meta_pixel
Tapesearch Logo
Log in
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Business, Investing, Tech News, News

4.4693 Ratings

🗓️ 22 January 2025

⏱️ 66 minutes

🧾️ Download transcript

Summary

George Sivulka is the founder and CEO of Hebbia, is one of the fastest-growing gen AI companies and they recently raised a $130M series B. Investors include the company include hailed names such as a16z, Peter Thiel, Index, GV and others. 

In Today's Episode with George Sivulka We Discuss:

04:47 Three Traits The Best Founders All Share?

08:11 How Cold Calling NASA Changed My Life

12:01 From Stealing Food From Stanford to Pitching Peter Thiel

17:22 Lessons working with Peter Thiel

26:39 The Future of AI and Business Applications

33:03 The Future of Employment with AI

33:45 Debunking the Myths of AI Job Displacement

35:09 The Future of Models: Many specialised or few generalised?

35:56 Scaling at Inference: A New Frontier

38:10 The Impact of Scaling Laws on Foundation Models

40:40 The Future of AI and Enterprise Value

43:43 The Geopolitical Influence on AI

45:03 The Commoditization of AI Models

47:47 Why Foundation Models Will Not Follow the Same Path of Cloud

52:53 Why All Companies, Both AI and Non-AI Are Undervalued

 

Transcript

Click on a timestamp to play from that location

0:00.0

You can bucket great founders into three backgrounds. I think probably the most common is that you had kind of a messed up childhood. The second most common would be you're gay. And the third most common would be you were adopted. Look at like a list of the all time greats. Elon Musk kind of messed up childhood. Jeff Bezos, Steve Jobs, adopted, Peter Teal, Sam Altman, you know,

0:21.7

publicly gay. And I think that all of these early life experiences end up giving you some

0:27.7

desire, some deeper passion to go out and prove yourself. This is 20 VC with me, Harry Stebbings,

0:33.0

and today we have one of the most wild stories in AI, Hebbier. Three years ago, George Sevolker couldn't make

0:40.4

his rent of $300 a month for a mattress on the floor. He snuck into Stanford dining room halls

0:47.8

for meals after dropping out. He raised his first two rounds of financing with clothes

0:53.5

hanging behind him on Zoom.

0:55.6

Most recently, the company raised a whopping $130 million and has investors, including Peter

1:02.2

Teal, Index, GV and Andresen. This is one of the most remarkable stories of the last few years.

1:08.9

But before we dive in today, here are two fun facts about our newest brand sponsor,

1:13.4

Kajabi.

1:14.1

First, their customers just crossed a collective $8 billion in total revenue.

1:19.3

Wow.

1:20.2

Second, Kajabi's users keep 100% of their earnings, with the average Kajabi creator bringing

1:25.6

over $30,000 per year. In case you didn't know,

1:29.0

Kajabi is the leading creator commerce platform with an all-in-one suite of tools, including

1:33.9

websites, email marketing, digital products, payment processing and analytics for as low as $69

1:40.0

per month. Whether you are looking to build a private community, write a paid newsletter,

1:44.6

or launch a course.

1:45.8

Kajabi is the only platform that will enable you to build and grow your online business without

1:50.5

taking a cut of your revenue.

1:52.3

20 VC listeners can try Kajabi for free for 30 days by going to kajabi.com forward slash

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Twenty Minute VC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Twenty Minute VC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.