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 · 2025-04-18 · 64 min · 13,001 words

20VC: Foundation Models: Who Wins & Who Loses | How Economies and Labour Markets Need to Change in a World of AI | China vs the US in an AI Race: What You Need to Know | Rich Socher, Founder @ You.com

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You are listening to 20 VC with me, Harry Stebbings. Now what on earth is going on in the foundational model layer? It seems like there are new releases, new updates, new winners and losers every week. I wanted to sit down with one of the best in the space to understand what really is going on and how we should think about it. So joining me in the hot seats today, we have Rich Sothe,

founder and CEO of U.com. Before founding U, Rich served as chief scientist and EVP at Salesforce. Before that, he was the CEO-CTO of the AI startup Metamind, which Salesforce acquired. He's also widely recognized as having brought neural networks into the field of natural language processing, inventing the most widely used word vectors, contextual vectors, and prompt engineering. No one better for this topic today, and it was a fantastic

discussion to analyze where we are with foundational models. But before we dive into the show today, SecureFrame empowers businesses to build trust with customers by simplifying information security and compliance through AI and automation. Thousands of fast-growing businesses, including NASDAQ, AngelList, Doodle, and Coda, trust SecureFrame to expedite their compliance journey for global security and privacy standards such as SOC2 and ISO 27001, CMMC, NIST standards, and more. Backed by top-tier investors in corporations like Google and Kleiner Perkins, the company is among Forbes's list of the top 100 startup employers for 2024.

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