The Twenty Minute VC (20VC) · 2026-06-25 · 1h 24m
AGENDA: 00:00 - Google Loses Two AI Legends as Anthropic Wins the Talent War 14:45 - China's $50B DeepSeek Bet Changes the AI Power Balance 27:15 - AI's Memory Crisis Has Begun - Apple Warns of a '100-Year Flood' 30:00 - Wall Street Finally Asks the $725 Billion Question: Who Pays for AI? 41:00 - We Built an AI Finance VP... and It's Better Than Humans 46:30 - The Death of Moats? Why Founders Should Stop Talking About Defensibility 58:30 - Databricks, ServiceNow & the New AI Software Winners 01:07:00 - The Seat-Based SaaS Model Is Dying 01:12:00 - OpenAI's Custom Models Could Rewrite Enterprise Software 01:17:00 - OpenAI's Biggest Threat Isn't Anthropic Anymore
20VC: Dario and Anthropic Declare War on Open-Source | Coinbase Slash AI Spend by 50% | Kalshi's $40BN Valuation and Impending IPO | Bending Spoons: Smartest IPO of 2026 and the Year for SaaS Roll-Ups78 / 100
20VC: Leo Aschenbrenner's Largest Holding: Inside the $90BN Bloom Energy | Why Electricity, Not AI Models, Will Decide the Winners of the AI Race | Why We Are Not in an AI Capex Bubble | Energy Sovereignty and The Future of Power with KR Sridhar
20VC: How We Got Fred Wilson, Benchmark and Index to Invest $94M | Why Robinhood's Strategy is Wrong | Why 1-1s are BS and What Every Founder Gets Wrong About Equity | Why Taste Beats AI But How AI Kills Org Charts with Paul Erlanger, CEO @ fomo
20VC: Nikesh Arora on the Frontier Model Problem: Breadth vs Depth | The Future of Token Costs | Memory Becoming the Moat | Where Value Accrues: Infra, Models, or Apps? | Why Enterprise AI is Not Ready & Systems of Record vs Systems of Intelligence
20VC: Why Remote Work is White Collar Fraud | Why Revenge and Patriotism are the Best Founder Traits | Two Questions Every Founder Needs to Ask | The Wild Story of Raising $1BN from Masa Son in an Hour Long Meeting with Ryan Peterson, Founder @ Flexport