A seed-stage fund gets 10 markups… and a YC company hits a 4.5x in 9 months.

That’s the vibe heading into 2026. Speed is up, liquidity is thawing, and AI is compressing timelines across YC and the broader venture market.

In this episode of The Lobster Talks, we recap Lobster Capital’s breakout 2025, unpack why seed → Series A is getting cut in half, and lay out the sharpest 2026 prediction: the liquidity cycle is coming back… via IPOs, M&A, secondaries, and “creative” acquihires. We also dig into the counter-trend: as AI floods everything, founders are building real-world, tangible products that pull people off screens… Powered by AI, Not anti-AI.

What you’ll learn in this episode:

• Why seed → Series A is moving from 18–24 months to ~9 months in top YC companies
• How a YC-backed company can go 0 → $10M ARR in ~14 months and keep growing 40% MoM
• Why DPI + liquidity is the only KPI LPs ultimately care about
• The new playbook: VC + PE strategies converging as AI makes roll-ups and efficiency leaps inevitable
• The “opposite reaction” to AI: hardware + real-life communities powered by AI agents
• What’s showing up in Winter 2026: robotics, hardware, and a surprising wave of space tech

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters:

00:00 Introduction and Cold Open

00:46 Welcome to The Lobster Talks

01:16 Recap of 2025 Achievements

02:19 Series A Success and Future Predictions

07:50 The Importance of Liquidity in VC

09:35 AI's Transformational Impact

18:58 The Role of YC and Future Outlook

21:45 AI Note Taker: A Physical Product in 2026

22:36 Digital Detox: Reconnecting with the Real World

23:59 Lobster Capital's Portfolio: RealRoots and Sunflower

28:15 The Rise of Robotics and Space Tech in 2026

31:39 YC's Moonshot Investments and Future Prospects

34:27 Reflections on YC's Evolution and Success

37:40 Upcoming YC Demo Day and New Group Partners

39:21 Conclusion and Future Episodes

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

Everyone’s chasing shiny AI agents. Tanner Jones is quietly using AI to tear out 25% of a state’s rule book, and got Virginia to require his product by law.

This episode goes inside Vulcan Technology, a YC startup using AI to map every law and regulation in America, undercut Deloitte and McKinsey, and turn a $4T regulatory burden into a trillion-dollar software market. We talk about Virginia’s $24K cheaper homes, destroying the Big Four with code, how to actually sell into government, and why most “AI for gov” plays are doomed from day one.

You’ll learn:

• How Vulcan uses AI to analyze entire regulatory codes and show what can’t change, what can change, and what must change.
• The Virginia case study: how building code streamlining translated into ~$24,000 less per new home without touching safety.
• Why both red and blue states are leaning into AI for regulation, and how YC founders are navigating the politics.
• What investors get wrong about govtech, ARR, and how to value AI consultancies selling into the state.
• How Tanner sold to a state government 10 days after incorporation and then raised one of the biggest seeds of his YC batch.
• What’s overhyped in AI infra, what’s inevitable, and how to avoid building a “solution in search of a problem” in govtech.

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters:

00:00 Introduction: The Challenges of Government Contracts

00:51 Sponsorship Message from Stable

01:51 Introducing Tanner Jones and Vulcan Technology

02:33 The Vision: AI in Government Consulting

06:20 Case Study: Virginia's Regulatory Overhaul

12:26 Bipartisan Appeal of AI Solutions

17:34 Behind the Scenes at Y Combinator

22:28 Navigating Government Sales and Investor Relations

24:51 Scientific Innovation and Emergence of New Companies

25:15 Palantir and Anduril's Impact on Intelligence Agencies

25:37 Targeting Regulatory Agencies and Market Size

26:10 Challenges and Opportunities in Government Contracts

27:37 Passion for Government Reform

28:25 Investor Interest in Govtech and AI

29:30 Challenges for Govtech Startups

32:26 Understanding Government Incentives

34:06 Metrics for Success in Govtech

42:31 Future of AI in Government

46:09 Final Thoughts and Contact Information

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50

Most people think GPS is “good enough”, until you realize 90% of human and object movement happens where GPS doesn’t work at all. Warehouses, hospitals, tunnels, battlefields… completely blind spots.

