{"podcast":{"title":"The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch","slug":"twenty-minute-vc","podcast_index_feed_id":938150,"rss_url":"https://thetwentyminutevc.libsyn.com/rss","website_url":"http://www.thetwentyminutevc.com/","image_url":"https://static.libsyn.com/p/assets/d/2/b/a/d2ba673c1d134c2be55e3c100dce7605/WhatsApp_Image_2024-10-28_at_11.39.21.jpeg","author":"The Twenty Minute VC","episode_count":1462,"summary":"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.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/twenty-minute-vc"},"episode":{"title":"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","slug":"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","published_at":"2026-05-04T07:07:00+00:00","page_url":"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","show_page_url":"https://stenobird.com/podcast/twenty-minute-vc","url":"https://thetwentyminutevc.libsyn.com/20vc-shopifys-tobi-ltke-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","audio_url":"https://traffic.libsyn.com/secure/thetwentyminutevc/Tobi_Lutke__Shopify_2.mp3?dest-id=240976","summary":"Tobi Lütke is the co-founder and CEO of Shopify, the global e-commerce titan with a $160 billion market cap. Under his leadership, the company generates over $7 billion in annual revenue and has seen its valuation grow nearly 100x since its 2015 IPO. Today, Shopify has over 8,000 employees and AI now generates over 50% of the Shopify's code. AGENDA: 00:10:36 - The $160 billion CEO who did not want to be CEO. 00:11:51 - Why don't companies become public? Because it is much worse to be an untrusted public company. 00:16:53 - Why we are about to enter a golden age of entrepreneurship. 00:17:54 - Why AI is being used as a scapegoat for mass layoffs. 00:17:41 - How will labor markets change in a world of AI? 00:24:43 - Why we should praise Elon Musk so much more than we do. 00:27:59 - Why we need to place more, not less, scrutiny on charitable giving. 00:31:56 - Why we have too many charity dollars and why they are inefficient. 00:34:57 - Why governments are so bad at what they do. 00:37:27 - The Trump derangement syndrome in Canada. 00:39:51 - Why will governments regulating technology push us into the hands of the Chinese? 00:41:59 - Europe has to get rid of the bullshit green parties and go back to Prussian economics. 00:48:29 - Why is looking at the ticker such bullshit? 00:50:48 - Why young coders are not as advantaged in AI as I thought they would be. 00:53:56 - The best engineers in Shopify are not writing code anymore and the AI does it for them. 00:56:40 - The cheat code for any career from the billionaire founder of Shopify.","meta_description":"Tobi Lütke is the co-founder and CEO of Shopify, the global e-commerce titan with a $160 billion market cap. Under his leadership, the company generates o…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4429,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/twenty-minute-vc/episodes/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/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"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.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}