20VC: Canva Slashes Growth: How Much is it Really Worth | Demis Hassabis and Jeff Dean: Talent Exodus at Google | Revolut's $50BN CEO Pay Package | Elon Musk's $55BN Terrafab

**Rory O'Driscoll** (0:00)
There's going to be a lot of people paying the bill in 26 and 27 for a certain amount of hesitancy in 23 and 24 The only way you prove that you're not dying is by growing. It doesn't matter what you think, big guy, you're in this journey for the next 12 months, buckle up. Because liquidity will only come at the end of the journey. It must be extraordinarily validating, if you're Jeff Dean, to leave as a non-CEO of a two or three trillion dollar market cap public company and have the stock go down by a couple of hundred billion dollars. Google's efforts so far are B plus A minus, they're not A plus.

**Jason Lampkin** (0:33)
I mean, this is such an entitled podcast, oh, poor anthropic engineer only made 35 million. I mean, go out to the goddamn panhandle, no one's making 50 grand.

**Rory O'Driscoll** (0:41)
When they say it's not about the money, it's about the money.

**Jason Lampkin** (0:44)
Any investment I've made that is not run by a founder is a zero, it's going to be a zero in this age.

**Harry Stebbings** (0:48)
This is 20VC with me, Harry Stebbings, and it's my favorite show of the week, Rory O'Driscoll, Jason Lampkin and me, shooting this shit on the biggest news in tech. So what happened this week that we discussed? Canva cuts 2026 growth by a third, Ouch! As AI serving costs blow up. Next, Jeff Dean leaves Google after 27 years, it gets worse, Demis Hassabis, the OG of AI, then steps back from Google DeepMind, also God poor Sundar, that is one bad day at the office. And then Elon Musk, as always, comes out with one of the most ambitious projects with Terrafab, where we unpack the jobs that come from it, the first real installment of $16.8 billion, and just what it would mean for him in terms of structurally not having to beg at the tower of TSMC. But before we dive into the show today, what's one thing in business that's spreading as fast as AI? AI risk. Every new tool your team signs up for, every vendor that turns on AI features, every new integration, each one, I'm sorry to say, is an opportunity for something to go wrong. And most security programs weren't built for AI's pace of growth. Well, that's where Vanta comes in. Vanta is the number one agentic trust platform used by over 16,000 fast moving companies, like Ramp, Cursor, Harvey and more, to ensure they're always audit ready. And now Vanta is helping companies like yours. Watch for the risks that show up between audits, across your vendors, your AI tools and your whole environment. How? Well, the Vanta agent works like a 24-7 GRC engineer in the background, finding issues, drafting fixes, and cutting vendor agreements time by up to 50%.
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