In this episode of Lobster Talks, Raymond Lee (Twill, YC) sits down with John Ferrara, solo founder of Juxta (YC S25), who’s building a Universal Positioning System... a no-hardware GPS alternative that works indoors, underground, and anywhere humans or machines move.

We break down the tech, the wedge into logistics and defense, and how he raised $5M at a $40M cap in ~48 hours as a 21-year-old solo founder straight out of YC.

You’ll learn:

- Why 90% of location data on Earth is currently invisible — and why that’s such a big deal.

- How Juxta uses IMUs, 3D simulations, and “synthetic fingerprinting” to localize devices without satellites or beacons.

- Real use cases across logistics, warehouses, defense, and hospitals — and why these buyers are leaning in.

- How deeptech founders should think about tech risk vs market risk when pitching VCs.

- What it’s like to go through YC S25 as a solo founder, and why so many deeptech founders end up solo.

- The inside story on raising a fast, oversubscribed round from CRV, PG, SV Angel, Liquid 2, and more.

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters

00:00 Introduction to GPS-Denied Spaces

00:44 Sponsor Message: Stable

01:45 Welcome to Lobster Talks Podcast

02:10 Meet Jonathan Ferrara from Juxta

03:39 Understanding Juxta's Technology

08:50 Applications and Use Cases of Juxta

10:34 Onboarding Process for Juxta

15:37 Competitors and Market Landscape

25:27 Deep Tech and Solo Founders in YC

34:47 Solo Founders and the Victim Complex

35:15 The YC Experience and Going Solo

37:18 Support Systems and Coping Mechanisms

40:23 Raising Funds as a Solo Founder

44:25 Choosing the Right Investors

56:17 Vision for the Future

59:05 Conclusion and Contact Information

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50

YC pivot. Creator taxes. Real savings.

Fernando from Beluga Labs explains how AI moves tax planning from “black box” to one-click, year-round optimization, starting with the messiest edge case: content creators.

In today’s episode, Nikki hosts Fernando (Beluga Labs, YC S24) on building AI-first tax planning for creators, why they pivoted in-batch, and how YC’s “light cone” advice shaped a focused GTM.

We cover messy creator income, quarterly taxes, line-by-line deductions, and fundraising with discipline…not vibes.

You’ll learn:

- Why creators are the hardest (and best) wedge for tax software

- How YC’s niche-first “light cone” shaped Beluga’s roadmap

- The two biggest ways creators lose money on taxes (and how to stop it)

- What a 3-star → 10-star tax UX looks like (from “not going to jail” to one-click refunds)

- Fundraising discipline: setting milestone-based use of proceeds

- The creator economy reality: followers ≠ revenue; niche and brand matter more

Chapters:

00:00 Introduction to AI-Powered Tax Planning

00:21 Stable: A Solution for Business Addresses

01:21 Welcome to Lobster Talk Podcast

01:40 Meet Fernando from Beluga Labs

02:03 Fernando's Journey to Entrepreneurship

05:14 Beluga Labs: Revolutionizing Tax Planning

06:32 The Pivot to Tax Solutions

11:56 The YC Experience and Support

16:32 Exploring Other Opportunities

19:20 The Future of Content Creation

21:50 Key Industry Insights and Data

24:14 The Financial Reality of Content Creators

24:43 Maximizing Income Through Investments

25:19 The Value Proposition of Tax Solutions

25:53 Streamlining Tax Filing for Creators

27:42 Aggressive Tax Savings Strategies

31:45 Future Plans and Expansion

36:59 Fundraising and Business Growth

43:19 Final Thoughts and Advice

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50

A YC insider walked away from the best seat in the Valley… to build “prank call” voice AI that now powers serious enterprise sales.

Simple AI started as a consumer assistant that people used to troll their friends—and turned into a phone agent platform that’s replacing entire call centers.

In this episode of The Lobster Talks, I sit down with Cat, founder of Simple AI and former YC product lead behind Startup School and YC’s co-founder matching tools. We go deep on the real difference between a business and a startup, why YC went all-in on AI before the rest of the market, and how voice agents are quietly becoming the most valuable “employee” in the building.

You’ll hear how a side-project consumer app turned into inbound from enterprises like Omaha Steaks, why B2B isn’t boring when the hair is really on fire, and what the future looks like when calling a business means talking to an AI that actually solves your problem.

