Podcast · 29 episodes
Term Sheet
by Fortune Magazine · English
Welcome to the Term Sheet podcast! In this series, Allie Garfinkle adapts her Term Sheet newsletter in audio and video format, diving deeper into the latest news and insights on private equity, venture capital and start-ups. Every week, the show features conversations with industry leaders, insights, and a roundup of the biggest funding news.
Latest episodes
This Billion-Dollar Soda Brand Founder Explains Why Fortune 500s Can’t Win Gen ZAllison Ellsworth, co-founder of Poppy (Mother Beverage), explains how a Gen Z–aligned soda brand outmaneuvered Fortune 500s, survived near bankruptcy, and grew to a billion-dollar exit (sold to…24 Sep 2026 · 44 min
Inside Wonder's Plan to Automate Restaurants: From Robotic Kitchens to Drone Delivery | Term SheetWonder’s plan to automate restaurant production (robotic “bowl machine” making 500+ bowls/hour) and use AI to generate personalized restaurants (“One to Create”), plus drone delivery via Zipline (300…26 Aug 2026 · 37 min
This Mentalist Says He’s Training ChatGPT to Hypnotize People | Term SheetMax Major, a longtime hypnotist/mentalist, argues that humans are highly suggestible and that AI can replicate “hypnosis” by leveraging confidence, rapport, and trust.13 Aug 2026 · 47 min
All episodes
This Billion-Dollar Soda Brand Founder Explains Why Fortune 500s Can’t Win Gen ZAllison Ellsworth, co-founder of Poppy (Mother Beverage), explains how a Gen Z–aligned soda brand outmaneuvered Fortune 500s, survived near bankruptcy, and grew to a billion-dollar exit (sold to…24 Sep 2026 · 44 min · 27 chapters
Inside Wonder's Plan to Automate Restaurants: From Robotic Kitchens to Drone Delivery | Term SheetWonder’s plan to automate restaurant production (robotic “bowl machine” making 500+ bowls/hour) and use AI to generate personalized restaurants (“One to Create”), plus drone delivery via Zipline (300…26 Aug 2026 · 37 min · 16 chapters
This Mentalist Says He’s Training ChatGPT to Hypnotize People | Term SheetMax Major, a longtime hypnotist/mentalist, argues that humans are highly suggestible and that AI can replicate “hypnosis” by leveraging confidence, rapport, and trust.13 Aug 2026 · 47 min · 31 chapters
The $11.5B Startup 100 Investors Turned Down | Term SheetWhatnot’s origin and scaling as a live, niche-to-broad marketplace; reaching 1 billion orders; trust/fraud controls; category trends; AI’s role; fundraising setbacks.29 Jul 2026 · 34 min · 25 chapters
How This Multi-Millionaire Investor Spots Billion-Dollar Ideas | Term SheetJosh Wolfe (Lux Capital) argues venture is bifurcating into “minnows” (sub-$500M funds) and “megas” (80–100B AUM), predicting ~50% (or up to 90% per an LP) extinction of small VC firms.25 Jun 2026 · 34 min · 17 chapters
The Investor Who Bet on SpaceX, OpenAI and Anthropic Before You Could | Term SheetThe rise of venture secondaries (buying private-company shares from existing holders) amid “hot IPO summer,” focusing on pricing risk, SPV opacity, and what happens when lockups end for SpaceX,…11 Jun 2026 · 54 min · 27 chapters
Investment Bankers Built A $2B AI To Replace Themselves | Term SheetGabe Stengel’s Rogo AI automates investment-banking workflows, aiming to replace parts of deal execution and accelerate M&A/capital markets from months to days, while reshaping jobs and business…28 May 2026 · 41 min · 18 chapters
This Creator Investor On The Truth About The AI Gold Rush | Term SheetAI “gold rush” reality check—how AI literacy, education, and venture storytelling should work; plus hardware/data-center implications and what investors should bet on.13 May 2026 · 36 min · 21 chapters
From a Palo Alto Closet to $1 Billion Revenue: How Gusto Cracked Small Business Software | Term SheetTerm Sheet news + interview about Gusto’s growth by simplifying small-business compliance (especially payroll) and why “actions” with liability may be a moat amid AI.7 May 2026 · 38 min · 16 chapters
