Erik Torenberg is a General Partner at a16z. He cites tech analyst Benedict Evans' characterization of a16z during an episode on the evolution of media.
Prediction Not checkable as stated
Torenberg: 99% of needed software will be built in next 5 years
“On the investment team, we've said that there's, you know, the world has one percent of the software that it needs and that the rest is going to be built in the next five years.”
Assertion Partly supported
Torenberg: Apple's $55B annual China investment rivals the Marshall Plan
“I believe they said Apple invests fifty-five billion dollars a year in, in China. And I think the author said that's equivalent or maybe even bigger than the entirety of the Marshall Plan is, is just astronomical.”
Insight
Tornberg: Media hostility toward a product indicates a winning proposition
“If the media hates it, you, you've really got something.”
Disclosure
Torenberg: a16z regrets not investing even more aggressively in AI
“Because when we look back at the last few years of our sort of growth investing in this category, we, We've been very aggressive, but we regret not being even more aggressive.”
Assertion Not checkable as stated
Torenberg: Top 50 podcasts capture 90% of listener traffic share
“The top 50 podcasts have something like 90% of the traffic of the share, and that, you know, more and more people are creating podcasts every day, and they're actually creating a show about, you know, what are the gems that are not in the top 50.”
Assertion Not checkable as stated
Tornberg: Twitter ran as well or better after 70% headcount cuts
“Twitter proved it, right? Cutting 70%, and then it's running better or as good as it was before.”