What's happening: AI fuels record $119.5B venture fundraising despite fewer rounds
Venture capital fundraising jumped 16.9% to $119.5 billion in 2025, the strongest recovery since the 2022 market reset. The total number of rounds fell 41% to 4,859, concentrating capital in larger AI‑focused financings, with AI startups capturing 58% of Series D cash and median valuations rising across all stages.
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In this episode, a16z partners Erik Torenberg, Katherine Boyle, and Erin Price‑Wright interview Zach Dell, founder and CEO of Base Power, about the challenges and opportunities in home power generation, misconceptions around data‑center energy use, and strategies to modernize the U.S. electricity grid. The conversation then shifts to a philosophical side as Erik and Katherine speak with a16z crypto CTO Eddy Lazzarin about Nick Land, the controversial Dark Enlightenment thinker, exploring his influence on Silicon Valley culture. Throughout, the guests blend technical insight on affordable battery‑based energy solutions with a broader cultural context, highlighting both practical and ideological dimensions of the energy transition.
It’s October 12 If you haven’t gotten your investor updates out yet, that’s pretty bad, so do it today and blame: - A Solar Flare - Exhaustion From 12 Months of Straight 996 - The Fractional CFO You Hired Off LinkedIn - Spam Filters - Being...

Founders when they see competitors raising another round at half the ARR: https://t.co/bVyXFoWmI0
Here are the transcripts and top takeaways from 20VC episodes released this last week.

The post recaps the EUCVC Summit 2025 session with Tanja Lind Melskens on Europe’s defense, disruption and dual‑use innovation, and also highlights three recent podcast episodes – Kristaps Ronis discussing structured secondaries, Alper Oner and Enis Hulli on Turkey’s booming mobile‑gaming sector, and...

The post recaps several recent EUVC podcast episodes, from Nadia Carlsten and Bjarke Sejersen discussing how AI factories move from hype to operational practice, to Kristaps Ronis explaining structured secondaries as a way to give LPs liquidity without selling shares, Alper Oner...

This feels like the future of pre-IPO startup investing @joinrepublic. $HOOD is doing this in public markets, but not currently allowed in the US. https://t.co/qimPUZinyA

In this episode, former Snowflake CRO Chris Degnan walks through how he built the company’s sales organization from the ground up, detailing hiring strategies for sales leaders and the rapid scaling of a global team to over 6,000 reps. He...

The EUVC blog post recaps several recent podcast episodes from the EUCVC Summit 2025, spotlighting diverse venture themes—from Bodil Sidén and Marika King discussing global food‑security solutions, to Kristaps Ronis explaining how structured secondaries can give VCs liquidity without diluting control,...

In this EUVC podcast episode, Samuli Siren, founder and managing partner of Redstone, explains how the firm systematically maps emerging startup opportunities across Europe by combining sector‑level data, macro‑trend analysis, and network effects. He illustrates the approach with fintech, climate‑tech...
Philip Schmid dropped an astounding figure1 yesterday about Google’s AI scale : 1,300 trillion tokens per month (1.3 quadrillion - first time I’ve ever used that unit!). Now that we have three data points on Google’s token processing, we can chart...

The EUVC blog post showcases three recent podcast episodes that explore distinct venture‑capital themes: Kristaps Ronis explains how structured secondaries deliver liquidity without selling stakes, emphasizing DPI and timing; Alper Oner and Enis Hulli discuss Agave Games’ pivot from publishing to studio mode, illustrating...

In this archival Masters of Scale episode, Reid Hoffman and Shark Tank star Daymond John dissect how John grew FUBU from a modest start into a global streetwear brand by forging authentic, community‑driven partnerships and leveraging cultural relevance. John highlights...

The episode opens with a deep dive into OpenAI’s multi‑billion‑dollar partnership with AMD, a critique of Microsoft’s handling of the OpenAI relationship, and the headline announcements from OpenAI’s Developer Day. Harry then broadens the conversation, arguing that venture capital remains...

