Steven Bartlett (businessman) facts for kids
Quick facts for kids
Steven Bartlett
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Bartlett in 2024
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| Born |
Steven Cliff Bartlett
26 August 1992 |
| Nationality | Botswana-British |
| Occupation |
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| Known for | Social Chain Dragons' Den The Diary of a CEO Thirdweb |
| Awards | Forbes 30 Under 30 (2020) |
| YouTube information | |
| Years active | 2019–present |
| Genre | Podcasting |
| Subscribers | 8.39 million |
| Total views | 601.2 million |
| Subscriber and view counts updated as of 04 December 2024. | |
Steven Cliff Bartlett (born 26 August 1992) is a British entrepreneur, investor and podcaster. He founded the social media marketing company Social Chain in 2014, and in 2017 started the The Diary of a CEO podcast, which is one of the world's most listened-to podcasts. Spotify Wrapped ranked it in the top 5 most popular podcasts globally in 2024. In 2021, he began appearing as an investor on the BBC One show Dragons' Den. He is the founder of Flight Group which consists of Flight Studio, Flight Fund, Flight Story, Flight Books. He is also the founder of Thirdweb.
Contents
Early life and education
Steven Cliff Bartlett was born on 26 August 1992 in Botswana to an English father and a Nigerian mother. His mother left school aged seven and could not read or write; his father is a structural engineer. He moved to Plymouth, England at the age of two, where he grew up, attending a secondary school, Plymstock School, and a sixth form. He went to study at Manchester Metropolitan University, but dropped out after one lecture.
Career
In 2013 Bartlett founded Wallpark, an online messaging board. In 2014 he co-founded Social Chain, a social media marketing company based in Manchester, England, United Kingdom, along with Dominic McGregor, but stepped down as CEO in 2020.
In 2019, the Financial Times reported that Bartlett and Wanja Oberhof would jointly manage Social Chain AG, which was valued at €186M at the time that it merged with Lumaland. In 2019 Social Chain and German online retailer Lumaland merged to become The Social Chain AG, listing on Xetra and the Düsseldorf Stock Exchange. The listing valued the business at over $200 million. In November 2021, Social Chain AG moved to the Frankfurt Stock Exchange's prime standard reaching a valuation of $600 million. As of June 30, 2022, Social Chain AG (the holding company) consisted of 64 companies according to its half-year financial report. Bartlett's website initially said that he founded a $600 million company. However, The Times reported that Bartlett had left the business at the time of the second listing. Bartlett noted to The Times that he retained a "significant" shareholding in Social Chain AG at the time of the second listing and that he was under contract to work for the company "on a range of strategic matters" at the time of the $600m valuation, including the up-listing to the Prime Standard of the Frankfurt Stock Exchange, for which he received a "further package of virtual shares/options". Bartlett's original company Social Chain Ltd. was later sold for £7.7m.
The Diary of a CEO podcast
Bartlett has produced the The Diary of a CEO podcast since 2017 where he interviews guests, including Simon Cowell, Jada Pinkett Smith, Boris Johnson, Seth Rogen, Maisie Williams, Thierry Henry, and Richard Branson. By the early 2020s, The Diary of a CEO was one of the world's most listened-to podcasts, ranking #5 in the topmost listened podcasts of 2024 on Spotify. In 2023, according to a podcast chart, The Diary of a CEO had the second largest weekly audience in the United Kingdom.
Bartlett has been described as taking a largely apolitical stance on the podcast. He has been criticized for having alternative medicine-related guests on his podcast whose assertions are not backed by, or contradict, scientific evidence, and having other guests that promote medical misinformation without any serious pushback by Bartlett. A 2024 analysis of 15 health-related episodes by the BBC found an average of 14 misleading health statements per episode, including unsupported treatments for cancer and anti-vaccine conspiracy theories. A spokesperson for Mr Bartlett's said: "The Diary of a CEO is an open-minded, long-form conversation with individuals identified for their distinguished and eminent career and/or consequential life experience." They heard a range of voices, they said, "not just those Steven and the Diary Of A CEO team necessarily agree with". The BBC investigation had reviewed a "limited proportion of guests" out of the nearly 400 broadcasts to date, they added.
Dragons' Den
Bartlett joined the long-running investment reality television program, Dragons' Den, in 2021. He was one of the five titular "dragon" investors to which aspiring entrepreneurs pitch their ideas/products and at the time the youngest to appear on the show. In 2024, Bartlett was involved in controversy for investing in "Ear Seeds", an acupuncture product pitched on the program which falsely claimed to be able to cure Myalgic encephalomyelitis/chronic fatigue syndrome, a debilitating, chronic condition that is currently considered incurable.
Projects
Thirdweb
Thirdweb, a Web3 startup founded by Bartlett, raised $5m in seed investment, and an additional $24 million in 2022, nine months after going live. The Series A funding round valued the startup at $160 million. The funding was led by Katie Haun's $1.5 billion crypto fund, with participation from investors including Coinbase Ventures, Shopify, and Polygon. The company aims to simplify the process of building decentralized applications on the blockchain.
Flight Fund
In January 2023, Bartlett launched Flight Fund, a $100 million fund for tech investment. The fund claims to support diverse founders and high-growth startups in blockchain, biotech, health, commerce, technology, and space sectors. The fund had a stated goal to invest in around 20 companies, offering small stakes at discounted valuations in exchange for support from previous founders who are limited partners in the fund. According to a report in The Times, Flight Fund had received criticism over a lack of transparency regarding its portfolio.
Advertising guidelines breaches by or featuring Bartlett
The BBC, which currently airs The Dragons' Den, reprimanded Bartlett in 2022 for breaching BBC guidelines on advertising after wearing jewelry on the program of a brand which he promoted in posts on social media. In a statement, they told the Radio Times: "We have clear guidelines around talents' commercial activity while working with us. Steven has been reminded of the guidelines." In a statement, Bartlett addressed the issue, adding: "This was a genuine oversight on my part. The posts have now been taken down."
The Advertising Standards Authority (ASA) took action against Bartlett in August 2022 for breaching the CAP Code (Edition 12) rules 2.1, 2.3 and 2.4, in which he advertised the meal replacement firm Huel on his The Diary of a CEO podcast without clearly disclosing its nature as an advertisement. The ASA ruled that the advertisement must not appear again in its current form and subsequently advised Bartlett and Huel to "ensure that they made clear the commercial intent of advertising content in podcasts in future, for example by including a clear and prominent identifier such as 'advertisement' and making sure the break from editorial content to the ad was clearly and audibly identified."
In August 2024, advertisements featuring Bartlett by Zoe and Huel were banned by the advertising standards authority because they did not properly disclose their relationship with Bartlett.
Books
..... In 2023 Bartlett released his second book, The Diary of a CEO: The 33 Laws of Business and Life, where he recollects topics from the podcast of the same name and condenses it into a published print version. The Diary of a CEO: The 33 Laws of Business and Life was shortlisted at The British Book Awards for Book of the Year after it became the fastest-selling personal development book since records began.
Other activities
In 2019 he featured in the Channel 4 series The Secret Teacher, going undercover at a school near Liverpool as a teacher.
He created the private equity company Catena Capital, in December 2020 then joined the board of directors of Huel, a meal replacement company, as a non-executive director.
In September 2023, Bartlett accompanied William, Prince of Wales, on Royal visits in Bournemouth after being announced as an advocate of his foundation, Homewards. During his early years Bartlett moonlighted as a rapper under the moniker "Lyricist".
