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

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

Latest episodes

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46 snips
Feb 20, 2025 • 46min

20VC Exclusive: Mercor Raises $100M at a $2BN Valuation: Scaling to $70M in ARR in 24 Months | 9-9-6: 9AM-9PM - 6 Days Per Week: The Most Intense Culture in Silicon Valley | The Future of Programming, Models and Data with Adarsh Hiremath

Adarsh Hiremath, Co-founder and CTO of Mercor, shares insights on scaling from zero to $70M in ARR in just 24 months. He discusses the intense 9-9-6 work culture that drives their success and hints at challenges in maintaining morale. The conversation includes reflections on the future of programming and AI, revealing how synthetic and human-driven data will shape hiring processes. Adarsh also reveals intriguing anecdotes about their fundraising journey and the importance of a strong company culture amidst rapid growth.
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527 snips
Feb 17, 2025 • 1h 21min

20VC: NVIDIA vs Groq: The Future of Training vs Inference | Meta, Google, and Microsoft's Data Center Investments: Who Wins | Data, Compute, Models: The Core Bottlenecks in AI & Where Value Will Distribute with Jonathan Ross, Founder @ Groq

Jonathan Ross, Founder and CEO of Groq, shares his insights into the evolving landscape of AI hardware. He discusses the competitive dynamics between training and inference, noting why NVIDIA struggles with inference costs. Ross emphasizes the importance of synthetic data and efficient model performance as key to scaling AI. He also delves into the implications of data center investments by giants like Meta, Google, and Microsoft, asserting that many dollars may be lost in these ventures. Lastly, he touches on China's AI strategy and Europe's potential in the upcoming AI revolution.
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30 snips
Feb 14, 2025 • 60min

20VC: From Penniless Printing Shop Offices to Public Company and One of the Largest Entertainment Companies: The Story of LADbible | The Future of Content & Social Media | US vs Europe: Is Europe F****** with Solly Solomou

Solly Solomou, Founder and CEO of LADbible Group, shares his remarkable journey from running a printing shop to leading a global entertainment company. He recounts pivotal moments, like meeting Kevin Hart, that sparked his entrepreneurial spirit. Solly discusses the lessons learned from product failures and emphasizes the importance of building a business without external funding. He explores future trends in content, addressing the influence of wearables and the changing social media landscape, while contrasting the business environments in the US and Europe.
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415 snips
Feb 13, 2025 • 56min

20VC: Monzo: The Greatest Turnaround in Tech: From £40M Revenues, Layoffs, Downrounds and Low Employee NPS to $1BN in Revenue, Profitable and 10M Customers with TS Anil, CEO @ Monzo

TS Anil, CEO of Monzo Bank, is celebrated for his extraordinary turnaround strategy, elevating the company from £40M to £1BN in revenue with over 10M customers. He shares insights on the most profitable aspects of Monzo's business and lessons learned during fundraising. Anil discusses the challenge of expanding in Europe and the U.S., revealing why many fintechs falter in the U.S. market. He also reflects on Monzo's culture, emphasizing the balance between strong values and rapid growth while contemplating the company’s IPO strategy.
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216 snips
Feb 12, 2025 • 1h 16min

20VC: The $5BN Company Built from the Belgian Countryside | The Story of Odoo: The Company with No Plans to Sell, IPO & Their Billionaire Founder Who Does Not Care About Money with Fabien Pinckaers, Founder & CEO @ Odoo

Fabien Pinckaers, the visionary Founder and CEO of Odoo, shares his unconventional journey from a young software creator to leading a $5BN company based in Belgium. He discusses the flaws of traditional management, advocating for title-less structures and unique hiring practices focused on talent over age. Fabien reveals his indifference to money, explaining his reluctance to sell or IPO. He also reflects on the rejections from VCs, imparting lessons on pitching and the significance of remaining private to foster innovation.
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407 snips
Feb 10, 2025 • 55min

20VC: Why Model Providers Will Kill Many Startups Moving into the Application Layer | Why Deepseek is not a Threat to OpenAI & Why OpenAI Beats Anthropic | Apps vs Models vs Infrastructure: Where is Value in AI with Sridhar Ramaswamy, Snowflake CEO

Sridhar Ramaswamy, CEO of Snowflake and former Google executive, dives into the competitive landscape of AI with compelling insights. He argues that OpenAI will ultimately outperform competitors like Deepseek and Anthropic. Ramaswamy discusses how model providers might disrupt startups in the application layer and addresses Snowflake's rivalry with Nvidia and Databricks. He also shares lessons on leadership, the impact of wealth on decision-making, and parenting philosophies, offering a unique perspective on balancing personal values with corporate success.
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219 snips
Feb 7, 2025 • 45min

20Product: Product Secrets Behind Uber and Opendoor | How AI Changes the Role of the PM & The Product Development Process | How to Hire the Best Product Teams & What No One Does That Everyone Should Do with Brian Tolkin

Brian Tolkin, Head of Product at Opendoor and former Uber executive, shares his insights on product management. He discusses his experience launching Uber Pool in China, emphasizing the balance between local adaptation and user needs. Tolkin explores how AI is redefining the role of product managers and the importance of agility in product development. Key topics include prioritization strategies, the balance between data and gut instinct in decision-making, and effective sprint management techniques for high-performing teams.
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238 snips
Feb 5, 2025 • 1h 2min

20VC: Affirm Max Levchin on Why Grading Talent by Letter (A or B) is Total BS | How to Create a Culture of Post Mortems and Writing | Why You Should Only Study Failure Not Success & The Biggest Surprises Scaling to $18.7BN Market Cap

Max Levchin, the visionary behind Affirm and co-founder of PayPal, shares his insights on hiring top talent and managing extreme personalities. He challenges the traditional talent grading system, arguing it's outdated. Levchin also underscores the importance of learning from failure over success and advocates for a robust writing culture within companies. He discusses creating transparent post-mortems to foster continuous improvement and how to navigate the competitive landscape of the 'buy now, pay later' market.
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323 snips
Feb 3, 2025 • 1h 15min

20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

Nabeel Hyatt, a General Partner at Spark Capital and savvy investor in AI startups, shares his insights on the evolving venture landscape. He critiques traditional VC strategies and emphasizes the need for a shift in mindset to succeed in AI investing. Nabeel discusses the flawed structure of the VC industry, stressing why many firms may be out of touch with current realities. He categorizes AI startups into adaptation, evolution, and revolution, showcasing how genuine founder relationships and a long-term vision are essential for navigating the complexities of this fast-paced market.
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155 snips
Jan 30, 2025 • 1h 6min

20VC: Lime's CEO on Going from Losing $3 on Every $1 to $90M in EBITDA | How Lime Built the Global Leader in Micromobility When Competitors Went Bust | Losing 90% of Revenues in COVID and The Uber Deal That Saved the Company with Wayne Ting

Wayne Ting, CEO of Lime and former Uber executive, dives into transforming Lime from a loss of $3 for every $1 into a profitable venture generating $90M in EBITDA. He shares how COVID-19 forced them to pivot quickly after losing 95% of revenues overnight. The conversation uncovers insights into the strategic Uber partnership that salvaged the company and innovations in battery technology that revolutionized operations. Wayne also critiques the damaging effects of VC hype cycles on startups and emphasizes the importance of capital efficiency in thriving businesses.

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