# The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

Page: https://stenobird.com/podcast/twenty-minute-vc
Text version: https://stenobird.com/podcast/twenty-minute-vc.md
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Official site: http://www.thetwentyminutevc.com/
Author: The Twenty Minute VC
Episodes: 1462

## Resource

The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman. If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.

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Markdown: https://stenobird.com/podcast/twenty-minute-vc.md

## Episodes
- [20VC: OpenAI & SpaceX S1 Drops | NVIDIA's $81BN Revenue Quarter | Cloudlfare and ClickUp Do Controversial Layoffs | Exa, OpenRouter and Polsia Raise Mega Rounds | Uber and Microsoft Declare AI ROI for Developers is Questionable](https://stenobird.com/podcast/twenty-minute-vc/20vc-openai-spacex-s1-drops-nvidia-s-81bn-revenue-quarter-cloudlfare-and-clickup-do-controversial-layoffs-exa-openrouter-and-polsia-raise-mega-rounds-uber-and-microsoft-declare-ai-roi-for-developers-is-questionable) — 2026-05-28T07:07:00+00:00
- [20VC: Cerebras CEO on the Future of Data Centres, Token Costs and Memory | We are Not in an Infra Bubble & Dario Got a Bad Deal with Elon for Compute | Should US Companies Sell to China & Why Most Layoffs are AI Washed with Andrew Feldman](https://stenobird.com/podcast/twenty-minute-vc/20vc-cerebras-ceo-on-the-future-of-data-centres-token-costs-and-memory-we-are-not-in-an-infra-bubble-dario-got-a-bad-deal-with-elon-for-compute-should-us-companies-sell-to-china-why-most-layoffs-are-ai-washed-with-andrew) — 2026-05-26T07:07:00+00:00
- [20Sales: The $100M CRO Bubble: Why Anthropic Are Causing a Comp Crisis | Why You Should Never Hire From Salesforce or Service Now | How to Hire, Train and Forecase in a World of AI with Chad Peets and Chris Degnan](https://stenobird.com/podcast/twenty-minute-vc/20sales-the-100m-cro-bubble-why-anthropic-are-causing-a-comp-crisis-why-you-should-never-hire-from-salesforce-or-service-now-how-to-hire-train-and-forecase-in-a-world-of-ai-with-chad-peets-and-chris-degnan) — 2026-05-23T07:07:00+00:00
- [20VC: Andrej Karpathy Joins Anthropic & Anthropic Raises $30BN at $900BN Price | SpaceX Files S1: How Does it Trade | Cerebras Smashes Day 1: What it Means for IPOs | Why Mass Layoffs Are More Worrying Than Anyone Sees](https://stenobird.com/podcast/twenty-minute-vc/20vc-andrej-karpathy-joins-anthropic-anthropic-raises-30bn-at-900bn-price-spacex-files-s1-how-does-it-trade-cerebras-smashes-day-1-what-it-means-for-ipos-why-mass-layoffs-are-more-worrying-than-anyone-sees) — 2026-05-21T07:07:00+00:00
- [20VC: Turning Peter Thiel's $100K into $10M Angel Portfolio | The One Man Accelerator at The Four Seasons | Why VCs Can Be Sharks and What Founders Need to Know | Why Stocks and Cash are BS and You Should Invest in Land with Josh Browder](https://stenobird.com/podcast/twenty-minute-vc/20vc-turning-peter-thiel-s-100k-into-10m-angel-portfolio-the-one-man-accelerator-at-the-four-seasons-why-vcs-can-be-sharks-and-what-founders-need-to-know-why-stocks-and-cash-are-bs-and-you-should-invest-in-land-with-josh) — 2026-05-18T07:07:00+00:00
- [20VC: Lessons from Jensen Huang on "Founder Mode" | How to Know if OpenAI or Anthropic Will Kill your Company | How USV Liking Music Made Them $1BN on an Investment | The Five Year Desert to Product Market Fit & a $5.3BN Valuation with Shiv Rao @ Abridge](https://stenobird.com/podcast/twenty-minute-vc/20vc-lessons-from-jensen-huang-on-founder-mode-how-to-know-if-openai-or-anthropic-will-kill-your-company-how-usv-liking-music-made-them-1bn-on-an-investment-the-five-year-desert-to-product-market-fit-a-5-3bn-valuation-wi) — 2026-05-16T07:07:00+00:00
