20VC: Why Seed is for Suckers | a16z's $20BN Fund & Founders Fund's $4.6BN: What Makes Them So Good | Why Josh Kushner Is the Master of Venture Capital Strategy | Why Extended Private Markets Screw US Citizens with Jason Lemkin and Rory O'Driscoll

The Thrive strategy was brilliant. Buy the best property on every block. It's like Monopoly. Impact block, stripe, tick. The OpenAI block, tick, the infrastructure block, database, tick.

Then you just go home and you're done and you wait for the checks to roll in. It's genius. Why struggle to pretend you can do 8x over 20 years on a seed fund when you can just write one big check into a winner and call it a day and achieve liquidity in a quarter of the time? The multiple will be lower, but the absolute return will be higher. Like, it's so stupid.

Like, see this for suckers. This is 20 VC with me, Harry Stebbings. Now today is a new form of show. We analyzed the news from the last week, so we discussed Andreessen's new funds, Founders Fund's new $4.6 billion fund, Rippling vs. Deal, when will IPOs come back?

We already have this episode, so unlocking it is cheap and permanent: the full transcript (89 minutes, 19,209 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 10 episodes for $5, and monthly plans are cheaper still.