Sourcery

Sourcery with Molly O'Shea

Interviews with the top VCs & Founders leading the next tech innovation cycle.

  1. Keith Rabois: Lessons from PayPal Mafia, $OPEN, & Investing

    21시간 전

    Keith Rabois: Lessons from PayPal Mafia, $OPEN, & Investing

    Keith Rabois, Opendoor ($OPEN) co-founder & newly appointed Board Chair, Managing Director at Khosla Ventures, & a core member of the PayPal Mafia, joins Sourcery for a masterclass on talent, culture, and contrarian thinking. “You don't want to be the best in the world at what you do. You want to be the only one who does what you do.” Paraphrasing Jerry Garcia, The Grateful Dead He shares how he scouts extraordinary individuals, why every successful startup begins as a cult, and the frameworks he’s developed to simplify complex problems into actionable advice. From the Barrels & Ammunition metaphor to building Olympian-level work cultures, Keith reflects on lessons from PayPal, Square, Opendoor, and Khosla. We also dive into his takes on stress, sleep, and performance, his potential book, and why he believes venture capital is the best job for the intellectually curious. Book Recommendations: • Upside of Stress • High Output Management • The Score Takes Care of Itself 1. Keith Rabois: https://x.com/rabois 2. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 3. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/

    38분
  2. Keith Rabois on Opendoor ($OPEN) Activist Turnaround

    4일 전

    Keith Rabois on Opendoor ($OPEN) Activist Turnaround

    Keith Rabois, Opendoor ($OPEN) co-founder & newly appointed Board Chair, Managing Director at Khosla Ventures, and a core member of the PayPal Mafia, joins Sourcery to discuss the activist turnaround being led at Opendoor. Opendoor just named former Shopify executive Kaz Nejatian as CEO, with Rabois returning to reshape the company’s cost structure and culture. In his words to CNBC: “There’s 1,400 employees at Opendoor. I don’t know what most of them do. We don’t need more than 200 of them.” He says the business must slash its workforce by as much as 85% to achieve long-term viability. The announcement sent Opendoor stock soaring 78% in a single day before retreating 13% the next — still up nearly 500% year-to-date, fueled by retail investors and hedge fund manager Eric Jackson’s campaign. In this conversation, Rabois breaks down: - Why he returned to Opendoor as Chairman & what went wrong. - The decision to appoint Kaz Nejatian as CEO & why the right CEO changes everything. - How AI will be the biggest unlock in making housing transactions faster, cheaper, & more affordable. - The long-term mission to transform a $289 trillion real estate market. - Lessons from PayPal, Square, and decades of building & backing companies at scale. Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/ Chapters: (00:00) Keith Rabois (01:49) Why Keith returned to Opendoor as Chairman (03:28) Appointing Kaz Nejatian as CEO & why leadership is everything (07:57) Activist turnaround playbook: talent, cost cuts, innovation (09:41) What went wrong — interest rates, cost structure, & cycles (13:09) AI as the biggest unlock for housing transactions (15:08) The “Buy It Now” button for homes (17:06) Why selling a home is broken — how Opendoor fixes it (22:09) Why DC is becoming a hub for tech founders

    24분
  3. Klarna's IPO CEO Sebastian Siemiatkowski

    9월 12일

    Klarna's IPO CEO Sebastian Siemiatkowski

    Klarna CEO Sebastian Siemiatkowski joins Sourcery on the eve of their IPO to share the ultimate comeback story — from billion-dollar losses to profit, the hard layoffs, the AI rebuild, and why he let employees lead the charge with new tools. Recorded at the NYSE, this might be the best Sourcery interview to date. We cover how Klarna balances playful branding — pink logos, surreal fish ads, and Snoop Dogg collaborations — with serious technology that powers 111M users and global expansion. Sebastian also addresses misconceptions: Klarna isn’t just “buy now, pay later,” but a full challenger to the $1.2T U.S. credit card market. He explains why Klarna’s business model protects them in recessions, how AI is transforming culture and efficiency, and what he gets out of coding himself at night with Cursor. A company equal parts meme factory and trillion-dollar contender, this was so much fun. 1. Sebastian Siemiatkowski: https://x.com/klarnaseb 2. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 3. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/

    1시간
  4. EXCLUSIVE: Quantum’s SpaceX Moment? Ashlee Vance on PsiQuantum’s Moonshot

