P511 - The three horizon mindset - how visionary founders win big, with Chris Tottman, General Partner, Notion Capital

The journey from startup to global category leader is a daunting
task, for a million or less in revenues, when we might invest 100
million revenues, or more, in less than ten years. This is what
VCs hope to find, and it’s what many founders plan to achieve.
There are strategic challenges of balancing short term
operational excellence, with long term transformation and
category dominance. One of the most enduring frameworks for this
is the McKinsey three horizons, which describes optimising for
current performance while maximising future opportunity.


Highlights:
- Three horizons is a powerful way to combine short term
execution with long term vision.
- Feeling comfortable in the grey area between the present and
the future.
- There can be such a thing as too much vision!
- Getting the right balance of mindset & resources between
the three horizons is critical.


Chris Tottman is one of the founders of
Notion Capital, but also one of the founding
members of MessageLabs, a tech company that went from an idea in
2000 to more than 600 people and $150m in recurring revenue in
eight years before its acquisition by Symantec. Amongst many
other responsibilities at MessageLabs, Chris oversaw nearly every
single senior hire, shaping the leadership team and
organisational structure.


Since then, over the last ten years with Notion Capital, he’s
been investing in SaaS founders to help shape their vision,
nurture their ambition and, critically, help them hire ever more
extraordinary people. An original thinker in a traditional
industry, he uses the three horizon framework to help the
founders that he invests in build big, beautiful and enduring
companies.


A conversation with Stephen Millard, and Paul Papadimitriou.


Read more:
https://notion.vc/resources/the-three-horizon-mindset-how-visionary-founders-win-big/