Skip to content
The Twenty Minute VCThe Twenty Minute VC

Anthropic vs The Pentagon: Who Wins? | The Data Center Arms Race | The Ultimate Stock Picks

Jason Lemkin is one of the leading SaaS investors of the last decade with a portfolio including the likes of Algolia, Talkdesk, Owner, RevenueCat, Saleloft and more. Rory O’Driscoll is a General Partner @ Scale where he has led investments in category leaders such as Bill.com (BILL), Box (BOX), DocuSign (DOCU), and WalkMe (WKME), among others. ---------------------------------------------------------------------------------------------- Timestamps: 00:00 Intro 01:09 Anthropic vs. the Pentagon: The Billion Dollar Supply Chain War 04:49 B2B Panic: Why Leading Companies Are Losing Deals to OpenAI 08:09 The Anthropic Endgame: Will Claude Eclipse ChatGPT? 15:49 The Data Center Arms Race: Is the AI Hype Cycle Finally Dead? 17:19 24/7 Persistent AI: Why You'll Soon Need Data Centers in Space 33:13 The Death of the Junior: Why Entry-Level Jobs are Vanishing 43:53 Agent-Led Growth: The Secret Reason Startups are Exploding in 2026 49:46 The Era of Gentle Deceleration Is Dead: Public Markets Turn Brutal 01:01:16 Figma Make Is Terrible? The Failure of Quarterly Software Releases 01:06:56 The Ultimate Stock Picks: What to Buy and Sell Right Now ---------------------------------------------------------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZ... Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast... Follow Harry Stebbings on X: https://x.com/harrystebbings Follow Jason Lemkin on X: https://x.com/jasonlk Follow Rory O’Driscoll on X: https://x.com/rodriscoll Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/con... ----------------------------------------------- Legal Disclaimer: The content of this podcast is for informational and entertainment purposes only and does not constitute financial or investment advice. Any discussion of stocks, public markets, or investment strategies reflects the personal opinions of the speakers and should not be relied upon when making investment decisions. Figures, valuations, and financial data referenced may be estimates or subject to error. Always consult a qualified financial adviser before making any investment decision. The views expressed are those of the individual speakers and do not represent the views of 20VC or its affiliates. ----------------------------------------------- #20vc #harrystebbings #roryodriscoll #jasonlemkin #anthropic #openai #ai

Rory O’DriscollguestHarry StebbingshostJason Lemkinguest
Mar 12, 20261h 21mWatch on YouTube ↗

Episode Details

EPISODE INFO

Released
March 12, 2026
Duration
1h 21m
Channel
The Twenty Minute VC
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

Jason Lemkin is one of the leading SaaS investors of the last decade with a portfolio including the likes of Algolia, Talkdesk, Owner, RevenueCat, Saleloft and more. Rory O’Driscoll is a General Partner @ Scale where he has led investments in category leaders such as Bill.com (BILL), Box (BOX), DocuSign (DOCU), and WalkMe (WKME), among others. ---------------------------------------------------------------------------------------------- Timestamps: 00:00 Intro 01:09 Anthropic vs. the Pentagon: The Billion Dollar Supply Chain War 04:49 B2B Panic: Why Leading Companies Are Losing Deals to OpenAI 08:09 The Anthropic Endgame: Will Claude Eclipse ChatGPT? 15:49 The Data Center Arms Race: Is the AI Hype Cycle Finally Dead? 17:19 24/7 Persistent AI: Why You'll Soon Need Data Centers in Space 33:13 The Death of the Junior: Why Entry-Level Jobs are Vanishing 43:53 Agent-Led Growth: The Secret Reason Startups are Exploding in 2026 49:46 The Era of Gentle Deceleration Is Dead: Public Markets Turn Brutal 01:01:16 Figma Make Is Terrible? The Failure of Quarterly Software Releases 01:06:56 The Ultimate Stock Picks: What to Buy and Sell Right Now ---------------------------------------------------------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZ... Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast... Follow Harry Stebbings on X: https://x.com/harrystebbings Follow Jason Lemkin on X: https://x.com/jasonlk Follow Rory O’Driscoll on X: https://x.com/rodriscoll Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/con... ----------------------------------------------- Legal Disclaimer: The content of this podcast is for informational and entertainment purposes only and does not constitute financial or investment advice. Any discussion of stocks, public markets, or investment strategies reflects the personal opinions of the speakers and should not be relied upon when making investment decisions. Figures, valuations, and financial data referenced may be estimates or subject to error. Always consult a qualified financial adviser before making any investment decision. The views expressed are those of the individual speakers and do not represent the views of 20VC or its affiliates. ----------------------------------------------- #20vc #harrystebbings #roryodriscoll #jasonlemkin #anthropic #openai #ai

SPEAKERS

  • Rory O’Driscoll

    guest

    Venture investor and analyst known for structured, context-heavy commentary on tech and markets.

  • Harry Stebbings

    host

    Founder and host of 20VC, interviewing and moderating discussions with tech investors and operators.

  • Jason Lemkin

    guest

    SaaS-focused investor and operator, known for commentary on software, AI, and public-market tech stocks.

EPISODE SUMMARY

In this episode of The Twenty Minute VC, featuring Rory O’Driscoll and Harry Stebbings, Anthropic vs The Pentagon: Who Wins? | The Data Center Arms Race | The Ultimate Stock Picks explores anthropic’s Pentagon clash, AI compute surge, and market reset collide Anthropic’s lawsuit challenges the U.S. government’s “supply chain risk” designation as procedural overreach, but even legal wins may not prevent the Pentagon from applying alternative pressure that hurts enterprise deal cycles.

RELATED EPISODES

Atlassian CEO: Enterprises Won't Trust Chinese AI | Why The Jury’s Still Out on Specialised Models

Atlassian CEO: Enterprises Won't Trust Chinese AI | Why The Jury’s Still Out on Specialised Models

Menlo’s Venky Ganesan on Going All-In on AI, Anthropic & Why Venture Has Changed Forever

Menlo’s Venky Ganesan on Going All-In on AI, Anthropic & Why Venture Has Changed Forever

How to Build a Sales Machine | Max Freeman, Ramp

How to Build a Sales Machine | Max Freeman, Ramp

Cognition vs Factory | Anthropic Under Threat | ElevenLabs Doubles Its Valuation to $22B

Cognition vs Factory | Anthropic Under Threat | ElevenLabs Doubles Its Valuation to $22B

Crusoe CEO: Why Everyone Gets GPU Depreciation & AI Energy Costs Wrong

Crusoe CEO: Why Everyone Gets GPU Depreciation & AI Energy Costs Wrong

AMD Buys Fei-Fei Li's World Labs for $8.2B | Meta Poaches MongoDB's CEO | Bessemer Raises $5.75B

AMD Buys Fei-Fei Li's World Labs for $8.2B | Meta Poaches MongoDB's CEO | Bessemer Raises $5.75B

Get more out of YouTube videos.

High quality summaries for YouTube videos. Accurate transcripts to search & find moments. Powered by ChatGPT & Claude AI.