VC10X - Investing, Venture Capital, Asset Management, Private Equity, Family Office

Yoni Tuchman returns to VC10x for his third appearance — and this one might be the most practical yet. If you're an emerging manager raising a fund, structuring a GP commitment, or trying to figure out what you can and can't say publicly about your fund, this episode is required listening.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comLinks to previous VC10X episodes with Yoni:1. Fund Formation 101 - https://www.youtube.com/watch?v=6eLPeQDPjCo2. The Legal Landmines Hiding Inside Your Fund Docs - https://vc10x.beehiiv.com/p/the-legal-landmines-hiding-in-your-fund-docs-yoni-tuchman-partner-dla-piperAll these episodes can be listened to independently, but if you are a GP, I recommend you listen to all 3 (in any order).We cover:— 506(b) vs. 506(c): the legal line between building in public and breaking your fund exemption— Why Yoni tells almost every client not to warehouse deals — and what to do instead— The cashless GP commitment: how cash-poor managers can fund their commitment without writing a check— Side letters: what to push back on and how to find the version that works for both sides— Removing a non-performing GP partner without blowing up the fund— Venture partner compensation: carry yes, management company equity never— Rapid fire: the most overrated legal document, the biggest Fund I money-waster, and the one clause every GP should deleteLINKS:DLA Piper - https://www.dlapiper.com/enConnect with Yoni - https://www.linkedin.com/in/yoni-tuchman-58153b5/Connect with Prashant: https://linkedin.com/in/choubeysahabSubscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠Timestamps:(00:00) - Preview(01:02) - Introduction to the episode and guest, Yoni Tuchman.(03:00) - Deep Dive: Differentiating between 506(b) and 506(c) fundraising rules.(04:47) - Defining what constitutes a "preexisting relationship" for fundraising purposes.(07:11) - How to navigate fundraising conversations at conferences without violating 506(b).(11:03) - The mechanics of pivoting from a 506(b) to a 506(c) offering (and why you can't go the other way).(13:17) - The historical downsides of 506(c) and how recent SEC guidance has changed the calculation.(17:42) - The new, lower-friction rules for verifying accredited investors under a 506(c) offering.(21:38) - Best practices for what to say (and not say) when publicly fundraising under 506(c).(24:55) - How to legally structure warehousing deals to transfer them to the fund later.(32:00) - A streamlined alternative: Using the fund itself as the warehouse for early deals.(35:53) - Using a cashless contribution (waiving future management fees) to fund the GP commitment.(40:10) - The complexities and potential clawback scenarios of using a fee waiver.(44:01) - An LP's perspective on a cash-poor manager using a cashless contribution.(49:15) - Why LPs should be supportive of GPs using tax-efficient cashless contributions.(51:18) - The most burdensome side letter requests and how to negotiate them.(54:56) - The legal mechanism for removing a non-performing partner without disrupting the firm.(58:33) - Structuring compensation for venture partners and advisors: Fund-level carry vs. deal-specific carry.(01:00:44) - Start of the rapid-fire round.(01:01:01) - The most overrated legal document in fund formation.(01:01:12) - The biggest waste of money for a first-time fund.(01:01:44) - The one standard clause every GP should push to delete.#VentureCapital #FundFormation #EmergingManagers #VC10X #PrivateEquity #FundManager #506c

Oracle’s recent layoffs are not just another tech headline—they’re a signal of a deeper shift in how large technology companies are allocating capital in the AI cycle.In this video, we break down what actually happened at Oracle Corporation:The exact timing and structure of the layoffsWhat the internal communication saidThe scale of job cuts (and why estimates vary widely)More importantly, we analyze what this means from an investor’s perspective.These layoffs are happening alongside a significant increase in AI-related capital expenditure. That combination—rising investment and declining headcount—points to a broader reallocation of resources across the tech sector.We explore how:AI is increasing capital intensityCompanies are shifting from opex (labor) to capex (infrastructure)Higher interest rates are influencing these decisionsWorkforce restructuring fits into long-term operating modelsThis is not a discussion about layoffs in isolation.It’s about understanding how the AI buildout is reshaping cost structures, margins, and capital allocation across large-cap technology.If you’re an investor tracking AI, tech, or global capital flows, this is a development worth paying close attention to.---Topics covered: AI investing, tech layoffs, Oracle layoffs 2026, capital allocation, data centers, cost of capital, tech margins, AI infrastructure, macro + tech intersection---LINKSPrashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries reach out to prashantchoubey3@gmail.comThis channel is for asset managers, allocators, and investors who want analysis that holds up — not headlines dressed as insight.Subscribe for weekly data-driven breakdowns of the forces reshaping capital markets.---Disclaimer:This content is for informational purposes only and does not constitute investment advice.

