YouSaid · the spoken record

Ankur Nagpal

lines on the record: 90
first: 2026-05-05
most recent: 2026-05-05
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Them on first, yeah. Indie studios. Yeah, indie studios. I like the idea of just understanding how that works because now you have all these people who are willing to pay in advance for the game and Patreon. And I don't know how they do it, but I think they do raise funding early and they have enough support.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I would love to have some of those small game folks and understand how that startup part of the startup ecosystem works.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“No, you didn't put anything on off duty, Alex, the idea of off duty is you bring something. Is there something amazing like a gadget, a piece of food?”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't even remember this one. Check your privilege. Oh yeah, look at this. Well, no, scroll down a little bit. I don't have that tweet anymore. I got rid of all my old tweets back in the day. But he was coming at me something hard. No one physically threatened anyone. Whatever. You're still the biggest douche alive. I mean, he was crazy. And he would start fights with everybody.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Mugadabim was saying crazy stuff to me. And I was like, hey, dude, are you mentally ill? This is my younger years. This is in 2015. What did I say? Let's scroll down here.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“One of them was nuts. They all had like a shtick. They wore like deep sunglasses. Somebody pulled up the clip of this genius.com co-founders One of them who passed away from, I believe, a brain tumor. I was told, or he actually confessed that he was suffering from mental illness, and that was explaining his Magabad, I think Magabad, if I'm pronouncing it correctly, but yeah, then they look at there with me. Look at the observer. There's me and then a picture of the guy. I don't know what that observer story is, but I know I got into him. Look, there's a young JCAL at the DLD conference. If you click on the story that that's from, Uber investor in Rapchie Governor have the greatest Twitter rivalry.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Interestingly, when the genius guys came to one of my conferences and I had them on the podcast back in the day, I talked to them offline. I was like, hey, you know, I own annotated.com. Do you guys want to do a DLL? And they're like, no, we like genius branding better. So I was going to sell them the domain. I think I bought the domain for 30K 20 years ago. And I offered it to them. And I was like, hey guys, give me 500K in equity and I'll give up the demand.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“But it just has so many uses. And so the only thing we're going to do as part of this is we own a license to all the commons, just like Reddit owns a license to all of the comments pasted on its website. And then that's the business model eventually is all that commentary can power a large language model.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“So, two different paragraphs, but as you're pointing out, you could say this URL has seven annotations. And then you put the seven together in a very long page. You click on any one of them, it opens that page. All of them link back. Nobody can take the whole thing, so there's no stealing. It's just, and it's fair use because it's commentary on the original piece. And I want to be able to do it for an audio so you can take a clip from this podcast. We'll limit the clips to like maybe 90 seconds or 60 seconds. And we're going to downgrade them to like postage size video and link directly back if you click on that video, you click on that story, you go right back. And it says this is from this story. This is from this video.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Correct. So now you got it. The address is the URL. So once you have that URL from that tech crunch story about, I don't know, the launch of Uber. And it's an old story and people want to put comments on it. So let's say I take it. I'm like, I highlight a paragraph about the Open Angel Forum, where they raised money. And I say, here's some commentary about that. And here's a picture from it. Then you Travis highlights a part of it, different part. And he says, oh yeah, and this was actually, here's the back story to that.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“A sidebar chrome extension. We made some images of it, but you pick how you want to build it. Alex, imagine you're a fact checker, or you feel like you want to fact check a TechCrunch story, right? Or you want to add your feelings to it. You go to the TechCrunch story where you were editor at large or editor G, if whatever you are, managing editor. Somebody highlights it, highlights a section, and then writes a commentary on it, and then it makes a landing page from that. Would that be fair use in your mind?”