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Harry Stebbings

πŸ‘€ Speaker
41133 total appearances
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Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

I mean, obviously, Meta did that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

I mean, obviously, Meta did that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

To some extent, I think some of the Chinese vendors are starting to do that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

To some extent, I think some of the Chinese vendors are starting to do that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

So, as Ed says, it's extraordinarily expensive and extraordinarily difficult to do.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

So, as Ed says, it's extraordinarily expensive and extraordinarily difficult to do.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

And if you can't command a return at the end of it, you know, what's it all for?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

And if you can't command a return at the end of it, you know, what's it all for?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

It can be done, but it's a brutal struggle.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

It can be done, but it's a brutal struggle.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

And I don't know if the critical mass of knowledge for a compute task like that exists in Europe in a way that obviously aerospace was a core competency in Europe.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

And I don't know if the critical mass of knowledge for a compute task like that exists in Europe in a way that obviously aerospace was a core competency in Europe.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

So I agree.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

So I agree.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

I think you'll have a whole bunch of people flailing around and trying.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

I think you'll have a whole bunch of people flailing around and trying.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

It'll make NVIDIA ever so happy because everyone will feel the need to have their own chips.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

It'll make NVIDIA ever so happy because everyone will feel the need to have their own chips.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

But fast forward five years.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

But fast forward five years.