Most fund managers ask for two and twenty and assume the job is done. It isn't.Yoni Tuchman, Fund Formation Partner at DLA Piper, is back on VC10x for his second appearance, and this time he goes clause by clause through the legal landmines hiding inside your fund documents.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comIn this episode:- Why a poorly drafted management fee clause can cost a GP millions over the life of a fund- The three sections of your LPA you actually need to read — and why the waterfall is "the heart of the heart of the heart" of the document- What happens when an LP defaults on a capital call — and why their commitment is essentially an option until they've funded- The real story of a wire that cleared on time and turned out to be stolen money- How to draft a key person clause that actually reflects your team- The ERA exemption most VCs don't know they're already violatingIf you're an emerging manager, a GP, or building your first fund — this one is not optional.TIMESTAMPS:(00:00) - Preview(01:01) - Introduction to the episode and guest, Yoni Tuchman(01:34) - Sponsor Message: Podcast 10x(02:48) - The 2 and 20 model and management fee traps(03:22) - How management fees work in VC funds(04:42) - Investment vs. Post-Investment Periods and fee step-downs(06:08) - The risks of PE-style management fees(07:05) - Defining "invested capital" for fee calculation(08:24) - The impact of transaction fee offsets on management fees(10:25) - Are fees for services to portfolio companies considered transaction fees?(11:45) - How venture partner compensation can affect management fees(14:14) - Top 3 overlooked clauses in a Limited Partnership Agreement (LPA)(14:45) - Should GPs read the entire 80-page LPA?(16:01) - #1 Overlooked Clause: The Distribution Waterfall(17:17) - #2 Overlooked Clause: The Management Fee(17:45) - #3 Overlooked Clause: Time, Attention, and Conflicts of Interest(19:21) - What happens when a Limited Partner (LP) defaults on a capital call?(19:50) - Standard remedies for a defaulting LP(20:55) - Why remedies are only as strong as the capital already contributed(22:25) - The critical importance of verifying the source of an LP's capital(25:13) - The negotiation dynamic between GPs and LPs on default clauses(28:06) - How to negotiate the key person clause(30:20) - Key questions for drafting a key person clause(34:30) - Accounting for temporary absences (illness, vacation) in the key person clause(35:58) - Triggers for registering as a Registered Investment Advisor (RIA)(36:17) - The Venture Fund and Private Fund Adviser exemptions from registration(37:35) - How a secondary strategy can accidentally disqualify you from the venture exemption(39:55) - The downsides of registering as an RIA(41:22) - The silver lining: Investor confidence in registered advisors(42:19) - Outro and conclusionLINKS:Previous episode with Yoni - https://www.youtube.com/watch?v=6eLPeQDPjCoDLA Piper - https://www.dlapiper.com/enConnect with Yoni - https://www.linkedin.com/in/yoni-tuchman-58153b5/Connect with Prashant:LinkedIn: https://linkedin.com/in/choubeysahabSubscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries, reach out to prashantchoubey3@gmail.comSubscribe for more conversations at the intersection of family office investing, private markets, and emerging trends in wealth management.