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“You'll get a real flavor for it. So somebody take the first episode of Dazzler, feed it into C Dance, and come on the program and show us how you did it and make it into a couple of minutes of Dazzler. So there she is. I think that's episode one, and she's there with Scarlet Witch, Beast, Iron Man, and Spider-Man. Gambit was also very popular. I think Gambit would be cooler. And just use sea dance and then show it to us and how you built it. All right, everybody. We have a bounty for annotated.com. I bought the domain name annotated.com. I wanted to do a clipping service for like delicious back in the day. Shout out Josh. And I want somebody to build it. You can win $5,000 if you build it. I get to own the IP. You write the code. I give you $5,000. We're going to do this over a month, I think. We have a couple of dates on the website. Just go to annotated.com and we'll put you to this lovable website we made it's basically”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“I would love to get a how to series just take, here's a deep pull, Dazzler. Dazzler is this crazy comic book character that came out in the 80s of one of the X-Men mutants. If somebody does this because everybody was fascinated by Dazzler in the 80s, kind of a cult character that appears for like five seconds in one of the X-Men movies, you can pull up the cover of the first Dazzler. She can turn sound into light. So there she is. That's Dazzler. But just pull up the cover of the Dazzler cartoon. So anyway, she's on roller skates. It was like a very of the 70s moment where they made a character based on like the vibes. And if you pull up the covers of Dazzler.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Teen Titans, and you wanted to make a frame by frame, you could just take the Teen Titans. I wonder why nobody's done this. If somebody wants to do this and come on the show and just show how they built it, I'd love to have somebody come on. I'm not going to give you a bounty because I don't want to get in trouble with IP.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Is what people are actually doing. It's interesting you bring that up. A lot of the Star Wars Tales of the Untold that we're showing here, they came from the comic books and from the novel. So people are going to the comic books and the novels and just saying, here's the source material. And I guess they put that source material in and they say just animate these still. So you could take any comic book. So if you loved”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“You could take an entire season of the Sopranos and just say make it twice as long, tell three more stories, have three more threads into the sopranos for this season.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Know and so as an 80 90s, you know, young adult and child, this stuff is looking incredible. We can be sitting here in a year or two and you won't be able to tell the difference. You could also feed in that Darth Wall into, I'm sure you could take Darth Mall, feed it into sea dance, feed in the 10 episodes, and say make me the style. And I just want to make each episode instead of 20 minutes, 24 minutes, whatever it is. They're very short episodes for kids. Make them, you know, 40 minutes and add a little more story to them. I think you could actually start to make things that were great. I think that's what people are going to start doing with shows like The Sopranos, shows like The Wire, shows that people miss, right? So if you miss breaking bad.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Starts to cross the uncanny valley, and I think we've basically filled in, if there's an uncanny valley here, you can look it up, I think we've filled in 80%, 90% of the Uncanny Valley. Even myself as a real Star Wars Aficionado my whole life, I'm starting to watch these. And, you know, I can tell it's AI, but I can also tell that I like it. And this would be better than anything better than anything as a child of the 80s I would get.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Correct. And CDAS, you can't get access to in the United States unless you're using Higgsfeld and you pay for it. CDance follows no IP. So if you want to make Jedi and you want to make stories, these Star Wars towels, untold tales or whatever it is, just looking at this and watching Darth Vader choke out somebody, you know, if you were just going by on a TV set with your remote control or you saw Anaka Skywalker here Darth Vader with his body deformed and trying to recover from his burns, you'd be like, wow, this looks real. All of the stories, and there's people in the empire.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Of the models, there's an AI model from Japan, I'm sorry, from China. That makes videos. I forgot the name of it. Somebody will tell me in a minute.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“It also takes on a new nuance. There's like the dark side and the light side. And then there's this chaotic side in the middle that just wants revenge because Darth Maul was essentially exploited and then kicked out of the dark side. And then the Jedi are also kicked out and they're villainized as they were double crossing the republic and they've been purged and the public believes the Jedi were the enemy. So now you've got Darthmau and this pair of Jedi and Apprentice who are trying to make their way through the galaxy A plus right up there right behind something like Andor. It just adds a lot to the cannon. And I'm not an animation guy by default, but the Star Wars stories are really great. And I'll just add to this, there's a Star Wars Tales Untold. I'll have the team pull it up right now. One of the things that's happening is because...”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Rolls four, five, and six are the originals. A new hope Emperor Strikes Back Return of the Jedi. This is between those two. Darth Maul is out there as basically trying to stop the empire, the remaining Jedi who are in hiding are also trying to subjugate. So they are strange bed fellows. Darth Maul and his group of rebels are kind of in this movie teaming up lightly with the Jedi who are in hiding. This was a perfect balance between being kid fair, family fair, and adult fair and servicing the Gen Xers and servicing my 10-year-olds. Absolutely perfect and gorgeous.