Investing in the next wave of companies with community at their core across Europe + the US.

Mostly London
Joined July 2021
love how deeply @ellipsus_writes understand their community + online writing behaviours scribble fonts; write fast without getting in your head (plus write 🌶️ at the coffee shop with privacy?). 20m words a day now - so many more billions to come
You unearthed our magic relic—Scribbles Font—and now you’re possessed, the words as though summoned from the depths… In the spirit of sorcery, we’re keeping the incantations coming: enjoy EIGHT new free fonts, FOUR of which are ENTIRELY ILLEGIBLE… just the way you like them! Sans. Unique. Serif. Monospaced. Flow circular. Libre barcode. Yardings 13. and… Scribble. Try ‘em out #scribblefont #redacted
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Old media playbooks; one channel, one format, limited biz models New media realities; creators as studios, IP from/for everywhere, audiences as distributors, new biz models incoming As a media obsessive, excited to interview Julia Whitney who led iconic BBC iPlayer @meetgranola
We live in an incredible era. Every day something launches that looks wicked, and I feel like I’m constantly playing catch up just to keep up. In a weird way, all of this has got me looking back at the earlier days of the internet, and wondering which lessons from that era still feel timeless. That’s the idea behind Internet Icons at @meetgranola, a new event series celebrating the pioneers whose work still shapes the internet today. First up in London 🇬🇧 - @EbenUpton, co-founder & CEO @Raspberry_Pi, the affordable little computer that got millions of kids (and plenty of grown-ups) tinkering, coding and building. - Julia Whitney, who led design for the original BBC iPlayer during her eleven years at the BBC, as people’s media habits shifted from radio and TV to online, then mobile. - @veen, co-founder & CEO of Typekit. Hard to imagine now, but websites used to be stuck with the same handful of fonts. Typekit changed that, and it’s part of the reason the web stopped looking so uniform and people could bring some individuality to their corner of it.
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congrats to @_CommonMagic portfolio company @trailML on joining @collibra trail treated governance as a technical problem. Collibra sit at the centre of data governance; with trail, they can extend that logic into AI systems in production for faster, better, safer deployments
Collibra@collibraOct 5
We've acquired trail ML, a Munich-based #AI governance company, to strengthen how we help organizations scale. Read the full announcement: ow.ly/Ur5R50ZUrrf #AIGovernance #EnterpriseAI
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Every day 20 million words are written on @ellipsus_writes. Both - AI will power the world And Generational companies will exist as AI-free zones Writing is thinking, creation is collaborative. Ellipsus is the very best at both 🔥
Line go up big time. (Nearly 8M documents!) 😍 Btw, if you’re not already following us on Instagram and Tiktok, consider it! Memes, product vids, community takes—we’re sharing it all. Instagram: instagram.com/ellipsuswrites Tiktok: tiktok.com/@ellipsus_writes
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love this @lukas_m_ziegler @_auar ship robotic microfactories to site. Systems smart enough to sense + adapt, rethinking where factories live and making industrialised production flexible, local, on demand. First up; fix housing. Super technical team, customer obsessed, HIRING!
The factory arrives in a shipping container! 🏗️ I had a chance to meet and talk to Mollie Claypool, CEO and co-founder of @_auar, in London. What they ship to a builder's site is a robotic microfactory inside a container. It builds the entire structure of a home, and Mollie put a range on it I hadn't heard before: anything from a single storey up to six or seven. Her framing is industrialised production delivered on site, on demand, wherever it's needed and when it's needed. The software is called MasterBuilder, and she calls it the brain of the microfactory. It takes a home builder's design, translates it into everything the microfactory needs to manufacture it, then drives the production itself. The part I pushed on is why the facility doesn't look like conventional industrial automation, and the answer turned out to be the material. Timber has bow. It has twist. It has bits taken out of it. Every board is slightly wrong in its own way, and a fixed program has no answer for that. MasterBuilder senses the environment and the material it's touching, and reacts in real time to whatever is actually in front of it. That's the line between automation and physical AI, drawn in a material people have been building with for thousands of years. Thanks Mollie for the time, and for explaining it that clearly 👏🏼 Always hypnotizing to see @ABBRobotics robots work in new industries ;) ~~ ♻️ Join the weekly robotics newsletter, and never miss any news → ziegler.substack.com
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Small funds back what large funds can't or won't We're risk takers + a core part of the scene And UK needs smarter regs for smaller alt investments funds. Thanks @credistick for working out a better path - signed this open letter via @_CommonMagic alongside many smart friends
