Victor Lazarte
Managing Partner, VL Fund. On 1 show, 1 appearance. The Shows tab opens the full record on each.
investorfounderexecutive@victoralazarte ↗wildlifestudios.com ↗
Victor Lazarte co-founded Wildlife Studios, bootstrapping and scaling it into one of Latin America's largest mobile gaming companies. He was the first investor in Brex and previously served as a General Partner at Benchmark, leading Series A investments in AI companies like Mercor and HeyGen.
1shows
1appearances
41statements
9resolved
5supported
3contradicted
56%fully supported
29said about them ↓ Everything Victor Lazarte said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Lazarte: Only 1% of computer knowledge work will exist in 10 years
“What percentage of knowledge work as we know today will exist in 10 years? Like if you define work, knowledge work as work you do behind a computer, I think it's probably like one percent.”
Lazarte: AI replacing human workers is venture capital's top opportunity
“One thing that I think is super exciting right now is, like, just replacing people. It sounds really bad when you say it this way, but I actually think it's the most exciting opportunity and venture right now, and it's actually gonna be fantastic for humanity.”
Lazarte: Claims that AI only augments workers are "bullshit"
“Big companies still talking about like, oh no, AI, AI is not replacing people. AI is actually augmenting people's abilities. Like this is bullshit. You know, like it's fully replacing people.”
Lazarte: A Trillion-Dollar Company Will Be Founded Within Three Years
“What I'm telling you is in the next three years, I'm sure someone will start a company that's going to be worth a trillion dollars.”
Lazarte: AI will understand most people better than anyone within 5 years
“I have this very strong belief that five years from now, for the majority of people, the person that will understand you the most is going to be an AI.”
Lazarte: Consumers will soon blindly follow instructions given by AI apps
“I think this thing that will happen quite soon is, like, we're gonna have an app, and like, you're gonna wake up, and you're gonna look at your app, and you're gonna read what it says, and you're just gonna do it. Like, the app will tell us, like, go do this. …”
Lazarte: Writing small checks as one of many investors makes zero difference
“But the reality is, like, if you write a small check, and, like, you're one of many, then, like, you don't make any difference. It doesn't matter how smart you are.”
Lazarte: VC fiduciary duty ends at check writing to fully support founders
“And my fiduciary duty comes in at the moment where I write the check. It's like, I'm underwriting that person. It's like, hey, do I think this guy will be a good CEO? And once you're there, it's like, I'm just, I'm here to enable this guy. And like, even when …”
Lazarte: Now is the best time in over a decade to start a startup
“It's quite clear. It's the best time in over a decade to start a company. Because we have this insane phenomenon of adoption, like adoption of LLM inference.”
Lazarte: Character AI is merely the Friendster of AI companions
“In a few years, we're going to look back, and we're going to say that Character AI was Friendster. And what I mean by that is there's going to be a company that is going to be very important, and we'll look back and we'll say Character AI was the precursor of …”
Lazarte: Mercor grew from $1M to $100M revenue in 11 months
“Brex went from like zero to a hundred million dollars in revenue in like in 18 months after launch, and Mercor went from like a million dollars in revenue when I invested to like over a hundred million, like in 11 months.”
Lazarte: Reaching $10M revenue no longer guarantees category victory
“SaaS was a moment in time where, like, rule-based investing worked really well. You know, like, you get to ten million dollars in revenue, like, you're a category winner. I think this is no longer true.”
Lazarte: AI models will surpass humans at job interviewing
“I think models are gonna be better at interviewing than people. And like the recruiting process now is just so inefficient that if you have like a model interviewing, like that's going to make it a lot better.”
