20VC: $3.5BN - The Price Zuck Paid for Thinking Machines Co-Founder | Goldman Sachs Acquires Industry Ventures for $665M | Softbank Borrows $5BN Against ARM Holding to Invest More Into OpenAI
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Everything in life you can price as an option. In the face of unprecedented wealth, I'm shocked to discover that most people behave badly. I don't know, man. Something's broken in, I think, the way that we're evolving as humans if everything ultimately reduces to what's in it for me. Would you prefer $2 billion in thinking machines unlisted stock with a chance to be amazing or a chance to go burst or $3.5 billion of liquid Facebook stock over the next five years?
What I'm hearing Rory say is essentially reduce it all to, fuck the big VCs. They're playing the momentum game. If shit happens, shit happens. They can handle it. This is life.
This is 20 VC with me, Harry Sebings. It is my favourite show of the week. Jason Lempkin, Rory O'Driscoll, and one of the OGs of Seed Investing. He just launched his new fund. I never do LP checks.
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