Sourcery VC
Showing 1–15 of 205 transcripts.
- 55 min
Perplexity CEO: SMBs Could Drive the Next Economic Boom
Aravind Srinivas, Molly O'Shea
Perplexity is negotiating a strategic investment from NVIDIA at a valuation exceeding $30 billion while reporting a fivefold year-over-year revenue surge driven by enterprise adoption of its new "Perplexity Computer" AI agent. CEO Arvind Srinivas is steering the company toward a recursive business model that targets small and mid-market businesses, leveraging a hybrid compute strategy that orchestrates tasks between local hardware and cloud resources to achieve cost efficiency at scale. To address emerging security risks in multi-agent systems, Perplexity is simultaneously releasing open-source auditing tools and exploring sovereign deployments to serve government clients who require strict data privacy and compliance.
- 1h 25m
USV’s New $900M Fund: Fred Wilson, Rebecca Kaden & Mike Mignano
Fred Wilson, Rebecca Kaden, Mike Mignano, Michael Mignano, Nick Grossman, Brad Burnham, Molly O'Shea
Union Square Ventures closed its latest fund with $900 million in commitments to strategically invest in 30 to 40 companies focused on AI applications, physical AI, and energy infrastructure. The firm is shifting toward seed and Series A rounds with larger check sizes to maintain significant ownership stakes while incubating proprietary seeds that prioritize open-source models and deep market restructuring over incremental automation. Partners Mike Mignano, Rebecca Caden, and Fred Wilson emphasize a "Rebel Alliance" approach to dismantle legacy gatekeepers and build long-term value in emerging markets like nuclear power and robotics, targeting single-digit billion-dollar exits through concentrated bets on future utility rather than current revenue metrics.
- 28 min
Stripe’s John Collison: AI Agents Will Rewire the Internet
John Collison, Molly O'Shea, Paul
In 2025, Stripe processed $1.9 trillion in payment volume while pivoting its acquisition strategy toward crypto-native infrastructure and multi-model routing to support a predicted "Singularity epoch" of recursive AI self-improvement. The company forecasts a surge in new firm creation driven by accessible AI tools but warns of a widening cybersecurity gap where agile startups outpace legacy enterprises in defense against AI-empowered attacks. Concurrently, Stripe is shifting its internal focus from human-centric APIs to "AI ergonomics" and analog operational habits to navigate a commerce landscape where autonomous agents are displacing traditional product discovery and aggregators.
- 59 min
If an AI Model Can Cheat, It Will | Turing CEO on Reward Hacking
Jonathan Siddharth, Molly O'Shea
Shifting focus from test mastery to real-world application, the event details the 2026 transition where enterprises leverage simulated reinforcement learning environments to deploy autonomous agents for complex, long-horizon workflows. Organized by Turing in partnership with NVIDIA and Anthropic, the discussion highlights how custom open-weight models and proprietary frontier systems will coexist to optimize core business processes while addressing emerging safety risks like emergent cooperation and biological threats. The dialogue concludes with a strategic roadmap for the next decade, emphasizing a slow takeoff of superintelligence to solve fundamental human constraints through rigorous safety engineering and the democratization of healthcare.
- 1h 2m
Inside Oak HC/FT's $1M to $100M Check Strategy
Annie Lamont, Andrew Adams, Todd Park, Brad Smith, Dave Clark, Molly O'Shea
Annie Lamont, Managing Partner of Oak HCFT, leverages her firm's expanded focus on healthcare and FinTech to deploy horizontal AI platforms while navigating a national security landscape where China has captured half of global non-R&D pharmaceutical spending. Lamont highlights seminal breakthroughs in the industry, including a portfolio company that achieved 100x productivity in antibody design and the rapid scaling of Devoted Health through a technology-driven Medicare Advantage model. With a barbell investment strategy prioritizing top-tier entrepreneurs, the firm is allocating substantial capital to augment clinical workflows and simulate economic agents to address rising administrative costs and rural healthcare disparities.
