Jerry Murdock is the Co-Founder of Insight Partners, which manages over $90 billion in assets. Jerry personally backed companies including Twitter, Nest and Docker, while Insight&#x27;s portfolio includes giants such as Shopify, Wiz and monday.com. Across three decades, Insight has helped produce 55+ IPOs and become one of the most powerful technology investment firms in the world. AGENDA: 00:00 — Is the AI Bubble About to Burst? 11:00 — Will Half of All Neoclouds Disappear Within 36 Months? 13:00 — Can Open Source Models Actually Beat OpenAI and Anthropic? 22:00 — Are We Entering the Golden Age of Cybersecurity Attacks? 32:00 — Have AI Valuations Completely Lost Touch With Reality? 42:00 — Is AI About to Wipe Out an Entire Generation of SaaS &amp; Private Equity? 47:00 — Should We Ban U.S. Chips From Being Exported to China? 48:00 — Should We Be Fearful of Open-Source Chinese Models? 49:00 — Will Continuous Learning Kill Every AI Model We Use Today? 53:00 — Why Microsoft Remains a Mega Buy 56:00 — Which Mag 7 Giant Would You Short — and Is Apple&#x27;s AI Strategy a Disaster?

20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports &amp; Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega

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

If there is a dislocation, no one is better prepared to survive it than hyperscalers. Let's take Neoclouds. Neoclouds right now, there's a whole bunch of them. I think at least half of them go away within 36 months. Fireworks is making a lot more money than Base 10. The more you customize the model, the more the token changes its value.

This is 20VC with me, Harry Stebbings. Now everyone is calling today, peak froth, prices are out of control, there's too much money. We don't know what's gonna happen with this AI bubble. Well, you know what's really valuable in this time? Wisdom. Jerry Murdoch, joining me in the hot seat today, he's the founder of Insight. They manage over 90 billion dollars. Jerry has seen pretty much every technology cycle of the last 25 years.

He's invested in some of the biggest companies across those 25 years. And today we debunk whether we are in a bubble or not. Whether China will beat the frontier models. Whether we are about to have the greatest cyber security threats of our lifetime. This and so much more in what really is an incredible wise operator truth teller saying it like no one else is willing to today. This was incredible with Jerry.

But before we dive into the show today, every great software company eventually runs into money. Uber had to move it. Shopify had to hold it. Airbnb had to settle it. Money movement stopped being a fintech problem. It became a software problem. And increasingly, God, it's an AI problem too. Zero Hash is the infrastructure that makes global instant money movement seamless.

20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports & Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega

Read the full transcript

The candid version is on a podcast,
not the earnings call.

20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports &amp; Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega

Read the full transcript

The candid version is on a podcast, not the earnings call.

20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports & Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega

The candid version is on a podcast,
not the earnings call.