20VC: OpenAI Cuts Valuation to $1.25TRN | Public Market Meltdown: GOOG Loses $500BN in 12 Hours | DoorDash Buys Instacart for $17BN | Kalshi Raises $1BN and Cognition Eyes $80BN Valuation

Agents are an existential risk to DoorNash because their number three competitor is is nobody. All all these app platforms have a risk of slight disruption from agents. Calci is a money deal. If you want revenue velocity right now. Nothing gives you revenue velocity like inference. Physical intelligence company with relatively little revenue is worth twenty billion. Dropbox company with billions of revenue ain't worth a lot. They are. It just shows revenue multiples don't get you anywhere. This is twenty V C with me, Harry Stubbings. It's the best show of the week. It's Roryo Driscoll, it's Jason Lemkin. coming together to discuss the biggest news in tech. Today we have OpenAI's big fundraise,$1.25 trillion price down from 1.4, apparently only$11 billion committed, sad face. Um then we have the AI trade hitting a wall, Alphabet, woof.

$500 billion off the market cap overnight. Intel falling twenty nine percent. Then we have DoorDash buying Instacart for 17 billion. Base 10's new round. We have physical intelligence's new round. We have Servile's new round. God, the show just keeps on coming in terms of these Vansure financings. This and so much more in the show today. But before we dive into the show today, base 44 is one of those products I used and I just thought straight away, man, I wish I'd had this when I started 20 VC with$50 and no contacts in Vansha. I wanted to see what it could do. So I built a guest research hub for the show. Upcoming guests, company notes, previous interviews, sponsor contacts, follow ups, all in one amazing location. I described it in plain English. A few minutes later I had the product open in front of me. database, login, backend and hosting already handled and just all in one. It made it so easy. And that's what I loved. I didn't write a long spec. I didn't stitch five different tools together. I built the thing. And I started using it. For any founder listening, that's the point. The faster you turn an idea into something real, the faster you launch apps, dashboards, internal systems, AI agents, whatever you need to build, base 44 gets you there. Go to base44.com forward slash two zero VC. That's base four four.

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