    9월 11일

    EXCLUSIVE: Quantum’s SpaceX Moment? Ashlee Vance on PsiQuantum’s Moonshot

    EXCLUSIVE: Quantum’s SpaceX Moment? Ashlee Vance on PsiQuantum’s Moonshot Core Memory creator, Silicon Valley’s Science Expert, & once–quantum skeptic Ashlee Vance sits down with PsiQuantum’s Co-Founder & CSO Pete Shadbolt for a candid, wide-ranging conversation. After touring PsiQuantum’s secretive labs—more than five years after first covering the company—Ashlee found his skepticism shaken, likening PsiQuantum’s ongoing uphill climb to SpaceX’s decade-long, near-death march toward liftoff. Pete reveals why mission, mindset, and his mantra “always be impressive” are non-negotiables for a team attempting a moonshot that may take years to fully realize. If PsiQuantum succeeds, this may be remembered as the conversation where skeptics began to believe. 1. Pete Shadbolt: https://www.linkedin.com/in/pete-shadbolt-4b7541126/ 2. Ashlee Vance: https://x.com/ashleevance 3. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 4. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/ Chapters: (00:00) Intro: Molly welcomes Pete & Ashlee (00:53) Ashlee’s history covering quantum since 2007 (03:11) What makes PsiQuantum different (05:11) Touring PsiQuantum labs: hardware challenges & scale (07:20) Why Ashlee trusted PsiQuantum’s story (08:43) Pete: “Come and see the wafers” (10:23) The academic → startup culture gap in quantum (13:24) Ashlee’s “mind palace” shoot in chaotic engineer’s office (16:12) How PsiQuantum keeps its team motivated for a decade-long mission (17:02) Apollo 11 as a model for focus & alignment (20:01) Pete’s management mantra: “Always be impressive” (20:25) The mud-slinging problem in quantum pitches (22:51) Hardware timelines: SpaceX as a 10–15 year lesson (24:47) Closing reflections: Quantum’s future and PsiQuantum’s place in history

    26분
  5. PsiQuantum’s $1B Series E, Nvidia, & the Race to 1 Million Qubits

    9월 10일

    PsiQuantum’s $1B Series E, Nvidia, & the Race to 1 Million Qubits

    Pete Shadbolt, Chief Scientific Officer & Co-Founder of PsiQuantum, unpacks the company’s landmark $1 billion Series E, bringing total funding to nearly $2 billion & valuing the company at $7 billion. Backed by BlackRock, Temasek, Baillie Gifford, and Nvidia’s venture arm, PsiQuantum is doubling down on its radical bet: you need 1 million qubits to unlock useful quantum computing. Shadbolt explains why PsiQuantum rejected incrementalism, how the partnership with Nvidia and Jensen Huang strengthens the roadmap, and why quantum is positioned as the next wave of compute alongside AI and semiconductors. From photonic chip breakthroughs to government partnerships in Australia and Illinois, this is a rare inside look at the company leading the race to build the world’s first fault-tolerant quantum computers. Previous lead investors include: Playground Global and Redpoint led the Series A in 2016, Founders Fund led the Series B in 2017, Atomico and M12 led the Series C in 2019, and BlackRock led the Series D in 2021. 5 Key Takeaways • PsiQuantum closed a $1B Series E, bringing total funding to nearly $2B • Investors include BlackRock, Temasek, Baillie Gifford, Macquarie, Nvidia (NVentures), Ribbit Capital, QIA,1789 Capital & more • PsiQuantum is committed to an “N of 1 Million Qubits” strategy—skipping demos to build at scale • Nvidia and Jensen Huang are strategic partners, collaborating on GPU-QPU integration, algorithms, and photonics • PsiQuantum’s valuation hit $7B, making it the most well-funded quantum company in the world 1. Pete Shadbolt: https://www.linkedin.com/in/pete-shadbolt-4b7541126/ 2. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 3. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/ (00:00:00) Intro and Recent Funding (00:02:29) Building PsiQuantum: From UK to Silicon Valley (00:03:55) Investment Strategy and Deep Tech Focus (00:05:35) PsiQuantum's Differentiation: Going Big from Day One (00:07:03) Rejecting Incrementalism for Large-Scale Vision (00:09:13) The Rocket Engine Analogy (00:10:59) Timeline Debates and NVIDIA Partnership (00:15:36) Global Manufacturing and Facilities (00:20:21) Path to Becoming a Trillion Dollar Company (00:23:32) Revenue Model and Commercialization Strategy (00:27:53) Working with Global Foundries (00:31:27) Quantum Computing's Role in Semiconductor Industry (00:38:28) Public Trust and Government Validation (00:45:49) The Reality of Quantum Computing Valuations (00:53:12) Zero to One Technology Approach (01:00:19) Global Facilities and Infrastructure (01:09:03) Reindustrialization and Strategic Importance (01:34:02) Personal Journey and Vision (01:44:23) Timeline for Useful Quantum Computing (01:53:54) Looking Ahead: Next Steps and Future Vision

    1시간 58분
  6. Ashlee Vance: Stories from Elon, Palmer Luckey, Bryan Johnson & Priscilla Chan

    9월 8일

    Ashlee Vance: Stories from Elon, Palmer Luckey, Bryan Johnson & Priscilla Chan

    Ashlee Vance, best known as Elon Musk’s biographer, and now the creator of Core Memory, a frontier podcast and video series exploring space, science, and technology, joins Sourcery for a fun behind-the-scenes (BTS) on his most high profile guests. We talk about why Ashlee shifted from journalist to founder, his vision for Core Memory, and the guests who have defined the show — including Palmer Luckey, Bryan Johnson, and Priscilla Chan. Ashlee also reflects on his relationship with Elon Musk and the lessons he’s learned from him on persistence, prioritization, and relentless focus. Notable Guests: • Palmer Luckey (Anduril founder) • Bryan Johnson (Kernel, Blueprint, Don’t Die) • Priscilla Chan (Chan Zuckerberg Initiative) Connect with us: 1. Ashlee Vance: https://x.com/ashleevance 2. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 3. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/

