Chapter 1 What's The Hard Thing About Hard Things"The Hard Thing About Hard Things" is a 2014 business book written by Ben Horowitz, the co-founder of venture capital firm Andreessen Horowitz and the former CEO of software company Opsware. The book offers practical advice and insights on entrepreneurship, leadership, and building a successful business. It addresses the challenges and difficult decisions that leaders face, providing guidance on managing tough situations and making the right choices to navigate through difficult times. It is considered a valuable resource for aspiring entrepreneurs and business leaders.Chapter 2 Why is The Hard Thing About Hard Things Worth ReadThe Hard Thing About Hard Things by Ben Horowitz is worth reading for several reasons:1. Practical Advice: The book provides practical advice for entrepreneurs and leaders facing difficult challenges. Horowitz draws from his personal experiences as the co-founder of Andreessen Horowitz and as a CEO of several tech companies. He shares valuable insights, tools, and strategies for navigating through tough situations, making difficult decisions, and developing a strong company culture.2. Raw and Honest: Horowitz does not shy away from discussing the brutal realities of running a business. He shares stories of failure, layoffs, and tough conversations, highlighting the emotional and mental toll that being a leader can take. This rawness makes the book relatable and helps readers understand that they are not alone in their struggles.3. Real-World Examples: The book is filled with real-world examples and anecdotes, making it easier for readers to understand and apply the concepts. Horowitz presents a mix of success stories and failures, explaining the lessons learned from each situation and providing actionable takeaways for readers.4. Focus on Leadership and Management: The Hard Thing About Hard Things goes beyond providing generic business advice and delves deep into the challenges faced by leaders and managers. Horowitz discusses topics like hiring and firing, building a strong executive team, handling crises, and managing the emotional aspects of being a leader. These insights are invaluable for anyone in a leadership position or aspiring to be one.5. Inspirational Tone: Despite the book's focus on the "hard things" in business, it maintains an inspirational and motivational tone. Horowitz emphasizes the importance of perseverance, resilience, and continuous learning. He shares stories of successful turnarounds and offers encouragement to those facing their own challenges.Overall, The Hard Thing About Hard Things is a practical, honest, and inspiring book that provides valuable insights for entrepreneurs, leaders, and anyone facing difficult business situations.Chapter 3 The Hard Thing About Hard Things Summary"The Hard Thing About Hard Things" is a book written by Ben Horowitz, co-founder of venture capital firm Andreessen Horowitz and former CEO of software company Opsware. The book serves as a guide for entrepreneurs and executives facing difficult decisions and challenges in their careers.Horowitz shares his personal experiences and lessons learned from leading a company through various crises and difficult times. He acknowledges that running a business is challenging and often requires making tough decisions that can have a significant impact on both the company and its employees.Throughout the book, Horowitz discusses different aspects of leadership, including managing layoffs, hiring and firing executives, and dealing with employee morale. He emphasizes the importance of being transparent and honest with employees during difficult times, while also recognizing the value of...
In episode #2562, we are discussing creator economy 2.0 and the different (theoretical) dynamics at play that make it difficult to build a creator startup in 2023. Tune in to hear a breakdown of the 4 obstacles to building creator startups and even be reminded that there is still always a little bit of hope for creators' success! TIME-STAMPED SHOW NOTES: [00:00] Today's topic: The Creator Economy 2.0. [00:34] Why it is so difficult to build a creator startup and the theories of the dynamics at play. [01:26] Number one: Creator power law. [01:35] Number two: Battle for the bio link. [01:51] Number three: The Graduation problem. [02:11] Number four: Algorithmic feast and famine. [02:27] Breaking down each of these dynamics at play. [05:51] That's it for today! Don't forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Links Mentioned in Today's Episode: Don't forget to help us grow by subscribing and liking on YouTube! Go follow Andrew Chen! Andreessen Horowitz. Substack. Threads. X. Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain
VC investments have long been a key funding resource for fledgling startups – including indie game studios and companies promising innovative solutions for the games industry. How much of an impact has VC funding had on the games industry, though? Are VC investors directing the trajectory of the space with their money – either directly or indirectly? We sit down with a16z Games Partner Josh Lu and Storygrounds Co-Founder and CEO Andrew Green to discuss VC funding's impact on gaming. a16z Games is part of the Andreessen Horowitz venture capital firm – focused specifically on games. Josh, who has been in the games industry for more than a decade at places like Blizzard Entertainment and Zynga, is a program lead for the firm's SPEEDRUN accelerator program. Storygrounds is a platform that lets you build webcomics together. Andrew not only heads up the work at Storygrounds as its Co-Founder and CEO, but is also an angel investor and advisor with a rich history in the games industry. Together, with these two games funding experts, dive into the current state of the industry, developments such as the crypto crash and Apple's VR headset, technological advancements, investor-founder relationships, and the future of the gaming industry as well as how VC funding will impact it.' Learn more and follow our guests online here: https://upptic.com/vc-funding-its-impact-on-gamings-present-future-a16z-games-storygrounds-games-growth-with-upptic/
Bob is the CEO and Co-Founder of Crossbeam, which has raised over $100m and 15k companies use. Backed by Andreessen Horowitz, Bob already built and sold 2 businesses.Today he takes us back to a board meeting in January 2016. The subject of discussion is a company he started with his Co-Founder, Jake, in 2008.The business was a hot startup in the 2011/12 era and raised a lot of VC money. But technology changed. The market moved. And suddenly the forecasts were falling behind what they needed.It left them with 3 options.Do you go and try to raise more money?Do you try and sell the business?Do you trim expenses and turn the business into something more self-sustaining?Bob and his Co-Founder, Jake Stein had to navigate the daunting task of making critical decisions in a capital-constrained scenario. They realised that their early success was fleeting and the market, a moving target, was drifting away from their product.But what Bob and his partner did was turn failure into a lesson, and build a different business.Despite facing a lot of rejection, they resiliently worked toward the future of a product they knew would ultimately be successful.Their experience emphasises the importance of continuous innovation in technology. In this episode we discuss,The importance of continuous innovation in technologyThe crucial role of optionalityThe importance of transparency, honesty, and continuous self-evaluationAs today's episode wraps up, it leaves us with a lesson about the importance of always being able to value your business higher than anyone else. This mindset helped Bob and his partner navigate their challenges and emerge stronger.From fundraising, and pivoting the business, to laying off employees, Bob is sharing the mindset of valuing the business higher than anyone else, a belief that carried them through the most challenging times.Learn from the ups and downs of Bob Moore and Jake Stein's journey and how they applied these lessons to their business.Want to know how Future Fit you are? Take 3 mins to benchmark yourself with our Founder Fitness Test on peer-effect.com. You might discover some surprising gaps! Or just follow James on LinkedIn for more thoughts around coaching and being future fit.
