Dan Gellert 🇺🇸
3.3K posts
Dan Gellert 🇺🇸
@dangellert
COO. ex-VP TripAdvisor. GateGuru Co-Founder. Dad to awesome kids. #FlyEaglesFly
Summit, NJ Katılım Nisan 2007
782 Takip Edilen886 Takipçiler
Grateful to keep doing this work with the best partners and founders.
I love this firm, my partners, and the culture we live by. We do only first class business and only in a first class way. We take the long view of relationships. We believe in the future and bet the firm that way. We play to win. We do it for the team. I wear the @a16z jersey with pride.
I wake up fired up to partner with the brightest and the boldest entrepreneurs and help them build generational companies. I’m really excited for that future our founders are creating. All vehicles should be autonomous (@Waymo). All criminals should be caught (@Flock_Safety). All things money should be done in a few taps (@Revolut). Every question should be an investable asset (@Kalshi). All financial diligence should be automated (@hebbia). There should be no waiting for a response from your property manager or doctor’s office (@elise_ai). Our warfighters should be equipped with cutting-edge defense technology (@anduriltech). Content should be accessible in any language, in any voice (@elevenlabs). And yes, most of the world’s GDP should be on the internet (@stripe).
It’s been nearly seven years since we started the Growth fund, and it’s a privilege to work with and learn from @DavidGeorge83, @sarahdingwang, @pmarca and the rest of this team. I’m extraordinarily proud of our continuity - every investment hire since our founding is still here (with one exception who became a portfolio founder, so basically still around). And our no-so-secret weapons are our early stage and operating teams - the best in the business - who make the firm stronger and founders more successful.
As DG says, we are the Yankees - we have a killer lineup, high performance expectations, and a scoreboard - so we better produce. Let’s go!
David George@DavidGeorge83
Alex Immerman @aleximm Since we launched our first @a16z Growth fund seven years ago, we’ve backed companies that are just at the point of finding product-market fit all the way through to investing at IPO, and we recently announced our latest $6.75B Growth fund to continue to do so. We now manage over over $22B across five Growth funds and believe the opportunity to partner with growth-stage companies has never been greater. Through it all, Alex Immerman has been instrumental in what we’ve built, which is why I’m thrilled to announce that Alex is being promoted to General Partner on our Growth investing team at a16z. Alex has been an incredible force since joining the team seven years ago, partnering with founders across consumer internet, enterprise, fintech, crypto, and AI-powered software companies — supporting them from early traction through breakout scale. In the last six months alone, Alex led our new investments in Kalshi, EliseAI, and Revolut, and has partnered with many founders in his time here, including those from Waymo, Stripe, ElevenLabs, Hebbia, Roblox, Anduril, Flock Safety, and many more. I’ve had the pleasure of working with Alex for over a decade, dating back to our time at General Atlantic. Those who know Alex know he’s a hustler, in the best way, with great instincts. He has an endless motor, isn’t afraid to speak his mind, and is always willing to help. I’ve also enjoyed seeing Alex become a culture carrier on the Growth team and across the firm. In his work, Alex has brought deep strategic insight and rigor to every part of the investment process. He’s built strong founder relationships grounded in trust and long-term support, and helped shape our thinking about how great companies win — whether that’s moving beyond surface metrics to durable moats or evaluating what truly drives retention in new software paradigms. As a General Partner on Growth, Alex will continue leading investments and working closely with founders tackling some of the biggest opportunities in tech today, with an emphasis on category-defining companies at the intersection of AI, consumer, B2B, crypto, and the physical world. Please join me in congratulating “AI.” I’m proud to call him a partner and am excited for what’s ahead.
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@treiner5 Would you be willing to share the full report? Looks super interesting
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Bernstein out this AM with a great deep dive on this, the crux of which is not a rosy outlook on the OTA side
Thomas Reiner@treiner5
It appears the first run at AI travel distribution will be the app store model I previewed previously. $EXPE and $BKNG are enabled apps & connectors now that are MCP style API plugins that you can query natively within ChatGPT: I'm sure some kinks will be worked out but the biggest challenges are: 1) It's super slow, Expedia took ~2 minutes to ask -> think -> connect -> show results which is unacceptable from a conversion perspective. 2) It's not end to end. As a user you still need to click "Book on Expedia" which will inevitably have a ton of fall off. It's a good first run at it but it feels clunky and not naturally in the flow so this feels like an iteration of Custom GPTs as opposed to the right answer. I don't want a referral link like $GOOGL, as a consumer I want end-to-end discovery -> selection -> booking inclusive of payments and customer service.
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@JWurzak That’s awesome - congrats. My parents are actually there next month! I’ve had it on my list of hotels to get to but haven’t made it there yet.
