The Twenty Minute VCElon’s Empire: SpaceX, Tesla, Neuralink After the Storm & Anduril’s $2.6BN Power Move
Episode Details
EPISODE INFO
- Released
- June 12, 2025
- Duration
- 1h 22m
- 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 01:06 Circle’s IPO: Investors Just Left $BNs on the Table 10:14 Should Stripe and Databricks Finally Go Public? 15:54 US Stock Markets: How They DOMINATE the Global Game 20:33 50% of Unicorns Are DOOMED. What Happens Now? 25:04 Founders Fund Just Dropped $1B on Anduril. Why?! 30:25 What Would Rory Do If LPs Let You Go Wild? 37:42 What Missing Out on Millions for Docusign Taught Rory 48:27 The Shocking Data Behind the SaaS Slowdown 53:26 AI vs. SaaS: The Great Budget War Begins 01:03:29 SpaceX, Tesla, Neuralink: Elon’s Empire After the Firestorm 01:11:16 Kalshi Quick-Fire Round ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on X: https://twitter.com/HarryStebbings Follow Jason Lemkin on X: https://twitter.com/jasonlk Follow Rory O’Driscoll on X: https://twitter.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/contact ----------------------------------------------- #20vc #harrystebbings #roryodriscoll #jasonlemkin #elonmusk #trump #ai #saas #stripe #foundersfund #circle
SPEAKERS
Rory O’Driscoll
guestVenture capital investor focused on portfolio construction, fund concentration, and late-stage/private-to-public market dynamics.
Harry Stebbings
hostFounder and host of 20VC, interviewing venture and tech leaders on startups, investing, and major tech companies.
Jason Lemkin
guestFounder of SaaStr and SaaS-focused investor/operator known for commentary on SaaS growth and go-to-market.
EPISODE SUMMARY
In this episode of The Twenty Minute VC, featuring Rory O’Driscoll and Harry Stebbings, Elon’s Empire: SpaceX, Tesla, Neuralink After the Storm & Anduril’s $2.6BN Power Move explores iPO window reopens, SaaS matures, AI reshapes capital and power Circle’s IPO pop highlights both a reopened IPO market and the chronic underpricing problem, especially painful when a large portion of the deal is secondary shares sold by insiders.
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