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“The original apprentice of Darth Sidious, the emperor, Palpatine, was Darthmo. Darthmo was trained and tortured from a young being, and they explain all of this through flashbacks in this incredibly artwork series. You can play it in the background here, the clip. It's 10 episodes. It just ended. They did a very unique animation style where they did like oil paints on top of the cells in order to make this very beautiful, it looks like a painting. Now this is a low res here, but when you're looking at Darthmole's face or these Jedi fighting Darth Vader or the background, it looks more like a painting than an oil painting than it does animation. Absolutely stunningly gorgeous. Darth Vader at the peak powers after Revenge of the Sith before Star Wars. That's where it takes place in the canon. Episodes one, two, and three of the pre-”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Very straightforward. You remember from the Clone Wars and the Phantom Menace. Darth Sidious had a Sith apprentice, right? There's always two. It's the rule of two. You have Obi-Wan Kenobi and Luke Skywalker, or you have Quegonjin and Obi-Wan, then Obi-Wan and Anakin, who becomes Darth Vader. Spoiler alert. There's always this rule of two, a master and an apprentice.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“And deregulate the small airports where private jets come in and out of and an innovative disruptive company like JetSuite figures out how to do charters there where you can buy seats. Why don't we let more jet sweeps occur? Well, the big airlines are trying to block those companies at every step. Let me tell you something. You take Jet Suite X for one and a half times the price of Southwest or United, you're never going back. Jet Suite X is the model. Surfair was the model, providing more small planes that can serve as smaller hubs and take the pressure off the big airports is the model. It used to be able to land at very small airports with these Pilotus PC-12s, PC-24s, the Jet Suite Planes. That's where innovation can happen. Let more of that and then let more VTOLs. And that would take the pressure off of the big airports, and then it would increase safety as well because the smaller airports could have infrastructure put into them. Thank you for coming to my TED talk. Let's go off duty.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Great. And now here we are. But if you're finding people doing price gouging or product dumping, which in this case would be dumping low price flights in order to kill a competitor, okay, those are things the FTC and the FCC, you know, they have all kinds of jurisdiction in there to give speeding tickets to take actions against behaviors. M&A is not the behavior to worry about unless you had one person with majority market share, which is 80%, 90%. That's not the case here. And now here we go. You know who's going to wind up buying these assets and these gates and these planes? It's just going to be United American Southwest. They're just going to wind up buying the planes. They're going to wind up buying the gates. They're going to wind up doing it anyway. And you're just going to have that get consolidated to the top. You have to look for ways if you want to get into regulation to allow more entrance.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Of course. There never should have been a safety net. Where did the safety net come from? And now what happens is all these people lose their jobs. And this is why blocking M&A by default and not thinking it through, it screws with market dynamics. The market dynamic is the company should either go out of business and get bought out of bankruptcy. Or right before that happens and they're out of money and they're on death store, somebody should be able to swoop in and buy it for pennies on the dollar, get a great deal, and do a turnaround. Virgin America was a fantastic airline. It was bought by JetBlue.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Right. Now, what they should do is, if they really want to intervene, they should say, hey, tell us about how you're going to give out the next 20 gates at Atlanta, at Phoenix, at Austin, at Dallas, Fort Worth. Show us the plan and we want to make sure that that auction is done properly and that it's open to everybody. And then the second thing is stop bailing these companies out. Every time these companies have a problem, they get bailed out. If they get bailed out, then it leads to managers who are incompetent, the airline companies have managers. Expect a bailout at this point. Expect a bailout”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“You are a politician. You're a government bureaucrat. And you think you understand the free markets better than the free markets operate? You're wrong. The best thing that could have happened would be for a mismanaged company like Spirit, which was underwater, which didn't have good management, which didn't have a great or didn't have a sustainable product to go to a company like JetBlue or for JetBlue, which bought Virgin, which was another company that was not sustainable, it's totally fine for there to be consolidation. When you have consolidation, what happens is you will wind up opening up opportunities for other people to come into the market. Where you want to look for places to intervene is in the allocation of gates at airports.