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Yesterday, we acquired the iconic White Barn Inn in Kennebunkport, Maine—a coastal legend that’s pure magic.
At 39, I led my firm to land this dream deal with a group of investors as excited as I am.
Here’s the story of how it happened and why it’s so special (a thread): 🧵
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Meta’s AI Manifesto Brief is…. surprisingly excellent! Strategically strong, aligned with their cultural beliefs and differentiated. Excited to see.
Alexandr Wang@alexandr_wang
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@FDavidsonT Incredible what you brought to life. Congrats on an incredible idea that you willed into reality used by millions
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Solopreneurs live in two modes:
“I’m unstoppable.”
“This was a terrible idea.”
And sometimes both… before lunch.
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Dan Gellert 🇺🇸 retweetledi
FlyFlat — new favorite product for premium flights
Text them your travel plans & they'll book end-to-end for ~50% less than online prices
$17M ARR, 4x YoY, profitable, raising seed
Save time & money, no brainer
Zach Resnick | Save Time + $ on Premium Travel@trumpetisawesom
Loved hearing from @jeffreyw5000 about how FlyFlat saved him money on premium travel! Delivering exceptional value & service is our top priority. Thanks for being a FlyFlat advocate!
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It's exciting to lift the lid on a new company I’ve been helping build over the past year - @standinsurance. If you own a $2-10M California home and need insurance (or want better insurance), we’d love to hear from you!
standinsurance.com/property-owners
Dan Preston@danpres
Today, we're announcing Stand: property insurance for those impacted by climate-driven disasters. The growing impacts of wind, wildfire, and flood are pushing insurers out of markets, when that safety net is needed most. This can't be solved with insurers' typical tools. 🧵
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@patrick_oshag @RicElias This was one of my favorite episodes. Thanks guys
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Ric Elias was in the front row of the plane that Sully landed in the Hudson; he was sure he was going to die for 90 seconds
Prior to that he’d built an incredible business at Red Ventures. After the plane, the business has 🚀
This conversation is amazing. Ric is singular.
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@bchesky What are the top things you are working through figuring out currently?
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I love this thread because the advice and lessons are just so dang straightforward. But the reality is that the successful execution of even straightforward ideas is grueling and hard to do. Well done @arjunb023 and team
Arjun Bhargava@arjunb023
In 2017, I joined Reddit when there were <140 employees. Last month, Reddit IPOed for $6.5B with over 2000 employees. My top 3 lessons from leading growth at Reddit:
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@ankurnagpal got it - thx for clarification. was googling feverishly but was coming up empty
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@dangellert yea sorry, my wording was bad!
if you have no other income, your first ~$90K of long term cap gains are tax free
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Employees with high salaries pay the highest tax rate of anyone in America
But, there's still a lot you can do to lower your tax rate!
Here are 10 strategies for W-2 workers to pay less in taxes:
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@ankurnagpal Is this accurate that married couples don't pay taxes on the first $90k of LTCG?
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1 - Long-term capital gains
When you sell an investment, try & hold on to it for at least 1+ year - you pay a much lower tax-rate
Married couples actually pay 0 taxes on the first ~$90K+ of long term capital gains every single year
Worth trying to hit this every single year
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Was able to pull out my absolute favorite PE/VC/Corp Dev quote this week…
“Your valuation, my structure”
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Here it is! The travel biz was valued 14x sales or $5.7B. "Other Revenue" was valued at $15.7B using a conservative 89x sales, inline with EBAY.
Other Revenue is from Future Opportunities in "a wide variety of industries".
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Morgan Stanley "only" values Tesla's auto business at $230B. It values Tesla's robotaxi not actually a business at more than the auto business and around 2x Uber. Something called 3rd party EV powertrain is worth $120B. This is the wildest SOTP I think I've ever seen.
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I am actually incredibly impressed with how the LinkedIn team completely reinvented their product for the better over the past year plus. I can't think of many products of scale that have improved to such a significant degree.
Dan Gellert 🇺🇸@dangellert
Pretty sure @linkedin is run by a consortium of recruiters who are trying to make it so bad that it just goes away.
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@AmandaMGoetz Happy Money is a great book specifically about this.
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Yesterday in our monthly Office Hours live we touched on how our upbringing and relationship with money can greatly affect your ability to succeed.
I’ve done a lot of 1:1 work with a coach on this as growing up without a lot of resources gave me two limiting beliefs:
1) fear I won’t break the cycle
2) guilt if I do
What resources are good for learning more about fear or abundance mindset with money? Want to aggregate them for my members.
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What do people use for creating video montages (with music in the background) nowadays? Still such a time consuming, painful process. So many broader solutions (canva, google photos) do this but in a really clunky bad way.
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Starbucks does a year in review now. We’ve lost our damn minds
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