    31분
  7. 9월 7일

    The CEOs Behind America’s Next Frontier in Air & Sea Travel

    Adam Goldstein (CEO of Archer), Billy Thalheimer (CEO of REGENT), and Mitch Lee (CEO of Arc) join Molly O’Shea to talk flying cars, flying boats, and the electrification of air & sea travel. Archer is scaling its Midnight aircraft for urban air taxis and defense applications; REGENT is launching high-speed seagliders that combine boats and planes; and Arc is bringing electrification to boats. From winning FAA support and building factories in Georgia and Rhode Island to preparing for the LA 2028 Olympics and contested logistics in the Indo-Pacific, these founders share how they’re creating entirely new transportation categories. 1. Adam Goldstein: https://x.com/adamgoldstein13 2. Billy Thalheimer: https://x.com/billythalheimer 3. Mitch Lee: https://x.com/dontmitch 4. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 5. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/ Chapters: (00:00) CEOs of Archer, REGENT, Arc Boats (02:16) Archer (03:21) FAA's New Category & Industrialization (04:39) Market Potential & Scaling Challenges (11:19) Midnight Aircraft & Safety Innovations (20:16) Commercial & Defense Partnerships(29:30) REGENT (38:09) Revolutionizing Coastal Transportation (38:47) Navigating Regulatory Challenges (40:51) Mastering Waves & Weather (43:52) Innovations in Manufacturing (45:53) Future of Maritime & Aviation (52:09) Arc Boats (53:48) Reindustrializing the Boating Industry (01:03:43) AI & the Future of Boating

    1시간 13분
  8. Fired by Elon, Meta & Wendy’s, Now Raising Millions for Hello Patient

    9월 4일

    Fired by Elon, Meta & Wendy’s, Now Raising Millions for Hello Patient

    *WARNING* Alex Cohen has one of the wildest founder journeys in tech. Fired by over 11 companies—including Elon Musk’s X, Meta, CrowdStrike, and even Wendy’s—he’s now the founder and CEO of Hello Patient, an AI platform transforming how healthcare practices engage with patients. In this conversation, Alex and Molly O’Shea dive into his underdog story, the viral parody videos that turned heads across the Valley, his 220k+ X following, why storytelling is the ultimate founder superpower, and yes, shares his latest experiments with peptides... Which all leads to Alex announcing Hello Patient’s $22.5M Series A led by Scale Venture Partners, with continued support from 8VC, Bling Capital, Max Ventures, and Remus Capital. Building the future of conversational AI in healthcare. Hello Patient builds conversational AI agents that handle patient-facing workflows across phone, text, and web chat. Instead of patients waiting on hold, missing appointments, or navigating clunky portals, Hello Patient automates scheduling, reminders, follow-ups, and inbound calls. The system is already deployed across urgent care, ENT, behavioral health, med spas, and primary care, giving clinics 24/7 coverage while reducing missed calls and boosting patient satisfaction. With staffing shortages across the healthcare industry, Hello Patient steps in as the digital front desk—scalable, HIPAA-compliant, and deeply integrated with practice management systems. Highlights • The Underdog Story: Alex was fired 11 times before founding Hello Patient, a history that fuels his authenticity and self-deprecating humor. • Parody as Marketing: Launch videos parodying Humane and Sam Altman/Jony Ive weren’t gimmicks—they were strategic brand moments that drove massive inbound traction. • Fundraising Success: Hello Patient raised a $22.5M Series A led by Scale Venture Partners, with participation from 8VC, Bling Capital, Max Ventures, and others. • Healthcare AI Impact: Hello Patient powers omnichannel patient engagement—calls, texts, and chatbots—for urgent care, ENT, mental health, med spas, and more, solving staffing shortages and missed appointments. • The X Factor: With 220k+ followers, Alex’s shitposting persona is more than comedy—it’s storytelling that gives him investor access, customer inbound, and cultural relevance 1. Alex Cohen: https://x.com/anothercohen 2. Molly O’Shea: ⁠https://x.com/MollySOShea⁠ 3. Sourcery: ⁠https://x.com/sourceryvc⁠ Brought to you by: • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery • Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourcery Follow Sourcery for the latest updates! https://www.sourcery.vc/ Chapters: (00:00) Underdog Story (01:40) Getting Fired 11 Times (02:38) Creating the Launch Video Parody (03:32) Recreating Sam Altman's Look (06:01) Reviewing Past Company Firings (10:41) Transition from Carbon Health to Hello Patient (13:02) Series A Fundraising Process (14:35) Storytelling, Social Media & Fundraising (30:03) Company Growth & Metrics (31:55) Technical Stack & AI Partnerships (38:08) Team and Hiring (41:53) Deep Dive into Peptides (46:23) Discussion on Weight Loss Peptides (50:36) American Food System & Health (53:03) Predictions on Jony Ive & Sam Altman's Device

    55분

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Interviews with the top VCs & Founders leading the next tech innovation cycle.

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