20VC: Will SpaceX IPO at $1.5TRN | Will Cursor Kill Figma | Lightspeed Raises $9BN | OpenAI: $1BN from Disney, New CRO & #1 App in App Store | Oracle and Broadcom Hit: Now the Time to Buy?
20VC: Will SpaceX IPO at $1.5TRN | Will Cursor Kill Figma | Lightspeed Raises $9BN | OpenAI: $1BN from Disney, New CRO & #1 App in App Store | Oracle and Broadcom Hit: Now the Time to Buy?
20VC: Will SpaceX IPO at $1.5TRN | Will Cursor Kill Figma | Lightspeed Raises $9BN | OpenAI: $1BN from Disney, New CRO & #1 App in App Store | Oracle and Broadcom Hit: Now the Time to Buy?
The tech and venture capital landscape is undergoing a transformation driven by AI innovation, shifting investment patterns, and strategic corporate moves. As mega-funds dominate late-stage financing and public markets remain elusive for top startups, the dynamics of value creation are rapidly evolving.
Lightspeed's $9 billion fundraise highlights investor appetite for growth-stage AI ventures, though it skews capital away from seed-stage founders, pressuring emerging managers. The absence of IPOs from leaders like OpenAI and SpaceX keeps value locked in private markets, fueling a late-stage investment 'supercycle.' Disney’s $1B OpenAI investment signals a new model for IP in the AI era, while Oracle and Broadcom face volatility despite deep AI commitments. AI-driven tool convergence is reshaping software, with Cursor challenging Figma by merging coding and design workflows. Traditional SaaS incumbents risk being 'maimed' as AI redirects budgets toward agentic automation and infrastructure. Boom Supersonic pivots to selling engines for data centers, showcasing unconventional startup resilience. Meanwhile, SpaceX’s rumored $1.5T IPO reflects sky-high expectations tied more to 'Elon Option Value' than fundamentals, raising questions about post-IPO sustainability amid rich valuations.
05:25
05:25
Lightspeed earned the money by having successful early-stage companies and investing in hot late-stage deals, which are the success criteria for an LP to invest.
12:33
12:33
SpaceX is speculated to IPO at $1.5 trillion
15:40
15:40
Creativity is the new productivity in the AI age.
23:19
23:19
Oracle's stock is now seen as undervalued after its drop following heavy AI infrastructure investment.
33:19
33:19
Buying at a price much higher than the long-term average likely leads to lower returns
44:15
44:15
55% of enterprise end-user AI spend is on coding and related activities
53:13
53:13
The key question is whether incumbents can acquire innovation faster than startups can acquire distribution.
57:51
57:51
Boom Supersonic plans to sell engines to data centers, a strategic pivot that leverages engine-building expertise beyond aviation.
1:02:54
1:02:54
Elon Musk can manifest valuations beyond traditional metrics due to his track record.
