E93 [AI-Translated] Physical AI | vVARDIS Unicorn | Seed Shift | Vibe VC | Career | Bubble | Bug Bounty | 9T | Polariton

In this episode of Burn Rate – The VC Insider Podcast, Max Meister and Guy Giuffredi discuss Physical AI, a new Swiss unicorn and the question of how to become a great VC. In the news segment, they cover the Sifted ranking of Europe's top Physical AI hubs – with Zurich ranking #2 by deal count – the unicorn status of vVARDIS following a strategic investment from Apollo, and the structural shift in the US seed market toward larger rounds and growing bifurcation. In the main topic, Oliver Flückiger from Vibe VC joins the show. Together they discuss how early-stage investing is changing when MVPs can be built in days rather than months. The conversation covers vibe coding, agent-native workflows, new signals beyond classic pitch decks and the question of what makes a startup investable when speed is no longer a differentiator. The listener question explores the path into venture capital: Should you jump in directly or gain operational startup experience first? Topics include fund career architecture, the role of domain expertise and how funds can develop young talent into real investors. Rounded out by four deals of the week: Bubble Robotics (Autonomous ocean robotics, USD 5M pre-seed) 9T Labs / Biwi (Deep-tech asset deal for carbon composite technology) Bug Bounty Switzerland (Cybersecurity, CHF 12M Series A) Polariton Technologies (Photonics exit to Marvell Technology) An episode about Physical AI as a Swiss opportunity, new VC models for the vibe coding era, career paths in venture capital and what happens when deep-tech IP doesn't disappear but lives on industrially.