Intro

Agenda:

00:00 – Why “Fund Returners” Are a Myth in Late-Stage VC

05:02 – Builder.ai Implodes: $500M Gone & Fraud Allegations Begin

11:40 – The Dirty Truth About Late-Stage Venture Math

15:57 – The Hinge IPO: Who Won, Who Lost, and Why It’s a Game Changer

23:03 – The Chime Bombshell: Late-Stage VCs Forced to Crystallize Huge Losses

27:14 – Why YC Is Both Chanel and Walmart—and Has Officially Won

33:41 – Seed Is Easy. Series A Is Brutal. Here's Why

39:50 – The Silent Killer: How Dilution Is Screwing VCs Without Them Realizing

46:04 – OpenAI’s $6B Jony Ive Deal: Genius or Delusion?

50:47 – Does OpenAI Win the Hardware War

1:02:09 – Duolingo, Klarna, and the Truth About AI Layoffs

1:13:10 – Only 20% of Unicorns Are Real. The Other 80%? Zombies

1:15:44 – Why 2021 Had an IPO Every Day — And Why That Won’t Return Soon

1:18:00 – Quickfire: AGI Dates, Half-Trillionaires, and Trump Tax Moves