VC10X - Investing, Venture Capital, Asset Management, Family Office, Wealth Management

Has the AI funding boom peaked? Many investors expected higher interest rates, rising infrastructure costs, and questions around AI monetization to slow venture capital activity. Instead, the opposite is happening. New AI unicorns continue to emerge, with billions of dollars flowing into AI infrastructure, enterprise software, robotics, and cybersecurity. In this episode, we break down where ventu...

David Hornik is the Founding Partner of Lobby Capital, an early-stage venture firm built on concentrated, conviction-driven investing. Before founding Lobby, he spent 20 years as a General Partner at August Capital, where he was the earliest investor in Splunk and backed companies like WePay, Bill.com, and Fastly. ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com In t...

Reports that Meta is selling excess AI compute sparked an important question across the investment community: Is this the first sign that AI demand is slowing? Or is the market reading too much into a normal part of operating hyperscale infrastructure? In this episode, we separate headlines from fundamentals and examine what Meta's move could actually mean for the broader AI investment thesis....

What does it take to back a technical founder before there's a product, a customer, or a dollar of revenue? Ashmeet Sidana has been doing exactly that — and he's been oversubscribed on every fund he's ever raised. Ashmeet is the Founder and Managing Partner of Engineering Capital, a seed-stage venture fund he runs as a solo GP in the Bay Area. A Stanford-trained engineer and former product leader...

Micron just delivered one of the most important earnings reports of the AI era. The company reported record fiscal Q3 results and issued a blowout forecast for the next quarter, sending the stock sharply higher. But the real story wasn't the earnings beat. It was management's commentary that memory shortages could persist beyond 2027 as AI demand continues to outstrip supply. In this episode, we b...

What does managing $600 billion teach you about risk that most investors never learn? Jeffrey Blazek, Co-CIO of Multi-Asset at Neuberger Berman, joins Prashant on VC10X to challenge the assumptions that have quietly shaped — and quietly undermined — institutional portfolios for a generation. From the macro shift that is more permanently broken than rates or geopolitics, to the asset class generati...

For years, investors have focused on the same AI winners: Nvidia. Microsoft. Amazon. Alphabet. Meta. Now a new question is emerging: Is SpaceX becoming so large that investors are selling other stocks to make room for it? As one of the largest IPOs in history, SpaceX has captured enormous institutional attention. Index funds, active managers, and long-term allocators all want exposure. But capital...

Duncan Johnson, CEO and co-founder of Northern Gritstone, joins VC10X to break down why the UK produces world-class science but struggles to turn it into globally significant companies. We dig into the £24 million vs. £980 million funding gap between the north of England and the Golden Triangle, why a US investor on your cap table can mean a 2x outperformance potential, and how Northern Gritstone'...

Markets sold off this week, but not because of a single headline. Instead, investors were forced to digest multiple developments at the same time: • A potentially historic SpaceX IPO • Stronger-than-expected employment data • Persistent inflation concerns • Rising geopolitical tensions in the Middle East In this episode, we break down what's actually driving market sentiment — and whether this...

Dave White is the founder of Wayfinder, a boutique advisory firm serving families and institutions across portfolio construction, manager selection, and governance. Before Wayfinder, he spent nearly twelve years at Cambridge Associates, conducting 400+ manager meetings annually across every major asset class. In this episode, Dave breaks down what he actually looks for after thousands of manager m...

This is the 300th episode of VC10X — and instead of bringing on a guest, host Prashant Choubey turns the mic on himself. AI generated the questions. Prashant answered them. The result is one of the most honest conversations about venture capital, building in public, wealth, and what 300 interviews actually teach you. ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com I...

The old playbook is broken. Free capital, dormant inflation, and stable geopolitics defined the last decade of investing. That era is over — and the investors who haven't updated their framework are running the wrong race. In this episode, Prashant sits down with Paul Flood, Head of Multi-Asset at BNY Investments Newton, overseeing more than $106 billion in AUM. Paul breaks down how to build portf...

Micron just briefly crossed the $1 trillion market cap mark after UBS raised its price target to $1,625. That’s a stunning rerating for a company that, for years, was viewed as a highly cyclical commodity memory business. So what changed? In this episode, we break down why the market is suddenly treating Micron Technology as a critical AI infrastructure company — and whether that thesis is justifi...

