20VC: OpenAI's Multi $BN Deal with AMD | Polymarket, Vercel and Supabase Raise Mega Rounds | Does King Making Really Work in Venture Capital: Harvey vs Legora | Chamath is Back: The SPAC is Back

Paul Graham was right. Sam Altman understands power. He has more power than AMD, so he took 10% of the company for the privilege of selling stuff to him. The interesting thing is the leverage that OpenAI has, even though they're losing a shit ton of money, precisely because they have the users. NVIDIA is making so much money, it's almost incomprehensible. So I think Jensen knows he's gotta give up some of it. The more you do this, the more you just say to yourself, you just need to do big, exciting deals in trends that are absolutely obvious. And every time you try and make it harder than that, you just you lose money. This is 20 VC with me, Harry Stebbings. It is my favorite show of the week. Now, what a show we have in store for you. So many great bits of content. We have OpenAI's partnership with AMD and their ability to buy 10% of AMD. We have their dev day announcements analyzed and broken down. We have Superbase's new round. Vercel's new round. Shamath's new SPAC is back. SPACs are back, baby. It is an incredibly fun show. I can't wait to hear your thoughts. Let me know what you think. I want this to be the best show of the week for you. Harry@20vc.com. Let me know your feedback. I want to make it better for you. But 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 defends your clicks, HubSpot turns them into customers. You wanna grow your company. Right? But instead of having the time to get to the next level, you're stuck maintaining the status quo. It's freaking maddening. Well, HubSpot's customer platform, it actually solves this. Breeze. No, it is not a fabric refreshener. This is the next generation. …