On March 23rd, 2026, a single Truth Social post moved S&P 500 futures up 4% and crashed Brent crude from $109 to $92 — in under ten minutes. $1.7 trillion in equity value shifted before most investors had finished their morning coffee.What happened before that post is the real story.In the minute preceding the announcement, $580 million in oil contracts — positioned to profit from falling crude prices — were executed at 4 to 6 times normal volume. Estimated profit if held through the move: over $100 million.No charges. No confirmed coordination. But a regulatory framework that was never designed for this.In this episode, we break down the anatomy of a TACO trade (Trump Announcement Calms Oil), the trading anomalies that preceded it, the legal gap that makes accountability nearly impossible — and what it means for how you price tail risk in a market increasingly driven by executive announcements.---What we cover:- The morning of March 23rd: what moved and how fast- The TACO pattern: three occurrences, one structure- $580M in oil shorts, one minute before the post- The legal framework — and why it doesn't reach here- What this means for your portfolio---LINKSPrashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries reach out to prashantchoubey3@gmail.comThis channel is for asset managers, allocators, and investors who want analysis that holds up — not headlines dressed as insight.**Subscribe** for weekly data-driven breakdowns of the forces reshaping capital markets.Sources: WSJ, CNBC, Fortune, CNN Politics, NYT, The Atlantic, Oxford Business Law Blog. All claims verified and cited in episode.#VentureCapital #MarketManipulation #InsiderTrading #Iran #CrudeOil #SP500 #MacroInvesting #VC10X #FinancePodcast #AssetManagement

Sinead Colton Grant manages investment strategy for $350 billion+ in private client assets at BNY Wealth. In this episode, she shares her full macro outlook — including a non-consensus call on the dollar, why markets are underpricing Middle East risk, and what the wealthiest family offices are doing differently right now.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comWe cover:— Why holding cash right now may be more dangerous than staying invested— The dollar thesis almost nobody agrees with coming into this year— Why gold is not the safe haven most investors think it is— The one risk markets are pricing as a tail event — but shouldn't be— Why AI memory chips are already sold out through 2027–2028— How family offices are using sports investing as an inflation hedge— Why private markets are no longer optional for long-term wealth creation— The truth about the BlackRock private credit gating storyIf you manage wealth, allocate capital, or just want to understand how the smartest money in the world is thinking right now — this is the episode.Timestamps:(00:00) - Preview(01:41) - Introduction & Sponsor Message(02:51) - BNY Wealth's Current Market Positioning & Non-Consensus Views(06:10) - Liquidity Cycles vs. Market Fundamentals(08:02) - Impact of Geopolitical Crises on Asset Allocation(09:46) - The "Dash for Cash" Strategy Among Allocators(13:00) - How Ultra-Wealthy Clients Are Investing Differently(16:55) - A Deeper Dive into Digital Asset & Crypto Investing(20:32) - Is the AI Investment Space Over-Deployed?(23:12) - Are Private Markets Becoming Too Crowded?(27:17) - Is Risk Being Underpriced in Private Credit?(29:42) - Redefining Safe Haven Assets Beyond Gold(33:03) - Alternative Hedges and Diversifiers in a Portfolio(34:33) - Passive vs. Active Investing: Which Strategy Wins?(36:40) - The Underpriced Risk of Extended Middle East Conflict(39:17) - How Global Custody Flows Influence Investment Decisions(40:30) - Practical Applications of AI in Wealth Management(42:24) - Structural Shifts in Family Office Diversification(45:36) - The Asset Class Poised to Surprise Investors(47:50) - A Framework for Investing During Uncertainty(50:47) - Where BNY is Not Investing Despite Strong Narratives(52:26) - A Tactical View on Investing in Silver(53:40) - How to Connect with Sinead Colton-GrantLINKSWebsite: bnywealth.comConnect with Prashant: https://linkedin.com/in/choubeysahabSubscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries, reach out to prashantchoubey3@gmail.comSubscribe for more conversations at the intersection of family office investing, private markets, and emerging trends in wealth management.

