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Harry Stebbings · Business

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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.

Episodes

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20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

19 Dec 2025
56m
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In this episode of 20 Product, Harry Stebbings interviews Gerald Merrills, CPO at On Running, about product development and strategy. Gerald shares his early fascination with product through perfume, emphasizing the emotional connection products create. They discuss balancing performance and style in On's products, add...

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20VC: Will SpaceX IPO at $1.5TRN | Will Cursor Kill Figma | Lightspeed Raises $9BN | OpenAI: $1BN from Disney, New CRO & #1 App in App Store | Oracle and Broadcom Hit: Now the Time to Buy?

18 Dec 2025
1h 22m
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This episode of 20VC features Harry Stebbings, Jason Lemkin, and Rory O'Driscoll discussing recent tech news. The panel analyzes Lightspeed's $9 billion fundraise, debates the potential of SpaceX going public at a $1.5 trillion valuation, and examines the latest developments at OpenAI, including Disney's $1 billion inv...

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20VC: a16z's David George on How $BN Funds Can 5×, Do Margins & Revenue Matter in AI & the Most Controversial Bet at a16z

15 Dec 2025
1h 6m
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Harry Stebbings interviews David George, a general partner at Andreessen Horowitz, discussing various aspects of venture capital and investment strategies. George addresses concerns about large fund sizes, highlighting the changing dynamics of private markets and the opportunities created by tech waves. They delve into...

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20Growth: How Wiz Built a $30BN Brand in Enterprise | What Worked vs What Was a Mega Failure: Lessons Learned | Why Marketers Make the Worst CMOs & What To Look for in Growth with Raaz Herzberg

12 Dec 2025
1h 16m
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In this episode of 20 Growth, Harry Stebbings interviews Raaz Herzberg, CMO and VP of Product Strategy at Wiz, a cloud security company. Raaz discusses her experience scaling Wiz from its early days, emphasizing the importance of product-market fit, solving significant customer problems, and achieving rapid time-to-val...

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20VC OGs: SpaceX Valued at $800BN & Harvey Raises $160M at an $8BN Price | Airwallex Raises $330M and The Battle with Keith Rabois | Netflix Acquires Warner Brothers | IPO Market Predictions for 2026: Anthropic, Stripe, Databricks and SpaceX

11 Dec 2025
1h 31m
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In this episode of 20VC, Harry Stebbings, Jason Lemkin, and Rory O'Driscoll dissect current events in tech, venture capital, and IPO markets. They debate SpaceX's $800 billion valuation, the potential for a bumper IPO year in 2026 with companies like Anthropic and Databricks, and whether a Netflix acquisition of Warner...

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20VC: Kalshi's $1BN Raise, the Polymarket Feud, and the Battle to Replace Traditional Media

08 Dec 2025
47m
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In this episode of 20VC, Harry Stebbings interviews Tarek Mansour, the founder of Kalshi, following their recent $1 billion raise, $11 billion valuation, and partnerships with CNN and CNBC. Tarek discusses the reasons behind the large funding round, emphasizing the massive opportunity in prediction markets due to a shi...

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20VC: Inside Bending Spoons Acquisition Machine: Evernote, Eventbrite, Vimeo | How Evernote Evaluates Acquisitions and New Product Ideas | How Evernote Mastered Product Launches, User Retention and Monetisation with Federico Simionato

05 Dec 2025
1h 5m
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In this episode of 20 Product, Harry Stebbings interviews Federico Simionato, a product lead at Bending Spoons, about product development strategies, particularly within the context of Bending Spoons' acquired companies like Evernote, WeTransfer, and others. Simionato discusses idea validation, testing, the importance ...

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20VC: Thrive & OpenAI Partnership | Eventbrite Acquired for $500M | Databricks Raising $5BN at $134BN Valuation: Cheap or Not? | Why SaaS is Like Japan and The TAM Trap in Software

04 Dec 2025
1h 12m
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In a live episode from SaaStA in London, Harry Stebbings, Jason Lemkin, and Rory O'Driscoll discuss the latest tech news, including Thrive's partnership with OpenAI, Databricks' potential $5 billion raise, and the implications of AI on SaaS companies. They analyze Databricks' valuation relative to Snowflake, debate whe...

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20VC: Scale, Surge, Turing, Mercor: Who Wins & Who Loses in Data Labelling | Is Revenue in Data Labelling Real or GMV? | Why 99% of Knowledge Work Will Go and What Happens Then? | Why SaaS is Dead in a World of AI with Jonathan Siddharth @ Turing

01 Dec 2025
1h 8m
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Harry Stebbings interviews Jonathan Siddharth, the Founder and CEO of Turing, about the evolving landscape of data labeling, the shift towards AI-driven research acceleration, and the automation of knowledge work. Jonathan discusses how Turing is training superintelligence by creating RL environments for various indust...

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20Sales: John McMahon on How to Hire, Train & Retain the Best Sales Reps | How Sales Changes in a World of AI | Sales Lessons from Snowflake and MongoDB | How to Create and Drive a Sales Process with Urgency

28 Nov 2025
1h 8m
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Harry Stebbings interviews John McMahon, a renowned sales leader, about the art and science of sales, how it has evolved, and what it takes to be a world-class sales leader today. They discuss the importance of a regimented sales process, adapting to consumption-based software models, and separating signal from noise i...