- [20VC: Anthropic Buys Compute From Elon & Commits $200BN to Google | Cerebras IPO: The Breakdown | Ramp's $40BN Latest Valuation | Hubspot Tanks, Monday Rockets: WTF is Happening in Public Markets](https://stenobird.com/podcast/twenty-minute-vc/20vc-anthropic-buys-compute-from-elon-commits-200bn-to-google-cerebras-ipo-the-breakdown-ramp-s-40bn-latest-valuation-hubspot-tanks-monday-rockets-wtf-is-happening-in-public-markets) — 2026-05-14T07:07:00+00:00
- [20VC: Inside Legora: $100M ARR in 18 Months | Jude Law Generated $50M in Sales Pipeline: The Economics Broken Down | Competing Against Harvey, the 800 Pound Gorilla | Why Legora is Undervalued at $5.5BN with Patrick Forquer, CRO @ Legora](https://stenobird.com/podcast/twenty-minute-vc/20vc-inside-legora-100m-arr-in-18-months-jude-law-generated-50m-in-sales-pipeline-the-economics-broken-down-competing-against-harvey-the-800-pound-gorilla-why-legora-is-undervalued-at-5-5bn-with-patrick-forquer-cro-legor) — 2026-05-11T07:07:00+00:00
- [20VC: What I Learned from 100 of the Best CEOs in the World | What I Learned from Staying with Mr Beast for 3 Weeks | How We Will Spend More on Tokens than Salaries with Cliff Weitzman, Speechify](https://stenobird.com/podcast/twenty-minute-vc/20vc-what-i-learned-from-100-of-the-best-ceos-in-the-world-what-i-learned-from-staying-with-mr-beast-for-3-weeks-how-we-will-spend-more-on-tokens-than-salaries-with-cliff-weitzman-speechify) — 2026-05-09T07:07:00+00:00
- [20VC: Mag7 Earnings: Google & Amazon Win - Meta and Microsoft Falter | Anthropic's $50BN Raise & What it Means for a Potential IPO | Atlassian, Twilio and Five9 Beat: The SaaS Apocalypse Over? | Sierra's $15B Valuation: Peak or Potential](https://stenobird.com/podcast/twenty-minute-vc/20vc-mag7-earnings-google-amazon-win-meta-and-microsoft-falter-anthropic-s-50bn-raise-what-it-means-for-a-potential-ipo-atlassian-twilio-and-five9-beat-the-saas-apocalypse-over-sierra-s-15b-valuation-peak-or-potential) — 2026-05-07T07:07:00+00:00
- [20VC: Shopify's Tobi Lütke on How AI is a Scapegoat for Mass Layoffs & What Will Labour Markets Be in the Future | Why We Need More Scrutiny on Charitable Giving, Governments are Bad at What They Do and Trump Derangement Syndrome in Canada](https://stenobird.com/podcast/twenty-minute-vc/20vc-shopify-s-tobi-l-tke-on-how-ai-is-a-scapegoat-for-mass-layoffs-what-will-labour-markets-be-in-the-future-why-we-need-more-scrutiny-on-charitable-giving-governments-are-bad-at-what-they-do-and-trump-derangement-syndr) — 2026-05-04T07:07:00+00:00
- [20VC: Inside Clay's Sales Playbook Scaling to $100M ARR | How to Set Sales Comp Plans | How to Read Sales Talent Linkedin Profiles | What Profiles to Hire & Fire | How to Increase Performance and Speed in Sales Teams with Becca Lindquist](https://stenobird.com/podcast/twenty-minute-vc/20vc-inside-clay-s-sales-playbook-scaling-to-100m-arr-how-to-set-sales-comp-plans-how-to-read-sales-talent-linkedin-profiles-what-profiles-to-hire-fire-how-to-increase-performance-and-speed-in-sales-teams-with-becca-lind) — 2026-05-02T07:07:00+00:00
- [20VC: Anthropic Raises $45BN but Falls Short on Compute | OpenAI Crushes with GPT5.5 and Codex: Back in the Game? | China Blocks Manus $2BN Deal to Meta | Thoma Bravo Hand Back Medallia Keys to Creditors | Why Google is a Bigger Buy Than Ever Before](https://stenobird.com/podcast/twenty-minute-vc/20vc-anthropic-raises-45bn-but-falls-short-on-compute-openai-crushes-with-gpt5-5-and-codex-back-in-the-game-china-blocks-manus-2bn-deal-to-meta-thoma-bravo-hand-back-medallia-keys-to-creditors-why-google-is-a-bigger-buy) — 2026-04-30T07:07:00+00:00
