a16z will invest in moatless products if consumer momentum is high
“I think that we would happily take a bet on a product that doesn't have a quote unquote moat or durability story. If it has, you know, a lot of momentum, a lot of craft, a lot of, you know, sort of growing engagement.”
Kant: Poolside will not touch audio modality for a very long time
“We're, I don't think we'll touch audio for a very long time.”
Siddharth: Turing is likely the largest coding data provider to AI labs
“We are probably the largest provider of coding data to all the labs.”
The Fourth Law is developing AI-guided anti-FPV interceptor drones
“Those are the things that are being developed, and like we're working on some of these things as well”
Ulevitch: a16z made history's largest bet on US winning next tech century
“We have placed the largest bet in American history on the proposition that this country will win the next century of technology.”
Harrison: In practical terms, the US is not top dog militarily
“In practical terms, we are not the biggest dog at the party, and so we have to acknowledge that there's some strategic changes we have to make to stay relevant.”
Deeter: Bessemer shares all diligence concerns and red flags with founders post-investment
“We are Totally transparent with our diligence issues and concerns, and we don't dance, like, we'll literally share it after the investment, like, here's the readout, here's what we heard, here's, you know, here are the really red flags.”
Janis says Grüns had only six employees when he graduated Stanford
“We had probably like six people working on it at the time.”
Fry: Acquired Painting Business Used Claude AI to Automate Outbound Sales
“We've been able to essentially reconfigure Claude Cowork to do an outbound sales motion to property managers in the area, increase the number of bids out on a weekly basis and win rate.”
Horowitz: a16z is abandoning traditional PR for direct media distribution
“You have to kind of commit to, we're gonna really care about what goes down through the old channels, or we're not gonna give them both. Sorry to use language. And we're just gonna, you know, say interesting things and flood the zone. And we're doing the latte…”
Andreessen: a16z has always considered launching an in-house bank
“One of the things we've never done, but has always been on the idealist is to actually just have an in-house bank.”
Mitchell Green: Lead Edge Capital rejects companies with under 90% retention
“18 is good. Like, you want like 90%. Anything less than 18, we won't touch.”
Cannon-Brookes: Atlassian sees internal gains using vibe coding for extensibility
“There is a great gain We are seeing internally in extensibility of software using things like VibeCoding.”
Langley: Flock is deployed in every major US city except Manhattan
“So there's about 17,000 cities in the U.S., and we have all the big ones outside of Manhattan at this point.”
Pankaj Rai: Aditya Birla Group engages startups purely tactically for solutions
“So we use a lot of startup, but again, I would say, We use them in a very tactical way to say, oh, you made a solution, we'll use it.”
a16z underwrote its later OpenAI investments primarily on consumer market potential
“As we under have kind of underwritten future rounds of open AI or later rounds of open AI is very much, you know, with the mind of consumer.”
Dyson spent £500 million on its cancelled electric car project
“Well, we spent about 750,000. A million. I keep working in pounds. Half a million. Half a billion pounds.”
Buttigieg: Dismantled government agencies will not return to their original forms
“You know, if and when we get another chance, a lot of the things that he has burned down just aren't coming back the way they were. Why would we put him back the way they used to be if it was full of problems anyway?”
Yakovenko: The US has the best, most trusted financial system globally
“I think we actually have the best financial system in the world. It's the most trusted, the most robust, the best regulatory environment for what it's worth as well.”
Schmitt: China currently has a larger Navy than the US
“Where China now has a bigger Navy than we have. Not a better Navy, but a bigger Navy.”
Mignot: Index Ventures is actively backing the EU Inc policy initiative
“And obviously, you know, we're very involved with EU Inc., which is this initiative to have one kind of single unified status and a super simple way for companies to expand across Europe. And I think that could be an absolute game changer.”
Prince: Cloudflare processes roughly 15 trillion requests per day
“I mean, we do something like 15 trillion requests every day”
Hebbia currently employs zero artificial intelligence researchers in San Francisco
“And so we currently don't have any AI researchers hired out in San Francisco.”
Horowitz: an idea VCs easily understand is not a true breakthrough
“If you're truly gonna have a breakthrough, you have to, Kind of get to something that the world doesn't understand that, that, that you see. And like, if we can see it, you know, like that, it's not a breakthrough.”
Abuzeid: Incredible Health works with over 1,500 US hospitals, including Ascension.
“We've now grown to over 1500 hospitals. We work with a lot of hospitals in the U S and the largest, you know, we work with the largest health systems, including Ascension and Trinity and HCA.”
Means: US had 16% of COVID deaths with 4% of world population
“COVID was a metabolic health crisis. We were 16% of COVID deaths. And four percent of the world's population”
Calacanis: All-In Podcast tripled its audience after Chamath cancel attempt
“We got three times the audience after they tried to cancel Chamath.”
Lafont: Coatue buys uranium because US cannot catch up without nuclear power
“In fact, we can't, and why we buy uranium.”
Monday.com scaled ARR from $6M to $120M in three years
“We grew from six million of ARR to 18 the year after, and then from 18 to 50, and 50 to 120, you know, in three years.”