On episode 438 of The Nurse Keith Show nursing and healthcare career podcast, Keith welcomes back Dr. Iman Abuzeid, the CEO and founder of Incredible Health. During this in-depth conversation, Keith and Iman discuss Incredible Health's fourth annual report on the state of the nursing profession. With survey responses and data collected from over 3,000 nurses, the report reveals telling insights about what nurses are thinking and where the profession is heading. Some highlights from the study include: 80% of nurses plan to stay in field until retirement, up from 55% last year. Mental wellness is no longer in decline, with nurses reporting a one-point increase from 25% in 2021 to 26% in 2023 of good mental health, following years of pervasive burnout and stress due to the pandemic. 84% do not think the nursing industry is improving fast enough when it comes to addressing understaffing, burnout, and pay. 54% of those surveyed would continue to recommend a career in nursing. 48% of offers made on the Incredible Health platform included a sign-on bonus, up 14% over last year, pointing to health systems leveraging bonuses to bridge salary gaps. 60% of nurses believe it is important to use social media as a nurse in today's healthcare industry, with 77% of respondents saying it's a source of community and support. If you want to get a snapshot of the state of nursing in 2023, this conversation will provide much food for thought. Dr. Iman Abuzeid is the Co-founder and CEO of Incredible Health, a career marketplace whose matching technology is the fastest, most effective way for hospitals to hire qualified permanent nurses. With Incredible Health, hospitals can hire nurses in less than 20 days versus a national average of 90 days. Backed by venture capital firm Andreessen Horowitz, Incredible Health is on a mission to help healthcare professionals live better lives, and find and do their best work. Hundreds of leading hospitals across the country trust Incredible Health, including HCA, Cedars-Sinai Medical Center, Stanford Health Care, Baylor Scott & White and many more. Iman is a MD, and holds an MBA from The Wharton School of the University of Pennsylvania. Connect with Dr. Iman Abuzeid and Incredible Health: IncredibleHealth.com Twitter Facebook LinkedIn Instagram ----------- Did you know that you can now earn CEUs from listening to podcasts? That's right — over at RNegade.pro, they're building a library of nursing podcasts offering continuing education credits, including episodes of The Nurse Keith Show! So just head over to RNegade.pro, log into the portal, select Nurse Keith (or any other Content Creator) from the Content Creator dropdown, and get CEs for any content on the platform! Nurse Keith is a holistic career coach for nurses, professional podcaster, published author, award-winning blogger, inspiring keynote speaker, and successful nurse entrepreneur. Connect with Nurse Keith at NurseKeith.com, and on Twitter, Facebook, LinkedIn, and Instagram. Nurse Keith lives in beautiful Santa Fe, New Mexico with his lovely fiancée, Shada McKenzie, a highly gifted traditional astrologer and reader of the tarot. You can find Shada at The Circle and the Dot. The Nurse Keith Show is a proud member of The Health Podcast Network, one of the largest and fastest-growing collections of authoritative, high-quality podcasts taking on the tough topics in health and care with empathy, expertise, and a commitment to excellence. The podcast is adroitly produced by Rob Johnston of 520R Podcasting, and Mark Capispisan is our stalwart social media manager and newsletter wrangler.
Lauren is an executive turned entrepreneur with 19+ years of experience building brands, products, and communities across a diverse set of industries. Lauren is the founder and CEO of Conceive, a digital health platform aiming to change fertility and pregnancy outcomes and experiences. Prior to Conceive, Lauren was VP, Global Head of Strategy and M&A at WeightWatchers, a Senior Partner at Andreessen Horowitz, and Strategic Product Partnerships lead at Google. Lauren is also an active angel investor and advisor. She also serves as a board member for the JCCA, a child welfare agency in NYC.
