Sourcery

Max Levchin, co-founder of PayPal and CEO of Affirm, is a serial entrepreneur and fintech technologist. He talks about scaling companies under pressure, lessons from PayPal, how AI is collapsing software build costs, why low-quality businesses will be exposed, and how AI raises the baseline capability of builders and reshapes commerce and credit.

Max Levchin, co-founder of PayPal and CEO of Affirm, is a fintech founder and AI-focused technologist. He talks about scaling Affirm fast, lessons from PayPal on team quality, how AI is collapsing software build costs, why low-quality companies will be exposed, and how widespread AI will raise baseline capability across builders and consumers.

Peter Ludwig, CTO who builds simulators and vehicle OS, and Qasar Younis, CEO scaling AI platforms for vehicles. They tour a working garage full of self-driving cars, trucks, and heavy machinery. They cover unified vehicle operating systems, simulator-to-real workflows, autonomous mining and remote operations, and how one platform can run cars, boats, tractors, and defense systems.

Peter Ludwig, CTO and co-founder of Applied Intuition, builds simulators and physical AI systems. Qasar Younis, CEO and co-founder, leads vehicle intelligence infrastructure and capital-efficient growth. They discuss building simulators and data platforms first. They explain why they stayed quiet, how transformers unlocked real-world autonomy, horizontal industry expansion, rapid defense deployments, and hiring for AI-era roles.

David Baszucki, co-founder and CEO of Roblox, built a global real-time platform and creator economy that has paid out over $1.5B. He discusses massive infrastructure and AI systems underpinning social games. Topics include building a programmable 4D world, designer tools and creator pay, rich data for interactive AI, safety vs rogue bots, and why Roblox sees gaming as a new communication medium.

Ben Miller, Fundrise CEO who built a retail platform and launched the VCX public venture fund. He recounts bringing venture exposure to everyday investors. Topics include VCX’s dramatic NYSE debut and premium surge. Discussion of VCX’s top private holdings like Anthropic and OpenAI. Covers sourcing allocations during the downturn, closed‑end fund mechanics, and the shifting gap between private and public market growth.

Michel Del Buono, CIO of Perennial, the multi-family office built for founders and principals. He talks about why traditional wealth managers fail, how to manage concentrated stock and prepare for mega IPOs, why volatility creates opportunity, and the structural case for institutional-quality investment teams for taxable individuals.

Steve Huffman, Co-founder and CEO of Reddit, who led its product and business strategy through massive growth. He discusses how Reddit built a durable ad business, became essential training data for AI, the “ass in seat” idea of human oversight, tackling bots and AI content, and why authentic communities matter more than viral tricks.

Alex Bouaziz, co-founder and CEO of Deel who scaled global payroll to $1.4B+ ARR and 40K+ customers, shares growth tactics. He covers rapid global expansion, a 10+ acquisition M&A playbook, building profitable hypergrowth SaaS, and how AI and autonomous agents will reshape distributed workforces.

Alex Immerman, General Partner on a16z Growth investing across AI, fintech, and autonomous vehicles. He dives into how a16z finds and scales category leaders. Conversation hits Waymo’s autonomous-driving strategy and market dynamics. ElevenLabs’ voice AI breakout and defensibility. Kalshi’s regulated prediction-market approach. Why private markets now capture outsized growth opportunities.