20VC: Why "Pacing the Frontier" is BS | Instinct Raising $1BN at $10BN & Meta Launches Muse | Miro Sells for $1.35BN After a $17.5BN Valuation | Mistral Raises €3BN & Could Sam Bankman-Fried Win His Freedom?

Harry Stebbings breaks down the most significant tech and venture capital stories of the week. He critiques Dario Amodei's call to pace the AI frontier, discusses Meta's competitive threat to Instinct, and examines Instinct's $1 billion funding round. The episode also covers Miro's dramatic valuation markdown, Sam Bankman-Fried's potential pardon, a governance crisis at WordPress, Mistral's record European raise, and the slowing growth of Adobe and Canva.