{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"20VC: Anthropic Files to Go Public | Token Budgeting Panic Hits Corporate America | Cognition Raises $1BN at $26BN Valuation | Apollo Warns PE Software Returns Will be Disastrous | The 9-9-6 Work Ethic: Performative Theatre or Startup Reality?","description":"AGENDA: 00:00:00 \u2014 Private Markets Are &quot;F***ing Done&quot; &amp;amp; The Shift to Heavy CapEx 00:00:46 \u2014 Anthropic Files to Go Public&amp;nbsp; 00:04:59 \u2014 Will the Anthropic IPO Break the Startup Ecosystem? 00:06:22 \u2014 The &quot;Billion-Dollar Position&quot; Era: VCs Reset Their Expectations 00:18:11 \u2014 The Trillion-Dollar Cash Grab: Google, SpaceX, and OpenAI Rush the Queue 00:23:15 \u2014 Is the SaaS Apocalypse Over? Bouncing Off the Bottom 00:25:34 \u2014 The Death of Human Per-Seat Licenses as Multiples Shift 00:27:18 \u2014 Winners vs. Losers: How Agentic Focused Products Captured the Market 00:30:26 \u2014 Cognition Raises $1 Billion at a $26 Billion Valuation 00:33:04 \u2014 Token Budgeting Panic Hits Corporate America 00:35:46 \u2014 Multi-Model Workflows and the Future of Cost Containment 00:41:20 \u2014 Choosing Tokens Over Humans: The 2027 Engineering Reality Check 00:46:42 \u2014 Can Large Companies Survive Slashing One-Third of Their Engineering Talent? 00:57:40 \u2014 Big Law Flex: Kirkland &amp;amp; Ellis Pledges $500 Million to Build In-House AI 01:01:21 \u2014 Giving Away the Crown Jewels: Will Firms Trust Claude? 01:08:44 \u2014 Robinhood's AI Move: Automating Financial Planning vs. Beating the Market 01:16:15 \u2014 Apollo Warns PE Software Returns Are About to Be Disastrous 01:19:15 \u2014 $10 Billion Carry Pools: Will VC Winners Quit the Game? 01:24:10 \u2014 The 9-9-6 Work Ethic: Performative Theatre or Startup Reality? 01:30:10 \u2014 The Great Valley Contradiction: Working 24\/7 to Automate White-Collar Work &amp;nbsp; ","author_name":"The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch","author_url":"http:\/\/www.thetwentyminutevc.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41529470\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/202603445"}