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Artwork for The Twenty Minute VC (20VC): Venture Capital

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

Harry Stebbings
Venture Capital
Openai
Artificial Intelligence
Anthropic
Saas
Figma
Product Management
NVIDIA
Product Development
Startups
Spacex
Mercor
Elevenlabs
Cursor
Entrepreneurship
IPO
Private Equity
Startup Growth
AI In Sales
Meta

The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman. If you would like to see more of ... more

PublishesDailyEpisodes1495Founded12 years ago
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Artwork for The Twenty Minute VC (20VC): Venture Capital

Latest Episodes

AGENDA:

• 05:00 Canva's Growth Gets Slashed as AI Costs Explode

• 20:00 The Great Software Reset: Why 2026 Will Punish AI Hesitancy

• 29:00 Canva's Valuation Reality Check—and the LP Liquidity Trap

• 35:00 Google's AI Brain Drain: Jeff Dean Lea... more

Alex Atallah is the Founder and CEO @ OpenRouter, the unified interface for LLMs. The company has raised over $153M in funding, with the latest valuation pricing the company at $1.3BN. OpenRouter is reportedly in an acquisition process with Stripe fo... more

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 Fo... more

Special Guest: Nikesh Arora, CEO @ Palo Alto Networks.

AGENDA:

04:50 Airtable Sold to Bending Spoons for $1.285B 17:00 Leo Aschenbrenner's Situational Awareness Blows Up as Citadel Buys His $16BN Book 22:30 Anthropic's AI Models Breach Three Com... more

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Recent Guests

David Frankel
Founder of Founder Collective, early-stage seed investor
Founder Collective
Episode: 20VC: The AI Boom Will Create Enormous Roadkill: Who Wins & Loses | Why Founders Should Never Take Multi-Stage Money at Seed | Why Triple, Triple, Double, Double is Good Enough
Anastasios Angelopoulos
Founder and CEO of Arena (formerly LM Arena)
Arena
Episode: 20VC: 70% of Neolabs Will Die | There Will be a $100BN US Open-Source Model | Data is a Trillion $ Market | Governments Cannot Regulate Models: It is Too Late | The Cyber Attacks to Come Will be Insane with Anastasios Angelopoulos @ Arena
Joon Sung Park
Founder and CEO of Similie
Similie
Episode: 20VC: The Best AI Companies Have Unique Data Acquisition Strategies | Will Simile Kill Kalshi, Polymarkets and NASDAQ | How to Sign Fortune 500 Companies As Customers in Weeks with Joon Sung Park, Simile
Matt Murphy
Partner at Menlo
Menlo
Episode: 20VC: Leading Anthropic's First Ever Round | Will Open Source Threaten Anthropic's Business | Do Margins Matter in a World of AI | Why Triple, Triple, Double, Double is Not Good Enough Today | Why Series A is Hard Today with Matt Murphy @ Menlo
Osvald Nitski
CPO at Mercor
Mercor
Episode: 20VC: Mercor CPO on Revenue Concentration from Frontier Labs | Why Large Enterprise is Scared to Partner with Frontier Labs | Why Small Specialised Models is the Future with Osvald Nitski
Jason Lamkin
Venture capitalist and AI market observer
SaaS VC/Industry Investor (not explicitly stated in transcript)
Episode: 20VC: OpenAI and Anthropic Threatened by Kimi? | Should the US Ban Chinese Open-Source Models | Should Openrouter Sell & Value in the Routing Layer? | Stripe Buying Paypal: What You Need to Know
Lin Qiao
Founder and CEO, Fireworks
Fireworks
Episode: 20VC: Are OpenAI and Anthropic Overvalued? The Open-Source AI Reality | How Token Costs Will Fall 10x And Usage Will Explode 100x | The Future Is Not One AGI; It's Millions of Specialised Models with Lin Qiao, Founder and CEO @ Fireworks
Fred Turner
Co-founder and CEO of Curative
Curative
Episode: 20VC: $5BN in Revenue, 7 to 7,000 Employees in 9 Months, 206,000 Tests in a Single Day: The Craziest Story in Startups: Curative with Fred Turner
Avishai Abrahami
Founder and former CEO of Wix
Wix.com
Episode: 20VC: Wix's Founder on What Wall St Gets Wrong About AI and Wix | Will Base44 Win the Vibe Coding Wars | The Truth About the Economics of Vibe-Coding | The Buyback Disaster: Lessons Learned with Avishai Abrahami

Host

Harry Stebbings
Host of The Twenty Minute VC; known for interviewing VCs and founders with a focus on practical startup and investment insights.

Reviews

4.6 out of 5 stars from 2k ratings
  • Interesting listens

    Thanks for solid biztech insights

    Apple Podcasts
    5
    SimpleReviewYes?
    United States3 months ago
  • AI AI AI.. x100

    I really enjoyed this show in the past but recently all the episodes are about AI. Normally, I would be interested in hearing different opinions about venture capital and AI but one of the hosts is so brainwashed by AI that the whole episodes are him scaremongering. Some of the takes are so wild that it sounds like listening to some science fiction audiobook. The interviews are better but I can’t really recommend.