- [20VC: Applovin: $160BN Market Cap, $5.48BN Revenue, $10M EBITDA Per Head | Why the Best Do Not Need Mentorship | Why Founders Should Not Angel Invest | Why Kindness in Business Will Slow You Down with Adam Foroughi](https://stenobird.com/podcast/twenty-minute-vc/20vc-applovin-160bn-market-cap-5-48bn-revenue-10m-ebitda-per-head-why-the-best-do-not-need-mentorship-why-founders-should-not-angel-invest-why-kindness-in-business-will-slow-you-down-with-adam-foroughi) — 2026-04-27T07:07:00+00:00
- [20Product: Replit CEO on Why Coding Models Are Plateauing | Why the SaaS Apocalypse is Justified: Will Incumbents Be Replaced? | Why IDEs Are Dead and Do PMs Survive the Next 3-5 Years with Amjad Masad](https://stenobird.com/podcast/twenty-minute-vc/20product-replit-ceo-on-why-coding-models-are-plateauing-why-the-saas-apocalypse-is-justified-will-incumbents-be-replaced-why-ides-are-dead-and-do-pms-survive-the-next-3-5-years-with-amjad-masad) — 2026-04-25T07:07:00+00:00
- [20VC: Cursor Acquired for $60BN by xAI | Anthropic Hits $1TRN in Secondary Markets | Did Anthropic Just Kill Figma, Adobe and Canva | Rippling Hits $1BN in ARR | Salesforce Goes Headless: Smart or Stupid | Cerebras IPO 2.0](https://stenobird.com/podcast/twenty-minute-vc/20vc-cursor-acquired-for-60bn-by-xai-anthropic-hits-1trn-in-secondary-markets-did-anthropic-just-kill-figma-adobe-and-canva-rippling-hits-1bn-in-arr-salesforce-goes-headless-smart-or-stupid-cerebras-ipo-2-0) — 2026-04-23T07:07:00+00:00
- [20VC: Everyone is Wrong; We Will Have More Developers in Five Years | Why Frontier Labs Will Be Way More Valuable Than They Are Today | Are SaaS Companies Cooked: Which Thrive & Which Die with Aaron Levie, Founder at Box](https://stenobird.com/podcast/twenty-minute-vc/20vc-everyone-is-wrong-we-will-have-more-developers-in-five-years-why-frontier-labs-will-be-way-more-valuable-than-they-are-today-are-saas-companies-cooked-which-thrive-which-die-with-aaron-levie-founder-at-box) — 2026-04-20T07:07:00+00:00
- [20VC: Jake Paul on Why Traditional VC is Toast and Attention is More Valuable Than Cash | Politics: Will Jake Paul Actually Run for President? | Inside the Payday of Fighting Anthony Joshua and Mike Tyson | with Geoffrey Wu, Co-Founder at Anti-Fund](https://stenobird.com/podcast/twenty-minute-vc/20vc-jake-paul-on-why-traditional-vc-is-toast-and-attention-is-more-valuable-than-cash-politics-will-jake-paul-actually-run-for-president-inside-the-payday-of-fighting-anthony-joshua-and-mike-tyson-with-geoffrey-wu-co-fo) — 2026-04-18T12:36:00+00:00
- [20VC: Anthropic Unveils Mythos | SpaceX's Financials Leaked: Is it Worth $2TRN | Meta Debuts Muse Spark: Are They Back in the AI Race | Jason's Critique of Dario Amodei & How OpenAI Could Win the Enterprise Game](https://stenobird.com/podcast/twenty-minute-vc/20vc-anthropic-unveils-mythos-spacex-s-financials-leaked-is-it-worth-2trn-meta-debuts-muse-spark-are-they-back-in-the-ai-race-jason-s-critique-of-dario-amodei-how-openai-could-win-the-enterprise-game) — 2026-04-16T07:07:00+00:00
- [20VC: Anj Midha on Investing $300M into Anthropic | The Early Days of Anthropic & How 21 of 22 VCs Turned it Down | The Four Bottlenecks to Compute | What the China Has Smashed and Why We Should Be Worried](https://stenobird.com/podcast/twenty-minute-vc/20vc-anj-midha-on-investing-300m-into-anthropic-the-early-days-of-anthropic-how-21-of-22-vcs-turned-it-down-the-four-bottlenecks-to-compute-what-the-china-has-smashed-and-why-we-should-be-worried) — 2026-04-14T09:24:00+00:00