- 14 min
IMEC Says Today’s AI Will Look Ancient in 10 Years
Steven Latré, Adam Chambers, Molly O’Shea
As the semiconductor industry confronts the physical limits of Moore's Law, a strategic pivot toward inventive hardware architectures and photonics is reshaping AI infrastructure to overcome critical bottlenecks in memory scarcity and thermal management. Leading research from entities like IMEC and market shifts driven by hyperscalers signal a transition from brute-force model scaling to specialized components that prioritize energy efficiency and data transfer speed. Consequently, the sector is undergoing a hardware-first renaissance where success depends on manufacturing capacity and the integration of copackaged optics rather than traditional parameter expansion.
- 22 min
The $500B Opportunity in Europe’s Defense Buildout
Aistis Šimaitis, George Hadjiminas, Bruno Wejchert
Driven by the Russia-Ukraine conflict's demand for mass production over high-tech prototyping, Onodrim Industries and FION are consolidating Europe's fragmented defense manufacturing base to address critical supply chain bottlenecks and scale capabilities for a projected trillion-dollar market. While companies like Helsing build the necessary AI intelligence layer, the sector faces the dual challenge of reducing component costs and overcoming years-long lead times for power and memory chips that currently hinder industrialization. Experts predict a symbiotic merger of technology and industrial firms will eventually spawn a €500 billion European defense giant, provided startups survive the risk of a funding bubble by proving their capacity for reliable, large-scale output.
- 33 min
The $10T AI Buildout Has a Photonics Problem
Herwig Van Hove, Yannick De Koninck, Molly
Responding to the physical bandwidth limits of copper interconnects in AI clusters, Tima leverages a $4x market-scale investment to industrialize optical photonics through a turnkey European foundry located near IMEC. The company, founded by ex-NVIDIA executive Yannick Van Den Abbeele, targets a 2027 production ramp-up to address critical supply chain gaps while recruiting senior leadership from IMEC and TSMC to overcome manufacturing yield challenges. By establishing a sovereign European hub, Tima aims to transform the $10 trillion AI infrastructure market by solving the latent bottleneck where 50% of an AI factory's value resides in GPU interconnection technology.
- 15 min
The $3B Company Trying to Beat Amazon Prime
Stored Logistics, founded by former eBay seller Sean, recently secured $250 million in Series F funding to expand its vertically integrated physical intelligence network that processes 100 million packages annually across one-third of U.S. households. The company leverages agentic robotics and a data-rich flywheel to lower delivery costs to approximately $5 while accelerating speeds to match Amazon Prime, achieving a sales win rate increase from 10% to over 50% for enterprise clients. By employing a roll-up acquisition strategy to deploy proprietary software on purchased logistics businesses, Stored projects annual revenues surpassing $1 billion as it aims to democratize Amazon-level fulfillment for independent merchants.
- 13 min
How Deel Scaled From $100M to $1B+ ARR in 3 Years
Shuo Wang, Alex Bouaziz, Molly O'Shea
Founder Shuo and CEO Alex have scaled Deal, a global payroll and HR platform operating in 160 countries, to a $17.3 billion valuation and $1.5 billion in annual recurring revenue. The company distinguishes itself through a remote-first sales culture spanning 120 countries, the processing of 8 billion operational data points, and a strategic focus on serving major enterprises like Chanel and 11 Labs. Shuo emphasizes that founders must prioritize sales discipline and global scalability from day one, drawing inspiration from innovators like James Dyson and Jeff Bezos to drive the platform's rapid growth.