TX Zhuo is General Partner at Fika Ventures, an early-stage venture firm with over $500 million in AUM backing B2B companies across vertical AI, fintech, commerce enablement, and healthcare in North America. Before becoming a VC, TX bootstrapped a company to a successful exit without raising venture capital — an experience that permanently shaped how he evaluates founders and business models today...

Google I/O may have changed the way investors should look at the AI race. For the last two years, Google has often been framed as the incumbent under threat — especially as ChatGPT, OpenAI, and Anthropic captured attention in consumer and enterprise AI. But Google’s advantage is different. It is not just competing through a standalone chatbot. It has distribution across: Search Android YouTube Gma...

Jean-Baptiste Wautier spent nearly thirty years in private equity, including over two decades as Partner and CIO at BC Partners, one of Europe's leading buyout firms, where he helped manage approximately forty billion euros in institutional capital. Today he runs a consumer-focused family office and sits on the boards of Pershing Square Holdings and Howard Hughes Holdings. In this episode, JB brea...

Stock markets are pushing higher, but bond yields are telling a very different story. In this episode of VC10X, we break down the growing tension between rising bond yields and resilient equity markets — and why investors are now asking one key question: who bends first? The bond market is pricing sticky inflation, higher-for-longer interest rates, fiscal deficits, and geopolitical risk. Meanwhile...

Most VCs talk about ownership. Few actually build it. Neil Sequeira, Co-Founder and General Partner at Defy, breaks down the unconventional strategies his firm uses to average 17 percent ownership across their seven highest marked portfolio companies — and why that number puts them up against any early stage manager in the country. Neil spent 12 years at General Catalyst before co-founding Defy a...

Anthropic has signed a major compute agreement with SpaceX — giving it access to massive AI infrastructure capacity from SpaceX’s Colossus 1 data center in Memphis. On the surface, this looks like a simple compute deal. But for investors, the signal is much bigger: The AI race is no longer just about models. It is becoming a race for compute, power, chips, data centers, and infrastructure control....

Most GPs walk into LP meetings ready to prove they have access to the best deals. Iren Reznikov, Partner at Vintage Investment Partners, barely cares. In this episode, Iren breaks down what sophisticated LPs actually underwrite, how Vintage's three-strategy flywheel creates an information edge across fund of funds, direct, and secondaries, and what the Anthropic cybersecurity move really means...

Big Tech just reported — and for the first time, AI is clearly visible in the numbers. Cloud growth is reaccelerating. Ad performance is improving. Enterprise demand is holding up. But there’s a second story investors need to focus on: The cost of competing in AI is rising fast. In this episode, we break down the latest earnings fromMicrosoft, Alphabet, Amazon, Meta, and Nvidia — and what they sig...

Marlon Nichols is Co-Founder and Managing General Partner at Mac Venture Capital — a seed-stage firm that closed its first fund at $110M with institutional backing from day one and has grown to over $600M in AUM across three funds. In this episode, Marlon breaks down the fundraising arc that built Mac VC, the four-part founder framework he never compromises on, and the inside story of two portfoli...

If the cost of design and iteration approaches zero, what happens to software economics? This week, updates from Anthropic highlighted a meaningful shift: AI models are getting better at generating UI components, iterating across variations, and accelerating early-stage product design. At the same time, parts of the SaaS market saw sharp corrections. In this episode, we step back from the noise an...

Vishal Verma's family office has been operating out of Silicon Valley for over thirty years. His father arrived from India in 1977 with eight dollars in his pocket, worked as a rocket scientist, and eventually became an entrepreneur and venture capitalist. The family formalized their office in the late nineties with early LP positions in Sequoia Fund IX and Kleiner Perkins. Today Vishal manages a...

In this episode of VC10X, we break down one of the most counterintuitive market moves in recent weeks. Despite the failure of the first round of Iran–US talks and rising geopolitical tensions — including increased military positioning around key oil transit routes — global equity markets have erased their losses and added several trillion dollars in market capitalization. So what are markets actua...