Amanda is joined by Zoe Edwards, host of Check Your Thread. This is part two of their conversation. Zoe gives us advice on how we can sew more sustainably. And Amanda explains "fast fashion 3.0" and Cider.Get connected with Zoe:Check Your ThreadIntroduction to Garment Fabrics (by Zoe)Zoe's personal sewing blogInstagram: @checkyourthreadAdditional reading:"How Cider became TikTok's go to brand, despite ‘cultural appropriation' and ‘stolen' designs," Lydia Venn, The Tab."Don't Bother Looking for the Next Shein," Avery Booker, Jing Daily."The Search for the Next Shein," Chavie Lieber, Business of Fashion."Knitwear is slow, the knockoffs come fast," Mansee Khurana, The Verge."Gen Zers are in love with Cider, an Andreessen Horowitz-backed competitor to Shein," Lakshmi Varanasi, Insider."a16z-backed Shein challenger Cider is growing rapidly," Rita Liao, Tech Crunch.Special thanks to this episode's sponsors:Soft Work, intuitive garment construction for beginners. Registration open until 9/22!Osei-Duro! Find them on Instagram as @oseiduro.Use promo code CLOTHESHORSE20 to get 20% off your order!Find this episode's transcript (and so much more) at clotheshorsepodcast.comLearn more about this month's audio essay opportunity here.Register for Small Biz Big Pic!Want to support Amanda's work on Clotheshorse? Learn more at patreon.com/clotheshorsepodcastIf you want to share your opinion/additional thoughts on the subjects we cover in each episode, feel free to email, whether it's a typed out message or an audio recording: email@example.comOr call the Clotheshorse hotline: 717.925.7417Clotheshorse is brought to you with support from the following sustainable small businesses:St. Evens is an NYC-based vintage shop that is dedicated to bringing you those special pieces you'll reach for again and again. More than just a store, St. Evens is dedicated to sharing the stories and history behind the garments. 10% of all sales are donated to a different charitable organization each month. New vintage is released every Thursday at wearStEvens.com, with previews of new pieces and more brought to you on Instagram at @wear_st.evens.Deco Denim is a startup based out of San Francisco, selling clothing and accessories that are sustainable, gender fluid, size inclusive and high quality--made to last for years to come. Deco Denim is trying to change the way you think about buying clothes. Founder Sarah Mattes wants to empower people to ask important questions like, “Where was this made? Was this garment made ethically? Is this fabric made of plastic? Can this garment be upcycled and if not, can it be recycled?” Signup at decodenim.com to receive $20 off your first purchase. They promise not to spam you and send out no more than 3 emails a month, with 2 of them surrounding education or a personal note from the Founder. Find them on Instagram as @deco.denim.Gabriela Antonas is a visual artist, an upcycler, and a fashion designer, but Gabriela Antonas is also a feminist micro business with radical ideals. She's the one woman band, trying to help you understand, why slow fashion is what the earth needs. If you find your self in New Orleans, LA, you may buy her ready-to-wear upcycled garments in person at the store “Slow Down” (2855 Magazine St). Slow Down Nola only sells vintage and slow fashion from local designers. Gabriela's garments are guaranteed to be in stock in person, but they also have a website so you may support this women owned and run business from wherever you are! If you are interested in Gabriela making a one of a kind garment for you DM her on Instagram at @slowfashiongabriela to book a consultation.Vagabond Vintage DTLV is a vintage clothing, accessories & decor reselling business based in Downtown Las Vegas. Not only do we sell in Las Vegas, but we are also located throughout resale markets in San Francisco as well as at a curated boutique called Lux and Ivy located in Indianapolis, Indiana. Jessica, the founder & owner of Vagabond Vintage DTLV, recently opened the first IRL location located in the Arts District of Downtown Las Vegas on August 5th. The shop has a strong emphasis on 60s & 70s garments, single stitch tee shirts & dreamy loungewear. Follow them on instagram, @vagabondvintage.dtlv and keep an eye out for their website coming fall of 2022.Country Feedback is a mom & pop record shop in Tarboro, North Carolina. They specialize in used rock, country, and soul and offer affordable vintage clothing and housewares. Do you have used records you want to sell? Country Feedback wants to buy them! Find us on Instagram @countryfeedbackvintageandvinyl or head downeast and visit our brick and mortar. All are welcome at this inclusive and family-friendly record shop in the country!Located in Whistler, Canada, Velvet Underground is a "velvet jungle" full of vintage and second-hand clothes, plants, a vegan cafe and lots of rad products from other small sustainable businesses. Our mission is to create a brand and community dedicated to promoting self-expression, as well as educating and inspiring a more sustainable and conscious lifestyle both for the people and the planet.Find us on Instagram @shop_velvetunderground or online at www.shopvelvetunderground.comSelina Sanders, a social impact brand that specializes in up-cycled clothing, using only reclaimed, vintage or thrifted materials: from tea towels, linens, blankets and quilts. Sustainably crafted in Los Angeles, each piece is designed to last in one's closet for generations to come. Maximum Style; Minimal Carbon Footprint.Salt Hats: purveyors of truly sustainable hats. Hand blocked, sewn and embellished in Detroit, Michigan.Republica Unicornia Yarns: Hand-Dyed Yarn and notions for the color-obsessed. Made with love and some swearing in fabulous Atlanta, Georgia by Head Yarn Wench Kathleen. Get ready for rainbows with a side of Giving A Damn! Republica Unicornia is all about making your own magic using small-batch, responsibly sourced, hand-dyed yarns and thoughtfully made notions. Slow fashion all the way down and discover the joy of creating your very own beautiful hand knit, crocheted, or woven pieces. Find us on Instagram @republica_unicornia_yarns and at www.republicaunicornia.com.Cute Little Ruin is an online shop dedicated to providing quality vintage and secondhand clothing, vinyl, and home items in a wide range of styles and price points. If it's