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

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 2026-06-11 · 73 min · 15,355 words

20VC: SpaceX Launches Largest Ever IPO | OpenAI Files to Go Public | Uber Cuts 23% of HR | Lovable Hits $500M ARR | Founders Revolt Against VCs: The Fundraising Horror Stories Going Viral

Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

But the one thing we know about Elon for the last 30 years is when he hears the word more risks, he says, yes, please, I'll have two. I think the IPO nominally will be a dud. I don't think it will trade up dramatically. There's always money when people aren't afraid. When things get scary, it's not that money runs out, it's that money gets scared.

I'm kind of contemptuous of startups that need to be fat. I'm like, what's your excuse? In any business, there's only two things that happen. People are either making stuff or selling stuff. If AOL becomes the, becomes the the next hot thing, I mean, these guys are fucking geniuses.

Anyone who hasn't churned from AOL now ain't churned until they die. We are back, the favorite show of the week, the two OGs of SAS and a posh British podcaster. It's Rory O'Driscoll, Jason Lemkin, and me analyzing the biggest news in tech this week. So what do we have on the cards? We have the largest IPO in history,

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