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 · 2025-06-19 · 67 min · 13,756 words

20VC: Scale's $14.8BN Acquisition: Is Scale a Dead Man Walking / What Did Meta Buy | Chime IPO: Are IPOs Hotter Than Ever | Ramp Hits $16BN Diluting Only 1% | Salesforce, Slack and Dropbox Falling Behind: Are Incumbents Losing Ground

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

There's no way that scale can recover from losing its founders. I love you, but it's a dead man walking instantly. I could imagine an entire IPO cycle where once again neither of the two names you cited chose to go out, and we get to the end of the year. I'm starting to lose confidence in the old guard. In situations of ambiguity, the person who has the most leverage has the best chance to win.

And I would argue Microsoft has quite a lot of leverage because it's not existential for them. I think they have no leverage, actually, honestly. I'm not trying to be a uh a chaos agent like our prior guest. It's time for my favorite show of the week where we sit down with Rory O'Driscoll and Jason Lamkin to discuss the biggest news stories from the week.

This week, we were not short of topics. First, scale acquired by Meta for 14.8 billion, then we have the Chime IPO, then we have Microsoft and OpenAI disagreeing again. And so much more. But before we dive in today, here are two fun facts about our newest brand sponsor, Kajabi. First, their customers just crossed a collective $8 billion in total revenue.

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