What podcasts say about Dave McClure
Every statement, with the speaker, the exact quote and the moment it was said.
What Dave McClure has said on podcasts
24 statements · 16 positive · 6 negative · 2 neutral
An AI sovereign wealth fund will be created within six to twelve months.
“there's going to be an AI fund, sovereign wealth fund that'll get cut next year, sometime the next 6 to 12 months”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 9:21
AI-enabled humans may cause catastrophic harm even if AI alone does not.
“AI is not going to kill us all, but a human enabled with AI might kill us all”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 17:44
Instinct’s valuation reflects expectations of a major acquisition.
“the valuation for Instinct, I think people are underwriting a major acquisition”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 29:46
Apple, Amazon, Google, and Microsoft are potential Instinct acquirers.
“the acquirers are substantial, like Apple, Amazon, Google, Microsoft are all potential acquirers”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 37:21
Apple and Amazon currently lack agent products and need them.
“Apple and Amazon are definitely, you know, they have to have an agent product and they don't right now”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 38:05
Open-weight models already account for most token usage.
“open weight models have taken over majority of token usage”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 49:29
OpenAI and Anthropic will continue performing well.
“both OpenAI and Anthropic are going to do fine”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 50:37
OpenAI and Anthropic will both become publicly traded companies.
“They're both going to go public”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 50:40
Anthropic may reach at least $2–2.5 trillion and OpenAI about $1.5 trillion in valuation.
“my guess is Anthropic at least $2, $2.5 trillion, and probably OpenAI $1.5 trillion”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 50:42
Top private-company names currently have seller-favorable secondary markets.
“there are assets, uh, again, the top 30 names, it's a seller's market for those assets”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 58:21
Private companies outside the top 30 may lack secondary-market demand.
“If you go outside the top 30 names, there's not necessarily a market for the names”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 58:40
Greater private-company transparency would lower cost of capital.
“cost of capital would be lower if they were more transparent”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 59:30
Comparable private companies would historically have gone public at $50–100 million revenue.
“all these companies would have gone public 10 years ago at $50 to $100 million in revenue”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 1:00:19
Post-money round prices can serve as objective SPV transfer prices within three to six months.
“within 3 to 6 months, you can use the post-money price on that round as a legitimate objective transfer price”
Open the episode · VCs Would Bet on Open-Source AI Over OpenAI and Anthropic | E2341Listen at 1:22:13
Some jobs will permanently disappear because of technological change.
“Some jobs are probably going to go permanently go away.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 0:13
AI token costs will approach zero.
“token costs are going down to zero”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 23:17
Governments should plan retraining or support budgets for AI-displaced workers.
“I do think we need to start planning for the equivalent of retraining budget and or support budget for people who are going to be displaced.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 24:41
AI will eventually enable abundant energy and food and cure cancer and major diseases.
“we will get to free energy, we will get to free food, we will cure cancer and major disease.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 26:12
AI-enabled benefits will be distributed very unevenly across humanity.
“the distribution of those benefits to all of humanity will be incredibly uneven.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 26:21
The government should take 10% stakes in Anthropic and OpenAI to address national debt.
“let's take 10% of anthropic and OpenAI and solve our national debt problem.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 29:51
Fintech and e-commerce remain large, growing investment categories.
“I would say fintech and E commerce are still big categories and are still growing.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 46:45
Cursor's $60 billion transaction was the largest merger or acquisition ever.
“I think cursor was the biggest M and a ever. $60 billion.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 49:57
Andreessen earned a 150-fold return on its Cursor investment within a few years.
“Andreessen got 6.6 billion back on 44 million in 150x return in a couple years.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 50:12
Privately valued companies may offer an arbitrage opportunity when repriced on free-cash-flow metrics.
“there's an arbitrage opportunity here where these companies have been priced on sort of venture scale projections.”
Open the episode · Bill Gates foresees massive AI job loss: these VCs disagree | E2330Listen at 1:15:46
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.