The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 16 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Ali: Bill Gurley yelled at founder over lost Andreessen Horowitz deal
“Friend of mine was raising money and got a term sheet from Andreessen Horowitz and Bill Gurley at Benchmark and went with the Andreessen Horowitz term sheet. And Bill Gurley was so mad that he called the founder up and like yelled at them for two hours. And se…”
Horowitz: a16z Employees Who Criticize Founders on X Are Fired
“If you if you talk smack about an entrepreneur on X, you're fired. It doesn't matter if they're in the portfolio or not. You're just, that's it.”
Ali: TinyCo's a16z Series A was almost torpedoed by an ex-cofounder
“I started that company, then I started TinyCo and we were raising our series A from Andreessen Horowitz and he found out and He sent them an email saying, you shouldn't let this guy you shouldn't invest in this guy call me. And so they called him and, you know…”
Puri: Uniswap reached Coinbase-level scale on only $11M in funding
“So I think they've only raised eleven million dollars to date, and they've reached basically the same scale as Coinbase on eleven million dollars.”
Horowitz: a16z Fines Investors $10 Per Minute for Meeting Tardiness
“If you're late for that meeting, it's 10 dollars a minute.”
Clubhouse will fail to reach Twitter or Facebook scale
“Andreessen put in a four billion dollar price tag on it, basically betting that it's gonna become like a Twitter, it's gonna become a Facebook or a Snap, and it's not happening. That has, that hasn't happened.”
Parr: a16z told Butterfield to pivot instead of returning his capital
“And for those who don't know, it was a video game company for one or two or three years and it sucked. And he was gonna give his money back to Andreessen Horowitz and they're like, dude, I don't care about this money, figure it out, just do something.”
Ali: Passed on $25K Coinbase Series A worth $200M at IPO
“Biggest miss was Coinbase. My at TinyCo, we had this guy who worked for me named Adam Merber. He was roommates with Fred, the Coinbase co-founder. And so Brian Armstrong and Fred were fundraising for their Series A. They got a term sheet from Andreessen Horowi…”
$170 million deposited into BitClout, mostly from Andreessen Horowitz and Sequoia
“About a hundred seventy million dollars has been deposited onto this. Most of that is from their institutional backers like Andreessen Horowitz and Sequoia and those other guys.”
Horowitz: Nothing at a16z Compares to the Trauma of Running Loudcloud
“The first company I founded, Lovecloud, which then became Opsware, was so difficult that I never, I like in life since then, like we like we've had difficulties building the firm, whatever, but like they never got like a rise out of me that could compare to, y…”
Horowitz: a16z Hosted CEO Barbecues With Zuckerberg, Larry Page, and Kanye
“I used to have this event, which I should probably bring back, but I ran out of room in my backyard called the CEO barbecue, where we would bring all the CEOs for the portfolio. And then we would just like put like very famous people around them. So we had lik…”
Smith: a16z invested in emergency 911 response drone startups
“Yeah, we, at A-X-Z, invested in a few of these companies”
Parr: Eric Ries raised $100M, backed by a16z, for LTSE
“And he actually raised something like a hundred million dollars to start this. I think Andreessen Horowitz funded it, and a bunch of other-”
Puri: A16z Invested $100M in Clubhouse at a $4B Peak Valuation
“I think Andreessen invested like a hundred million dollars, I think Andreessen invested a hundred million dollars at a four billion dollar valuation for Clubhouse at its peak, and like since then the chart just shows it going down, down, down”
Steph Smith joins Andreessen Horowitz as the new a16z podcast host
“I'm at a, I'm their new podcast host. So they've had a podcast for like seven or eight years and then it went on hiatus. They looked for a new host and that's me. We haven't gone live yet, but we will be soon.”
Sam Parr admits feeling insecure around Stanford graduates and a16z partners
“I'm insecure. That I like I didn't go to Stanford or like a fancy school. And when I meet people in the in crowd, like when we meet guys like Andrew Chen, who works in Andreessen Horowitz, I'm like, dude, like, I kind of want to be in the in crowd, but like, I…”