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

AGENDA: 
00:00 Highlights: Jack Altman Joins The Trio
05:00 Anthropic's S-1 Leaks: $8B Operating Loss and $518B in Compute Commitments
10:00 Instinct Raises $1B at a $10B Valuation to Take On Meta
25:00 AMD Buys Fei-Fei Li's World Labs for $8.2B
39:00 Meta Poaches MongoDB's CEO as Shares Plunge 20%
43:00 AI Startup Seeks $10B Valuation Just One Week After Seed
47:00 Modal Hits $15B Valuation as Baseten Eyes $26B
54:00 OpenAI Reopens Its $200 Plan—and Halves What You Get
57:00 Oura Pulls IPO After Targeting a $16B Valuation
01:03:00 Nubank Eyes $8–12B Monzo Takeover
01:08:00 Bessemer Raises $5.75B as NFX Switches to Its Own Capital
01:14:00 Anthropic Founders Move to Lock In 50.1% Voting Control

Alex Mashrabov is the Founder and CEO of Higgsfield, the third fastest scaling company to $1BN in ARR behind OpenAI and Anthropic. Reports suggest their latest funding round could place an $8BN valuation on the company. Prior to Higgsfield, Alex sold his prior company to Snap Inc for $166M. Alex was a competitive programmer as a kid, reaching third best in the world.
AGENDA: 
00:00 The Programming Prodigy Who Sold to Snap for $166M
09:00 Burning $10M: The Pivot That Saved Higgsfield
12:00 A $1B Revenue Run Rate in 18 Months; How Real Is It?
16:00 Will OpenAI and Google Wipe Out $20 AI Subscriptions?
21:00 Are AI Labs Gaming the Benchmarks?
28:00 Spending $4M a Month on AI; Genius or Insanity?
36:00 Are AI Moats Bullshit? The Great "Wrapper" Debate
43:00 One Full Day With His Son in Three Months: The Cost of Ambition
54:00 Quickfire: Is Snap Broken—and Will HubSpot Survive AI?
01:02:00 $10B in the Next 12 Months? Alex's Audacious Growth Bet

Parag Agrawal is the Co-Founder and CEO of Parallel, building web search infrastructure for AI agents.
Parallel has announced $230M in funding from Sequoia, Khosla, and First Round Capital. Previously, he was CEO of Twitter, succeeding Jack Dorsey after serving as CTO and becoming the company's first Distinguished Engineer.
AGENDA:
03:00 What Breaks When Agents Search the Web 1,000x More?
07:00 Speed, Cost or Accuracy: What Do Agents Really Need?
13:00 Will Tiny Models Catch Today's Most Powerful AI?
16:00 Is Model Routing a Commodity?
21:00 Is Amazon Making a Mistake by Blocking AI Agents?
23:00 Does the Ads Business Model Die in a World of Agents?
27:00 Can You Pay Publishers Without Killing Your Margins?
33:00 Why Parag Wants a Race to the Bottom on Price
43:00 What Stops Your AI Agent Breaking the Rules to Get Results?
45:00 Why AI Hacks Should Embarrass the Labs
52:00 What Parag Saw Working With Elon Musk

AGENDA:
04:35 Anthropic's $2 Trillion IPO Delayed. Cracks in the AI Boom?
10:30 OpenAI Faces $278 Billion Cash Burn. Out of Money by 2028?
12:55 Meta's Muse Hits No. 1. ChatGPT Finally Has a Rival?
17:05 Amazon Blocks AI Shopping Agents. Shopify Welcomes Them.
24:10 ChatGPT Inventor Launches Jev. Vercel's Fastest Launch Ever.
34:15 A $40 Million Seed Round. Is Traditional Seed Investing Dead?
39:00 Menlo Sounds the AI Bubble Alarm. Harry Calls BS.
54:00 Factory Triples Its Valuation to $5 Billion. Coding Is the Mother Lode.
1:00:20 Legora Hits $200 Million ARR. Is $11 Billion Too Rich?
1:03:50 Crusoe's $3.9 Billion Round. Is the Data Centre Trade Overheating?
1:08:55 Keith Rabois vs Airwallex. Fintech's Feud Escalates.
1:16:40 Sydney Sweeney for Airwallex? Lemkin's Wild PR Plan.

Daniel Dines is one of the greatest European founders of the last decade. As the Co-Founder of UiPath, he has scaled the business to a market cap high of $ 44BN in 2021, with the company now generating $1.72BN in revenue, growing 15% year-on-year. The company raised $2BN before its IPO, backed by Sequoia, Accel, CapitalG, Coatue and Kleiner Perkins. 


AGENDA: 
05:00 Why Dario is Wrong About Millions of AI Einsteins?
13:00 Is AI Safety Becoming an Excuse to Kill Open Source?
21:00 Does UiPath Really Need 4,000 Employees?
28:00 Would You Help Train the AI That Could Replace You?
32:00 What Percent of Salary Spend Does Daniel Spend on Inference?
34:00 Can You Really Vibe Code Your Way Out of Paying for Software?
37:00 Why Would Anyone Take Their Company Public Today?
39:00 Could an OpenAI–Anthropic Duopoly Break Nvidia's Business?
45:00 Will AI Models Capture the Value—or Will the Apps?
49:00 Is Fireworks Still Undervalued at $15 Billion?
56:00 Has Europe Already Lost—and Should Founders Leave?
1:03:00 What Could Kill UiPath—and How Is AI Changing the CEO's Job?
1:06:00 60 Supplements a Day: How Far Would You Go to Live Longer?