# 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

Page: 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
Text version: 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.md
Podcast: [The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch](https://stenobird.com/podcast/twenty-minute-vc)
Published: 2026-05-21T07:07:00+00:00
Episode link: https://thetwentyminutevc.libsyn.com/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
Audio file: https://traffic.libsyn.com/secure/thetwentyminutevc/The_Trio_EP.57.mp3?dest-id=240976
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JSON: https://stenobird.com/v1/public/podcasts/twenty-minute-vc/episodes/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
Duration seconds: 4913

## Resource

AGENDA: 00:00 – Anthropic Eyes $900B Valuation & Andre Karpathy's Shock Move 04:46 – Unpacking Anthropic's $30 Billion War Chest 10:52 – The True Cost of AI Tokens: Is Salesforce Spending Too Much? 15:59 – The Bear Case for Token Growth & Why Software Leaders Must Adapt 22:56 – Public Tech Rebound: Figma & Datadog Crush Expectations 26:59 – The Death of Traditional Web Builders? The Decline of Wix & Squarespace 36:59 – Compute Starvation: Is the Semiconductor & Hardware Boom Sustainable? 45:59 – Cerebras IPO Smashes Day One: The Biggest Tech Public Debut Since Snowflake 48:17 – SpaceX Sets Date For the Largest IPO in History 57:28 – Y Combinator's Mic Drop Deal & The Drama Behind Elon Musk's OpenAI Lawsuit 01:11:57 – The Looming Backlash: Mass Tech Layoffs and the Politics of AI 20VC:

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