Global money market funds just hit a record $8.24 trillion in assets — 65% above the COVID-era peak of $5 trillion. This month's Bank of America Global Fund Manager Survey recorded the single largest jump in cash allocations since March 2020. So what's driving it?In this episode, we break down the three forces behind the fastest institutional rotation to cash since the pandemic: the U.S.-Israel war on Iran and its impact on oil markets, a stagflation repricing that shifted consensus in 60 days, and private credit systemic risk that 63% of fund managers now consider the most likely source of the next credit event.KEY DATA REFERENCED→ BofA Global Fund Manager Survey, March 2026 — 210 managers, $589B AUM→ ICI / Crane Data — MMF assets $8.24T (Feb 2026)→ Brent crude: $70 → $102 in under three weeks→ Berkshire Hathaway cash: $381.7B — an all-time record→ Shiller CAPE ratio: 39.42x — only exceeded during the dot-com peak→ Private credit flagged as top systemic risk for 8 consecutive monthsSOURCESBank of America Global Research | ICI | Crane Data | IEA | Bloomberg | CNBC | Al Jazeera | Oxford Economics | World Economic Forum | IATA | AAA | FREDLINKSPrashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries reach out to prashantchoubey3@gmail.comSUBSCRIBE FOR MOREVC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights.#VentureCapital #Investing #CashAllocation #PrivateCredit #Stagflation #OilPrice #MacroInvesting #FundManagerSurvey #RiskOff #AssetManagement

Tom Chi was a founding member of Google X — the team behind self-driving cars, Google Glass, and deep learning AI. At the peak of that career, he watched a coral reef die outside his home in Hawaii. In eight weeks, it was gone. That moment changed everything. Tom founded At One Ventures to fund companies building that future.In this episode, Tom breaks down why the climate crisis is not a political debate — it's a physics problem. And physics doesn't negotiate.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comWe cover:- The calculation Tom ran in 2012 that predicted mass fires, floods, and displacement by 2022 — and why nobody was talking about it- Why "green premium" is a myth, and how AT1 Ventures finds climate tech that is cheaper than the incumbent- The physics framework he uses to evaluate every deal: matter, energy, time, and space- Why Venezuela is a live case study in what the petrol-first worldview actually produces- The difference between sustainable, net zero, and net positive — and why only one of them is the right target- Why freshwater scarcity is a management problem, not a supply problem- What ancient civilizations in Hawaii and South Asia got right about working with nature — that we've completely forgottenTom is also the author of Climate Capital: Investing in the Tools for a Regenerative Future (Wiley, Feb 2026).Timestamps:(00:00) - Why Tom Chi left AI and robotics to focus on climate change.(00:32) - Disagreeing with Bill Gates' "green premium" concept.(01:09) - Introduction to Tom Chi's background and AtOne Ventures.(02:54) - Tom Chi on his career and the mission of AtOne Ventures.(03:58) - The personal story of watching a coral reef die and how it changed his career path.(08:00) - Using physics to predict the rise in climate volatility a decade ago.(10:45) - The realization that climate change is a time-sensitive problem that can't be delayed.(12:38) - Discussing global inaction and the influence of the fossil fuel industry on geopolitics.(14:32) - Contrasting the US's fossil fuel policy with China's dominance in green technology.(18:25) - Why climate change is a physics problem, not a political debate.(20:47) - The thesis that green technology must be cheaper, not more expensive, to scale.(21:54) - The investment framework: Using physics to find economic advantages in green tech.(26:08) - How green energy can compete against the policy influence of the cash-rich oil industry.(29:15) - The difference between "sustainable" and "net positive."(31:52) - Is freshwater scarcity a real and urgent global risk?(32:11) - Reframing the water crisis as a mismanagement of hydrological cycles, not a scarcity issue.(36:08) - The real choice: Deciding the level of human misery, not "saving the planet."(39:34) - Rapid-fire round: Investment sectors and regions.(41:19) - Typical stage and check size of investments.(42:23) - How to get in touch with Tom Chi and AtOne Ventures.(43:16) - Final thoughts on the "category error" of treating scientific truth as a political debate.🎧 Also available on Spotify and Apple Podcasts — links below.LINKSWebsite: atoneventures.comSocial: https://www.linkedin.com/in/thegoodtomchi/Prashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries, reach out to prashantchoubey3@gmail.comSubscribe for more conversations at the intersection of family office investing, private markets, and emerging trends in wealth management.