ethical and legal, we try to find a new home for it! Vintage style with progressive values. Find us on Instagram at @CuteLittleRuin.Thumbprint is Detroit's only fair trade marketplace, located in the historic Eastern Market. Our small business specializes in products handmade by empowered women in South Africa making a living wage creating things they love like hand painted candles and ceramics! We also carry a curated assortment of sustainable/natural locally made goods. Thumbprint is a great gift destination for both the special people in your life and for yourself! Browse our online store at thumbprintdetroit.com and find us on instagram @thumbprintdetroit.Picnicwear: a slow fashion brand, ethically made by hand from vintage and deadstock materials - most notably, vintage towels! Founder, Dani, has worked in the industry as a fashion designer for over 10 years, but started Picnicwear in response to her dissatisfaction with the industry's shortcomings. Picnicwear recently moved to rural North Carolina where all their clothing and accessories are now designed and cut, but the majority of their sewing is done by skilled garment workers in NYC. Their customers take comfort in knowing that all their sewists are paid well above NYC minimum wage. Picnicwear offers minimal waste and maximum authenticity: Future Vintage over future garbage.Shift Clothing, out of beautiful Astoria, Oregon, with a focus on natural fibers, simple hardworking designs, and putting fat people first. Discover more at shiftwheeler.comHigh Energy Vintage is a fun and funky vintage shop located in Somerville, MA, just a few minutes away from downtown Boston. They offer a highly curated selection of bright and colorful clothing and accessories from the 1940s-1990s for people of all genders. Husband-and-wife duo Wiley & Jessamy handpick each piece for quality and style, with a focus on pieces that transcend trends and will find a home in your closet for many years to come! In addition to clothing, the shop also features a large selection of vintage vinyl and old school video games. Find them on instagram @ highenergyvintage, online at highenergyvintage.com, and at markets in and around Boston.The Pewter Thimble Is there a little bit of Italy in your soul? Are you an enthusiast of pre-loved decor and accessories? Bring vintage Italian style — and history — into your space with The Pewter Thimble (@thepewterthimble). We source useful and beautiful things, and mend them where needed. We also find gorgeous illustrations, and make them print-worthy. Tarot cards, tea towels and handpicked treasures, available to you from the comfort of your own home. Responsibly sourced from across Rome, lovingly renewed by fairly paid artists and artisans, with something for every budget. Discover more at thepewterthimble.comBlank Cass, or Blanket Coats by Cass, is focused on restoring, renewing, and reviving the history held within vintage and heirloom textiles. By embodying and transferring the love, craft, and energy that is original to each vintage textile into a new garment, I hope we can reteach ourselves to care for and mend what we have and make it last. Blank Cass lives on Instagram @blank_cass and a website will be launched soon at blankcass.com.
In this episode, my guest is Marc Andreessen, the legendary software innovator who co-created the internet browser Mosaic, co-founded Netscape, and is now at Andreessen Horowitz — a venture capital firm that finds and brings to life technologies that transform humanity. We discuss what it takes to be a true innovator, including the personality traits required, the role of environment and the support systems needed to bring revolutionary ideas to fruition. We discuss risk-taking as a necessary but potentially hazardous trait, as well as the role of intrinsic motivation and one's ability to navigate uncertainty. We also discuss artificial intelligence (AI) and Marc's stance that soon everyone will use AI as their personalized coach and guide for making decisions about their health, relationships, finances and more — all of which he believes will greatly enhance our quality of life. We also delve into nuclear power, gene editing, public trust, universities, politics, and AI regulation. This episode is for those interested in the innovative mind, psychology, human behavior, technology, culture and politics. For the full show notes, including articles, books, and other resources, visit hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman LMNT: https://drinklmnt.com/huberman Eight Sleep: https://eightsleep.com/huberman InsideTracker: https://insidetracker.com/huberman Momentous: https://livemomentous.com/huberman Timestamps (00:00:00) Marc Andreessen (00:03:02) Sponsors: LMNT & Eight Sleep (00:06:05) Personality Traits of an Innovator (00:12:49) Disagreeableness, Social Resistance; Loneliness & Group Think (00:18:48) Testing for Innovators, Silicon Valley (00:23:18) Unpredictability, Pre-Planning, Pivot (00:28:53) Intrinsic vs Extrinsic Motivation, Social Comparison (00:32:52) Sponsor: AG1 (00:33:49) Innovators & Personal Relationships (00:39:24) Risk Taking, Innovators, “Martyrs to Civilizational Progress” (00:46:16) Cancel Culture, Public vs. Elite (00:53:08) Elites & Institutions, Trust (00:57:38) Sponsor: InsideTracker (00:58:44) Social Media, Shifts in Public vs. Elite (01:05:45) Reform & Institutions, Universities vs. Business (00:14:14) Traditional Systems, Lysenkoism, Gen X (01:20:56) Alternative University; Great Awakenings; Survivorship Bias (01:27:25) History of Computers, Neural Network, Artificial Intelligence (AI) (01:35:50) Apple vs. Google, Input Data Set, ChatGPT (01:42:08) Deep Fakes, Registries, Public-Key Cryptography; Quantum Internet (01:46:46) AI Positive Benefits, Medicine, Man & Machine Partnership (01:52:18) AI as Best-Self Coach; AI Modalities (01:59:19) Gene Editing, Precautionary Principle, Nuclear Power (02:05:38) Project Independence, Nuclear Power, Environmentalism (02:12:40) Concerns about AI (02:18:00) Future of AI, Government Policy, Europe, US & China (02:23:47) China Businesses, Politics; Gene Editing (02:28:38) Marketing, Moral Panic & New Technology; Politics, Podcasts & AI (02:39:03) Innovator Development, Courage, Support (02:46:36) Small Groups vs. Large Organization, Agility; “Wild Ducks” (02:54:50) Zero-Cost Support, YouTube Feedback, Spotify & Apple Reviews, Sponsors, Momentous, Neural Network Newsletter, Social Media Title Card Photo Credit: Mike Blabac Disclaimer
