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The Twenty Minute VC · October 1, 2026 · 01:18:41

20VC: Instinct Raises $1B at $10B Valuation | AMD Buys Fei-Fei Li's World Labs for $8.2B | Meta Poaches MongoDB's CEO | Bessemer Raises $5.75B | Oura Pulls IPO & Nubank Eyes $8–12B Monzo Takeover

Jack Altman
Show Notes

Harry Stebbings and guest Jack Altman break down a packed week in venture capital and tech, including Instinct's $1B round at a $10B valuation to compete with Meta, AMD's $8.2B acquisition of Fei-Fei Li's World Labs, Meta poaching MongoDB's CEO, and other major deals.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Instinct's $1B Raise to Challenge Meta00:10:00
AI startup Instinct raised $1 billion at a $10 billion valuation to compete directly with Meta.
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AMD Acquires World Labs, Advancing Spatial Intelligence00:25:00
AMD's $8.2B acquisition of Fei-Fei Li's World Labs signals the growing importance of spatial intelligence in AI.
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