Martin Casado

19 statements across 2 episodes · 3 bullish · 3 bearish · 2 people on the record · first statement Mar 19, 2019 by Martin Casado · said 6 times in 3 episodes since 2019 · across every show →

On the record as a speaker too: Martin Casado's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Matt Turck (4), Aaron Katz (2)

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Everything said about Martin Casado, oldest first

Mar 19, 2019 neutral
Opinion
Worrying over $10M versus $20M early-stage startup valuations is myopic
“For me to worry about the difference between 10,000,020 million valuations seems like such a myopic view of the fact that technology is working, and it's disruptive, and the market is like basically the globe.”
Martin Casado Mar 19, 2019 ▶ 27:48 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 positive
Insight
Cloud incumbents struggle against open-source startups under $100M revenue
“Listen, if you're in the first hundred million dollars Because of revenue, and you're the innovator, and you own the code, I think it's incredibly difficult for these larger incumbents, you know, Google, Amazon, and Microsoft to compete against with you. They …”
Martin Casado Mar 19, 2019 ▶ 22:21 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 neutral
Insight
Sales reps in category creation environments average just three deals annually
“In a category creation environment, even a really, really, really good salesperson maybe can do six deals. Normally it's about three deals.”
Martin Casado Mar 19, 2019 ▶ 29:14 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 neutral
Insight
Startups need around $30M ARR before partners handle professional services
“In my experience, when you hit about 30 million-ish dollars a year, you actually have enough of a market to actually incent the partners.”
Martin Casado Mar 19, 2019 ▶ 12:24 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Insight
Structure software services so they can eventually be offloaded to partners
“And I think number two kind of gets mostly to your question, which is, you want the services contracts and services business to follow the model of the traditional services model because at some point in time, You do want to offload it. Now, I mean, I think in…”
Martin Casado Mar 19, 2019 ▶ 31:29 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 positive
Insight
Pricing is the single most important decision for enterprise startups
“Especially in enterprise, there is no single decision that you make that's more important or directly tied to your value than pricing.”
Martin Casado Mar 19, 2019 ▶ 7:01 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 negative
Opinion
Open-source software distribution is being superseded by SaaS models
“I almost feel like open source is just being superseded by any software as a service, and what I mean by that is the following. It's like, as soon as you host something as a service, people don't seem to ask so much about open source, right?”
Martin Casado Mar 19, 2019 ▶ 20:00 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Disclosure
Casado tried and failed to give away tech for free at both startups
“Both of them were successful exits, and in both cases, I tried to give away the technology, and nobody would take it.”
Martin Casado Mar 19, 2019 ▶ 3:55 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Assertion Contradicted
IT services growth outpaces product growth because enterprise products suck
“There's a reason why that, like, the growth in services is going higher than the growth in, in vendor products, man, because, like, products suck, and they're hard to use, and they change all the time, and like, have somebody else, you know, arbitrate that for…”
Martin Casado Mar 19, 2019 ▶ 33:53 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 bearish
Prediction Not checkable as stated
The traditional 80% margin enterprise sales model is going away
“I think that model is basically going away. It's being eaten on the bottom by bottom up, which we can talk about later, and I believe on the top it's been eaten by services.”
Martin Casado Mar 19, 2019 ▶ 9:21 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 neutral
Insight
Net dollar retention matters more to software investors than initial deal size
“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.”
Martin Casado Mar 19, 2019 ▶ 28:43 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 neutral
Assertion Not checkable as stated
Enterprise customers spend $2-$3 on services for every software dollar
“The reality is for every dollar that most customers spend on a vendor product, they're spending two or three dollars on services.”
Martin Casado Mar 19, 2019 ▶ 9:43 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Insight
Category creation historically required direct sales led by technical founders
“And as a result, most category creating technologies went to market through a direct sales force, where you actually had somebody representing the product normally, by the way, the technical founder to begin with, to describe what it is.”
Martin Casado Mar 19, 2019 ▶ 6:15 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Insight
Scaling enterprise startups evolve through product, sales, and operations phases
“I do believe that companies now go through these stages. The first stage is a product stage. Alright, and like, you don't get out of the product stage until you effectively have an organic motion, or some bottoms up motion, or some brand recognition, and you'l…”
Martin Casado Mar 19, 2019 ▶ 36:34 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 positive
Assertion Supported
VMware's Nicira business grew from $20M to $600M ARR during Casado's tenure
“So when I, so when we joined, the revenues were under twenty million. When I left, it was six hundred million annual run rate. And I think last year it's public now that it clocked in 1.3 billion. So that was the, like the total bookings of last year was 1.3 b…”
Martin Casado Mar 19, 2019 ▶ 2:11 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Insight
Technical founders' biggest mistake is assuming products have intrinsic value
“I think this is probably the number one error technical founders make, and it's the following, right? So, alright, so I'm in my lab, and I make my cool thing, my cool widget, whatever it is, and then the big logical fallacy we all make is that whatever, that w…”
Martin Casado Mar 19, 2019 ▶ 3:05 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019
Insight
Enterprise software startups must avoid becoming addicted to services revenue
“So here's my view. The most important thing is to have two, two sets of discipline. Discipline number one is you will not be addicted to the drug of services revenue no matter what.”
Martin Casado Mar 19, 2019 ▶ 31:12 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Mar 19, 2019 negative
Insight
Many enterprise startups become insolvent by setting prices too low
“I know a lot of companies that don't think about top-down, they set their pricing toe-low, and they end up with either a low margin or just simply a non-solvent business as a result.”
Martin Casado Mar 19, 2019 ▶ 8:19 Fireside Chat: Martin Casado, General Partner at Andreessen Horowitz (FirstMark's Data Driven NYC)
Nov 20, 2025 neutral
Assertion Partly supported
Lambert: 80% of a16z's open-model portfolio startups use Alibaba's Qwen
“80% of companies building with open models are using Quinn, which is like 16 to 24% of his portfolio, which is still a lot.”
Nathan Lambert Nov 20, 2025 ▶ 17:01 Open Source AI Strikes Back — Inside Ai2’s OLMo 3 ‘Thinking"
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