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“I think that's because we had a flurry last year, right? And it'll just keep happening. And M&A is happening again. I think the interesting one is the Spirit Airlines, which JetBlue wanted to buy Spirit Airlines. Elizabeth Warren, Lena Khan, all these folks, they blocked it. Why did they block it? Oh, well, because it's going to be less choice and we want to, you know, we want there to be more options for people flying from Boise, Idaho to Fort Lauderdale, et cetera. And of course, Spirit Alliance goes under.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Another thing they're doing, they're taking their network of experts, of humans, and they're saying you can rent humans on the network just like we've seen with various guests we've had on here. It's a mechanical turk type thing. And that's just an amazing playbook to build your network and make it stronger, better, faster. The other thing I'll say. When people have to use your infrastructure, you have to have great infrastructure, right? So if your customer as the AWS group is Amazon, okay, yeah, you can have mistakes and then you have to answer to management. If you're servicing the rest of the world, then all of a sudden target's calling you and American Airlines calling and this person's calling like, hey, why is AWS down? You got a lot more pressure on you.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“In order to incentivize shareholders, but I think it's a really Amazing thing for Amazon to do this again. Very smart idea.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“It'd be huge. It would be, I don't know what the largest acquisitions have been in the history of the internet right now. But we certainly have $20 billion, $50 billion ones on the regular right now. This would be $150 or $200 billion. It would have to be a $250 billion or $200 billion one. Exactly.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Device that brings your world to you. You can imagine you put either of these two companies together, the synergy is extraordinary. It would make Apple so valuable to be able to say buy an iPhone and get a hotel. Anywhere you want, get which they just announced they are doing a deal with Expedia. Uber's doing a deal with Expedia. Get a ride, get food, get groceries, get convenience store. All of that is built into the iPhone. And the iPhone is constructed around this delivery promise. Apple on demand. Amazon's already has it. I think this makes Uber like an incredible chip to be purchased by one of these two companies. Now that would be a mega acquisition.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“It's a moat in the world that we are entering, this is an increasing moat. If software is not a moat, this is. Infrastructure equals moat. You're seeing this also with Uber. Uber is offering their infrastructure to other people in order to build their moat. They're going to be offering all their self-driving data. They offer logistics to people. It is brilliant. And I think this means eventually Amazon buys Uber. If Amazon keeps this up, if they own the Uber network, Amazon could be delivering products even faster globally. And Amazon is not in every country, Uber is. I've always thought Uber would get purchased eventually by Amazon or Apple. Because Uber is the everything app and Apple is the most sophisticated.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Is a genius move, they did it with AWS. If you perfect something internally and then you put the rest of the world on it, the original thesis was, oh my God, Amazon is giving away the keys to the kingdom. They're going to share their cloud computing secrets, eu contramre. They created a business line. That is so profitable it makes their compute free. Let that sink in. This is going to be so powerful. So many people are going to embrace it that it's going to build a relationship with all of those e-commerce vendors, all of those people shipping products. It deepens their relationship just like AWS, deepens their relationship with folks. And it's going to lower the cost of Amazon's, you know, one of Amazon's key expenses. Compute has been driven down by AWS and logistics will be driven down by this. It's a brilliant move.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Correct. Thank you. And so that bricks to clicks would be extraordinary. Okay, let's move on. I think I went over 90 seconds. Sorry.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Number two, do more live commerce, which is very popular in China, and then lean into collectibles and then have a real world presence like the GameStop stores. That's actually a pretty great idea. I've always wondered, why does it eBay create retail stores, take the best of a consignment and make it an experience? Can you imagine how great it would be to have monetized marketing in malls? eBay could have a top floor of the mall. One section for eBay collectibles, one for eBay autos, one for eBay electronics, one for eBay clothes and fashion. That would be brilliant. And you could just return.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm not saying they're doing anything illegal, but it feels like they're manipulating markets, which means if you ask me, you're my brother, my cousin, for financial advice, and I'm not giving financial advice here, I would run for the hills and look for a company that's a stronger company. Maybe I would buy eBay stock, not GameStop. I would sell my GameStop and I'd buy eBay because eBay isn't underappreciated asset. And I did read, he had some interesting ideas there. Cut expense, great.