Harry Stebbings
Founder and host of the 20VC podcast and venture fund.
“We've made it too easy in some respects, and that's venture capitalists' fault.”
Source→“OpenRouter, model routing gateway, recently acquired for 'a lot of money' per Harry.”
Source→“For smaller businesses, or businesses where technology is maybe not their expertise, those are just very practical solutions.”
Source→“I'm an investor in fireworks as is Sequoia. And I think the biggest concern I would have as a fireworks or a base 10 or a modal investor would be that actually big enterprises are concerned about Chinese models.”
Source→“Faith AD sells for 8.2 billion. It's amazing. A phenomenal exit.”
Source→“If anyone's doing data center security, by the way, would love to invest in that business.”
Source→“My girlfriend's a lawyer. Six months ago, she didn't use Legora. Now she hasn't written a document in five months.”
Source→“Let me try to maybe bring a couple examples why Solve Intelligence is so special.”
Source→“We always talk about moats and defensibility. I largely think they're bullshit... Instinct is a rapper. Of course it is.”
Source→“You're seeing it cannibalize Canva's growth, if you're honest.”
Source→“Databricks wiped the floor because they move product as the priority, not GTM.”
Source→“He basically acquired a second CEO... Alex is now the CEO of Muse. And he's crushed it.”
Source→“Participants: Harry Stebbings, Jason Lemkin, Rory O'Driscoll”
Source→“Sam can have a reason not to IPO because his numbers aren't as good as Anthropic's... And Elon wants time to catch up as well”
Source→“I use Instinct in a similar power user way... It does all of my bookings, travel, restaurants”
Source→“He said that you think more like Charlie Munger than anyone he's ever met.”
Source→“This is all the great Ho Nam stories of sticking it out... He's so good at that.”
Source→“There literally was 20 posts on this wiki in the last 10 years.”
Source→“I set a firm cap... a hundred dollars is the maximum we can spend... without telling me the agent relaxed the cap and fixed the bug.”
Source→“12 billion for a bootstrap company... it took a year for Intuit to do its diligence... there was another deal that fell apart before that... it basically destroyed the company.”
Source→“What was sort of reported is that it crushed video diffusion... but maybe they made claims that it would... scale in other areas and it didn't quite work.”
Source→“Manus was disruptive. It could run, their agents ran longer and they could go further than other products we were using.”
Source→“We will see deal structures that are objectively bad for the company done more and more often to win deals... We haven't even reached the peak of crazy deal structures.”
Source→“That memo was chilling. It's like we couldn't raise the round... a great team with proven leader, very strong CTO... they just couldn't raise the capital they needed to execute.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.