For 13 years, the UK has regulated alternative investment funds, including venture capital, with a view to protecting investors — without exceptions for strategy. The result is that failure has become more costly, barriers to entry are higher, and failure no less common. This is a systematic drag on the UK venture industry, which we would like to see corrected. Consider the debut funds of many legendary firms, and how many were in the $5–10M "micro VC" range. Indeed, @seedcamp's Fund I was just €2.5M, and their Fund II just €5.2M; they are now one of the most important early-stage firms in Europe. That small initial scale is what allowed LPs to test their ability without putting too much at risk; the power of cheap experiments with huge upside. It also enables a broader distribution of capital; casting a wider net. Today, micro VC is effectively prohibited in the UK, because of the cost imposed by regulation. For example, admin and compliance would consume about 20% of a £5M fund, and about 11% of a £10M fund — versus 3.5–6% for a US equivalent. This cost raises the hurdle for viable fund size, concentrating capital into fewer firms with a broadly lower risk appetite and weaker coverage. It is a structural leakage of value. The ironic result of legislation intended to protect investors. However, there is a solution: The Exempt Reporting Adviser regime was desgined precisely to eliminate this burden in the US, and that ecosystem has since benefitted from a fertile market for small and emerging managers — broadly outperforming their established peers. Applying a similar concept to the UK would be straightforward, essentially cost-free, and actually improve the regulator's view of the market. This is the basic outline of our proposal, as a response to the current AIFM consultations. We have prepared a policy document and an open letter, signed by organisations across the industry, including: - @join_ef - @formventureshq - @Mountside_V - @Beauhurst - @isomercapital - @AntlerGlobal - @seedcamp - @MozillaVentures - @joinsequel - ...and many more. If the UK is to meet the stated goal of "growth in every postcode", or growth in ANY postcode, it is vital that opportunities like this (sensible deregulation to boost growth) are seized. Read more here: blog.joinodin.com/p/reformin… Sign the letter: aifm.joinodin.com/
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Compute constraint #1 issue across @_CommonMagic portfolio Existential issue for startups, especially in Europe If I ran a huge AUM fund I would literally buy a bunch of GPUs for my portfolio
The GPU market right now is pure financial engineering. You can't get them on demand. So you sign a 3-year contract. But to get that contract, you need to put 30% down upfront. Most companies can't do that. So they find someone who can. - that person puts down your 30% - you sign the 3 year contract - your payments cover the entire cost of the GPU plus some - the person who put down your deposit owns the gpu outright So basically they took on zero hardware risk, got paid back entirely through your contract, and even kept the asset at the end. It's not a chip shortage anymore. Everywhere I see it's a capital access problem. If you have the 30% money, you're literally printing it right now. If you don't, you can't even get in the door.
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Hello! I'm looking for someone extremely online to help two frontier @_CommonMagic portfolio companies share what they do on socials. UK/UK timezone, ideally solo or small agency, content to video DMs open!
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Picnic. Saturday. Hyde Park. 12pm-5.30pm. I'm feeling optimistic. That we'll see you there. #Londonmaxxing #Picnicmaxxing
In just 5 days, over 1,000 optimists will gather for Britain's most optimistic gathering in a generation: The Optimistic Picnic. If you haven't already: 1. Sign up: luma.com/pic-nic 2. Invite your friends and family 3. Register to volunteer
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Whatever your persuasion, you’re going to be more honest in conversation held in confession booths. A conversation with @aishdoingthings at Stella on where AI wealth goes and what we can learn from last waves of tech philanthropy
back with more confessions 🤫 this week with @sarahdrinkwater prev of Omidyar Network on power and patronage analogue.press/p/confessions…
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Common Magic retweeted
Britain is full of optimists We're just terrible at admitting it. Join hundreds of fellow optimists for a giant picnic in Hyde Park as we co-host with some great company. Bring a picnic blanket & prep for a good chat! 🧺🍓 luma.com/pic-nic?tk=aJz11x
On the 5th of September, I'm throwing the most optimistic gathering London has ever seen - a giant picnic in Hyde Park for everyone who's tired of being told the future is doomed. There won't be any speeches, or an agenda. Just bring a blanket, some food, and someone who needs cheering up. Brought to you by: @ForestCityUK @lfg_uk @unicorn_mafia @Londonmaxxing @effectiveaccel @_CommonMagic @vcodersglobal @DeepTechLondon @LouisElton96 @sotalikesfuture
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Trust = eternal @_CommonMagic investing theme We pay for products + companies that give us the security we need or space to escape Fascinating scams rose just as botox/GLP-1 meant you couldn't trust yr friends would look the same On the tax on trust: sarahdrinkwater.substack.com…
my new investment thesis is to fund TRUST. everything is a scam right now and i'm sure the pendulum will swing back hard. What are tools/products/devices that give consumers and businesses a sense of trust?
