Everything in life you can price as an option.

In the face of unprecedented wealth, I'm shocked to discover that most people behave badly.

I don't know, man.

Something's broken in, I think, the way that we're evolving as humans, if everything ultimately

reduces to what's in it for me.

Would you prefer $2 billion in thinking machines unlisted stock with a chance

to be amazing or a chance to go burst or $3.5 billion of liquid Facebook stock over the next five

years? What I'm hearing Rory say is essentially reduce it all to fuck the big VCs. They're playing

the momentum game. If shit happens, shit happens, they can handle it. This is life.

This is 20 VC with me, Harry Stebbings. It is my favorite show of the week. Jason Lemkin, Roryo Driscoll, and one of the OGs of seed investing. He just launched his new fund. I never do LP checks. Never. When Roger did his fund, I was begging to be an LP in Roger's fund

and also writing my largest ever LP check. Roger is one of the greats. Today, we discuss everything

from Andrew Tulloch leaving thinking machines to rejoin META to soft bank borrowing $5 billion

against their arm stock to invest more into

open AI, industry ventures being bought by Goldman Sachs and what that means for the future of venture

and so much more. I want these shows to be the best shows you listen to every week. Let me know what

I can do to make it better. Harry at 20vc.com. But before we dive into the show today, now most people who get scammed never talk about it.

And if it can happen to tech savvy professionals, CEOs and investors, it can happen to

anyone.

But the problem isn't just losing money.

It's that today's scams, they're built differently for a very new world, one where AI can generate convincing messages in seconds, and fake sites look more like real sites than the real thing.

Traditional tools were not built for this future, and that's why Guardio exists.

Guardio is this incredible predictive and proactive engine. It leverages advanced AI threat

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