    Apple Podcasts
    1
    Please no AI
    United Kingdom6 months ago
  • . Super bad.

    In the beginning, I used to think that 20 VC is an awesome podcast. Not anymore. Take for example, one of the most recent episodes with the fiverr CEO. No content, emotionally, bombastic, full of curses. Not much to learn. Just opinionated people who act like preteen kids… who needs that in 2025?

    Update Jan 2026: just getting worse and worse. All big money corporate. Forget 20vc.

    Apple Podcasts
    4
    Projomni78
    United States7 months ago
  • Remove Jason

    Like the show. Rory is great on the weekly market show. Lemkin is awful. Last 3 months all he says is AI replaces people. Guy runs an events business who’s website doesn’t even work🤦‍♂️ probably vibe codes it

    Apple Podcasts
    3
    Delken101
    United Kingdom10 months ago
  • The best podcast in Venture by a mile

    The Episodes between Jason, Rory & Harry is the most important thing to listen to in tech every week in my opinion. They give multiple vantage points

    Apple Podcasts
    5
    Mike Ambrosino
    United States10 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Episodes featuring top founders and investors are frequently highlighted as must-listen content.
Some feedback calls out AI-focused episodes as repetitive or sensational, with mixed views on host style and pacing.
Guests consistently bring high-caliber insights from venture and startup worlds.
Listeners appreciate concrete, actionable startup and fundraising advice.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

20VC: Leading Anthropic's First Ever Round | Will Open Source Threaten Anthropic's Business | Do Margins Matter in a World of AI | Why Triple, Triple, Double, Double is Not Good Enough Today | Why Series A is Hard Today with Matt Murphy @ Menlo
Q: What is the current state of Series A in this environment?
Series A has become the hardest insertion point due to elevated valuations and compressed timelines; firms are expanding seed strategies and using a barbell approach to target both early-stage and outlier growth opportunities.
20VC: Leading Anthropic's First Ever Round | Will Open Source Threaten Anthropic's Business | Do Margins Matter in a World of AI | Why Triple, Triple, Double, Double is Not Good Enough Today | Why Series A is Hard Today with Matt Murphy @ Menlo
Q: Do margins matter in a world of AI and frontier models?
Margins are evolving; while many high-growth AI companies operate with lower margins today, the path to 60-70% gross margins is still feasible through optimization, data strategy, and diversified model usage across a suite of offerings.
20VC: The Best AI Companies Have Unique Data Acquisition Strategies | Will Simile Kill Kalshi, Polymarkets and NASDAQ | How to Sign Fortune 500 Companies As Customers in Weeks with Joon Sung Park, Simile
Q: Thinking about that democracy is failing, elections for a government is being incredibly useful tool. How do you think about who you can and should work with versus who you shouldn't?
The guest emphasizes that partnerships should align with the core principles and societal impact, preferring collaborations with entities that share values and that can meaningfully benefit from and responsibly implement simulation technology.
20VC: Are OpenAI and Anthropic Overvalued? The Open-Source AI Reality | How Token Costs Will Fall 10x And Usage Will Explode 100x | The Future Is Not One AGI; It's Millions of Specialised Models with Lin Qiao, Founder and CEO @ Fireworks
Q: What has to happen before the end of the year that hasn't happened for you to consider it a good year?
Lin describes the goal as scaling quickly while maintaining velocity, and the confidence to continue aggressive growth if the team and product stay on track.
20VC: Why OpenAI and Anthropic Won't Win the App Layer | Why Teams Will Get Bigger Not Smaller in a World of AI | Why AI Removes Incumbents Advantage of Bundling | China vs America: Who Wins the AI War with Arvind Jain, Co-Founder @ Glean
Q: What about open-source models—will enterprises fully switch to them in coming years?
Majority of enterprise workloads are likely to run on open-source models in three years, driven by cost, control, and the ability to keep data in-house.

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Frequently Asked Questions About This Podcast

What is This Podcast about and what kind of topics does it cover?

The show centers on early-stage investing, venture capital dynamics, and startup growth, featuring interviews with renowned VCs and founders who share practical playbooks, market views, and behind-the-scenes stories from fundraising, product, and GTM. Across episodes, topics like AI-enabled businesses, enterprise software, growth strategies, and the realities of scaling fast in competitive markets emerge repeatedly, often with candid takes on valuation, exits, and industry shifts. Notable strengths include a high-caliber guest list spanning founders and investors, a focus on actionable mentorship lessons, and a willingness to explore both macro trends and micro tactics that founders can apply immediately. The format frequently blends sharp ... more

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1. The a16z Show
2. Uncapped with Jack Altman
3. Invest Like the Best with Patrick O'Shaughnessy
4. No Priors: Artificial Intelligence | Technology | Startups
5. Y Combinator Startup Podcast

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this podcast launched 12 years ago and published 1495 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on this podcast?

Recent guests on this podcast include:

1. David Frankel
2. Anastasios Angelopoulos
3. Joon Sung Park
4. Matt Murphy
5. Osvald Nitski
6. Jason Lamkin
7. Lin Qiao
8. Fred Turner

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