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I love helping exceptional founders + operators. Often they ask: How do I raise for this? Can you give me feedback on this idea? Scaleup, frontier lab or founder? Using #londonmaxxing ~VC summer~ to open up office hours. Book here: cal.com/sarahdrinkwater/summ…
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2026 has felt very urgent; how alluring for someone to say "we've bought an ex-nunnery on Lake Lucerne to turn into an R&D hub for thinkers + builders. do you want to come for some of July?" A scene report on Stella sarahdrinkwater.substack.com…
something beautiful's starting at Stella
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On the 5th of September, I'm throwing the most optimistic gathering London has ever seen - a giant picnic in Hyde Park for everyone who's tired of being told the future is doomed. There won't be any speeches, or an agenda. Just bring a blanket, some food, and someone who needs cheering up. Brought to you by: @ForestCityUK @lfg_uk @unicorn_mafia @Londonmaxxing @effectiveaccel @_CommonMagic @vcodersglobal @DeepTechLondon @LouisElton96 @sotalikesfuture
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Build the machine 🔥 Banging set of pro-Europe pro-tech pro-abundance merch including the most delicious AUAR poster (@_CommonMagic portfolio) which I have snapped up fast Get yours before stocks run out ✌
We think Europe needs more pro-European, pro-tech, pro-abundance, pro-optimism propaganda. So we made it. Posters, t-shirts, hoodies. Full-on propaganda. We've been handing them out at robotics meetups and clubs all over Europe for weeks, and people love them. Why we are doing this: Europeans know more about the companies in the States than the ones right here at home. We need to change that. Time for propaganda. Every poster features a real European company: 🦾 Allonic is braiding humanoids. A completely new approach to building robotic parts. If it works, a number one company worldwide, right here in Europe. 🚜 Voltrac, the electric autonomous tractor (we made a whole video about them). 🏗️ Automated Architecture (AUAR), doing micro-factories for wooden houses.  🪨 Gondor Industries, a stone mason company using robotics. And many, many more to come. This is the first of many drops. More launching in the next few weeks, including flags, EU posters and more. 👉 Get yours at prototype-shop.com For Europe 🇪🇺🔥 PS: If you're organizing a robotics event or meetup, have a student club or hacker space, comment or message us and we'll send you a swag box.
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Governments are one of the world’s biggest customers working on the most complex problems. They're using some of the worst software you ever saw. Until now. AI enables next wave of govtech; it will be led by @BuildXylo. Proud investor with @_CommonMagic
A UK AI startup has just raised a £2.8m pre-seed to make planning applications faster and more accurate. This is exactly what we need to get Britain BUILDING. The planning process is one of the biggest bottlenecks in getting things built in the UK. The team at Xylo have built agents that are massively reducing the workload of planning agents, enabling their work to get faster and more accurately. It has been working with, and building the technology alongside, Leeds City Council. Today it has announced a £2.8m pre-seed led by CapitalT, with backing from @sarahdrinkwater, SVV, @tinyvc and Endurance Ventures. LETS GO I LOVE to see AI companies build tools that can have huge public benefits and Xylo is one. Congrats @Dermot_Oriordan and Habs Isabelle Kim!
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Your job as an emerging manager is to have strong opinions about the future + pursue them relentlessly Always love nerding out with @ry_paddy @JoinOdin on venture capital now + next (it was cold enough a few weeks ago to wear a tank top?!)
In this episode of Going Solo, @ry_paddy sits down with @sarahdrinkwater, GP at @_CommonMagic; a pre-seed fund launched in 2023 that invests in products with community at their core. Before Common Magic, Sarah built one of Europe's most influential startup communities as head of Google Campus London and had been angel investing for many years. 01:22 - The joy of being a solo GP 03:07 - Organisations as world models 05:46 - The energy required to raise a fund 08:56 - Community as a core thesis 11:22 - "Brand" for solo GPs 14:35 - Getting out of the VC-shaped box 18:15 - Why this, why now? 19:57 - Investing like an angel 24:20 - The hardest problems are social 29:00 - Do one thing really well 35:52 - The valley of death for European VC 39:54 - Outsiders make great first-time GPs 43:00 - The world in 10 years 43:50 - Shoutouts to @MayaBakhai and @FinnMurphy12 46:04 - The joy of many careers
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The world right now needs beautiful audacity like Forest City, the first city to be built in the UK for decades Great writeup! Proud @_CommonMagic portco auar.io will partner on home construction. Robotics for the real world 🦾 @GillesRetsin @mollieclaypool
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why agents need typed graphs to coordinate /w Andrew and Ragnor from Modern Relay, an agent substrate layer built on open-source infrastructure like Lance, Arrow, and DataFusion Timestamps: (0:00) Why build a graph database for agents? (5:43) Why not Postgres or any other relational database? (17:03) The composable "company brain" substrate for agents (20:51) Need for agent guardrails (e.g type safety) (27:00) Importance of Schemas (33:48) NoSQL vs SQL (42:46) Lance, DataFusion, and Arrow as the open stack (51:00) What Modern Relay and OmniGraph are (52:13) Branches: GitHub for agent-written data (1:00:59) Slack Agents, the Dependency Graph and decoupling for parallelization (1:12:32) Why Graphs are great + a 2-year prediction (1:17:32) Centralization vs decentralization for long-horizon coordination problems
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