Jason Lemkin is one of the leading SaaS investors of the last decade with a portfolio including the likes of Algolia, Talkdesk, Owner, RevenueCat, Saleloft and more. Rory O’Driscoll is a General Partner @ Scale where he has led investments in category leaders such as Bill.com (BILL), Box (BOX), DocuSign (DOCU), and WalkMe (WKME), among others. ----------------------------------------------- Timestamps: 00:00 Intro 01:16 OpenAI's Restructuring: Winners and Losers 16:12 Andreessen Horowitz's Raise $10BN in New Funds 26:22 Mercor Raises $350M at a $10BN Valuation 44:51 Spray and Pray: Does it Work: Data Breakdown 49:52 The Role of Option Checks Venture Capital 01:08:03 Amazon's Struggles: How Do They Return to Greatness in AI 01:11:54 Why IRR is a BS Metric and What Matters More ---------------------------------------------------------------------------------------------- Subscribe on Spotify: open.spotify.com/show/3j2KMcZ... Subscribe on Apple Podcasts: podcasts.appl...