- [20Sales: ElevenLabs: Why We Set a 20x Sales Quota | How to Structure Sales Compensation Plans | Customer Success: 'Total BS' or Growth Engine? | Building an AI Sales Machine: What Tools & Tactics Must CROs Adopt Today with Carles Reina](https://stenobird.com/podcast/twenty-minute-vc/20sales-elevenlabs-why-we-set-a-20x-sales-quota-how-to-structure-sales-compensation-plans-customer-success-total-bs-or-growth-engine-building-an-ai-sales-machine-what-tools-tactics-must-cros-adopt-today-with-carles-reina) — 2026-04-11T07:07:00+00:00
- [20VC: Anthropic Surpasses OpenAI Revenue | OpenAI Acquisition of TBPN: Analysed | OpenAI Management Team Reboot | YC Kicks Delve Out | Mercor Hack and Why Now is the Time for Cyber | Supabase Raising at $10BN & Doug Leone Returns to Sequoia](https://stenobird.com/podcast/twenty-minute-vc/20vc-anthropic-surpasses-openai-revenue-openai-acquisition-of-tbpn-analysed-openai-management-team-reboot-yc-kicks-delve-out-mercor-hack-and-why-now-is-the-time-for-cyber-supabase-raising-at-10bn-doug-leone-returns-to-se) — 2026-04-09T07:07:00+00:00
- [20VC: DeepMind's Demis Hassabis on Why AGI is Bigger than the Industrial Revolution | Why LLMs Will Not Commoditise & We Have Not Hit Scaling Laws | Bottlenecks in AI & The Energy Crisis Caused By AI | Whether AI Will Do More to Harm or Help Inequality](https://stenobird.com/podcast/twenty-minute-vc/20vc-deepmind-s-demis-hassabis-on-why-agi-is-bigger-than-the-industrial-revolution-why-llms-will-not-commoditise-we-have-not-hit-scaling-laws-bottlenecks-in-ai-the-energy-crisis-caused-by-ai-whether-ai-will-do-more-to-ha) — 2026-04-07T07:07:00+00:00
- [20VC: Hims & Hers: $4.3BN Market Cap on $2.3BN of Revenue: The Comeback | Why Being Public is 10x Better | The Death of the "Strategy" Hire | Why Performance Marketing is Worse than Brand Marketing with Andrew Dudum](https://stenobird.com/podcast/twenty-minute-vc/20vc-hims-hers-4-3bn-market-cap-on-2-3bn-of-revenue-the-comeback-why-being-public-is-10x-better-the-death-of-the-strategy-hire-why-performance-marketing-is-worse-than-brand-marketing-with-andrew-dudum) — 2026-04-04T09:25:00+00:00
- [20VC: Anthropic's $6BN Revenue Month | OpenAI Kills Sora & Hits $100M ARR on Ads | Oura Going Public & Whoop Raises at $10BN | Manus Founders Trapped in China & The Billionaire Tax: Anyone Left in California?](https://stenobird.com/podcast/twenty-minute-vc/20vc-anthropic-s-6bn-revenue-month-openai-kills-sora-hits-100m-arr-on-ads-oura-going-public-whoop-raises-at-10bn-manus-founders-trapped-in-china-the-billionaire-tax-anyone-left-in-california) — 2026-04-02T08:55:00+00:00
- [20VC: Marc Andreessen on The Future of Venture Capital: Will a16z Go Public | Why Labour Displacement with AI is Wrong | Why Introspection is Dangerous | Why "Diamonds in the Rough" is BS in VC | Why a16z Invested $300M into Adam Neumann](https://stenobird.com/podcast/twenty-minute-vc/20vc-marc-andreessen-on-the-future-of-venture-capital-will-a16z-go-public-why-labour-displacement-with-ai-is-wrong-why-introspection-is-dangerous-why-diamonds-in-the-rough-is-bs-in-vc-why-a16z-invested-300m-into-adam-neu) — 2026-03-30T07:07:00+00:00
- [20VC: The Venture Model is Broken | You Need to be Greedy and Selfish to Win Early Stage Investing | Why Margins Do Not Matter for Early-Stage Startups | The Growth Rate that is Required in a World of AI with Gili Raanan, Founder @ Cyberstarts](https://stenobird.com/podcast/twenty-minute-vc/20vc-the-venture-model-is-broken-you-need-to-be-greedy-and-selfish-to-win-early-stage-investing-why-margins-do-not-matter-for-early-stage-startups-the-growth-rate-that-is-required-in-a-world-of-ai-with-gili-raanan-founde) — 2026-03-28T07:07:00+00:00
