20VC: Cursor Raises $2.3BN: Who Wins the Coding War | Peter Thiel and Softbank Sell NVIDIA: Analysed | Why Venture Capital Will Hit $1TRN and the Opening of Retail | Why Stripe and the Best Companies Will Never Go Public

This podcast episode features a discussion on the current state and future of venture capital, particularly focusing on AI-driven companies like Cursor and Ramp. The panel analyzes Cursor's high valuation, debates the potential for TAM expansion in AI coding, and explores the balance between profitability and durability in the face of competition from major players like OpenAI and Anthropic. They also discuss the increasing trend of companies doing multiple funding rounds in a single year and the shift in the late-stage investment landscape, with traditional early-stage firms now participating in later rounds. The conversation touches on potential market corrections, the role of retail investors, and the evolving dynamics of IPOs versus secondary markets, concluding with a quick-fire round of investment choices.