LA, we're coming for you! Our fireside chat for #LATechWeek by @techweek_ is happening Oct 14, and you’re gonna wanna be there. We’ve teamed up with @rivianofficial, @quantfi_cfo, and @FidelityPrivate to bring you an evening with two stellar humans: 🎤 @KhalZahar (Founder...
In many ways, Thrive is helping define the current era of venture capital. @vhankes is one of the best in the business; he's behind their investments in OpenAI, SpaceX, Databricks, Stripe, and many more. He's also an excellent board member and...

The post curates three recent podcast episodes that serve as masterclasses for entrepreneurs and investors: Material Security’s founders turned the 2016 election hack into a billion‑dollar email‑security startup by designing protection assuming breaches, Kevin Carter explains why India’s massive, young,...

"5 Questions to Ask When Growth Slows" https://t.co/hUTsdByjy0 https://t.co/Az0LupLabj
YC S17 alum @BillionToOneInc files for US IPO: https://t.co/CGZdNBl3lQ

The post points out that the supplied text is merely a SoundCloud browser‑compatibility notice rather than a full article. It explains that without a proper title, author, date, or body, there’s nothing to summarize. The author asks the reader to...

supabase cto knows from dms in 2020 to 5bn valuation https://t.co/JgWT9AJfsW

Paul Graham on why startup teams can outperform big companies: "small groups can be select." https://t.co/MP5mOZMkUf

In this episode Mike Gelb interviews Joe Seager, a former Virgin executive turned partner at True, to explore how his experience in a founder‑driven culture shaped a unique multi‑stage VC model that blends VC, PE, public markets, and advisory services...

This one’s a machine. Automated, profitable, lean at scale. New on @acquiredotcom: 2-site SMM ecom portfolio doing $9M TTM revenue and $2M profit. > 1M lifetime customers > $9M TTM revenue > $2.04M profit > 15% YoY growth Full listing: https://t.co/bdyQOrGZh5 https://t.co/Yl8iTRsvzV

Coming soon: AI Dealflow for VCs from https://t.co/iXj7ZJdxfx https://t.co/3uAYV5Z4pn

The post is a podcast roundup where Kent Lindstrom interviews a range of unconventional investors and founders—from 1517 Fund’s Danielle Strachman and Michael Gibson, who champion teen, non‑degree founders, to fintech veteran Frank Rotman, Lean Startup guru Eric Ries, Upfront...
Congrats to @stoke_space on their $510M Series D! They're accelerating development of their fully reusable Nova rocket and the activation of Launch Complex 14 at Cape Canaveral next year. https://t.co/W2O5qzsqEp

Sometimes, uncertain tasks are just as hard as certain ones. Work on the problems where there is more uncertainty –– that's where creativity is unleashed. @drfeifei's advice for Founders at the @Mastersofscale Summit. https://t.co/WyhhrayVbT

The article warns that incumbents—from Fortune 500 companies to entrenched government contractors—routinely sabotage startups and internal innovators through tactics ranging from patent lawsuits and procurement protests to budget strangulation, pre‑announcements and strategic acquisitions. AStartup founder cited faces roughly $500,000 in...

Surreal to see an S-1 from a company we backed when it was just the founders sharing bench space. https://t.co/YkVATB5C0b

In this episode, Mike Gelb interviews Joe Seager, partner at True, to explore how the firm’s vertically integrated, multi‑stage model gives consumer‑focused founders a strategic edge, especially within Europe’s fragmented venture landscape. Seager shares insights from his time with Richard...

The post recaps a panel from the Arctic15 LP Summit where family offices and high‑net‑worth investors discussed their growing influence on venture capital, noting that the average single family office now manages roughly $989 million and allocates 5‑10% to VC. Panelists...

The post introduces "The Desi VC" podcast, hosted by immigrant founder Akash Bhat, which aims to bridge the Indian and US venture‑capital ecosystems by sharing stories of desi founders and investors. It highlights episode E139 featuring Karthik Prabhakar, Managing Partner at...

In episode E138 of The Desi VC, host Akash Bhat sits down with Aditya Nambiar, co‑founder of Fennel AI, to explore how the AI‑driven startup is navigating the US‑India venture landscape. Nambiar shares the origins of Fennel AI, the challenges of...