Lazarte: U.S. is winning the AI race against China by all measures
“I think by all, like, I think by all measures, like the U.S. Is winning. If you look at, like, all the AI products, like, ChatCPT is the most used, ah, AI assistant in the world, and sure, you can talk about, like, oh, how about DeepSeq and this and that, but …”
Lazarte: Board members should amplify founder ambition, not focus on governance
“It turns out that it's more important to, like, maximize the upside than it is to manage your losses, right? So, and the way this changes the role of a board member is, you're not that concerned, it's like, oh, like, some of your investments, like, are gonna l…”
Lazarte: Benchmark doubles board meetings for struggling startups instead of walking away
“A lot of venture capitalists would say, hey, like, just cut it loose, you know, like, forget about this thing. It's like, we should double the frequency of the board meetings. It's like, oh, okay. And it's because we're here for as long as the founder wants to…”
Lazarte: Benchmark partners can do deals regardless of partnership vote outcome
“Typically, like, you bring the company in, everyone talks to the company, and then people vote, but it doesn't matter what the vote is, if you really want to do it, you can do it.”
Lazarte: Ten trillion-dollar companies will be created in the next decade
“There's going to be 10 trillion dollar companies created in the next decade.”
Lazarte: LLM usage measured in FLOPS grew 100x over two years
“LLM usage has grown a hundred x in the last two years. So if you measure like in the number of flops, it went from like one extra flop to a hundred extra flops now. And like, of course, this data is not very precise, but it's directionally correct.”
Lazarte: Mercor founder Brandon is generating $100M ARR at age 21
“And then in, in the Brandon case, it's like, okay, he's a 21 year old, running a company, doing a hundred million dollars a year. Like, there's very few people that have been in that place, but turns out that Pedro has been in that place, you know, like, early…”
Lazarte: I have done four Benchmark deals, co-founding one of them
“Yeah, so I've done, so I mean, I've done four companies since I started at Benchmark. Three have been this way. And then the fourth one, I actually, I'm a co-founder. So I started the company with someone that, that I knew for a long time.”
Lazarte: US labor market spend is $10T versus $1T software market
“If software spending in the US is like a trillion dollars, but labor spend is like 10 trillion, and now, like, the AI companies are going after the labor spend, and so the outcomes are going to be, like, insanely larger than they were before.”
Lazarte: Benchmark participated in a funding round for Cursor
“So we made, like we participated in one round of cursor.”
The other half of the tape: Victor Lazarte's own voice is left out of every number here. Other people bring the name up 29 times in 9 episodes across the shows. every mention, with the transcript →
Who brings them up most Harry Stebbings 16Brendan Foody 6Adarsh Hiremath 5Tarek Mansour 2
Every mention by year
tap a year for its mentions
20VC 29
2026 2 mentions in 1 episode
2025 26 mentions in 7 episodes 4 per episode
- Why Apple Needs a Management Overhaul & Why Google is Catching Up with Hyperscalers · 20VC with Harry Stebbings
- Mercor CEO & Co-Founder, Brendan Foody: How They Grew from $1M to $500M in 17 Months · 20VC with Harry Stebbings
- Adarsh Hiremath @ Mercor: The Fastest Growing Startup in Silicon Valley | E1261 · 20VC with Harry Stebbings
- a16z's $20BN Fund & Founders Fund's $4.6BN & Why Josh Kushner Has Mastered the Game · 20VC with Harry Stebbings
- Kalshi CEO Tarek Mansour on Raising $1BN, CNN and CNBC Deals & the Polymarket Feud · 20VC with Harry Stebbings
- Figma's 250% Pop - The Greatest IPO Mispricing Ever? Meta & Microsoft Blowout Quarters: Broken Down · 20VC with Harry Stebbings
- 20Product: How Scale AI and Harvey Build Product | Why PMs Are Wrong: They are not the CEOs of the Product | How to do Pre and Post Mortems Effectively and How to Nail PRDs | The Future of Product Management in a World of AI with Aatish Nayak
- every mention in 2025, scene by scene →
One line per show, most statements first. The link opens Victor's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Managing Partner, VL Fund | 1 | 41 | 56% 5/9 | full record on 20VC → |