The Twenty Minute VCDatabricks at $100BN, CoreWeave’s $11B Debt Bet & Nubank’s $2.5B Profit Shocker - Ep.19
Episode Details
EPISODE INFO
- Released
- August 21, 2025
- Duration
- 1h 34m
- Channel
- The Twenty Minute VC
- Watch on YouTube
- ▶ Open ↗
EPISODE DESCRIPTION
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. 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. ----------------------------------------------- In Today’s Episode We Discuss: 00:00 Intro 01:25 Databricks hits $100B: Bubble or just the beginning? 04:14 Is Databricks actually undervalued at 25x revenue? 13:27 Can Andreessen’s Databricks bet return $30B+? 19:13 Is the return of Chamath’s SPACs the ultimate bubble signal? 29:24 Should OpenAI staff be cashing out billions in secondaries? 35:44 Founder raises $130M… then walks away. Is this the new normal? 38:40 Nubank’s $2.5B profit: The best FinTech in the world? 52:36 CoreWeave takes on $11B in debt: smart bet or ticking time bomb? 01:12:07 Will AI spend really hit trillions—or is it all hype? 01:26:43 Kalshi Quick-Fire Round ---------------------------------------------------------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZ... Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast... Follow Harry Stebbings on X: / harrystebbings Follow Jason Lemkin on X: / jasonlk Follow Rory O’Driscoll on X: / rodriscoll Follow 20VC on Instagram: / 20vchq Follow 20VC on TikTok: / 20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/con... ----------------------------------------------- #20vc #harrystebbings #roryodriscoll #jasonlemkin #chatgpt5 #databricks #datadog #openai #coreweave #nubank
SPEAKERS
Jason Lemkin
guestSaaS investor and operator, founder of SaaStr.
Harry Stebbings
hostFounder and host of 20VC, venture capital interviewer and commentator.
Rory O’Driscoll
guestVenture capitalist and tech investor.
EPISODE SUMMARY
In this episode of The Twenty Minute VC, featuring Jason Lemkin and Harry Stebbings, Databricks at $100BN, CoreWeave’s $11B Debt Bet & Nubank’s $2.5B Profit Shocker - Ep.19 explores aI boom fuels mega-valuations, debt bets, and fintech breakouts worldwide Databricks at roughly $100B is framed as potentially “reasonable” or even undervalued given ~4B ARR and ~50% growth, but only if growth persistence holds long enough to grow into the multiple.
RELATED EPISODES