Spotting Trends in AI, Robotics, and Space – Finn Murphy’s Investment Playbook on building Nebular as a Solo GP

13/06/2025 54 min
Spotting Trends in AI, Robotics, and Space – Finn Murphy’s Investment Playbook on building Nebular as a Solo GP

Listen "Spotting Trends in AI, Robotics, and Space – Finn Murphy’s Investment Playbook on building Nebular as a Solo GP"

Episode Synopsis

In this episode of Unicorn Bakery, Mike Mahlkow sits down with Finn Murphy, General Partner at Nebular, to discuss how Finn identifies emerging trends and invests in founders building the future. Finn shares his philosophy of investing 12-18 months ahead of the market, focusing on areas like AI, robotics, space-based data centers, and quantum computing.

Finn discusses the challenges of being a solo GP, how he balances managing his fund while supporting founders, and why curiosity and a deep understanding of technology are essential to his approach. He also dives into the differences between the European and US startup ecosystems, the role of founders in driving innovation, and why building trust is essential in venture capital.

What you’ll learn:

The Nebular Approach to Venture Capital:



How Finn invests in trends 18 months ahead of the market and supports founders working on cutting-edge ideas




Why Nebular focuses on early-stage startups at the pre-seed and seed stages




Spotting Trends in Emerging Technologies:



The importance of intellectual curiosity in identifying trends like AI applications, edge computing, and robotics




How Finn evaluates founders working in niche, unexplored areas




The Role of a Solo GP:



The challenges of running a venture fund solo, from fundraising to supporting portfolio companies




Why building trust with founders is critical to winning deals and creating long-term relationships




US vs. European Startup Ecosystems:



Key differences in funding, risk-taking, and founder mindsets between the US and Europe




Why American investors tend to back founders earlier and take bigger risks compared to their European counterparts




Support and Accountability for Founders:



Why Finn believes in being a partner to founders rather than trying to impose solutions




How founders can hold themselves accountable and build trust with their investors




Talent and Culture in Startups:



The importance of ownership and equity in attracting and retaining top talent




Why creating a high-performance culture is essential for startup success




ALL ABOUT UNICORN BAKERY:

https://zez.am/unicornbakery 

Where to find Finn:

LinkedIn: https://www.linkedin.com/in/finn-murphy-16160465/ 

Website: https://www.nebular.vc/ 

More about Mike:

LinkedIn: https://www.linkedin.com/in/mikemahlkow/ 

Website: https://fastgen.com

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Chapters:

(00:00:00) Who is Finn Murphy and what does Nebular do?

(00:06:03) Business first vs. founder first - how is Finn meeting the right people?

(00:10:39) Finn's framework for prioritizing

(00:15:59) Advantages of a Solo-GP

(00:22:04) The European Ecosystem vs. the US-Ecosystem

(00:28:44) Which founder should stay in Europe/which one should try the US?

(00:36:00) The difference in terms of compensation

(00:40:46) Equity & Salary: Costs, differences, problems

(00:45:58) Overworking, 6-day-work-policy: The Learnings for Hiring

(00:50:21) Finn's "What gets you going?"

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