20VC: Is Chamath Right: Is DPI The Only Thing That Matters | Does OpenAI Even Matter | Mary Meekers AI Report: The Analysis| IPO Breakdown: Chime, Circle & Thoma Bravo's New Fund | The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch | Podwise
20VC: Is Chamath Right: Is DPI The Only Thing That Matters | Does OpenAI Even Matter | Mary Meekers AI Report: The Analysis| IPO Breakdown: Chime, Circle & Thoma Bravo's New Fund
This episode of 20VC features Harry Stebbings, Jason Lemkin, Rory O'Driscoll, and Sam Lessin discussing venture capital strategies, IPOs, and the impact of AI. They debate the merits of TVPI versus DPI, the hollowing out of mid-sized VC funds, and whether most Series A funding is wasted. The conversation covers Chamath Palihapitiya's views on venture metrics, Thoma Bravo's fundraising success, and the challenges faced by mid-tier funds. They analyze Mary Meeker's AI report, focusing on infrastructure spending, the rapid adoption of ChatGPT, and China's role in AI development. The discussion also touches on the commoditization of AI models, the AI slow roll in B2B companies, and the potential for AI-driven agents to disrupt SaaS. Finally, they assess recent IPOs like Chime and Circle, Snowflake's acquisition of Crunchy Data, and debate whether Elon Musk will remain Tesla's CEO through 2027.
