# Top VC Reveals How to Win the AI Game? | OpenAI’s Billion-Dollar Losses ft. Manav Garg

Page: https://stenobird.com/podcast/indian-business-podcast-6894337/top-vc-reveals-how-to-win-the-ai-game-openai-s-billion-dollar-losses-ft-manav-garg
Text version: https://stenobird.com/podcast/indian-business-podcast-6894337/top-vc-reveals-how-to-win-the-ai-game-openai-s-billion-dollar-losses-ft-manav-garg.md
Podcast: [Indian Business Podcast](https://stenobird.com/podcast/indian-business-podcast-6894337)
Published: 2025-12-20T10:21:45+00:00
Episode link: https://podcasters.spotify.com/pod/show/thinkschoolibp/episodes/Top-VC-Reveals-How-to-Win-the-AI-Game---OpenAIs-Billion-Dollar-Losses-ft--Manav-Garg-e3ck2m8
Audio file: https://anchor.fm/s/f4e896f4/podcast/play/112904328/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-11-20%2F414732213-44100-2-f69dbb873e1fa.mp3
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Duration seconds: 3336

## Resource

In this episode of Indian Business Podcast, I speak with Manav Garg, Founder of Together Fund, the VC backing some of India’s fastest-growing AI startups, including Emergent, which scaled to $15M ARR in just 90 days.In this conversation, we discuss- Why most AI startups are being built on negative gross margins Why apps will fade and agents will own users The mental models VCs use to spot hard, non-obvious problems early Why India might be the most underrated AI market globally If you’re building, investing, or trying to make sense of where AI is really headed, this conversation will change how you think.⭐️ Think School’s flagship Communication course with live doubt sessions: https://thethinkschool.com/sp/communication-masterclass/

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