The Delphi Podcast

It's not AI Doom, It's a Fourth Turning

Most VCs Are Afraid to Be Wrong | Rohan Pujara

Early-stage venture capital requires a contrarian approach that avoids the "consensus" traps of crowded sectors like mainstream AI, where high competition and inflated valuations erode potential moats. Successful investing hinges on identifying polarizing, high-agency founders who operate outside the status-driven bubb...

Why the Future of Venture Is Hard Tech, Drones & Physical AI | Ian Rountree

Venture capital functions as a "return-free risk" asset class for the median investor, necessitating a focus on top-tier firms or outlier performance. Success in deep tech requires moving beyond software into physical industries like mining, lumber, and defense, where technology can drive structural change. Rather than...

China’s AI Advantage Is Bigger Than You Think

China’s AI sector has transitioned from simple model distillation to genuine technological innovation, particularly in reinforcement learning and mixture-of-experts architectures. While US labs maintain a lead in frontier capabilities, Chinese firms like DeepSeek and Moonshot are achieving significant breakthroughs by ...

Most Venture Funds Will End Badly | Michael Dempsey

Steve McLaughlin Built a Multi-Billion-Dollar Investment Bank and Beat Wall Street at Its Own Game

Building the SoftBank of Robotics | Andrew Kang

OpenAI is Making a MASSIVE Mistake

Ambient functions as a decentralized "Uber for inference," utilizing a high-frequency trading-style routing engine to match AI inference requests with a global network of independent GPU operators. By implementing a credibly neutral infrastructure, the network resolves conflicts of interest inherent in centralized prov...

Identifying Generational Managers with Jordan Nel

Venture capital success for emerging managers hinges on identifying "pre-consensus" opportunities rather than competing directly with established firms in saturated markets. Jordan Nel, a venture investor at Hummingbird’s Nomads fund, argues that edge in venture is not a static trait but a function of finding overlooke...

Sandy Kory: The Founder Obsessed Investor Behind BillionToOne, BaseTen & Palantir

Samed Düzçay: Accessing Institutional Yield Strategies at Tori Finance

What's Next for Delphi

Logan Jastremski: Solana vs Hyperliquid - Who Wins The Global Exchange Race?

Clay Robbins: Building Colosseum, Solana’s Largest Hackathon & Accelerator with 80,000 Participants

Nic Carter: Quantum Threatens $600B of Bitcoin

What's Next for Delphi

Mike McCormick: AI Acceleration vs Risks, Funding Global Resilience, AGI scenarios, U.S. vs China

Connor Howe: Building the Onchain Execution Engine with Enso Network

Austin Federa: From Solana Foundation to Double Zero's Fiber Revolution

Legion & Cookie3: Evolution of Onchain Fundraising