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20VC: Anthropic Raises $30BN from Microsoft and NVIDIA | NVIDIA Core Business Threatened by TPU | Sam Altman's "War Mode" Analysed | Sierra Hits $100M ARR: Justifies $10BN Price? | Lovable Hits $200M ARR & Rumoured $6BN Round

27 Nov 2025
1h 30m
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This podcast episode features a discussion on current trends and valuations in the tech industry, particularly focusing on AI, customer service, and data analytics companies. The speakers analyze the financial implications of companies like NVIDIA, Anthropic, Sierra, Wix, and Lovable, debating whether their valuations ...

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20VC: Base44's Maor Shlomo on How Vibe Coding Will Kill SaaS and Salesforce | Why it is BS that Vibe Coding Platforms Do Not Have Defensibility and Bad Margins | Why He Worries About Google, Not Replit and Lovable | Why Long Anthropic, Not OpenAI?

24 Nov 2025
1h 11m
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In this episode of 20VC, Harry Stebbings interviews Maor Shlomo, co-founder of Base44, about his journey from an idea to a successful acquisition by Wix for $80 million in just 18 months. Maor discusses the economics of "vibe coding," the future of AI models, and the strategic reasons behind selling Base44 to Wix. He s...

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20VC: Max Altman on The New Seed War: Can Anyone Compete with Sequoia and a16z | Leaving $2BN on the Table with Reddit | Lessons from Backing Rippling at $25M Post | Why Climate Tech is a Mirage and Disaster

21 Nov 2025
1h 19m
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In this episode of 20VC, Harry Stebbings interviews Max Altman, co-founder and managing partner at Saga Ventures, discussing his background, investment strategies, and experiences in the venture capital world. Max shares insights from his early career at Zenefits, his experiences working with his brothers Sam and Jack ...

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20VC: Cursor Raises $2.3BN: Who Wins the Coding War | Peter Thiel and Softbank Sell NVIDIA: Analysed | Why Venture Capital Will Hit $1TRN and the Opening of Retail | Why Stripe and the Best Companies Will Never Go Public

20 Nov 2025
1h 22m
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This podcast episode features a discussion on the current state and future of venture capital, particularly focusing on AI-driven companies like Cursor and Ramp. The panel analyzes Cursor's high valuation, debates the potential for TAM expansion in AI coding, and explores the balance between profitability and durabilit...

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20VC: Andrew NG on The Biggest Bottlenecks in AI | How LLMs Can Be Used as a Geopolitical Weapon | Do Margins Matter in a World of AI? | Is Defensibility Dead in a World of AI? | Will AI Deliver Masa Son's Predictions of 5% GDP Growth?

17 Nov 2025
1h 2m
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In this episode of 20VC, Harry Stebbings interviews Andrew Ng, a leading figure in AI, about the bottlenecks in AI development, including electricity, semiconductors, data, and algorithms. They discuss the insatiable demand for compute, the rise of AI coding assistants, and the potential impact of AI on various job fun...

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20Product: How AI Changes Product Design | Does the Design Phase Become Irrelevant in a World of Vibe Coding | The Five Pillars of Truly Great Product Design with Carl Rivera, Chief Design Officer at Shopify

14 Nov 2025
1h 11m
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Harry Stebbings interviews Carl Rivera, Chief Design Officer at Shopify, discussing Rivera's early career, the founding of Ticktail, and lessons learned. They delve into Shopify's product strategy, its opinionated approach, and the structure of its product teams. Rivera shares insights on design philosophy, the impact ...

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20VC: Sequoia's Leadership Transition | Michael Burry Shorts NVIDIA and Palantir | Gamma Raises $100M at $2BN | Has Defensibility Died in a World of AI | Datadog Surges as Duolingo Plummets: What is Happening

13 Nov 2025
1h 15m
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The podcast features a discussion on venture capital and the evolving landscape of AI, touching on topics such as leadership transitions at Sequoia, Michael Burry's short positions on NVIDIA and Palantir, and the revenue potential of AI companies like Gamma and Repl.it. The speakers debate the defensibility of seed inv...

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20VC: Benchmark's Newest General Partner Ev Randle on Why Margins Matter Less in AI | Why Mega Funds Will Not Produce Good Returns | OpenAI vs Anthropic: What Happens and Who Wins Coding | Investing Lessons from Peter Thiel and Mamoon Hamid

10 Nov 2025
1h 25m
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Harry Stebbings interviews Everett Randle, General Partner at Benchmark, discussing his investment strategies and experiences at Founders Fund, Bond, and Kleiner Perkins. Randle shares insights on quantitative versus qualitative investing, conviction testing, and the importance of seeing excellence up close. They explo...

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20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets

07 Nov 2025
1h 9m
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In this episode of the podcast, Chad Peets discusses his journey into sales, starting from his early aspirations of becoming a stockbroker to his current role in venture capital. He emphasizes the importance of innate sales ability, understanding customer motivations, and aligning product development with sales strateg...

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20VC: Navan IPO: Winners, Losers and is a $4.5BN Exit Enough in VC Today | Harvey Raises $150M at $8BN Price | Why Google is a Buy and Amazon is a Sell | Meta Down 10%, Is Zuck Struggling?

06 Nov 2025
1h 16m
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In this episode of 20VC, Harry Stebbings, Elad Gil, and Speaker 1 (Rory O'Driscoll) dissect recent tech news, starting with Navan's IPO and Dev Ittycheria stepping down from MongoDB, which prompts a discussion about the end of an era and the shift towards AI. They analyze Navan's IPO performance, venture capital owners...

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