The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Fiverr CEO: 'If You're Not Adapting to AI, F* You. You're Done | Why "Time to Copy" is the Most Important Metric in Startups Today | Why 99% of AI Companies Today Will Die | Why Governments Will Take Control of AI with Micha Kauffman
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman.
If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.
Show Notes
Tap timecodes to jump
Micha Kaufman is the Founder and CEO of Fiverr, the leading online marketplace for freelance services. Fiverr has had an insane ride in the public markets, in 2019 the company went public with a $650M market cap, at their peak that hit over $8BN. Today, facing a wave of AI, the company has a market cap of $1.121BN on an estimated $430M EOY revenues. Prior to co-founding Fiverr, Micha successfully founded and led several startups over the last 30 years.
In Today's Episode We Discuss:
– "Fuck you. It's not my job to make you better." Micha's viral internal email that sparked a company-wide awakening
– The real reason Micha thinks Fiverr is vulnerable to AI
– "Replace 100% of your job with AI": Micha's challenge to every employee
– The brutal truth about entitlement in the modern workforce
– Wake the f*** up: Micha on the crisis of work ethic and ambition
– "Too many startups, zero value": Why AI is the new dot-com bubble
– The time-to-clone has collapsed: Why your startup can be copied in 10 days
– Why distribution, not code, is the moat that matters now
– The new game of investing: Why backing "missionaries" is all that counts
– The seed investment Micha wrote off… that became his biggest win
– "Being a CEO today is like captaining a ship in a storm"
– Will governments take control of AI? The Manhattan Project analogy
– The rise of AI superpowers—and the brutal decline of everyone else
– The single-person unicorn: Is it real? Micha says yes
– Why Micha's hiring more engineers—not fewer
– Marketing is being disrupted faster than engineering. Here's how
– What cost Micha wants to cut—but can't
– Why Micha would tell his kid: "Don't go to university"
– The business Fiverr could have built before OnlyFans—and why they didn't
– How Micha decides every year whether he should still be CEO
– The ultimate metric: When meaning matters more than happiness
Transcript not yet processed.
Sign in to unlock (1 credit)
Free to start
Full transcripts, AI insights,
Full transcripts, AI insights,
episode chat — free.
Sign up with Google in one click. 10 unlock credits included. No card needed.
Google sign-in · No credit card · Cancel anytime