3min chapter

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

20VC: The OpenAI Memo: Why Invest? Is it too Late to Catch OpenAI? Are OpenAI's Models Truly Defensible? Does the Value in AI Accrue to Incumbemts or Startups - Application Layer/Infrastructure? What Happens with Regulation? with Vince Hankes @ Thrive

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

CHAPTER

The Intangibles of Cryptocurrency

It's really hard to understand the pace of adoption of these major technologies and any numbers I would put on paper for you would look insane. We're talking about search potentially getting disrupted or something that enables workflow automation for hundreds of billions of dollars spent on different jobs and categories out there. The velocity with which that's ramping, you know Kareem, my partner Kareem has always saying it's the scalability properties of what they have built are so good we'd rather bet on the compounding upside of that scalability than sit on the sidelines because once it's clear it'll get priced up very quickly. It doesn't matter what company you're investing in at the prices that this round

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