Satya Patel joins Jason to discuss the economics of being a self-funded GP and the structure of their fund (6:51). Then, they have an all-encompassing discussion about the challenges of running Google today, the state of VC, and much more (15:44). Before wrapping, they discuss their investing frameworks and when and when they will not break them (43:29). 
(0:00) Nick kicks off the show
(1:21) Satya's early days a Google
(6:51) The economics of being a solo GP
(9:29) Mercury - Apply in minutes and get up to $5M in FDIC insurance at https://mercury.com
(10:58) The structure of a fund
(15:44) The challenges of running Google today
(17:51) The evolution of chat-based search 
(22:55) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(24:25) The balkanization of AI data 
(29:55) The pace of AI and the harsh reality of the private sector 
(38:11) Clumio - Start a free backup, or sign up for a demo at https://clumio.com/twist
(39:28) Saying "no" to external funds 
(43:29) Flexible Frameworks
(58:05) Founder Archetypes 
(1:01:38) Being "founder friendly" and the importance of board meetings 
(1:14:09) Screendoor 
(1:22:25) Satya's thoughts on SVB 

FOLLOW Satya: https://twitter.com/satyap
FOLLOW Jason: https://linktr.ee/calacanis

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