Henry Ellenbogen
person on 5 shows · 9 statements across 2 episodes · said 15 times in 8 episodes since 2014
20VC 9 
the Official SaaStr Podcast 3 
How I Built This 2 
the MAD Podcast 1 
Invest Like the Best
On the record as a speaker too: Henry Ellenbogen across every show, appearances and statements → this page counts the times other people say the name.
Mentions by year, every show
tap a year for its mentions
20VC 9the Official SaaStr Podcast 3How I Built This 2the MAD Podcast 1
2026 1 mention in 1 episode
2023 3 mentions in 2 episodes 2 per episode
2022 1 mention in 1 episode
2021 3 mentions in 1 episode
2019 1 mention in 1 episode
2017 5 mentions in 1 episode
2014 1 mention in 1 episode
every mention on every show, scene by scene, with the transcript →
9 statements about Henry Ellenbogen, every show
Unsold Walmart stake would have exceeded Ellenbogen's entire $8B fund
“And had the stake in Walmart not been sold, the stake in Walmart would have been greater than the sum total of everything that I was managing.”
Durable Capital holds 10% to 15% of its capital in private markets
“So in general at any point in time, we probably have 10, 15% of our capital in the private markets and the rest of the public markets, and then we have to be willing to spend the appropriate time on new ideas, right?”
Durable Capital refuses early-stage investments that require an acquisition exit
“So when we look at an early stage growth company that is not already competitively advantaged, we write the memo that says is Duolingo does what we think it can do over the next three years. Not only do we make a fair return for the risk of the company, but at…”
Elite tech businesses reinvest early cost advantages to build persistent moats
“The very best businesses that leverage technology leverage it in a way where they use it to lower costs and drive revenue that result in them gaining 30% or more incremental market share in their end market, and then they take that unit economic advantage. And…”
Physical-world moats are exceptionally difficult to replicate due to capex and culture
“You can't spin those things up. There, these things that are super messy, right? You got to acquire the land. You got to put it in the right place. You got to build the right network. Then you got to go stand it up with the right capex and the right systems. A…”
Early cable networks compounded at 20% growth with 20% ROEs for decades
“Basically for 20 years, cable networks grew 20% with 20 ROEs, so they were compounders, and that's how you had all these entrepreneurs that had become, you know, billionaires, and that's how you basically had media companies that really fought over a balance o…”
Holding incumbent durable assets is the riskiest strategy during major technological transitions
“The riskiest thing is to own the durable asset. And the safest thing to do is go by the next standard.”
T. Rowe Price and TCV split a Netflix PIPE recapitalization at a $4.5B valuation
“We put, when I was at T. Rowe, in half of it, and I did that, and then TCV, Jay Hogue, you know, did the other half. So this to me is like the classic example of a market-leading company embracing a transition They obviously ended up winning, right? We did tha…”