Albert Wenger
9 statements across 1 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Jun 17, 2020 by Albert Wenger · across every show →
On the record as a speaker too: Albert Wenger's record, appearances and statements → this page counts the times other people say the name.
Everything said about Albert Wenger, oldest first
Jun 17, 2020
Venture partners get deal-specific carry while GPs share the entire fund
“But as a first approximation, if you're a venture partner in a firm, you tend to tend to have economics primarily in the deals that, or exclusively in the deals that you lead. Whereas when you're a general partner, you have economics in the entire portfolio. I…”
Jun 17, 2020 negative
Tech giants will never voluntarily open APIs without government regulation
“This will shift the power balance substantially. But it has to be a regulatory act because as you rightly point out that act is going to potentially destroy some of the market value of these companies. And so the companies aren't going to do this by themselves…”
Jun 17, 2020 positive
Prizes and reputation can replace patent incentives to drive technological innovation
“That combination of those three factors, intrinsic motivation plus reputation plus price, is a improvement extraordinarily powerful, and the amount of progress that's been made in math is mind-blowing. And I think we can use that same system in many other area…”
Jun 17, 2020 positive
Wenger advocates taxing all income and capital gains at a flat rate
“Like you could have a flat tax rate. Every dollar is taxed the same way, by the way, independent where it comes from. I would tax every dollar. You get a dollar, whether it's from interest rate, capital gains, work, whatever, just you get a dollar, you pay tax…”
Jun 17, 2020 neutral
Albert Wenger and Brad Burnham failed to raise a fund before USV
“Brad and I tried to raise a fund together after the .com bubble burst and we couldn't get it done. And so he had to bide his time a little bit. I had to bide my time. And then he teamed up with Fred to in 2003 to raise USV, the first fund, which got going in 2…”
Jun 17, 2020 negative
GDP is completely outdated because it misses free digital consumer surplus
“I very much think that we need to move away from sort of praying at the altar of GDP. It's just become a kind of a measure that is, is completely outdated now that so much of what we can do with digital technology is explicitly about making things either free …”
Jun 17, 2020 positive
Basic income trials show recipients invest in education and family care
“And there is literally no evidence to support that. All the evidence from all the basic income trials that have ever been run are that people like, wow, I can take better care of myself. I can invest in education. I can take better care of my family. Of my fri…”
Jun 17, 2020 bullish
Token-funded protocols and hybrid venture models will remain permanent fixtures
“The idea that in principle, you could fund a, the development of a protocol through selling some of its currency that is, Then integral to the running, to the integral to the operation of the protocol I think is a really fascinating idea. And I think it will b…”
Jun 17, 2020 neutral
Major platforms should allow programmatic API access to all app features
“Anything you can do in an app, you need to be able to do programmatically. Anything I can do in the Twitter app, I need to be able to do through a program. Anything I can do in the Facebook app, I need to be able to do through a program.”