Thomas Cuvelier is a Partner at RTP Global, the $1B early-stage fund investing globally across Europe, US, and India.

RTP Global was built on the back of one outsized bet: Datadog — a few million dollars turned into a fund-defining outcome.

Thomas has invested in Lovable (pre-seed), Next Insurance, Creative Fabrica, and Stoic, among others.

In this episode we discuss:

  • Why SaaS is not dead — but mediocrity is
  • Why first-mover advantage is gone and what actually creates a moat in 2026
  • How to assess founder quality before there's a product
  • The buy vs build equation in the age of AI
  • Where Thomas is placing his bets in the next 5 years: robotics, pharma, industrials

Enjoy!

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