{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Cap Table","title":"Inside Deep Tech Venture Capital Investing | James Hardiman, DCVC","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/dd617fe3\"></iframe>","width":"100%","height":180,"duration":822,"description":"A physicist-turned-VC on why uranium might be scarcer than Nvidia chips, why quantum computing is \"a religious war,\" and the $5 billion mistake he's watching AI investors make.\nJames Hardiman is a General Partner at DCVC (Data Collective), a deep tech venture capital firm that's backed companies across AI, quantum computing, robotics, and applied science since 2010. A physicist by training with a stint at Blackstone before joining DCVC, James joined Affinity to walk through some of the biggest questions in deep tech investing today.\nInside this conversation:\n\n— James traces his path from engineering physics at Berkeley through Blackstone to General Partner at DCVC, then digs into whether \"atoms\" (hardware, energy, biology) are finally outperforming \"bits\" (software) for venture returns.\n— He makes the case for uranium over Nvidia chips as the scarcer resource for AI by 2030, breaks down DCVC's bet on Quantum Motion and silicon-based qubits, and explains how Noetik's AI is turning biotech into something closer to a predictable licensing business.\n— James also compares the private equity and venture capital mindsets, describes the one reference check he values most when evaluating a founder, and closes with a lightning round covering the Series A crunch, remote work for hardware companies, and the biggest mistake he sees GPs making in AI right now.\nIf you invest in deep tech, or want to see where smart money is placing its bets, this one's worth your time.\nThe Cap Table is a podcast by Affinity.\n🔗 Affinity: https://buff.ly/11jDF7y\n🔗 DCVC: https://www.dcvc.com/\n🔗 Follow DCVC: https://www.linkedin.com/company/data-collective/\n🔗 Connect with James Hardiman: https://www.linkedin.com/in/hardimanjames/\n\nFollow Affinity\nYouTube: @affinity_presents\nYouTube (product): @affinity_co\nInstagram: @affinity.hq\nLinkedIn: https://www.linkedin.com/company/project-affinity/","thumbnail_url":"https://img.transistorcdn.com/ANwXhCelt2iUMbx8tfdVmHZJqNl9isRAslAugBsVdwc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9hZWY0/MDBkMzljZWJmODJh/Y2ViMTA2YzEzZDQ4/MGVlMy5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}