Paris Marx is joined by Edward Ongweso Jr. to discuss how the venture capital industry works, why the technologies it funds don't deliver on their marketing promises, and how that's once again being shown in the hype around AI. Edward Ongweso Jr. is a freelance journalist, co-host of This Machine Kills, and guest columnist at The Nation. You can follow Ed on Twitter at @bigblackjacobin.Tech Won't Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.The podcast is produced by Eric Wickham and part of the Harbinger Media Network.Also mentioned in this episode:Edward wrote about the problems with venture capital and what the AI hype shows us about the industry for The Nation. Earlier this year, he wrote about the tantrum VCs threw after the Silicon Valley Bank collapse.Paris wrote about where Elon Musk's vision for the X superapp comes from, why his Twitter rebrand isn't going so well, and why ChatGPT isn't a revolution.In 2020, Sam Harnett wrote about the problem with tech media's coverage of the gig economy.Uber used to want to be the “Amazon for transportation” and the “operating system for everyday life.”TIME reported on how OpenAI lobbying watered down EU AI rules.Marc Andreessen wrote his pitch for “Why AI Will Save the World.”Support the show
The visionary story of dbt Labs, formerly known as Fishtown Analytics, is a tale of remarkable innovation, growth, and adaptability. Founded by Drew Banin with a passion for data and a desire to make data teams an essential part of every organization, dbt Labs has been leading the charge in data transformation. The venture hs attracted funding from top-tier investors like Amplify Partners, Sequoia Capital, Coatue, Tiger Global, and Andreessen Horowitz.
Marc Lowell Andreessen is an American entrepreneur, venture capital investor, and software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. In this episode we discuss AI, Accelerationism, Effective Accelerationism (E/Acc), Energy, the future, and more. Andreessen's blog: https://pmarca.substack.com/ Andreessen's Twitter: https://twitter.com/pmarca --- Become part of the Hermitix community: Hermitix Twitter - https://twitter.com/Hermitixpodcast Support Hermitix: Patreon - https://www.patreon.com/hermitix Donations: - https://www.paypal.me/hermitixpod Hermitix Merchandise - http://teespring.com/stores/hermitix-2 Bitcoin Donation Address: 3LAGEKBXEuE2pgc4oubExGTWtrKPuXDDLK Ethereum Donation Address: 0x31e2a4a31B8563B8d238eC086daE9B75a00D9E74
In this healthcare podcast, I am talking with Dan Serrano; and we're talking about payer/provider collaboration—blocking and tackling, I'm gonna say—from primarily a financial and revenue point of view. I'd classify this as, say, a 201-level discussion (ie, not entry level, but it's also not super deep in the weeds). We mainly cover the ins and outs of why a provider organization should probably be looking to get paid to better take care of patients with chronic disease and drive better patient outcomes at lower downstream costs and, to some degree, also why payers should be helping provider organizations in their local communities to do so by providing some help and shelter on the journey from here to a capitated payment. The focus today is really, I'd have to say, on the messy middle, where a provider organization does not have capitated contracts nor access to any premium dollars, which, by all accounts, is the holy grail here. The premium is where it's at, and provider organizations might want to be aiming to get a piece of that action. The why for this “get the premium dollar” prime directive is pretty self-evident when you look at the big bucks rolling around in the coffers of those who are collecting said premium dollars. So, this “get the premium” endgame is, for sure, a big piece of the why—why, if I am a provider organization, I might want to take the time and energy and spend the money to embark on a path that might lead me to be able to get compensated for the stuff that patients really want and need to do better, which includes all of the things that I spoke about with Eric Gallagher in episode 405. Also, Vivek Garg, MD, MBA, in episode 407 and Amy Scanlan, MD, in episode 402. Spoiler alert: It's not easy. Now, I asked Dan Serrano, as aforementioned my guest today, to offer up his advice here in the context of CKD (chronic kidney disease) patients. Why did I ask Dan to use the CKD case study, as a touchstone? Well, first of all, talking about this topic in totally theoretical terms is not ideal. We need an actual example for a lot of this to kind of make sense, combined with the first step for most outcomes improvement programs, which is to study your data and pick a patient population to focus on where the data suggests that you can have a big impact. And speaking of impact, did you know that an underlying reason why heart failure patients get hospitalized and rehospitalized is because of underlying CKD? So, impact in the short term and longer term, which I'll get to in a sec. Another reason is—and I'm quoting John Rodis, MD, MBA, here, who is the independent medical director of QC-Health®—Dr. Rodis said the other day, “I sure as heck hope I don't get CKD, because if I do, chances are I'm not going to be diagnosed. And even if I am diagnosed, I won't be treated properly.” So, there's that. And I can see why he's saying that. Two out of five patients with ESRD (end-stage renal disease) don't even know they have kidney disease at all. And the number of patients with progressing CKD on any kind of evidence-based treatment plan is stunningly low. But also, here's another reason I asked Dan Serrano to talk about CKD patient populations specifically as his example: I and Dr. Rodis and the team at QC-Health are not the only ones who have figured out that CKD patients are notoriously expensive and way underdiagnosed. You know who else has figured this out? Payers. Also, private equity. In fact, I was in a meeting with a payer recently, and they stated they had to get CKD patients into point solutions. This payer—and I've heard of others, too—none of these entities are waiting around. And I guess, fair enough, if you look at some of the population health data, that I'm sure these payers and others are looking at. But if you work for