20VC: General Catalyst CEO Hemant Taneja on The Future of Venture Capital: Chanel vs Walmart | Lessons Scaling GC to $40BN in AUM | Investing $5BN+ Into Stripe Over 14 Rounds | Investing Hundreds of Millions into Anthropic at $60BN Valuation

Our aspirations in venture capital is to be the best seed firm in the world. Venture capital can't scale and performance at the same time. I deeply believe that. Just because we have more money doesn't mean there are more Patrick Collison's, Sam Altman's that are gonna go build iconic companies. I lost the series a of Stripe. I lost the series a of Samsara. I lost the series a of Snap. Triple triple double double is definitely dead. Going from one to three to nine to 27 is not interesting, or one to five to nine to 27 is not whatever the math is, not interesting. You gotta go, like, one to 15 to 20 to a 100. You are listening to 20 VC with me, Harry Stebbings. Now I'm so excited for the show today. Today, we welcome Hemontaneja, CEO and leader of General Catalyst. Now Hemont has scaled GC over the last scaled GC over the last decade into one of the largest platforms in venture with over 40,000,000,000 in assets under management. He's also been one of the most influential investors leading early investments in Stripe, Snap, Gusto, Samsara, Grammarly, and Canva to name a few. He also played an incredible role in Livongo's 18 and a half billion dollar merger with Teladoc, one of the largest digital health deals in history. This show is incredibly wide ranging with everything from the future of labor to geopolitics to the future of venture capital. I loved doing this show. Hemont was so open, and it was just fantastic. You can check it out on YouTube by searching for twenty v c, and I cannot wait to hear your thoughts. But before we dive into the show today, I love seeing the team come together to make this show happen. What I don't love is trying to keep track of all the information, the data, and the projects that we're working on across dozens of platforms, products, and tools. That's why we use Coda, the all in one collaborative workspace that's helped 50,000 teams all over the world get on the same page. Offering the flexibility of docs with the structure of spreadsheets, Coda facilitates deeper teamwork and quicker creativity, and their turnkey AI solution, the intelligence of Coda Brain, is a game changer. Powered by Grammarly, Coda is entering a new phase of innovation and expansion, aiming to redefine productivity for the AI era. Whether you're a start up looking to organize the chaos while staying nimble or an enterprise organization looking for better alignment, Coda matches your working style. Its seamless work space connects to hundreds of your favorite tools including Salesforce, Jira, Asana, and Figma, helping your teams transform their rituals and do more faster. Head over to coda.io/20vc right now and get six months off the team plan for startups for free. That's coda, coda,.io/20vc and get six months off the team plan for free, coda.io/20vc. And while Coda keeps your team aligned, Radix …