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“I just answered it. I have no answer that question perfectly without any preparation. And I'm not the CEO of the company. Now let's put this aside. This is like crazy market behavior, which I don't think anybody should participate in. I give them credit for like raising money and figuring it out or whatever, but I hate market manipulation stuff. And I just think buyer beware. If you're participating in these shenanigans, you deserve to lose it all. This is market manipulation. This is likely GameStop has always been about market manipulation. That's what they've told us they're doing. I think it continues, or my expert view here, is this feels like they're still trying to manipulate markets. I don't like it.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“In our bank account, our balance sheet. Thank you. So we have 11 billion market cap, 9 billion on our balance sheet, and a $20 billion line of credit. You can assume if we have those three things, we'll be able to bridge the gap with the rest. Great question, Andrew. And then the conversation moves on. Instead, he chooses to be so arrogant, and I'm not making fun of people with Asperger's, but people are like, is this person have Asperger's not even looking in the eye? Like, does he not understand that he's being asked a question in good faith? In fact, he's being given a softball.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“In cash, you would take nine billion out of the valuation first and then you'd be left with the enterprise value, which would be 2 billion. So Andrew Rosorkin is making a bit of a mistake there because it should be the 9 billion is kind of included in the 11, so he's actually short, like a massive amount he should explain. We'll have different ways in order to fill the gap in terms of the purchase price. Our plan is to give half stock. This is how I would answer it. Hey, our plan is to give half equity.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Their job is to communicate your vision, not be arrogant, not have Aspergers, or fight through your Aspergers and get a coach or not be high as a kite. This was the overwhelming reaction of people. Now, that's part one. He's not doing his job. Now, part two is he gets some crazy kicker if he's able to do a deal. He gets this massive stock kicker. So he's trying to do any deal possible from what I'm hearing on the Reddits, et cetera. Now, this is GameStop, which was part of that Stonx movement, Wall Street bets, all that market manipulation that occurred four years ago. Somehow this company was able to raise a war chest. Their business is actually working to some degree, but there's a lot of nuance here that makes no sense. If GameStop is worth $11 billion and have $9 billion,”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, so put me on my 92nd chocolate. Okay. It's time to play your favorite new game. Arrogant Alcohol or high, I mean, all due respect to Ryan, he's on CNBC. He's the CEO of a publicly traded company.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Put it on 2x speed. Always 2x speed here when we're on this week in startups. We'll just make it a little fast for everybody because, yeah.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, play the clip. You have to see his clip. He was on CNBC today. Before I get on my 90-second shot clock, he had a back and forth with Andrew Rohr snorking that was bizarre where he kept telling him to read the website. It's like, well, why are you on this? Just give me that part.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“All right, I know we have a couple of things on the docket in terms of news Lightning around me and yeah, and put me on a shot clock. Is there a shot clock built into Zoom now? I was on a foundry call and there's a shot clock on Zoom where we play Like music from the Oscars to after they get to two and a half minutes, it starts playing the music and then turns off their microphone. It's amazing. All right. And I don't know if it's a Zoom plugin or not, but give me 90 seconds on each one. Here we go.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, can't wait. Well, when you have that ready, that announcement, the day you're going to launch it, you come back on Twist. All right, we'll drop John off. Great job from John.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“These are like the OG crypto people. These are the OG compute people because they actually are in it for the right reasons. Sovereignty, freedom, individual freedom, fighting against authoritarianism, fighting against socialism and communists who want to take away people's freedoms. I applaud what you're doing, John. And I wish you great success with it.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source
“That I would never have visited, but I can in 30 minutes get to the center of Paris or Tokyo. People who couldn't afford the shripper, like, that's an easy thing for me. That's an easy concession for me to make. The market didn't understand that. The market couldn't understand that, right? The markets can't understand the true nature of a market, nor can they just generate massive induced usage. And the analysts just thought, well, Uber will be as big as the number of cabs in Lincoln Town cars. And Uber blew past that. People thought Airbnb would be as big as the number of hotels and they would be paying for the host. They blew past that in Paris and Tokyo. Why did they blow past it? Because they induced the market to exist. That's what Schutz will do if they keep this project on the rails and they keep this project tight and people can trust it. And that's why I love guys like John and these principal people who join these.”
2026-05-05 · This Week in Startups · Naval's GP, Ankur Nagpal, Breaks Down The Viral "USVC" Fund | E2284 · IDENTIFIED FROM THE TRANSCRIPT · source