a payer and you're listening right now, what I would say, “Okay, with the point solutions, one that you have carefully vetted, of course, because we have patients suffering right now and dollars being frittered away right now.” But I also would submit that those point solutions will perform a whole lot better if we are all gunning for synergies. PCPs (primary care physicians) and traditional FFS (fee-for-service) models in this country need your help. The payment models and admin burden are decimating. Payers certainly are a group with some culpability here. (Sorry to be saying the quiet part out loud.) Instead of forgoing them, please help PCPs. Am I saying be altruistic? Actually, no. Listen to episode 409 with Larry Bauer or episode 391 with Scott Conard, MD, or an upcoming show with Jodilyn Owen and what you will hear is the amazing ability for clinicians rooted in the community to actually drive change in their local markets. In fact, I'd hypothesize that these community-rooted organizations probably have a better track record for actually moving the needle on patient outcomes than any snazzy tech that I have seen, although I am sure that there are one or two very effective snazzy techs out there—the exception proves the rule and all that. Bottom line: As I do so often, I am advocating for payers and provider organizations within communities to collaborate, regardless of whether there's a third party also in the mix. I am reporting all of this in the spirit of being helpful but also with some degree of urgency for any care delivery organization because, I mean, really, forget about the holy grail of trying to capture a percentage of the premium if the money is already going elsewhere to too many point solutions who are already capturing a portion of the premium. IRL, this is what's already going on out there. But where there's a challenge, there is also opportunity. As I have said pretty repeatedly for the past four minutes, because the bar is so low and because CKD patient outcomes are bad news, in general, from a lot of angles, CKD is actually a great place for providers to work hard to improve care and quality. From a financial standpoint, I think there's also a great business case for payers to help provider organizations do so. Doing better than the local standard of care is not hard, sadly. And what that means is that there's so much money that's possible to save due to the expense of this condition. And if you're a payer, even a payer with a third-party CKD solution, if you can help local PCPs and others level up their care, then either you don't have to pay for the third-party point solution for patients who can be managed successfully locally and/or there's a more frictionless path for those patients to be identified and get into the point solutions that are available to them. Let's all keep in mind that patients at rising risk are falling through a lot of cracks. You can have the best point solution in the world, but if patients aren't making it there, then, yeah, no outcomes will improve. No costs will be reduced. Everything I just went through are also all of the reasons why we picked CKD as our focus for a national Groundswell Movement™ that the benefit corp I am co-president of is kicking off to improve CKD patient outcomes. If you are also thinking about improving CKD patient outcomes, for sure, hit me up. On to a few thank yous. Thank you so much to Carl Hansen, MD, a direct primary care physician, for a really generous tip in our tip jar. Also, thanks so much to Keith Passwater, who is CEO of Havarti Risk Services and Pasco Advisers, for a really nice donation to the cause over here. It was such an honor and a pleasure to moderate a panel at the Society of Actuaries' latest meeting at Keith's invitation also. Additionally, may I extend thanks to Dffdgg, RKC2023, and Healthy economist for super nice iTunes reviews. The shout-outs are amazing, especially when public like this. Also much appreciated how you have shared Relentless Health Value with your colleagues. Back on track, let's hear from Dan Serrano, who is a consultant with COPE Health Solutions, where he works to help clients figure out the best way to make investments that drive better outcomes in a more cost-efficient way. You can learn more at the COPE Health Solutions Web site or by emailing Dan at firstname.lastname@example.org. Dan Serrano joined COPE Health Solutions in September 2022 as principal and senior vice president. He supports Analytics for Risk Contracting (ARC) finance build and cost models in terms of drive and delivery with Great Lakes Integrated Network (GLIN). He is a seasoned healthcare/finance professional with 20+ years' experience and has held a number of roles across the industry and has primarily served as a senior finance leader with proven ability to drive strategy development and execution across multiple business lines for complex organizations in various stages of maturity. Prior to COPE Health Solutions, Dan served as senior vice president of finance at CareAbout, a private equity–backed start-up focused on driving performance for primary care physicians. He also was the vice president of value- and risk-based contracting at Mount Sinai Health System, where he worked to align contracting, operational performance, and network strategy for employed and voluntary physician groups. Prior to his role at Mount Sinai, Dan served as vice president of commercial products at Healthfirst, market chief financial officer at ChenMed, and Mid-Atlantic Region chief financial officer at Aetna, where he focused on driving strategic financial decisions by analyzing the value drivers for each of the stakeholders across the industry. Dan holds a bachelor's degree in finance from the Peter J. Tobin College of Business at St. John's University. 09:08 What is the importance of payer/provider partnerships in reducing costs with chronic condition care? 10:52 Josh Berlin, JD, of rule of three; look out for his episode in a few weeks. 11:19 What's the endgame here with this payer/provider collaboration? 11:43 What advice does Dan have for providers who want to do better by patients with chronic conditions? 15:11 Who's driving costs in the system? 15:50 Why is lowering the average cost of chronic condition care important? 17:03 Why is there a meaningful delta between well-controlled CKD patients and those who aren't well managed or identified? 21:57 What does a realistic time horizon look like for addressing chronic condition care? 22:38 Why is it important to start in a shared savings place? 25:25 William Shrank, MD, of Andreessen Horowitz; look out for his episode in the fall. 26:35 Financially, what is the goal and how are we achieving a sustainable goal? 29:06 What is the balance between progress and risk here? You can learn more at the COPE Health Solutions Web site or by emailing Dan at email@example.com. Dan Serrano of @COPEHS discusses #chronicconditions and #payer #provider #collaboration on our #healthcarepodcast. #healthcare #podcast Recent past interviews: Click a guest's name for their latest RHV episode! Larry Bauer, Dr Vivek Garg (Summer Shorts 3), Dr Scott Conard (Summer Shorts 2), Brennan Bilberry (Summer Shorts 1), Stacey Richter (INBW38), Scott Haas, Chris Deacon, Dr Vivek Garg, Lauren Vela, Dale Folwell (Encore! EP249)
