AGENDA: 04:02 NVIDIA&#x27;s GTC: What You Need to Know 11:39 Meta&#x27;s 20% Layoffs &amp; Atlassian Lets Go of 1,600 21:42 How to Test AI Fluency in Employees 30:59 Anduril Lands $20BN Army Contract 46:46 Travis Kalanick Returns With Atoms 49:55 If Travis Kalanick Ran Uber Today, Would it be $1TRN Company? 56:03 When is it Right to Replace Founders 01:04:24 Adobe CEO Exit Shock

20VC: The Return of Travis Kalanick: Uber Would Be $1TRN Today With Him | NVIDIA Predicts $1TRN in Revenue: Everything You Need to Know From GTC | Anduril Lands $20BN Army Contract | Adobe CEO Shock Exit: The Dominos Falling

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

# Full Transcript

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

## Participants

- **Harry Stebbings** (The Twenty Minute VC)
- **Jason Lemkin** (SaaStr)
- **Rory O'Driscoll** (Scale Venture Partners)

## Transcript

[SPEAKER_01] But man, this is summer at NVIDIA. These are unprecedented levels of capex spend and now we're forecasting them to keep going for four or five years. Wall Street is simple. If you give them growth, they leave you alone. If you don't give them growth, you better give them profitability. And if you don't give them either, they're going to bust your chops. And today, compute eats jobs.

[SPEAKER_00] You do not need to be technical to win with AI agents in Q2 of 26. You do not need to be even 1% technical.

[SPEAKER_01] The bigger your fund size, the more you have to be a power law junkie. There's no investment opportunity so good that excess capital won't destroy it.

[SPEAKER_00] I think Travis Kalanick would be a trillion dollar company today because it would be five years ahead of where it is today.

[SPEAKER_02] This is 20VC with me, Harry Stebbings. It's my favorite show of the week. Jason Lemkin, Rory O'Driscoll, the biggest news in tech. So what are we discussing this week? GTC, what happened with NVIDIA, everything that you need to know. Andrew Hill's $20 billion contract, one of the largest contracts ever. Then finally, seed funds. Why $50 to $100 million seed funds could be the worst performing size fund of this vintage.

[SPEAKER_02] But before we dive into the show today, I run 20VC fund and I get this question from founders all the time. Harry, I can't find a good .com. Do you have a hookup? Let me tell you now, the answer is always going to be no. I don't have a guy or gal for that. I do have a recommendation though. If you're building a tech startup, get a .tech domain. Tech startup, .tech domain. It couldn't be more simple or obvious. As an investor, I appreciate founders who put thought into their branding. When I see .tech in your name, it tells me right away that tech is at the core of your build.

[SPEAKER_02] It'll say that to your customers too. A clean and sharp domain like .tech pays off in the long run. Look at the companies using .tech. Nothing.tech, 1x.tech, Aurora.tech, CES.tech, Ultra.tech, Alice.tech, Neon.tech, Blaze.tech, Pi.tech. Great tech companies. They all use the .tech domain. These are my two cents. If you're building a tech startup, don't overthink it. Secure your .tech domain from any registrar of your choice.

[SPEAKER_02] While .tech gives modern companies a home online, Checkout helps that home convert by turning traffic into revenue. Over the past 15 years, Guilherme Puzaz has led Checkout.com through what he calls the velocity years, a period of hyper growth with relentless product building. The lesson? High growth is a gift, but it demands ruthless focus. As his mother put it, play the game you're good at. For Checkout.com, that game ...

20VC: The Return of Travis Kalanick: Uber Would Be $1TRN Today With Him | NVIDIA Predicts $1TRN in Revenue: Everything You Need to Know From GTC | Anduril Lands $20BN Army Contract | Adobe CEO Shock Exit: The Dominos Falling

Transcript

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20VC: The Return of Travis Kalanick: Uber Would Be $1TRN Today With Him | NVIDIA Predicts $1TRN in Revenue: Everything You Need to Know From GTC | Anduril Lands $20BN Army Contract | Adobe CEO Shock Exit: The Dominos Falling

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.