Oura targets consumers managing health independently of the traditional clinical infrastructure
“Strategically, we're focused on people who are like going to drive their own health journey, independent, not Without, but independent of the kind of clinical infrastructure”
Garg: India exports roughly $150B to $160B in IT services today
“We export about 150 and sixty billion dollars worth of services IT services today also.”
Lonsdale: Government spends 100 times more for legacy defense results
“We're literally spending 10 to a hundred times more for the same old results, which is, becomes a problem.”
Wang: SCGE holds neither a long nor short position in Google
“We're not either long or short Google”
Vishria: Benchmark is investing at its highest pace since 2011
“There's a lot of uncertainty, but we've been more active than we've been since 2010 and 2011.”
Horowitz: Donald Trump is the right choice for startups and Little Tech
“For a little tech we think Donald Trump is actually the right choice”
Kittl is looking into automating partnership manager negotiations using AI
“Yeah, I mean, we are thinking, we are looking into, like automating partnership manager negotiations, because suddenly you can scale it up to a million partnerships managers.”
Trump: Without COVID relief spending, the U.S. would face a depression
“We would have ended up, if I didn't do that, we would have ended up in a depression.”
Horowitz: a16z has funded portable nuclear energy startups
“We've funded, of course, you know, portable nuclear energy.”
Andreessen: a16z is a nonpartisan firm focused strictly on tech policy
“We are a nonpartisan firm. We are 100% focused on tech politics and policy.”
Horowitz: a16z commits significant funding to tech policy for next decade
“And then we're deploying a, you know, a really significant amount of money to basically pushing innovation forward, making, you know, getting to the right regulation on tech that preserves America's strength, and we are not only committed to doing that this ye…”
Dixon: Andreessen Horowitz explicitly classifies deals as heat seeking or truffle hunting
“I think we try to do both. And I, that's the way I think about it. And I think about it explicitly, like this is a heat seeking investment. This is a, Truffle hunting investment.”
Greg Isenberg's Team Creates One Experimental Product Per Month
“We're often creating one product per month, just as an experiment.”
Sim: Boldstart funded Snyk three times prior to its Series A
“Guy from sneak we funded him three times before he got his A round done.”
Mensch: Mistral must build frontier models to stay relevant to developers
“Really at the end of the day developers look at performance and latency. And so that's why we think that as a company, we need to be very much on the frontier if we want to be relevant.”
Srinivas: Perplexity rejected CoreWeave due to high pricing
“Yeah, we don't use Corby because we decoded a very high pricing to us and like we decided not to use them.”
Srinivas: Perplexity does not believe in OpenAI's plugin vision
“We don't believe in the OpenAI plugins vision.”
Sudhakar: BigBasket supplies all Taj Hotels within Tata Group
“For instance, we sell to all the Tada Hotels, right? The Taj Hotels.”
Khan Academy is building employer-recognized competency credentials for job qualifications
“And so we are working and I know others are working to create competency signals, credentials, that if you do it, employers will recognize it.”
Basiri: ApplyBoard Dropped 100% of Student Fees After Charging Universities
“The moment we realized that we can charge universities some marketing fee, we dropped a hundred percent of our cost to our students.”
Khosrowshahi: Uber lost 85% of volume overnight while losing $2B
“You know, we lost 85% of our volume overnight, and the business was already losing two billion dollars.”
Sacks: Closing NATO's door likely could have avoided the Russia-Ukraine war
“Because there's a good chance we could have avoided This disastrous war if we had just been willing to close NATO's door.”
Escobari: General Atlantic will never deploy fund commitments faster than 3 years
“So the two things we said is we're never going to run our commitments faster than three years. And we want to make sure the vast majority of our companies have fully funded plans.”
Söderström: Spotify cannot test features without paying upfront music licensing costs
“And that's actually a problem with being big. We can't really just try things. We have to license them first, which means we take the cost up front.”
Sacks: U.S. completely refused to negotiate on Russia's pre-war security demands
“The fact of the matter is we never were willing to negotiate at all on those two demands at all.”
Sacks predicts a very high probability of US-China war this century
“I think there's a very high probability that we actually end up in a war with China.”
Calacanis: LAUNCH trimmed secondary positions 80% of times offered for winning companies
“We were offered the opportunity to trim our positions in secondary with our winners, ah, from people who wanted to buy secondary shares. I did it probably four out of five times.”
Hariharan: YC Continuity is highly undercapitalized relative to YC's massive success
“And so, I mean, as I said, we are highly undercapitalized for the success of YC companies.”
Wincek: Renegade Partners evaluates its market predictions using Brier scores
“We do a lot of forecasting and calculated Breyer scores around like what are short, medium term endpoints that we can try to forecast and see how good we actually are at reading the market and measuring the market.”
Glyman: Ramp had zero customers in June 2020
“A year ago, we had zero customers”
Pendery: Gray Suit will exceed 1,000 customers in next three months
“Yeah, I think in the next three months we'll be over a thousand.”