20VC: Benchmark Loses Another Partner | Elad Gil Raises a Monster $1.5BN Solo GP Fund | Why Apple Need a Management Overhaul | Why Google is the Best Performing Hyperscaler | Will Cursor Hit $4BN ARR & Lovable $400M ARR by EOY 2026?

Ironically, Google, whom we all piss on, has executed the best of the four. They have a model that works. Apple doesn't even have a product that works. Microsoft bought someone else's product but then doesn't quite own it, so it's kind of weird. Facebook is desperately trying to buy product, but it's not like out of success.

It's out of terrible psychological need for a product, even though they don't have a business to justify it. I don't think these guys are too powerful. If anything, I think they're a bunch of rich people on the back foot behind the new trend desperately trying to catch up. This is 20VC with me, Harry Stebbings, and it is my favourite show of the week. Jason Lemkin, Rory O'Driscoll and me sitting down to discuss the biggest news in tech.

I want to hear your thoughts on this format of show. It has very quickly become the most popular show that we do. Let me know, Harry, at 20vc.com. This is the best one we've ever done, very simply. Incredible debates, more lessons for me than ever before.

We already have this episode, so unlocking it is cheap and permanent: the full transcript (81 minutes, 17,176 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 10 episodes for $5, and monthly plans are cheaper still.