If you came expecting a neat keynote, you were in for something else entirely.

What he gave us instead in fourteen minutes was part sermon, part therapy, and part existential gut check for anyone shaping the future.

Here’s what stuck:

“This isn’t a rehearsal.”

Fred opened with vulnerability: standing in front of his peers, in a room that lives and breathes venture, ready to say the uncomfortable things.

He asked us to zoom out—to consider the power we hold as people who don’t just fund companies but shape the narratives that shape the future.

“We sit in the cockpit alongside the founders. That’s where creation happens now. That’s our canvas.”

But with that power comes disorientation. Because the world we’re building into? It’s fragmented. Conflicted. Loaded with moral confusion.

On Truth, Power, and the Collapse of Shared Narratives

Fred pulled no punches.

“Historically, we had shared systems for truth. Religion. Philosophy. Math. But now? Everything’s been deconstructed. Lived experience replaced truth. Everything’s power.”

Welcome to the legacy of critical theory. Foucault, Derrida—ideas that once helped explain systems of oppression have now left us with... nothing to agree on.

“We’re left in a nihilistic landscape. Everything is a power struggle. There’s no shared center.”

And it’s not just academic. It unfolds in cycles of outrage, weaponized identities, and moral ambiguity. Tech doesn’t escape this, it amplifies it.

The Algorithm Doesn’t Care About Truth

“We thought more information meant more truth. It doesn’t.

”Truth, Fred reminded us, is costly. Outrage is cheap. And platforms optimize for what’s fast, not what’s real.

“A four-second tweet can destroy someone’s life. Investigative journalism takes months.

”Now, enter AI. Beautiful, powerful—and deeply destabilizing.

“We’re staring at it like it’s the sun or a cobra. We don’t know what it is yet. But it’s changing the rules faster than we can track.”

The Danger of Playing Games We Don’t Know We’re In

A warning:

You may think you’re being righteous. You may think you’re being helpful.

“But maybe you’re playing a social game. Maybe you’re being used. And maybe you don’t even know it.”

In a world where narratives shift daily, we often end up reinforcing the very dynamics we oppose.

“You want to call out a Nazi salute online? Be careful. You might just normalize the thing you hate.”

So Where Does That Leave Us?

In a word: Stewardship.

Fred closed with a challenge:

“This is the most powerful tool mankind has ever created. What the fuck are we doing with it?”

We’re not just funding innovation. We’re authoring meaning. In an anxious world, that’s a profound responsibility.

One Last Question (That Stuck With Us All)

“What is the quality of the conversation we’re having?”

With ourselves. With each other. With our founders. With the world.

Because if we don’t ask that, the rest doesn’t matter.