20VC with Harry Stebbings

Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough

Matt Fitzpatrick: Who Wins the Data Labelling Race & Why Al Needs Forward-Deployed Engineers

Predictions for 2026: Top Buy & Biggest Short | Why Salesforce Could Win & NVIDIA’s Challenges

In a year-end review and forecast, Harry Stebbings, Jason Lemkin, and Rory O’Driscoll engage in a "Big Fat Quiz of the Year" format, assessing top founders, funds, and breakout companies of 2025, while also predicting trends and potential IPOs for 2026. They debate the impact of AI on unemployment, the sustainability o...

Will Cursor Kill Figma? Lightspeed Raises $9B & OpenAI’s $1B from Disney & #1 App in App Store

In a panel discussion, Harry Stebbings, Jason Lemkin, and Rory O’Driscoll analyze venture capital trends, including Lightspeed's $9 billion fundraise and its implications for seed VCs. They explore the competitive late-stage investment landscape, the impact of companies staying private longer, and the potential of Open...

a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI?

Venture capital strategies must adapt to a landscape where high-quality technology companies remain private longer, creating massive value before reaching public markets. Large funds effectively capture these returns by focusing on the number of winners rather than just fund size. The current AI wave represents a funda...

SpaceX Valued at $800BN & Harvey Raises $160M at an $8BN Price & Netflix Acquires Warner Brothers

Kalshi CEO Tarek Mansour on Raising $1BN, CNN and CNBC Deals & the Polymarket Feud

Harry Stebbings interviews Tarek Mansour, CEO of Kalshi, about the company's recent $1 billion raise and $11 billion valuation. Tarek explains the need for the funding, citing rapid growth and a shift in consumer behavior towards active participation in prediction markets. They discuss Kalshi's strategy, competition wi...

Eventbrite Sold for $500M, Databricks $5B Raise at $134B Valuation & Why SaaS is Like Japan

Turing CEO Jonathan Siddharth: Who Wins in Data Labelling & Why 99% of Knowledge Work Will Disappear

Jonathan Siddharth, founder and CEO of Turing, discusses the evolution of data requirements for training AI, emphasizing the shift from simple data to complex, real-world data needed for agentic systems. He differentiates Turing as a research accelerator, creating reinforcement learning environments across various indu...

Anthropic Raises $30B from Microsoft & NVIDIA & NVIDIA’s Core Business Faces TPU Threat

The podcast features Harry Stebbings, Jason Lemkin, and Rory O’Driscoll discussing current events and trends in the tech and venture capital landscape, with a focus on AI. They analyze Anthropic's mega AI deal, the competitive dynamics between AI models like Gemini and Claude, and the strategic implications of vertical...

Base44’s Founder, Maor Shlomo on How Vibe Coding Will Kill SaaS

Peter Thiel and Softbank Sell NVIDIA - Why? & Why VC Will Hit $1TRN and The Opening of Retail

Agentic coding tools, exemplified by Cursor, represent a significant shift in software development, driven by massive Total Addressable Market (TAM) expansion and productivity gains of 30% to 70%. While these tools face questions regarding gross margins and durability against hyperscaler competition, their high usage r...

AI Fund’s GP, Andrew Ng: LLMs as the Next Geopolitical Weapon & Do Margins Still Matter in AI?

In this interview, Andrew Ng and Harry Stebbings discuss the bottlenecks in AI development, focusing on electricity and semiconductor constraints, and the insatiable demand for compute. They explore the impact of AI on coding, the potential for AI-assisted tools in other job functions, and the importance of attracting ...

Michael Burry Shorts NVIDIA and Palantir & Has Defensibility Died in a World of AI?

Benchmark's GP, Everett Randle on Why Mega Funds Will Not Produce Good Returns

Is a $4.5BN Exit Enough in VC? & Harvey Raises $150M & Why Google is a Buy and Amazon is a Sell

Cohere's Chief AI Officer, Joelle Pineau: Why Scaling Laws Will Continue & Future of Synthetic Data

OpenAI Restructuring: Who Wins and Who Loses & Mercor Raises $350M at a $10BN Valuation

Sequoia Partner, David Cahn on Who Wins in AI, Defence & The New $0–$100M Playbook

In this interview, David Cahn discusses the current AI bubble, emphasizing the importance of focusing on consumers rather than producers of compute. He reflects on past predictions, including the rise of data centers and the significance of AI power, while acknowledging misses like Meta's performance and the scale of t...

Why VC Today is Worse than 2021

In a panel discussion, Harry Stebbings, Rory O’Driscoll, and Jason Lemkin delve into the current state of venture capital and AI, debating topics such as the sustainability of high valuations for AI companies, the importance of TAM (Total Addressable Market) in investment decisions, and the potential for an AI bubble. ...