The Twenty Minute VCThe Impact of H1B Visas on Startups in the US & NVIDIA Invests $100BN Into OpenAI
Episode Details
EPISODE INFO
- Released
- September 25, 2025
- Duration
- 1h 25m
- 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. ----------------------------------------------- In Today’s Episode We Discuss: 00:00 Intro 01:17 Nvidia's Massive $100BN Investment in OpenAI 05:45 Is Anthropic Negatively Positioned by OpenAI Gaining NVIDIA Investment 22:24 Is Triple, Triple, Double, Double Dead 41:59 Navan Files to Go Public at $8BN 54:17 Lockup Periods and Liquidity 01:02:17 Impact of H-1B Visa Changes on Startups 01:07:40 Notion Hits $500M ARR Re-Accelerating 01:16:16 Why Founder Friendly is Total BS Today 01:19:48 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 #openai #nvidia #navan #anthropic #notion
SPEAKERS
Jason Lemkin
guestSaaS-focused investor and founder of SaaStr, known for commentary on venture markets and startup scaling.
Harry Stebbings
hostFounder and host of The Twenty Minute VC (20VC), interviewing leading investors and founders.
Rory O’Driscoll
guestVenture capitalist and longtime board-level investor with experience in fund construction and IPO/liquidity dynamics.
EPISODE SUMMARY
In this episode of The Twenty Minute VC, featuring Jason Lemkin and Harry Stebbings, The Impact of H1B Visas on Startups in the US & NVIDIA Invests $100BN Into OpenAI explores aI mega-financing, venture concentration, IPO mechanics, and H-1B headwinds debated The panel frames NVIDIA’s reported $100B OpenAI investment as a ‘let’s find out’ experiment that extends the scaling-laws bet by removing near-term capital constraints, while warning the economics may rely on heroic assumptions.
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