20VC: Tiger Global Saved by OpenAI | Coatue's New Fund: Hype or Substance | Why SBF is the Greatest Investor of the Last 5 Years | Why Big Funds are Investing in Perplexity | The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch | Podwise
20VC: Tiger Global Saved by OpenAI | Coatue's New Fund: Hype or Substance | Why SBF is the Greatest Investor of the Last 5 Years | Why Big Funds are Investing in Perplexity
This episode explores the evolving landscape of venture capital and AI's impact on various industries, touching on fund strategies, investment decisions, and emerging market trends. The discussion begins with Owner's successful $120 million funding round, highlighting the importance of strong metrics and founder networking in securing capital, while also questioning the accelerated timelines for investment decisions. Against the backdrop of declining Series A funding, the panel emphasizes the need for startups to achieve "S-tier" status to attract investment, drawing parallels to personal experiences and the necessity of a compelling product. More significantly, the conversation pivots to Tiger Global's investment strategy, particularly its early bet on OpenAI, and debates whether this single investment can redeem the fund's overall performance, further analyzing FTX's similar position in Anthropic. As the discussion pivots to CO2's innovative fund structure offering access to retail investors, the panel debates the ethical implications and potential risks, contrasting it with the traditional venture model and questioning whether retail investors fully grasp the illiquidity of such investments. The episode concludes with a discussion on AI-driven job displacement, using Klarna's experience as a case study, and explores the implications of OpenAI's leadership structure, underscoring the increasing urgency for companies to adapt to the AI era and the potential for both disruption and opportunity.
