# 20VC Markdown copy of https://realalpha.app/shows/20vc/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy. [Best AI podcasts](https://realalpha.app/best/ai-podcasts/) Investing and business · [No. 23 of 37 AI podcasts](https://realalpha.app/best/ai-podcasts/#20vc) 20VC is an investing and business show, hosted by Harry Stebbings, with a new episode a few times a week. 5 moments cut from 3 episodes, 2 with an AI builder talking, mostly on investing in AI and AI startups. Also [No. 11 of 17 business podcasts](https://realalpha.app/best/business-podcasts/#20vc). - [Harry Stebbings](https://realalpha.app/hosts/) **New episodes** A few times a week **Latest** Oct 22, 2026 **Moments cut** 5 **Episodes cut** 3 What its moments are about - Investing in AI 3 - AI startups 2 - Inference & cost 2 - AI agents 1 ## Best moments from 20VC From its most-watched episodes, best first. Each plays right here. 1. 20VC · Oct 17, 2026 · 6 min **[Useful model routing needs to understand the agent harness](https://realalpha.app/s/useful-model-routing-needs-to-understand-the-agent-harness/)** > “But I think right now, I pretty strongly believe that routing, you have to be harness aware. You have to know what the task is.” 20VC [13:48](https://realalpha.app/v/1jDCPEHwQfI/?t=828) 2. 20VC · Oct 10, 2026 · 2 min **[Decompose a rep's number to separate talent from order taking](https://realalpha.app/s/decompose-a-reps-number-to-separate-talent-from-order-taking/)** > “you have to decompose their number. And so, okay, you did 2 million. That's great. How much of it was inbound? How much of it was outbound?” 20VC [9:25](https://realalpha.app/v/vxdMU4x2CIU/?t=565) 3. 20VC · Oct 22, 2026 · 5 min **[Strong growth no longer guarantees a venture term sheet](https://realalpha.app/s/strong-growth-no-longer-guarantees-a-venture-term-sheet/)** > “You got to meet every VC. You got to meet 100. It is like the old days.” 20VC [4:01](https://realalpha.app/v/OJX2L21e4fA/?t=241) 4. 20VC · Oct 17, 2026 · 8 min **[AI investors should look for expertise, speed and brand](https://realalpha.app/s/ai-investors-should-look-for-expertise-speed-and-brand/)** > “any inference will work. There's just so much demand for it. And I don't know if it's going to get less anytime soon.” 20VC [48:59](https://realalpha.app/v/1jDCPEHwQfI/?t=2939) 5. 20VC · Oct 22, 2026 · 3 min **[High seed prices and smaller allocations can weaken seed returns](https://realalpha.app/s/high-seed-prices-and-smaller-allocations-can-weaken-seed/)** > “the entry prices are so high and the ownership typically is lower unless the seed fund is very large” 20VC [8:25](https://realalpha.app/v/OJX2L21e4fA/?t=505) ## The best 20VC episodes Ranked as our lists rank shows: a point for each best minute we cut from it, one more when an AI builder is talking, and one more when it cleared our views bar. 1. 01 [The Future of Inference Market & Model Routing: Commodity or Increasing in Value? | LangChain CEO](https://realalpha.app/v/1jDCPEHwQfI/) Oct 17, 2026 · 2 moments 2. 02 [The New VC Game | CoreWeave Sell-Off Creates Panic | Revenue Multiples Out of Control](https://realalpha.app/v/OJX2L21e4fA/) Oct 22, 2026 · 2 moments 3. 03 [How to Build a Sales Machine | Max Freeman, Ramp](https://realalpha.app/v/vxdMU4x2CIU/) Oct 10, 2026 · 1 moment ## The 4 guests we’ve cut - [Harrison Chase](https://realalpha.app/builders/harrison-chase/) Co-founder & CEO, LangChain 4 moments - [Jason Lemkin](https://realalpha.app/people/jason-lemkin/) Founder & managing director, SaaStr Fund 2 moments - [Rory O'Driscoll](https://realalpha.app/people/rory-odriscoll/) Partner, Scale Venture Partners 1 moment - [Max Freeman](https://realalpha.app/people/max-freeman/) SVP of sales, Ramp 1 moment ## Recent episodes - 20VC **[The New VC Game | CoreWeave Sell-Off Creates Panic | Revenue Multiples Out of Control](https://realalpha.app/v/OJX2L21e4fA/)** Jason Lemkin & Rory O’Driscoll [0:48](https://realalpha.app/v/OJX2L21e4fA/?t=48) of 59:41 · Oct 22 - 20VC **[Who Wins in the Next Decade of VC | Margin and Price Matter Less in a World of AI | Sameer Dholakia](https://realalpha.app/v/-r2_5LboWL8/)** Sameer Dholakia · Partner, Bessemer 14.5K views · Oct 19 - 20VC **[The Future of Inference Market & Model Routing: Commodity or Increasing in Value? | LangChain CEO](https://realalpha.app/v/1jDCPEHwQfI/)** Harrison Chase · Co-founder & CEO, LangChain [13:48](https://realalpha.app/v/1jDCPEHwQfI/?t=828) of 1:03:06 · Oct 17 - 20VC **[How to Build a Sales Machine | Max Freeman, Ramp](https://realalpha.app/v/vxdMU4x2CIU/)** Max Freeman · SVP of Sales, Ramp [9:25](https://realalpha.app/v/vxdMU4x2CIU/?t=565) of 1:12:07 · Oct 10 ## Host this show? Add the badge to your site. It links to this page, where people can watch the best moments we cut from your episodes. It fits your site or your show notes. [PNG](https://realalpha.app/badge/featured.png) Something wrong on this page? [Tell us and we'll fix it](https://realalpha.app/submit/?page=%2Fshows%2F20vc%2F#send)