- [20VC: Why You Need a $1BN Fund To Do Series A Today | OpenAI vs Anthropic: Who Wins Enterprise | SpaceX at $2TRN and Data Centers in Space | The $20BN Groq Deal Broken Down | Jeff Bezos' $100BN New Fund](https://stenobird.com/podcast/twenty-minute-vc/20vc-why-you-need-a-1bn-fund-to-do-series-a-today-openai-vs-anthropic-who-wins-enterprise-spacex-at-2trn-and-data-centers-in-space-the-20bn-groq-deal-broken-down-jeff-bezos-100bn-new-fund) — 2026-03-26T07:08:00+00:00
- [20VC: Inside Anduril's $20BN Army Contract & Why Anduril Must Go Public | Why 99% of Drone Companies Will Die | Why There is Never an Ethical Question of How Anduril Products are Used with Matthew Steckman, President @ Anduril](https://stenobird.com/podcast/twenty-minute-vc/20vc-inside-anduril-s-20bn-army-contract-why-anduril-must-go-public-why-99-of-drone-companies-will-die-why-there-is-never-an-ethical-question-of-how-anduril-products-are-used-with-matthew-steckman-president-anduril) — 2026-03-23T07:07:00+00:00
- [20Sales: Inside Figma's $1BN ARR Revenue Machine | Why We Do Not Have Customer Success or SDRs | Why I Do Not Believe in Sales Quotas with Shaunt Voskanian, CRO @ Figma](https://stenobird.com/podcast/twenty-minute-vc/20sales-inside-figma-s-1bn-arr-revenue-machine-why-we-do-not-have-customer-success-or-sdrs-why-i-do-not-believe-in-sales-quotas-with-shaunt-voskanian-cro-figma) — 2026-03-21T07:07:00+00:00
- [20VC: The Return of Travis Kalanick: Uber Would Be $1TRN Today With Him | NVIDIA Predicts $1TRN in Revenue: Everything You Need to Know From GTC | Anduril Lands $20BN Army Contract | Adobe CEO Shock Exit: The Dominos Falling](https://stenobird.com/podcast/twenty-minute-vc/20vc-the-return-of-travis-kalanick-uber-would-be-1trn-today-with-him-nvidia-predicts-1trn-in-revenue-everything-you-need-to-know-from-gtc-anduril-lands-20bn-army-contract-adobe-ceo-shock-exit-the-dominos-falling) — 2026-03-19T07:07:00+00:00
- [20VC: The 8 Moats of Enduring Software Companies: How to Analyse for Durability and Defensibility in a World of AI | Why Dropouts are "AI Maxing" the World & Remote Early-Stage Companies are Dying with Gokul Rajaram](https://stenobird.com/podcast/twenty-minute-vc/20vc-the-8-moats-of-enduring-software-companies-how-to-analyse-for-durability-and-defensibility-in-a-world-of-ai-why-dropouts-are-ai-maxing-the-world-remote-early-stage-companies-are-dying-with-gokul-rajaram) — 2026-03-16T07:07:00+00:00
- [20Growth: Inside Lovable's $400M ARR Growth Machine | How Lovable Does Product Launches | How Lovable Hacks Social To Make Posts Go Viral | How Lovable Makes Every Employee a Brand with Elena Verna](https://stenobird.com/podcast/twenty-minute-vc/20growth-inside-lovable-s-400m-arr-growth-machine-how-lovable-does-product-launches-how-lovable-hacks-social-to-make-posts-go-viral-how-lovable-makes-every-employee-a-brand-with-elena-verna) — 2026-03-14T07:07:00+00:00
- [20VC: Anthropic vs The Pentagon: Who Wins | The Ultimate Stock Picks: What to Buy | The Data Centre Arms Race: Is the Capex War Stalling | The Era of Public Company Deceleration is Dead](https://stenobird.com/podcast/twenty-minute-vc/20vc-anthropic-vs-the-pentagon-who-wins-the-ultimate-stock-picks-what-to-buy-the-data-centre-arms-race-is-the-capex-war-stalling-the-era-of-public-company-deceleration-is-dead) — 2026-03-12T07:07:00+00:00

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