Andreessen Horowitz

“We've since, about a year and a half ago, kind of crossed over to doing also direct investment in coins and tokens”

“More than half Of those companies in that fund involved sort of deep learning in some way.”

“In a category creation environment, even a really, really, really good salesperson maybe can do six deals. Normally it's about three deals.”

“So right now, actually, net dollar retention to investors is probably more important than how much you can get on the first, you know, dollars.”

“If we go through our portfolio, if we go through the data that we have, we look at the companies that actually hit the most revenue, and in almost every case, they overlaid sales on top of the organic growth.”

“We're absolutely concerned with the second derivative. It has to be positive, right? Linear growth, by the way, doesn't seem to work.”

“So, you know, I was determined, ok, how do we set the culture so that doesn't happen, and so the, you know, one of the first rules I put in place is, if you're late to meeting with an entrepreneur, 10 dollars a minute fine.”

“One of the things I tell everybody at New Employee Orientation is if you get on Twitter, like some VCs, and start shitting all over somebody's company, you know, saying, oh, they'll never make any money, that's a dumb idea, I can't believe they called it bodeg…”

“One of the reasons we started the Cultural Leadership Fund is we wanted a partnership with people who knew how to move culture in the general sense. And if you look at the LPs in that fund, Quincy Jones P Diddy Kevin Durant, so forth, they're all people who ha…”

“We measure, we do a customer satisfaction survey of entrepreneurs we rejected to measure whether we treated them with, because that's kind of, to me, the litmus test of, are you treating people with respect?”

“We're a 180 people, we're 52% women we're, And we have like seven women general partners, something like that”

“But we don't have a head of diversity. We don't have program. We just have, like, criteria that's wide, where we can see talent that we ourselves might not have.”

“80% of companies building with open models are using Quinn, which is like 16 to 24% of his portfolio, which is still a lot.”