9.3% of investors in BlackRock's $26 billion private credit fund asked to withdraw their money. BlackRock returned half, and blocked the rest.This isn't a panic headline. It's a structural signal, and in this episode, we break down exactly what happened, why it happened now, and what it means for the $2 trillion private credit industry.We cover:— What BlackRock's HLEND fund actually is, and why it was worth $12 billion to acquire— The precise mechanics of the withdrawal gate and who it legally protects— The 3 pressure vectors that caused redemption requests to nearly double in a single quarter— How Blackstone, Blue Owl and BlackRock each handled the same pressure — differently— The 3 data points investors should be tracking in Q2 2026BlackRock's fundamentals didn't change on March 6th. But investor confidence in private credit did. Here's what that gap tells us.Sources: Bloomberg, Reuters, BlackRock Q4 2025 Earnings, Evercore ISILINKSPrashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries reach out to prashantchoubey3@gmail.comSUBSCRIBE FOR MOREVC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights.#privatecredit #blackrock #hlend

"What does it actually take to get a family office to back you? In this episode, Prashant sits down with Slava Darkhaev, a family office investor based in Cyprus who deploys into emerging VC managers and direct deals across the US market.Slava breaks down how he evaluates first-time fund managers, what a real competitive edge looks like versus a rehearsed pitch, and why network quality matters far more than network size. They also get into portfolio construction, co-investment strategy, the emerging markets opportunity, and the biggest mistakes fund managers make when fundraising.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comTopics covered:— What "right to exist" really means for a fund manager— How to evaluate GPs before they have a track record— Why the VC power law makes network everything— LP book vs. direct co-investments — how to run both— Diversification as upside management, not downside protection— India, Southeast Asia & Latin America — the emerging market thesis— The #1 fundraising mistake GPs make repeatedly"If you're a GP raising your first or second fund — or an LP trying to build a smarter allocation strategy — this one is for you.TIMESTAMPS(00:00) - Episode Highlights(00:51) - Introduction to Slava Darkhaev & the Episode(02:19) - The 'Right to Exist' for VCs vs. Founders(05:02) - How to Identify and Back Top-Tier GPs(07:11) - Benchmarking Emerging Managers: The Insider Approach(08:42) - The #1 Trait Separating Top GPs from the Rest(11:05) - Strategy for Direct Investments vs. LP Investments(12:43) - Securing Co-Investment and Pro-Rata Rights(13:51) - A Different Take on Diversification in Venture Capital(16:07) - Investing Thesis on Emerging Trends and Macro Cycles(17:27) - Due Diligence for a Manager's Subsequent Fund(19:22) - Family Office Asset Allocation to Venture Capital(20:02) - Investing in 'Unproven' First-Time Managers(21:29) - Approach to Investing in Global Emerging Markets(24:58) - Key Advice for Fund Managers: The Power of Storytelling(25:46) - Common Mistakes Fund Managers Make When Fundraising(26:46) - Rapid Fire Round(27:51) - Conclusion & How to Connect with SlavaLINKSSlava Darkhaev - https://www.linkedin.com/in/slava-darkhaev/Prashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries, reach out to prashantchoubey3@gmail.comSubscribe for more conversations at the intersection of family office investing, private markets, and emerging trends in wealth management.

In one week, Claude went from #131 to #1 on the App Store. ChatGPT uninstalls surged 295%. And Sam Altman publicly admitted his company's communications were "opportunistic and sloppy." We break down exactly what happened — and what it means for the future of AI investment.In this episode:→ Why Anthropic walked away from a $200M Pentagon contract — and what their two specific red lines were→ The full timeline of Sam Altman's communications breakdown: the vague X post, the AMA that backfired, and the Monday admission→ Why the enterprise data is the most important story nobody is talking about (50%+ of US business AI spend)→ Anthropic's $20B revenue run rate and what the download data actually shows→ What this week means for investors watching the AI competitive landscapeLINKSPrashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠VC10X website - ⁠https://vc10x.com⁠For sponsorship queries reach out to prashantchoubey3@gmail.comSUBSCRIBE FOR MOREVC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights.#Anthropic #OpenAI #AIInvesting #Claude #ChatGPT #VC10X #VentureCapital #TechInvesting`