20VC: $3.5BN - The Price Zuck Paid for Thinking Machines Co-Founder | Goldman Sachs Acquires Industry Ventures for $665M | Softbank Borrows $5BN Against ARM Holding to Invest More Into OpenAI

Everything in life, you can price as an option. In the face of unprecedented wealth, I'm shocked to discover that most people behave badly. I don't know, man. Something's broken in, I think, the way that we're evolving as humans if everything ultimately reduces to what's in it for me. Would you prefer $2,000,000,000 in thinking machines, unlisted stock with a chance to be amazing on a chance to go burst, or 3 and a half billion dollars of liquid Facebook stock over the next five years? What I'm hearing Rory say is essentially reduce it all to fuck the big VCs. They're playing the momentum game. If shit happens, shit happens. They can handle it. This is life. This is 20 VC with me, Harry Stebbings. It is my favorite show of the week. Jason Lemkin, Rory O'Driscoll, and one of the OGs of seed investing. He just launched his new fund. I never do LP checks. Never. When Roger did his fund, I was begging to be an LP in Roger's fund and also writing my largest ever LP check. Roger is one of the greats. Today, we discuss everything from Andrew Tullock leaving Thinking Machines to rejoin Meta to SoftBank borrowing $5,000,000,000 against their ARM stock to invest more into OpenAI, industry ventures being bought by Goldman Sachs and what that means for the future of venture, and so much more. I want these shows to be the best shows you listen to every week. Let me know what I can do to make it better. Harry at twenty v c dot com. But before we dive into the show today, now most people who get scammed never talk about it. And if it can happen to tech savvy professionals, CEOs, and investors, it can happen to anyone. But the problem isn't just losing money, it's that today's scams, they're built differently for a very new world. One where AI can generate convincing messages in seconds and fake sites look more like real sites than the real thing. Traditional tools were not built for this future and that's why Guardio exists. Guardio is this incredible predictive and proactive engine. It leverages advanced AI threat detection to block highly targeted, socially engineered scams before they ever reach you. From phishing emails and fake login pages to financial fraud, Guardio protects you across the ways people actually live and work online. And security shouldn't be complicated. Guardio continuously monitors across all your accounts and devices, uncovering risks in real time and guiding you to close gaps before attackers exploit them. Trusted by over a million users, Guardio is setting the new standard for personal cybersecurity. Visit guard.io/20vc today to start your seven day free trial because the threats of tomorrow, they're already here and Guardio is built to stop them. And as guard.io protects your clicks, acuity scheduling ensures our time stays on track. This show is brought to you by Acuity scheduling, the flexible scheduling software that helps …