In this episode, we cover:

• How Cat went from building Startup School at YC to founding Simple AI
• Why “making money” isn’t enough to call something a startup—and why tech-enabled scale still matters
• The origin story of Simple AI: consumer assistant, prank calls, and the first “holy sh*t” user feedback
• How large enterprises are using voice agents today for inbound sales, support, and real revenue lift
• Why high-quality, high-conversion calls beat “cheap” AI—and how Simple AI thinks about upsell and A/B testing
• B2C vs B2B in voice AI, YC’s early bet on LLMs, and whether this is a winner-take-most market

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters:

00:00 The Power of Voice AI: Pranks and Beyond

00:34 Sponsor Message: Stable - Your Virtual Business Address

01:34 Introduction to Lobster Talks and Today's Guest

01:41 Meet Cat from Simple AI

01:55 Cat's Journey at YC and the Birth of Simple AI

02:46 Building Tools for Founders at YC

04:25 The Distinction Between Business and Startup

05:49 The Role of Technology in Startup Scalability

09:03 The Visionary Leap into Voice AI

10:58 The Early Days of AI and YC's Influence

15:58 The Consumer Focus of Simple AI

17:49 Real-World Applications of Simple AI

21:00 How Simple AI Works: Practical Examples

22:44 The Power of Simple AI: No Marketing Needed

22:58 Celebrity Endorsement: Reese Witherspoon's Favorite AI

23:41 How Simple AI Benefits Businesses

24:03 AI in Call Centers: A Game Changer

24:39 The Omaha Steaks Case Study

25:45 AI vs. Human: The Upsell Advantage

26:15 Seasonal Workforce Challenges Solved by AI

27:47 The Future of AI in Sales and Support

31:57 The Synergy Between B2C and B2B Products

34:10 The Potential of Voice AI in B2C

44:08 The Competitive Landscape of Voice AI

45:51 Conclusion and Final Thoughts

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50

YC F25 just produced one of the wildest Demo Days we’ve seen: AI everywhere, hardware roaring back, and a drone startup raising at ~$200M straight out of the batch.

If you care about where early-stage markets are really going, this is your field report.

In this episode of The Lobster Talks Podcast, we break down YC F25 Demo Day just hours after it wrapped.

We walk through the real themes behind the noise: AI as default, healthcare and finance getting rebuilt, deeptech and defense going mainstream, and why some YC valuations are starting to look… ambitious.

We also dig into Absurd (AI launch videos as a service), whether AI-powered services can be truly venture-backable, and what a $200M YC seed round means for fund math and future returns.

You’ll learn:

• Why “every startup is an AI startup” is no longer a hot take, it’s table stakes.
• 
  
• The under-discussed YC F25 trends: healthcare, financial services, “AI for the real world,” and deeptech/hardware.
• 
  
• How AI-enabled service providers like Absurd are rewriting the rules on what’s considered “venture-backable.”
• 
  
• The inside view on a YC F25 drone company raising at ~$200M and what that implies for fund-return math.
• 
  
• How YC valuations have quietly crept back up post-2023, and what that means if you’re raising or investing.
• 
  
• Why narrative, defense, space, and truly hard tech (Starcloud, Astroforge, Array Labs, Harper, etc.) are shifting what “normal” outcomes look like.
• 
  

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters:

00:00 Introduction: Surprising Valuations and Market Dynamics

00:54 Sponsor Message: Stable's Business Address Solution

01:54 Welcome to Lobster Talks Podcast

02:45 Recap of YC F25 Demo Day

03:56 Diverse Categories in YC F25 Batch

05:31 AI's Impact on Various Industries

06:26 Deep Tech and Hardware Innovations

07:23 Consumer Startups in YC F25

09:53 The Rise of AI-Enabled Service Providers

16:11 Debate: Service Providers and Venture Backed Outcomes

22:44 Scaling Ad Production Challenges

23:11 The Future of Video Content

23:58 Absurd Valuations in YC Companies

24:21 Drone Company with a $200M Valuation

25:59 Investment Returns and Valuation Math

28:47 High Valuations and Market Trends

36:43 Ambitious YC Startups and Their Potential

39:17 The Cycle of YC Valuations

42:50 Conclusion and Upcoming Episodes

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50

YC to 200K users without a marketing budget? HeRA is trying to become the Figma of motion design and put After Effects on notice.

