13min chapter

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

20VC: Postmates Founder Basti Lehmann on How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN, Why Great VCs Add No Value and VC Value Add is BS Marketing & Why The Biggest Companies in History Will be Born Today and Replace Incumbents

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

CHAPTER

Exploring AI, Personalization, and Future Technologies

This chapter delves into the implications of AI and machine learning, including the high costs of current models, the potential for dedicated personal AI computers, and the importance of data proximity for personalized AI assistants. It questions the future of smartphones, discusses the advantages of the next wave of AI for startups versus incumbents, and highlights companies like OpenAI and Figure for their significant contributions to the field. The speaker emphasizes the urgent need for technological advancement and leveraging intelligent tools for progress, focusing on embracing the future rather than fearing AI.

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