The Twenty Minute VC (20VC) · 2026-08-08 · 1h 25m
David Frankel is one of the great seed investors of our time. As the Co-Founder of Founder Collective he has backed the likes of Uber, Coupang, Suno, PillPack, Airtable, Whoop, Shield AI and many more. In a world of expanding fund sizes, David and Founder Collective are one of the only successful franchises to truly stick to small, boutique funds. AGENDA: 00:00 The Bubbles Are Getting Bigger - and There Will Be a Lot of Roadkill 05:21 The Worst-Performing Funds Will Be the $50M - $100M Seed Funds 25:06 "We're Greedy for Returns, Not Management Fees" 30:10 "Pro Rata Is the Original Sin" 32:59 "A $1BN Valuation Is the New Series A" 46:39 "I Have Never Seen Secondary Markets This Liquid" 58:03 Microsoft Has Done a Crappy Job of AI - and Another Dot-Com Crash Is Inevitable 01:08:25 OpenAI and Anthropic Will Be Disrupted - and China Could Do It 01:16:12 "Anyone Who Claims They Knew Is Full of Shit" 01:19:56 Our Children Won't Need to Drive - and Chemotherapy Will Look Prehistoric
20VC: SpaceX Buys Cursor for $60BN | Stripe's $8BN OpenRouter Bet | Anthropic's First Profit & The Math Behind Reaching $600BN in Revenue? | Lovable and Higgsfield Raise Mega Rounds71 / 100
20VC: Uber President on The Untold Uber Stories: Travis, China and Self-Driving | Why Autonomy Is Existential | How to Beat DoorDash to #1 in Food with Andrew MacDonald
20Growth: How to Build a $100M Growth Engine: Lessons from Wispr Flow and Superhuman | Why You Should Do Paid Ads Today and How To Do Them | How to Build the Best Referral Programs and How to Crush UGC with Matt Swulinski
20VC: Canva Slashes Growth: How Much is it Really Worth | Demis Hassabis and Jeff Dean: Talent Exodus at Google | Revolut's $50BN CEO Pay Package | Elon Musk's $55BN Terrafab
20VC: Will OpenRouter Sell for $10BN to Stripe? | Why Chinese Open Models Are Beating America - and What Happens Next | Why Enterprises Are More Fearful of Anthropic and OpenAI Than China | Is the Routing Layer Becoming a Commodity with Alex Atallah