Bastian Lehmann
Founder & CEO, Tiptop. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveinvestor@Basti ↗docs.tiptop.com ↗
Bastian Lehmann is the co-founder and former CEO of Postmates, which pioneered on-demand urban delivery before being acquired by Uber for $2.65 billion. Following the sale, he launched Tiptop, a fintech company enabling instant trade-ins at checkout.
1shows
1appearances
40statements
6resolved
3supported
1contradicted
50%fully supported
1said about them ↓ Everything Bastian Lehmann said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Bastian Lehmann: 99% of VCs are sheep who lack independent thinking
“I would probably today say that 99% are sheep.”
Lehmann: Screenless dedicated AI inference computers will be in every home
“I think when it comes to AI and personal AI, we may be at a moment in time where there is an opportunity for a new computer, a new type of computer that we may see in every home. A computer that runs your own personal AI on a chip that does not have to be as p…”
Lehmann: AI startups created today will grow larger than tech incumbents
“There will be companies born today that will be larger in the field of AI. Then the companies that are the largest companies that we have today, and they will start as toys and they will start as something that is probably overlooked and something that is not …”
Lehmann: Google went from most respected company to laughingstock over AI
“This is Google that you're talking about, and they shed the bed so hard. They literally just went from like the most respected company in the world to laughing stock in a matter of month.”
Lehmann: Apple Vision Pro will have record high returns and fail
“This will be the first product for Apple where they have more returns than they have on any other metric You. You can plot the graph, and it's since Steve Jobs came back, this is probably the first thing that is a turd.”
Bastian Lehmann: Failing to develop AI rapidly poses humanity's greatest existential risk
“The risk is not that there will be an evil AI that will kill us. I think the risk will be that by not becoming more intelligent and using these intelligent tools will become extinct.”
Lehmann: Every scaled market was profitable for Postmates and DoorDash
“No, I think Tony and I knew from the start that, that this is a tremendous business. If you can scale it and every market that you had at scale was profitable for us, and I know that the same thing was also true for DoorDash.”
Lehmann: Postmates-Uber acquisition returned nearly $5B to shareholders
“We negotiated the deal so well, there was no color on the deal. By the time the deal closed, it was almost five billion dollars.”
Lehmann: Postmates acquisition has not been written off by Uber
“I see no signs of the Postmates acquisition being written off because I think the brand is very strong. It continues to be very strong in LA.”
Lehmann: Founders Fund believes board seats offer all downside, no upside
“So at Founders Fund, they obviously believe in this very deeply. We just saw this obviously with Keys leaving there and being somewhere else, they, the belief is that there is very little you can do to actually move the needle, other than writing the check. An…”
Lehmann: Founders should walk away from VCs requiring deep convincing
“I do believe that there's unlimited amount of capital out there, and I believe that it is easier and it's better worth your time by focusing on the people that initially believe in that than trying to ride two or three rounds with the same VC firm and spend tw…”
Lehmann: Local home inference is the only cost-effective way for personal AI
“Inference is very powerful the closer it is to the source of data. I mean, given that you, if you think about a personal assistant, the personal assistant needs a lot of information about you and inputs, That's why you would see that at home. It also is the on…”
Lehmann: Smartphones have reached the peak of their societal importance
“So when I call it dead I don't call it dead in the sense of we won't use it anymore, but I think it has reached the peak of its importance in people's lives.”
Lehmann: Apple Vision Pro is a product in search of a market
“On the Vision, as it is, how it is today? I, short. I think it's a product in search of a market.”
Bastian Lehmann: OpenAI may struggle to build successful products beyond ChatGPT
“It's a fantastic research company is how I would describe OpenAI. I think it remains to be seen if they can launch extremely successful products other than a chat based a chat GPT.”
Lehmann: Most companies fail because founders give up
“Most companies fail because the founders give up, and we refuse to give up.”
Lehmann rejects luck, attributing success to grit and hard work
“I don't really believe in luck much. But I also don't have a definite answer. I think I believe in determination and grit and hard work.”
Lehmann: Top VCs and hype cannot change startup outcomes
“A lot of times even the great VCs and a lot of hype can't really change the outcome of a company.”
Lehmann: Postmates prioritized deal structure over headline price in Uber merger
“And I think he came out with a number that was around 2.2 or something, and we negotiated it up a little bit, but I didn't want it to push too hard, because the two things that we negotiated for are no breakup, Absolutely no way out and no color on the deal be…”
Andreessen Horowitz passed on Postmates four or five times
“I pitched him four times or five times the entire firm with Postmates. They were smart enough to say no”
Marc Andreessen committed to funding Bastian Lehmann over a single phone call
“He pinged me actually, because a friend told him that I was working on something and he called me and I said, I don't even know if that idea is good. And he said he said, okay, like, you, Are you, do you want to do it again? And I said, yes. It's like, well, t…”
Lehmann: High LLM compute costs prevent killer apps beyond chatbots
“I believe that one of the overlooked areas of the current state of AI and the large language models that we're using is that they're still very expensive. And as a result of that, they're dramatically more expensive than a Google search. And as a result of tha…”
Lehmann: Apple is caught in the inventor's dilemma over AI
“I believe that AI happened too fast and Apple is caught in sort of the inventor's dilemma here.”
The other half of the tape: Bastian Lehmann's own voice is left out of every number here. Other people bring the name up 1 time in 1 episode across the shows. every mention, with the transcript →
Who brings them up most Larry Aschebrook 1
Every mention by year
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20VC 1
One line per show, most statements first. The link opens Bastian's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Founder & CEO, Tiptop | 1 | 40 | 50% 3/6 | full record on 20VC → |