How to Raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiParenting and leadership framework “TRIC” (trust, respect, independence, collaboration, kindness) plus “move quickly and revise” for raising future CEOs; how to apply the same approach to education…22 Apr 2026 · 34 min · 16 chapters
The Startup Fighting to Save the American Farm with Modern FinanceThe squeeze on American farms’ finances and how Ambrook’s AI-driven financial toolkit helps farmers replace outdated paper/desktop accounting with real-time visibility.8 Apr 2026 · 30 min · 17 chapters
How Winston Weinberg built his $11 billion AI Company | Term SheetCo-founder and CEO of Harvey, a leading legal AI platform valued at $11 billion.18 Mar 2026 · 53 min · 25 chapters
Why revenue is an outdated metric | Term SheetWhy Revenue is an Outdated Metric18 Feb 2026 · 27 min · 15 chapters
Chemistry cofounder: “more talented founders than ever” are moving into health care | Term Sheet“more talented founders than ever” are moving into health care4 Feb 2026 · 40 min · 24 chapters
Exelon CEO on if our utilities can handle the AI boom | Term SheetExelon CEO on if our utilities can handle the AI boom21 Jan 2026 · 42 min · 18 chapters
OpenAI Researcher turned VC on what we’re missing on the AI bubble | Term SheetAI bubble/valuation, AI safety vs speed, and US-China AI competition; also discusses Fed independence and a Strava IPO outlook.14 Jan 2026 · 38 min · 24 chapters
“Healthcare isn't working for anybody,” says Cityblock Health’s Dr. Toyin Ajayi | Term SheetDr. Toyin Ajayi argues U.S. healthcare is fundamentally broken because market forces fail: there’s little price transparency, weak regulation, and misaligned incentives that reward reactive,…5 Nov 2025 · 35 min · 12 chapters
Vet care for the 21st century with Modern Animal’s Steven EidelmanModern Animal CEO Steven Eidelman discusses why veterinary care is under affordability and labor pressure, how private equity consolidation has worsened consumer backlash, and how AI-enabled clinic…29 Oct 2025 · 34 min · 12 chapters
“Success disasters,” data privacy, and unlocking growth with Oura CEO Tom HaleTermsheet podcast interview with Oura CEO Tom Hale on Oura’s growth, “success disasters” (demand outpacing supply), and how Oura approaches data privacy and future health/AI use cases.22 Oct 2025 · 32 min · 17 chapters
"Bubbles have almost always preceded some important technological shift”: OpenAI's COOOpenAI COO Brad Lightcap discusses OpenAI’s latest Dev Day themes for enterprise AI—agentic apps, coding agents, platform simplification, and infrastructure—plus why “AI bubbles” and high…7 Oct 2025 · 37 min · 19 chapters
The Sociology of Startup Success with VC Powerhouse Hans TungHow startup success is shaped by sociological trends and founder psychology, and how investors use metrics like ARR in AI-era companies (including concerns about “creative accounting” via…1 Oct 2025 · 23 min · 12 chapters
The “Egoless” Company Culture that Powers Supabase with CEO Paul CopplestoneCEO Paul Copplestone explains Supabase’s “egoless” culture and how it scales a Postgres-based open-source database platform amid rapid growth driven by AI “vibe coding.”24 Sep 2025 · 33 min · 22 chapters
Inside Phia's $8 Million Seed RoundTerm Sheet discusses AI’s impact on enterprise work and the TikTok divestiture framework, then focuses on Phia’s $8M seed round and the future of shopping.17 Sep 2025 · 36 min · 22 chapters
Klarna CEO Sebastian Siemiatkowski on the IPO, Loving Walmart, and Embracing AIKlarna’s pre-IPO roadshow and what comes next after Sebastian Siemiatkowski rings the bell on the NYSE; how Klarna is more than buy-now-pay-later, how it competes in retail banking, and how AI will…10 Sep 2025 · 37 min · 19 chapters