20VC: The Daily Deal: Coreweave IPO | Scale Hits $25BN on $2BN EOY Revenue | Sequoia's 25x Return on Wiz | Tech Stocks Tank with Tariffs | Cursor: Defensible or Dangerous Example of Lost Moats in Tech

This is the Daily Deal, a new weekly show with me and Jason Lamkin, where we sit down to discuss the latest in all things fundraising, MA, and IPOs. Now, if you like the show, it makes a huge difference if you like and subscribe, and you can find this episode on iTunes, on Spotify, and on YouTube. But before we dive in today, here are two fun facts about our newest brand sponsor, Kajabi. First, that customers just crossed a collective$8 billion in total revenue. Wow. Second, Kajabi's users keep 100% of their earnings, with the average Kajabi creator bringing in over$30,000 per year. In case you didn't know, Kajabi is the leading creator commerce platform with an all-in-one suite of tools, including websites, email marketing, digital products, payment processing, and analytics for as low as$69 per month. Whether you are looking to build a private community, write a paid newsletter, or launch a course, Kajabi is the only platform that will enable you to build and And grow your online business without taking a cut of your revenue. Twenty VC listeners can try Kajabi for free for 30 days by going to kajabi.com forward slash two zero VC. That's Kajabi.com K A J A B I dot com forward slash two zero V C. And while Kajabi helps you build and monetize your own business. Business, Harmonic helps you find the next ones before anyone else does. Did you know that half of the 27 companies started last year by OpenAI Alumni are still in stealth? I discovered this on Harmonic, the complete startup database used by Excel, Insight Manlo, and hundreds of other leading VCs, as well as go to market teams, from the likes of Notion.

Brex and Google to find the best startups and founders, even in stealth. Few things annoy me more than missing a round where we know the founder and should have led the round. But now this is a problem of the past. Harmonic maps everyone your team has ever met, emailed, or connected with to the source of truth for startups. So when that company that was just a little too early, suddenly gains traction, you won't be too late. Or when you find the perfect company for your thesis or product, you'll know that Sarah just happens to know their CTO. How does Sarah know everyone? Who knows? She's a genius. Learn how VCs and GTM teams find the best startups six months ahead of the competition on harmonic.ai. And once you've found the next great startup, you're gonna need the tools to help them scale. That's why AWS is the perfect partner for startups, and why they're proud to sponsor this week's episode of 20 VC. The AWS startups team comprises former founders and CTOs, venture capitalists, angel investors, and mentors ready to help you prove what's possible. Since 2013, AWS has supported over 280,000 startups across the globe and provided$7 billion in credits through the AWS Activate program. Big ideas feel at home on AWS, and with access to cutting edge technologies like generative AI, you can quickly turn those ideas into marketable products.

Powered assistant, try Amazon Q. Want to build your own AI products, privately customize leading foundation models on Amazon bedrock. Want to reduce the cost of AI workloads. AWS Trainium is the silicon you're looking for. Whatever your ambitions, you've already had the idea. Now prove it's possible on AWS. Visit aws.com. You have now arrived at your destination. Jason, I am so excited for this, dude. Listen, the first daily deal that we've done, thank you so much for agreeing to do it with me. Dude, I remember cold DMing you when I was at university. Uh and so it was a long time ago. I wanna start though. We are looking today, tech stocks are getting hammered. Uh late trading today in response to Trump's admin. Between ten percent and forty nine percent on imported goods with the tariffs. Apple share's falling more than six percent.

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