punk lyric has become something of an anthem for tech startups. In recent years, a strong proportion of the pitches I\u2019ve reviewed have been for startup ideas focused on incremental gains. Think faster versions of existing tools, smoother, more interoperable systems, and any other kind of upgrade ending in \u201c-er\u201d.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/1751693239_310_960x0.jpg\" alt=\"Home renovation and construction\" data-height=\"2932\" data-width=\"5132\" style=\"position:absolute;top:0\"\/><\/p>\n<p class=\"color-body light-text\" role=\"button\">Home renovation, repair and construction: isometric model house and tools with copy space<\/p>\n<p>getty<\/p>\n<p>Of course, aiming for better is no bad thing. By improving on great ideas, we can drive progress and develop more tailored solutions. And there have been brilliant, highly successful businesses that have emerged as a result of this philosophy: zoning in on a need and applying tech or better design to make it more efficient, effective or enjoyable.<\/p>\n<p>But, as I covered in my recent piece on <a href=\"https:\/\/www.forbes.com\/sites\/checkwarner\/2025\/04\/24\/why-tech-founders-need-to-get-medieval-about-moat-building\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/checkwarner\/2025\/04\/24\/why-tech-founders-need-to-get-medieval-about-moat-building\/\" target=\"_self\" aria-label=\"moat building\" rel=\"noopener\">moat building<\/a>, the rise of vibe coding and open-source AI means being the \u2018best version right now\u2019 is no longer defensible as a long-term strategy. Betting on being the next best upgrade is a losing game. It leaves your offering just one fix or disrupter away from being replaced.<\/p>\n<p>That\u2019s why VCs like me are turning away from \u201cincremental improvers\u201d in favour of paradigm-shifting experiences; startups who are building something genuinely novel with a user experience that\u2019s 5 or even 10 times better. So if you\u2019re a founder hoping to attract investment, here are three things you can do to demonstrate that you\u2019re more than a fixer-upper.<\/p>\n<p class=\"color-body light-text\" role=\"button\">Computer service and assistance concept with work tool icon on a laptop keyboard 3D illustration.<\/p>\n<p>getty<\/p>\n<p><strong>1. Disrupt, don\u2019t decorate <\/strong><\/p>\n<p>The idea that \u2018disruptors\u2019 have the greatest potential for long-term impact is nothing new. But now, in a market increasingly saturated by \u2018add-on\u2019 technology, it\u2019s more important than ever that founders distinguish themselves from what\u2019s already out there.<\/p>\n<p>That means daring to imagine where technology is heading, not just where it is today. Startups able to do this have a much greater shot at reaching and dominating untapped markets. Revolut\u2019s <a href=\"https:\/\/www.fintechweekly.com\/magazine\/articles\/revolut-value-boosted\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.fintechweekly.com\/magazine\/articles\/revolut-value-boosted\" aria-label=\"$48 billion\">$48 billion<\/a> valuation and Airbnb\u2019s <a href=\"https:\/\/www.statista.com\/statistics\/1193134\/airbnb-revenue-worldwide\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.statista.com\/statistics\/1193134\/airbnb-revenue-worldwide\/\" aria-label=\"$11bn\">$11bn<\/a> annual revenue didn\u2019t come from minor upgrades or applying a bit of polish around the edges. They\u2019re the achievements of founders who believed that things could be done differently to deliver a customer experience that was unlike anything else. And then built platforms that made it a reality.<\/p>\n<p>Perhaps you\u2019re disrupting an industry because you\u2019ve lived its challenges first-hand. This was the case for Molly Johnson-Jones, who co-founded <a href=\"https:\/\/www.google.com\/aclk?sa=l&amp;ai=DChcSEwji8Invld2NAxWhjlAGHYKaG6EYABABGgJkZw&amp;co=1&amp;gclid=CjwKCAjwo4rCBhAbEiwAxhJlCebvbDZENLqpAKQma-AEXH2m8opI1LySXdjh66r8DFhzJhrBihKxsxoCdzsQAvD_BwE&amp;category=acrcp_v1_48&amp;sig=AOD64_38M7YgdfjGFbfAWGSH4Ew1kCMvYA&amp;q&amp;adurl&amp;ved=2ahUKEwiM_oXvld2NAxWNX0EAHfdBEO4Q0Qx6BAgKEAE\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.google.com\/aclk?sa=l&amp;ai=DChcSEwji8Invld2NAxWhjlAGHYKaG6EYABABGgJkZw&amp;co=1&amp;gclid=CjwKCAjwo4rCBhAbEiwAxhJlCebvbDZENLqpAKQma-AEXH2m8opI1LySXdjh66r8DFhzJhrBihKxsxoCdzsQAvD_BwE&amp;category=acrcp_v1_48&amp;sig=AOD64_38M7YgdfjGFbfAWGSH4Ew1kCMvYA&amp;q&amp;adurl&amp;ved=2ahUKEwiM_oXvld2NAxWNX0EAHfdBEO4Q0Qx6BAgKEAE\" aria-label=\"Flexa\">Flexa<\/a> (an Ada portfolio company) after being fired for asking to work from home while managing a chronic health condition. Today, millions of people use the platform to access transparent, verified information on different working environments and cultures, so candidates can find roles that actually work for them. With no predecessor and no playbook, Flexa has carved out a category of its own and become indispensable to modern jobseekers.<\/p>\n<p>Or maybe you\u2019re introducing much-needed digital solutions to fix an age-old analogue problem. Take <a href=\"https:\/\/patchwork.health\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/patchwork.health\/\" aria-label=\"Patchwork Health\">Patchwork Health<\/a> for example. Founded by two NHS doctors who were frustrated by the relentless pressure and lack of flexibility on the frontline, their digital workforce management tools are making sustainable staffing a reality in healthcare. Patchwork\u2019s tech-led approach includes an app which lets clinicians book shifts, request holiday and manage their own schedules all in one place. Meanwhile, managers can view staffing trends and fill vacancies through the same platform. This isn\u2019t just an upgrade, it\u2019s a huge step in modernising a process that\u2019s long been held back by archaic systems, siloed data and painstaking admin.