This is a builder’s story: fast pivots, AI-native product, and a bold bet to scale from Berlin, not SF.

In this episode, Chia, co-founder & CTO of HeRA breaks down how they pivoted into AI motion design, grew to hundreds of thousands of users, and why they’re betting on an onsite Berlin team post-YC.

We cover PMF vs. virality, the UI/UX of AI video, the Figma vs. Adobe playbook, and how HeRA wants to power every SaaS launch video.

You’ll learn:

- Why the motion graphics wedge beat “all-in-one” AI video editors

- The YC pivot moment: prototype in two days → interview in a week

- Berlin vs. SF: talent, costs, and staying plugged into the Valley

- PMF litmus test for AI video: “1 min product video in less than 30 minutes”

- How HeRA generates code to animate motion (and why time makes it hard)

- The Figma analogy: AI-native UX vs. legacy add-ons—and why Adobe should worry

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters

00:00 The Origin of Hera: From Video Editor to Motion Graphics

00:29 Sponsorship Message: Stable's Virtual Address Service

01:28 Introduction to the Podcast and Guest

02:07 Chia's Journey with YC and Hera's Evolution

02:51 The Birth of Hera's Core Idea

05:25 Decision to Move Back to Berlin

14:53 Technical Insights: How Hera Works

19:46 Marketing Success and Product Market Fit

25:00 Creating Continuous Motion Graphics

25:22 Challenges in Long Video Generation

27:55 Competing with Adobe After Effects

30:28 The Future of Motion Graphics with AI

31:20 Collaborative Features and Market Vision

36:38 Trends in AI and Video Creation

43:23 Hera's Impact on the Industry

48:32 Closing Remarks and Future Outlook

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50

YC Fall ’25 Demo Day isn’t here yet, but the signal is already loud. We went through 150+ companies and picked the ones we’d fight to get allocation in.

From AI-native banks and eBay killers to fusion reactors in space and crowdsourced drug discovery, this episode is a pre–Demo Day breakdown of YC’s Fall ’25 batch. We go category by category (B2B, Consumer, Fintech, Healthcare, Industrial/Real Estate) and call our shots before founders hit the stage. No hindsight bias, just real-time conviction.

In this episode, we cover:

- Why AI video tool Waffer might become the Canva of motion, not just another Sora clone.

- How Sorce hit 500k+ users and got Drew Houston to Venmo them a $200K angel check.

- The AI-native consumer plays: SellRaze (the “AI eBay”) and Sunflower (sobriety companion that actually prevents relapse).

- Fintech 2.0 with Selfin (AI bank aggregator) and Fernstone (AI-powered insurance brokerage in a Berkshire-sized market).

- Wild upside in healthcare and deeptech: Exonic’s crowdsourced drug discovery and LunaBill’s AI phone agents for U.S. healthcare billing.

- The industrial moonshots: Axial Composites’ next-gen carbon fiber and Zephyr Fusion’s bid to do fusion… in orbit.

📌 Watch now and subscribe for more smart, fast, founder-first interviews.

Chapters:

00:00 The Crazy Story of Sorce's Founding

00:56 Introducing Stable: The Business Address Solution

01:56 Welcome to Lobster Talks: Fall 25 Demo Day Preview

03:28 Diving into B2B Startups: Laurie's Top Pick

08:43 Exploring B2B Startups:Gabriel's Top Pick

16:31 Consumer Startups: Laurie's Favorite Pick

21:09 Consumer Startups: Gabriel's Top Pick

25:10 FinTech Startups: Laurie's Top Pick

28:43 AI Native Banking Revolution

29:45 AI in Insurance: Fernstone's Disruption

32:01 Healthcare Innovations: Exonic and LunaBill

38:21 Industrial and Real Estate Picks

42:21 Fusion Energy in Space: Zephyr Fusion

47:17 YC's Hardware and Deep Tech Push

50:36 Demo Day and Final Thoughts

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@lobstercap

This podcast episode is sponsored by Stable. Click here to sign up for a virtual address:

https://dashboard.usestable.com/onboard/begin?utm_source=youtube&utm_medium=description&utm_campaign=influencer_lobster&promoCode=lobster50