Tech

20VC: Trillion or Bust: The New VC Game | Coreweave Sell-Off Creates Panic | Town at $1B, Anduril at $90B: Revenue Multiples Out of Control | General Atlantic Eyes IPO & Modal Raises $750M at $15.75B

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Based on the episode description, not a full transcript. Source evidence retrieved 22/10/2026, 07:47:26 UTC.

Briefings

A podcast from October 2026 reports on a severe sell-off of CoreWeave shares, triggering panic among venture capitalists. The episode highlights extreme valuation disparities, noting Anduril at $90B and Town at $1B, alongside a massive $750M modal raise at a $15.75B valuation. It also discusses Berkshire Hathaway doubling down on AI bets and General Atlantic's potential IPO, while noting Elon Musk's $10B SpaceX share giveaway.

Key points

• CoreWeave shares were sold off, causing panic among venture capitalists who are rejecting fast-growing startups.
• Modal raises reached $750M at a valuation of $15.75B, while Anduril's valuation is $90B and Town's is $1B.

Context

This podcast explores the '20VC' phenomenon where venture capital firms are withdrawing from high-growth startups. The episode covers the CoreWeave sell-off, which sparked fears about cracks in the AI boom, alongside other major market movements like Berkshire Hathaway's increased investment in AI and General Atlantic's potential IPO.

Limitations

Evidence is limited to a single podcast episode from October 2026. Specific dates for the CoreWeave sell-off are not provided, and the exact reasons for the valuation discrepancies between Anduril and Town are not explained.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 22/10/2026, 07:48:53 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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