<\/p>\n<p>So if you find yourself saying \u2018we\u2019re the next [insert successful company],\u2019 it\u2019s worth asking: am I a disruptor, or merely a decorator neatly papering over cracks?<\/p>\n<p><strong>2. Uncover, then unlock<\/strong><\/p>\n<p>Fixer-upper founders jostle for space in a market. Real disruptors prise open the doors to places no one has set foot yet. They identify the unmet needs that have existed for so long that everyone else has just taken them for granted. And then they set about solving them.<\/p>\n<p>A great example of this in action is <a href=\"https:\/\/www.adaventures.com\/post\/why-we-invested-valla\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.adaventures.com\/post\/why-we-invested-valla\" aria-label=\"Valla\">Valla<\/a> (an Ada portfolio company). Their AI-powered legal tech platform empowers workers embroiled in employment law disputes to access advice. An estimated <a href=\"https:\/\/www.resolutionfoundation.org\/app\/uploads\/2023\/04\/Enforce-for-good.pdf\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.resolutionfoundation.org\/app\/uploads\/2023\/04\/Enforce-for-good.pdf\" aria-label=\"12.4 million\">12.4 million<\/a> employees are affected by employment law breaches each year. By bringing down costs and democratising access to support, Valla are unlocking a vast, overlooked user base with huge potential for growth. They\u2019re truly offering a type of service that simply doesn\u2019t exist anywhere else today.<\/p>\n<p>Another example, also in the legaltech space, is <a href=\"https:\/\/www.orbital.tech\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.orbital.tech\/\" aria-label=\"Orbital\">Orbital<\/a>. Through machine learning and AI, their platform streamlines the dense, paperwork-heavy processes of property due diligence, giving lawyers an instant view of the risks and red flags buried in leases and deeds. They\u2019re not competing with innovations from last year &#8211; or even from this century. Instead, they\u2019re transforming processes that date back to the Victorian era.<\/p>\n<p>This is what investors like me are after: solutions to long-written-off problems, not face-lifts for challenges that have largely been addressed.<\/p>\n<p><strong>3. Think far, not fast<\/strong><\/p>\n<p>Disruption is not a product, it\u2019s a process. It requires a continued commitment to uncover new market opportunities and develop new solutions for consumers. There is perhaps no greater example of this than the stratospheric rise of Netflix. What began almost 30 years ago as an innovative <a href=\"https:\/\/www.britannica.com\/money\/Netflix-Inc\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.britannica.com\/money\/Netflix-Inc\" aria-label=\"new model for DVD rentals\">new model for DVD rentals<\/a> is now the world\u2019s largest streaming platform; an entertainment behemoth constantly improving to stay ahead of the competition.<\/p>\n<p>Netflix\u2019s dominance isn\u2019t just the result of one good idea, or one small improvement to existing services, it\u2019s a testament to their ability to look ahead. Instead of stopping at streaming (or indeed at rental by post!), Netflix has continued to lead the market with award-winning original content and unique in-app features. The lesson for founders here is clear: success requires you to champion a business model and a mindset that embraces change.<\/p>\n<p>Of course, startups will always need to tinker with existing products and make tweaks to improve their offering. But this shouldn\u2019t come at the expense of thinking big. This is where initiatives such as Google\u2019s famous \u2018<a href=\"https:\/\/www.cnbc.com\/2021\/12\/16\/google-20-percent-rule-shows-exactly-how-much-time-you-should-spend-learning-new-skills.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.cnbc.com\/2021\/12\/16\/google-20-percent-rule-shows-exactly-how-much-time-you-should-spend-learning-new-skills.html\" aria-label=\"20% time\">20% time<\/a>\u2019 policy can be helpful; encouraging teams to regularly focus their efforts on more future-gazing projects, and proving to investors that you\u2019re serious about driving impact.<\/p>\n<p>Fixer-upper founders are stuck in the here and now. They admirably take on the pain points of today, but offer little inspiration for tomorrow. True disruptors don\u2019t just muscle their way into new markets; they create new categories, cater to unmet needs, and put the work in to stay on top. If we\u2019re to address some of society\u2019s biggest challenges, we need more innovators and fewer renovators. And investors have their eyes trained on the difference.<\/p>\n","protected":false},"excerpt":{"rendered":"Faster. Better. Smarter. Smoother. What might sound like a Daft Punk lyric has become something of an anthem&hellip;\n","protected":false},"author":2,"featured_media":239294,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[51,93086,93085,3134,16,15,69648],"class_list":{"0":"post-239293","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-defensibility","10":"tag-disruption","11":"tag-entrepreneurship","12":"tag-uk","13":"tag-united-kingdom","14":"tag-vibe-coding"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114798974941143631","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/239293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=239293"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/239293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/239294"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=239293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=239293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=239293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}