

benahorowitz.eth
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This conversation with @bhorowitz gets into sides of his story you don't often hear. The people who shaped Ben tell you a lot about how he sees the world. His father grew up communist and later emerged on the right after seeing the failures of that system firsthand. He taught Ben that bad government and policy can ruin even the greatest countries, which explains why Ben believes technology is far more effective than policy at changing the world. Andy Grove (former CEO of Intel) taught Ben that when you are the industry leader, expanding the entire market becomes your responsibility. Ben explains how he built @a16z around that idea and why he set out to build the firm at an unusually large and consequential scale. He sees its role as tied to whether America remains the technological, military, and cultural superpower, and is clear about what is at stake if it doesn't. Ben's story also includes his work with the Las Vegas Police Department. He explains why he is personally funding new technology there, and how its deployment has led to crime falling by more than 50% while making policing safer for everyone involved. Ben and I share a deep love of hip hop. We talk about why he thinks Nas is one of the great storytellers of all time and credits him for changing how he sees the world. Enjoy! Timestamps: 0:00 Intro 1:00 The US Tech Advantage 2:49 A Solution for Everything 4:21 The Fragility of Success 7:14 The New Physics of Company Building 10:48 "Alchemistic" Talent 12:57 Inequality and the Kobe Bryant Effect 17:01 Automation History & The Future of Jobs 20:06 American Leadership in the AI Era 22:42 Andy Grove & High Output Management 26:02 The Hardest Part of Being a CEO 29:56 Founding a16z 35:11 Scaling the Firm & Early Mistakes 39:19 Broken Capital Markets 41:23 Why We Don't Do Private Equity 43:29 Culture Is Action, Not Platitudes 49:54 Coding & Art 52:08 Learning from Nas 56:36 Las Vegas: The Future of Tech-Enabled Policing 1:01:03 The Kindest Thing


President Donald J. Trump nominates Kevin Warsh as Chairman of the Board of Governors of the Federal Reserve

hands down, Rihanna had the greatest Super Bowl half time performance and it's not close.

Some news! After 6 incredible years, I’m going to be transitioning out of a16z. I’m starting a fund of my own to do what I love most, which is investing in great founders as early as I can find them, with a broader aperture across the many verticals where great companies are being built today. I learned a huge amount during my time at a16z. @cdixon is widely known as a legendary investor and having the opportunity to work closely with him for the past 6 years has been an honor. I am extremely grateful for his mentorship, the opportunities he gave me here, and for the capital and responsibilities he entrusted me with. His frameworks will shape how I think about investments for the rest of my career. When I joined, the crypto vertical was 7 people (it’s now north of 80), and the firm, while already successful, was nowhere near the scale or scope it has today. At the time I thought the firm’s moves to dominate the industry had mostly unfolded, but I underestimated how much the lead could widen in a few short years. @bhorowitz and @pmarca have built an institution, and I am glad to have had the chance to play a small role on the team. I’m sure I’ll be looking back 6 years from now and see the firm in a position that’s hard to even imagine from today’s vantage point. Most of the best people I’ve worked with in my career to date have been at a16z – there are too many to name. I’m very grateful to have worked with so many incredible folks here, and I know that I am leaving the crypto team and the investing practice in extremely capable hands with @cdixon, @alive_eth, and @guywuolletjr. I’m also really going to miss working with @jasonrothenal and @eddylazzarin every day in Menlo Park — I’ve learned so much from both of them. I’m very proud of the work I did here, and most importantly, of the founders I had the privilege of working with. They are the reason why I love being an investor. Sometimes it takes dozens of meetings, but every time you find a star, it makes you fall in love with the job all over again. a16z’s passion for and commitment to founders and their companies is what made me love this job in particular. I’m excited to keep doing that in my next chapter — and if you’re building, I’d love to meet!



Thank you @business for this great profile on the team. 8 years in, it still feels like day 1 walking into the office. Working with Martin, Raghu, and this team is humbling. We are forever optimistic about what’s ahead. Every shift starts from infrastructure. Every startup battle is thrilling. That's why we are here.





In Packy McCormick's recent deep dive on a16z, he writes, “What a16z aims to do is provide legitimacy and power [for startups]”. a16z cofounders Marc Andreessen and Ben Horowitz have been building the venture firm to provide entrepreneurs with legitimacy and power for almost two decades. In this conversation, they join Packy and a16z GP Erik Torenberg to cover how they did it and the worldview behind a16z, including: - How a16z compounds reputation - How the media ecosystem has changed since a16z began & how a16z has adapted - How a16z is structured to put entrepreneurs first and enable them to win - a16z's culture document and how written culture shapes people's actions - How to size markets that will grow exponentially because of technology - Why there are so many great Zoomer founders and much more. 0:00 Introduction 00:46 How the media ecosystem is changing 4:20 Substack 6:28 Supply-driven markets and new content creation 10:09 Databricks 13:58 Demand for great content 18:49 Market sizing 22:37 Turning inventors into confident CEOs 27:29 Building dreams 30:46 Compounding reputation 40:39 a16z team structure 46:01 Why intangibles matter more than ever 48:17 Original thinkers with charisma 50:06 Zoomers @pmarca @bhorowitz @packyM @eriktorenberg Not an offer or solicitation. None of the information herein should be taken as investment advice; Some of the companies mentioned are portfolio companies of a16z. Please see a16z.com/disclosures/ for more information. A list of investments made by a16z is available at a16z.com/portfolio.