- 1h 5m
The Secret Behind Wall Street’s Biggest Brands
Jen Prosek, Jennifer Prosek, Molly O'Shea
Prosek Partners, a global M&A communications leader that manages $70 trillion in assets, grew by betting on offensive brand building for private markets during the 2008 crisis and adapting to a landscape dominated by Large Language Model-driven reputation hygiene. The firm drives client outcomes by transforming narratives for major institutions like Apollo and Citadel through strategies that prioritize long-form audio, internal culture management, and distinctive storytelling to attract talent and improve deal sourcing. By treating digital presence as a critical asset where LLMs instantly define perception, Prosek helps financial firms navigate complex reputational challenges while avoiding the pitfalls of overexposure and negative employee leaks.
- 47 min
The Wildest Hot Takes From the All-In Summit 2026
Elon Musk, Jensen Huang, Satya Nadella, Gwynne Shotwell, Jared Isaacman, Brad Gerstner, Bill Gurley, Dina Powell McCormick, Jake Paul, Nick Shirley, Blake Scholl, Martin Shkreli, Chamath Palihapitiya, Jason Calacanis, David Sacks, David Friedberg, Naveen Rao, Jonathan Neman, Toby Rice, Wen Sang, Geoff Woo, Kent Draper, Michael Brandt, Molly
Industry leaders including Jensen Huang, Elon Musk, and Naveen Rao reached a pragmatic consensus on AI governance that prioritizes independent peer review and hardware efficiency over existential risk narratives or development halts. The dialogue highlighted a critical pivot toward solving energy constraints through massive infrastructure expansion and ultra-efficient computing to prevent a "SaaS apocalypse" while democratizing access via no-code agents. Concurrently, the speakers addressed broader economic and societal implications, warning that political interference in energy markets and outdated regulatory frameworks pose immediate threats to both AI scaling and public infrastructure projects.
- 1h 19m
a16z Just Launched a School With OpenAI, NVIDIA & Anthropic
The Horowitz-Andreessen Academy, founded by Gagan Biyani, has secured $40 million to launch a residential San Francisco program designed to cultivate AI-native builders through a high-agency, project-based curriculum rather than traditional credit hours. Distinguishing itself from standard fellowships, the institution will admit an inaugural class of 50 students for a tuition-free year starting in September 2027, prioritizing demonstrated "proof of work" over grades while partnering with industry leaders like Anthropic and NVIDIA to provide real-world resources. While the current cohort will focus on self-driven research and entrepreneurial projects, the academy plans to expand into a two-year degree model by 2028 pending regulatory approval, aiming to replace traditional college pathways for young entrepreneurs with a positive-sum, mentorship-driven ecosystem.
- 48 min
Eclipse's Lior Susan on $12.5B AUM and the Bet on Physical Industries
Lior Susan, Pierre Lamond, Gordon Moore, Molly O’Shea
Eclipse, a $12.5 billion venture firm led by Lior Glicksman and Pierre, targets the $100 trillion physical economy by operating 90 companies through a high-conviction model that blends deep operational expertise with massive capital deployment. The firm distinguishes itself by incubating vertically integrated entities in sectors like semiconductors, energy, and defense, recently highlighting strong IPO performances from Cerebras and SpaceX while securing over $40 billion in commercial deals. By rejecting traditional SaaS metrics in favor of cash flow fundamentals and fostering an "Eclipse Economy" of onshored infrastructure, Eclipse aims to drive 5-7% US GDP growth through a flywheel of manufacturing, AI, and energy systems.
- 13 min
Brad Gerstner "$4 trillion of wealth transfer to kids who would've otherwise had zero"
Brad Gerstner, Michael Dell, Molly, Elon, Dario, Jensen, David Harris
Invest America, a not-for-profit initiative backed by Michael Dell and Frank Bisignano, aims to automatically open investment accounts for all US citizens under 18 to facilitate a projected $4 trillion wealth transfer. Founder Brad Gerstner targets 70 million accounts within 30 days by integrating the program with existing 401(k) infrastructure and leveraging bipartisan political support to bypass previous legislative hurdles. The summit also featured a strategic consensus on AI safety where industry leaders and policymakers agreed that labs must lead self-regulation while incorporating independent peer review to manage emerging technological risks.