Scott is the Managing Partner at Andreessen Horowitz (a16z) where he is responsible for all operational aspects of running the firm. He also invests in growth-stage companies within the bio and healthcare industries. Scott originally joined Andreessen Horowitz as the first employee, joining Marc & Ben after they founded the firm. He is the author of the bestselling book, Secrets of Sand Hill Road: Venture Capital and How to Get It. Follow Scott on Twitter @skupor. [1:41] - The start of Scott's career, from law school to investment banking [6:00] - The evolution of Scott's relationship with reading [10:29] - Persisting after an initial rejection from Stanford [14:05] - Scott's role in shaping the amazing growth of a16z [17:46] - Transitioning from executing tasks to managing people [22:03] - Scott's learnings from scaling a16z from scratch [27:25] - The development of a16z's organizational design [36:30] - Going from a generalized investment fund to multiple specialized verticals [39:50] - Criteria for selecting new general partners at a16z [47:01] - The value of making media efforts as a VC firm [51:40] - Scott's guiding principles for success in his work For more episodes, go to podofjake.com. Previous guests include Mark Cuban, Vitalik Buterin, Brian Armstrong, Balaji Srinivasan, Keith Rabois, Ali Spagnola, Anthony Pompliano, Raoul Pal, Julia Galef, Jack Butcher, Tim Draper, and over 100 others alike. Learn from founders and CEOs of companies like OpenAI, Coinbase, Solana, Polygon, AngelList, Oura, and Replit, and investors from Founders Fund, a16z, Union Square Ventures, and many more. I appreciate your support and hope you enjoy. Thanks to Chase Devens for the show notes and Yiction for the music. Lastly, I love hearing from fans of the pod. Feel free to email me any time at firstname.lastname@example.org. Thank you!
Lightspeed Venture Partners can sometimes live in the shadow of its noisier rivals. Andreessen Horowitz has a massive war chest, sprawling payroll, and insatiable appetite for attention. Meanwhile, Sequoia Capital is, well, Sequoia. But Lightspeed has established itself as one of the top multi-stage technology investors of this era. In July 2022, Lightspeed announced that it had raised more than $7 billion to invest in startups. Now, as Sequoia spins off its Chinese and Indian venture capital arms and as Lightspeed builds out its presence in Europe, Lightspeed is looking like one of the most globally-oriented venture capital firms. I invited Bejul Somaia on the Newcomer podcast to talk about Lightspeed's investments in India and its global strategy. Somaia is one of the leaders of the firm and relocated to the United States after many years investing for Lightspeed in India. “We want to see, access, and compete for the best opportunities wherever they are,” Somaia told me. Venture capital investments in India fell to $25.7 billion in 2022 from $38.5 billion in 2021.“Forcing capital into these companies is not necessarily the answer and I think we've learned that time and again,” Somaia said. “2021 — we know was out of control everywhere. But in shallow markets, out of control is even more damaging because the asset price inflation is even more significant in shallow markets. The movements are more jarring,” he said. A correction was healthy, necessary, and painful. Get full access to Newcomer at www.newcomer.co/subscribe
On this week's StartUp Health NOW, we look back at one of our most-popular podcast episodes: a chat with Julie Yoo, a General Partner at Andreessen Horowitz where she leads investments in healthcare technology, with a focus on companies that are modernizing how we access, pay for, and experience the healthcare system. During this chat in front of a live audience of founders from the StartUp Health community, Yoo talked about the growth of home health, fintech for healthcare, and her personal passions around solving for provider shortage issues and the mismatch of supply and demand. Listen in for insights that are just as relevant today as in November 2021, such as Yoo's tip that top investors like a16z are less interested in startups who have all the answers – because they don't – but in entrepreneurs who can identify and overcome obstacles and can communicate that journey with clarity. We will be back with fresh episodes after Labor Day! Founders: Health Transformer University fuels your health moonshot Funders: Become a Health Moonshot Champion Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox. Looking to break down health barriers? If you're an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot. Passionate about Type 1 diabetes? If you're an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.
In this week's Espresso, we cover news from, Culttivo, Bipa, Turbi, and more!Outline of this episode:[00:28] – Mineral Forecast enters the Mexican market[00:41] – EBANX and Nubank partner to launch NuPay[00:55] – Bipa raises $1.4M Seed round[01:09] – Turbi raises a $16.4M round[01:20] – Culttivo secures $14.5M financing[01:32] – Invariantes launches $30M fund[01:49] – Foodology raises a $17M round[02:01] – Trepsi partners with Bodytech to democratize nutrition Resources & people mentioned:Startups: Mineral Forecast, EBANX, Nubank, Bipa, Turbi, Culttivo, Foodology, Trepsi, BodytechVCs: EXT Capital, New Form Capital, Hivemind Ventures, FIAgro, Invariantes, Andreessen Horowitz, Chimera, Daedalus Ventures, 30N Ventures.
