patrick murphy

T2 · manager / operator

Patrick Murphy is a Partner at Tapestry VC, a firm focused on backing repeat founders in Europe. He grew up in Ireland, spent 10+ years in San Francisco investing globally, and recently relocated to London. He has made ~70 investments as a VC, with 7 reaching $100M+ revenue, all having immigrant co-founders. Tapestry just raised an $80M Fund III anchored by British Business Bank.

8 calls·4 names·100% bull·last heard 12 days ago·Scaling Europe

track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company

1sthigh conviction

$HOPPINHoppinposition

Hoppin returns $650M to investors after COVID boom and bust

Johnny Boufarhat grew Hoppin to $100M ARR during COVID, navigated intense free-product competition, made hard wind-down decisions, and returned ~$650M to investors while carving out capital for 1,000+ employees.

Scaling Europe2026-07→

2ndhigh conviction

$NOTHINGNothingposition

Tapestry backs Nothing on repeat founder thesis

Carl Pei's prior experience building a phone business within a conglomerate gave Tapestry confidence he could execute again, leading to over $1B cumulative revenue.

Scaling Europe2026-07→

3rdhigh conviction

$FIN-AIFin AIposition

Fin AI pivots to AI, hits $100M ARR in 2 years, sells to Salesforce

Intercom's veteran founders recognized the LLM shift, refounded the company around AI, burned the old product, and scaled from zero to $100M revenue in two years before a $3.6B exit to Salesforce.

Scaling Europe2026-07→

most discussed · click a bar to filter

recurring themes

8 total

$HOPPIN

Hoppin

HIGHpatrick murphy·Scaling Europe·12 days ago· position

Hoppin returns $650M to investors after COVID boom and bust

"we were a seed investor in Hoppin alongside some other great funds. And there was huge growth from zero to 100 million of ARR during COVID. And that also inspired a thousand compe…"

5:07

$LIME

Lime

MEDpatrick murphy·Scaling Europe·12 days ago

Lime cited as global-first European infrastructure play

Lime's largest markets are European cities where it has become core urban mobility infrastructure, demonstrating European-built companies can own global physical networks.

"you look at a company like Lime, right? Wayne is good friend, the CEO. And congrats to them on like a great exit, same with Luke and the team at Bending Spoons. Lime's biggest mar…"

24:24

$NOTHING

Nothing

HIGHpatrick murphy·Scaling Europe·12 days ago· position

Tapestry backs Nothing on repeat founder thesis

Carl Pei's prior experience building a phone business within a conglomerate gave Tapestry confidence he could execute again, leading to over $1B cumulative revenue.

"he had basically built an entire phone business before personal electronics business within a larger conglomerate and his success was amazing. I knew him socially and when he left…"

2:47

$FIN-AI

Fin AI

HIGHpatrick murphy·Scaling Europe·12 days ago· position

Fin AI pivots to AI, hits $100M ARR in 2 years, sells to Salesforce

Intercom's veteran founders recognized the LLM shift, refounded the company around AI, burned the old product, and scaled from zero to $100M revenue in two years before a $3.6B exit to Salesforce.

"the team there, Des and Eoin uh and Kieran, the co-founders, they had built Intercom over 15 years today. Um but they saw the opportunity coming from LLMs and AI and said, "Okay,…"

4:05

$HOPPIN

Hoppin

HIGHpatrick murphy·Scaling Europe·12 days ago· position

Hoppin returned $650M to investors after COVID boom/bust, founder prioritized employee payouts

Johnny built Hoppin to $100M ARR during COVID, acquired 4-5 competitors, but when the market turned he made hard decisions to return ~$650M to investors and carved out capital for 1000+ employees, demonstrating exceptional founder integrity and capital discipline.

"he did an incredible job competing in that market. He bought, I think, four, five companies... when the market decided that this was not going to be... as great a profitable long-…"

5:07

$NOTHING

Nothing

HIGHpatrick murphy·Scaling Europe·12 days ago· position

Tapestry backs Nothing on repeat founder Carl Pei's consumer hardware track record

Carl Pei had already built a phone business within a larger conglomerate and brought his team with him, giving Tapestry high conviction to invest despite consumer hardware being typically avoided by VCs; Nothing has since achieved over $1B cumulative revenue.

"he had basically built an entire phone business before personal electronics business within a larger conglomerate and his success was amazing... knowing that he had already done t…"

2:47

$FIN-AI

Fin AI

HIGHpatrick murphy·Scaling Europe·12 days ago· position

Fin AI refounded around LLMs, scaled 0 to $100M ARR in 2 years, sold to Salesforce for $3.6B

The Intercom founders (Des, Eoin, Kieran) had 15 years of experience building a SaaS company, recognized the LLM shift early, bet the company on AI, and executed a successful pivot from zero to $100M revenue in two years before a $3.6B exit to Salesforce.

"they saw the opportunity coming from LLMs and AI and said, okay, what is this going to do for our business? And they had enough experience to basically refound the company around…"

4:04

$LIME

Lime

MEDpatrick murphy·Scaling Europe·12 days ago· position

Lime's core markets are Europe (London, Paris), providing critical urban infrastructure

Lime's largest markets are European cities where it has become essential transportation infrastructure (e.g., during tube strikes), proving European cities can be primary markets for global mobility companies.

"Lime's biggest markets are in Europe, right? Like I think it was Paris, it's now London and Paris. And that's core infrastructure for how a city works... we had tube strikes, ever…"

24:34