Dave McClure

Mentioned in 1 episode

"Stripe is not a payments company. Stripe is an anti-fraud company. And so if you think about fraud happening in payments, well, you could have fraud or bad actors happening in AI token usage, and Open Router would be able to monitor that."

Mentioned in 1 episode

"If you're making a bet on open-weight, you're probably just making a bet on Nvidia, right? There's not a single bet that you're able to make right now in a company. You could bet on Nvidia because they're dominating the market."

Mentioned in 4 episodes

"I might even wonder if SpaceX becomes that platform for open-weight models. So maybe your picks and shovels — you have two bets: you could bet on Nvidia because they're dominating the market, but you could also bet on SpaceX being a little bit a step up the ladder from just Jensen's play if you believe in open weight."

Mentioned in 1 episode

"Both you and I are going to be at the Sidecar SPV Summit in New York next Tuesday and I'm going to be speaking about liquidity vehicles for fund managers."

Mentioned in 2 episodes

"Because I worked at Founders Fund 16 years ago, I have carry in Founders Fund 2. When we started our second secondary fund, I rolled in about a million dollars of GP commit in that fund. Turns out that was all SpaceX."

Mentioned in 2 episodes

"A different deal that's not a typical secondary for us is in a company called EquityBee. They are a platform similar to secondary marketplaces like Forge Equities, but they do employee stock option forward contracts. Getting back to those employees who are locked up and want or need liquidity before the shares are actually available to them — they can finance and exercise and hold those shares."

Mentioned in 1 episode

"As Sheel knows, we used to do a lot of investments all over the world in 500 Startups."

Mentioned in 1 episode

"xAI was a shell of a company that was mostly valuable because of Elon's infrastructure and capex that Elon bought. It wasn't because of the tech or even the people who largely walked out the door after that acquisition."

Mentioned in 1 episode

"All that infrastructure was very useful to rent out to Anthropic and Google."

Mentioned in 1 episode

"CFO Sarah Frier at OpenAI four months ago — Sam's like, 'We're going to IPO.' And she's like, 'We're not ready to IPO.' And then just recently, she's like, 'We're definitely going to IPO in 2027 and maybe sooner if our growth keeps inflecting.'"

Mentioned in 1 episode

"I think Cursor was the biggest M&A ever at $60 billion. André and Thrive both invested roughly $60 million, $50 million. They both made — André got $6.6 billion back on $44 million, a 150x return."

Mentioned in 1 episode

"Headspace just got bought for $200-$300 million but the last private mark was $3 billion. Headspace got bought down 90%."

Mentioned in 1 episode

"One of our best performing investments was a company called MOTU and they are a motorcycle manufacturing and small business lending company for delivery drivers in São Paulo, Brazil. That business is on fire — doing over 300 million in revenue, profitable, growing 60-70% per year."