The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 2026-08-13 · 87 min · 19,117 words

20VC: Canva Slashes Growth: How Much is it Really Worth | Demis Hassabis and Jeff Dean: Talent Exodus at Google | Revolut's $50BN CEO Pay Package | Elon Musk's $55BN Terrafab

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There's gonna be a lot of people pay the bill in twenty six and twenty seven. For a certain amount of hesitancy in twenty three and twenty four. The only way you prove that you're not dying is by growing. It doesn't matter what you think, big guy, you're in this journey for the next twelve months. Buckle up. Because liquidity will only come at the end of the journey. It must be extraordinarily validating if you're Jeff Dean. To leave.

As a non CEO of a f two or three trillion dollar market cap public company and have the stock go down by a couple of hundred billion dollars. Google's efforts so far are B plus A minus. They're not A plus. I mean this is such an entitled podcast. Oh a poor anthropic engineer only made thirty five million. I mean go out to the goddamn panhandle, no one's making fifty grand. When they say it's not about the money, it's about the money. Any investment I've made that is not run by a founder is a zero. It's gonna be a zero in this age. This is twenty VC with me, Harry Stabbings, and it's my favorite show of the week. Rory O'Driscoll, Jason Lamkin, and me shooting the shit on the biggest news in tech. So what happened this week that we discussed? Canva cuts 2026 growth. By a third? Ouch, as AI serving costs blow up. Next, Jeff Dean leaves Google after 27 years. It gets worse. Damas Sasabis, the OG of AI, then steps back from Google Deep Mind. Also, God poor Sundar, that is one bad day at the office. And then Elon Musk. As always comes out with one of the most ambitious projects with Terrafab, where we unpack the jobs that come from it, the first real installment of sixteen point eight billion dollars, and just what it would mean for him in terms of structurally not having to beg at the tower of TSMC.

But before we dive into the show today What's one thing in business that's spreading as fast as AI? AI risk. Every new tool your team signs up for, every vendor that turns on AI features, every new integration, each one, I'm sorry to say, is an opportunity for something to go wrong. And most security programs weren't built for AI's pace of growth. Well, that's where Vanta comes in. Vanta is the number one achievement. Trust platform used by over 16,000 fast-moving companies like Ramp. Cursor, Harvey, and more to ensure they're always audit ready. And now Vanta's helping companies like yours. Watch for the risks that show up between audits across your vendors, your AI tools, and your whole environment. How? Well, the Vanta agent works like a 24-7 GRC engineer in the background, finding issues, drafting fixes, and cutting vendor agreements. Time by up to 50%. Whether you're a fast growing startup or a global enterprise, Vanta's here to help you automate your security and your compliance and earn and prove trust. My listeners get a special offer, oh yes, a special offer,$1,000 off Vanta at vanta.com slash 20 VC. That's V-A-N-T-A.com.

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