The post explores how premium consumer products are breaking into mainstream retail, drawing on insights from three podcast episodes with industry leaders—Joe Seager on Europe’s multi‑stage VC model, Alex Cantwell on JUUL’s rapid rise and retail lessons, and Jake Bullock...

In this Consumer VC episode, host Mike Gelb talks with Joe Seager, partner at True, about the optimal moments to back consumer‑technology startups, highlighting True’s multi‑stage model that blends VC, PE, public and advisory support to give founders an edge....

The post introduces "The Desi VC" podcast, which bridges the India‑US startup ecosystem, and spotlights episode E137 featuring Mayuresh Raut, Managing Partner at Seafund, who shares insights on cross‑border investing, cultural fluency, and how Seafund helps Indian founders tap US capital....

The post introduces episode E136 of "The Desi VC with Akash Bhat," featuring Swati Bhargava, co‑founder of CashKaro.com, and frames the podcast’s mission to bridge Indian and US startup ecosystems through immigrant perspectives. It highlights the show’s broader lineup, including episodes...

In this episode of Consumer VC, Mike Gelb talks with Joe Seager of True about how a multi‑stage, vertically integrated venture model gives consumer founders a decisive edge, especially within Europe’s fragmented but fast‑growing ecosystem. Seager shares behind‑the‑scenes stories of...

In this episode of Sand Hill Road, host Erasmus Elsner interviews Kshitij Grover, co‑founder and CTO of Orb, about how startups can price generative AI services effectively. Grover explains Orb's usage‑based billing model, the challenges of balancing predictability for customers...

In Episode 84 of The Puck, host Jim sits down with economist Doug Holtz‑Eakin, president of the American Action Forum, to dissect the United States’ pressing economic challenges. Drawing on his academic and governmental background, Holtz‑Eakin examines sustainable growth, fiscal...

The post is a podcast‑style interview series where host Mike Gelb explores how consumer‑focused venture capital is shaping the future of healthy living, from Joe Seager’s multi‑stage model at True to Alex Cantwell’s lessons from JUUL’s hypergrowth and Jake Bullock’s...
The post highlights the "Electrifying the Market" episode of the Running Through Walls podcast, featuring GitHub Chief Revenue Officer Elizabeth Pemmerl in conversation with Venrock partner Ethan Batraski. Pemmerl recounts her near‑decade at GitHub, detailing her shift from the public...

In this post, Akash Bhat introduces "The Desi VC" podcast—a platform that connects Indian and US startup ecosystems by featuring immigrant founders and investors sharing their journeys, challenges, and insights. The highlight is episode E135 with Anish Achuthan, co‑founder and CEO...

In this episode, Mike Gelb interviews Joe Seager, partner at the multi‑stage VC firm True, about his experience working with Sir Richard Branson at Virgin and how True’s vertically integrated model supports consumer‑focused founders. Seager explains how True combines venture,...

The post highlights Opal Security’s mission to make identity and access management a security‑first, least‑privilege function, arguing that many breaches stem from weak, password‑only controls. CEO Umaimah Khan explains how Opal’s platform ingests and normalizes auth data across systems to...
The episode "If You’re Going to Bet on Anyone, Bet on Yourself" features David Stark, Morgan Stanley’s Chief Medical Officer, discussing his shift from clinical practice to a business role and urging doctors to trust their own capabilities when considering...

The post introduces "The Desi VC" podcast, which connects Indian and US startup ecosystems, and spotlights episode E134 featuring Edul Patel, co‑founder and CEO of Mudrex. It emphasizes Patel’s perspective on building a crypto‑trading platform, navigating regulatory challenges, and leveraging cross‑border...

The post is a podcast roundup where Kent Lindstrom interviews several venture‑capitalists—Danielle Strachman and Michael Gibson of 1517 Fund, Frank Rotman of QED Investors, Eric Ries, Kobie Fuller of Upfront Ventures, and David Anderman of Stellar Ventures—highlighting their unconventional backgrounds, focus on empathy, execution, and the future of tech such as...

In episode E133 of "The Desi VC," host Akash Bhat sits down with Navin Honagudi, Managing Partner at Elev8 Venture Partners, to explore how Indian‑origin investors are shaping the US startup ecosystem. Honagudi shares insights on navigating cross‑border deal flow, the...