Descriptions:
This episode of 20VC with Harry Stebbings covers several major stories at the intersection of tech, venture capital, and the AI industry. The centerpiece is SpaceX’s historic $75 billion IPO roadshow, valuing the company at roughly $1.77–1.8 trillion. Hosts dissect Elon Musk’s unusual decision to pre-set the share price at $135 — bypassing traditional banker-led price discovery — and debate whether a book that is only 2x subscribed suggests a muted opening pop.
On the AI side, the episode covers OpenAI’s move toward going public alongside the launch of its Dreaming V3 model, and Apple’s reported decision to rebuild Siri on Google’s AI infrastructure. RAMP’s latest funding round at a $44 billion valuation rounds out the deal news.
Additional segments examine the fintech landscape: why Revolut reached a $115 billion valuation in Europe while Chime sits at $5 billion in the US, attributed largely to how inefficient incumbent European banks created the opening. The episode closes with a discussion sparked by Greg Eisenberg’s viral tweet about founder horror stories with VCs, including remarks from the Cloudflare CEO, leading to a broader conversation about how deeply founders remember bad investor behavior and whether the current transparency wave changes venture dynamics.
📺 Source: 20VC with Harry Stebbings · Published June 11, 2026
🏷️ Format: Podcast