In today's episode, The Mentors Radio host Dan Hesse talks with Marc Andreessen, the outspoken technology visionary who believes that Artificial Intelligence will save the world. In this episode, Marc shares his advice for entrepreneurs, talks about how new fields such as cryptocurrency and The Metaverse will impact our lives. After co-creating the influential Mosaic Internet browser and co-founding Netscape, Marc led a remarkable career building new companies. As co-founder and general partner of venture capital firm Andreesen-Horowitz (also referred to as "a16z"), he continues to mentor many of today's most successful tech entrepreneurs. A lifelong innovator and creator, Marc is one of the few to pioneer a software category used by more than a billion (BILLION!) people and one of the few to establish multiple billion-dollar companies. Andreessen co-created the highly influential Mosaic internet browser and co-founded Netscape, which later sold to AOL for $4.2 billion. He also co-founded Loudcloud, which, as Opsware, sold to Hewlett-Packard for $1.6 billion. He later served on the board of Hewlett-Packard from 2008 to 2018. Marc holds a BS in Computer Science from the University of Illinois at Urbana-Champaign. He serves on the board of the following Andreessen Horowitz portfolio companies: Applied Intuition, Carta, Coinbase, Dialpad, Flow, Golden, Honor, OpenGov and Samsara. He is also on the board of Meta. Listen to this episode below or on ANY podcast platform (from Apple to Google to iTunes etc )— Just type in “THE Mentors RADIO” … even easier, Subscribe HERE & listen on any podcast platform!!! (click here). And don't forget to give us a 5-star review on Apple Podcasts and Spotify!! SHOW NOTES: MARC ANDREESSEN: BIO: https://en.wikipedia.org/wiki/Marc_Andreessen ARTICLES: Why AI will save the world, by Marc Andreessen Why Software Is Eating the World, by Marc Andreessen It's Time to Build, by Marc Andreessen VIDEOS/Other Interviews with Marc Andreessen: Marc Andressen on His Intellectual Journey the Last 10 Years An Interview with Marc Andreessen about AI and How You Change the World Woke Capital with Marc Andreessen
David York, a founder and managing director of Top Tier Capital Partners, provides invaluable insights into the intricacies of fund of funds (FOF). Delving into the dynamic nature of FOFs within the venture capital ecosystem, he sheds light on three distinct methods of investing in venture capital. Furthermore, David offers a comprehensive overview of his meticulous evaluation process for VC firms, highlighting the formidable challenges that investors encounter when selecting the most promising ventures.In this episode, you'll learn:[6:47] 3 ways of how to become ‘the money behind the money'.[11:05] Why is it difficult to evaluate VC firms?[20:35] What goes into starting a VC firm? What are the benefits of using FOFs in your VC journey?[26:00] Missing opportunities, how to handle NOs as a VC, and the importance of relationships in venture capital.[28:44] Future of venture capital: will venture capital become a more attractive asset class?The non-profit organization that David is passionate about: NESsTAbout David YorkDavid York is a founder & Managing director at Top Tier Capital Partners. He leads the Corporate Development team and is responsible for the management, development & growth of the firm's offerings, and is a member of the Investment and Management Committees at the firm. David has 30+ years of industry knowledge and networks, which uniquely equip him to be a liaison and international ambassador not only for Top Tier's brand, but also the broader venture community. Previously, he led the fund of funds business at Paul Capital Partners, before spinning it out and founding Top Tier. Prior to Paul Capital, he spent seventeen years on Wall Street running various trading desks.David is also a board member in various for-profit and nonprofit organizations. He's on the Board of Directors of NESsT, a 23-year-old Social Development Enterprise and Impact Investing non-profit investment firm focused on the development of social entrepreneurs in Central European and Latin American countries.About Top Tier Capital PartnersTop Tier Capital Partners is a venture capital specialist managing niche-focused funds of funds, secondaries, and co-investment strategies. The firm makes primary and secondary investments in venture capital funds and co-invests in select portfolio companies.Top Tier's history is marked with investments in renowned VC firms such as Kleiner Perkins, Andreessen Horowitz, Atlas Ventures, Abingworth, Initialized, Accel, and A.Capital Ventures, and its current portfolio companies include Paro, Prime Roots, Plus One Robotics, Komprise, Career Karma, Talkdesk, LaunchDarkly, among many others.Subscribe to our podcast and stay tuned for our next episode. Follow Us: Twitter | Linkedin | Instagram | Facebook
In this episode you will learn:Why did Rex decide not to start a company and pursue venture capital instead?How has the Cambrian community evolved over time? How does Rex see the value of adding value to the ecosystem and creating access over time?What impressed Rex about Deel and its founders? Did he expect Deel to become one of the fastest growing companies in the world when he first met them?What is the role and importance of product counsel in a FinTech company?How does Rex assist startups in navigating the FinTech ecosystem? How does connecting with other founders who have built on similar platforms benefit entrepreneurs in making partnership decisions?What is vertical SaaS and why is it an interesting trend in 2023? What are the dynamics of winner-takes-most in vertical SaaS markets?What is embedded FinTech and how does it relate to vertical SaaS? What are examples of financial services that can be embedded within vertical SaaS platforms?How can AI impact financial services and improve operational efficiency according to Rex? Will incumbents in the financial industry be able to adopt AI more effectively than other technologies like cloud and mobile?What is the potential impact of embedded financial services on the distribution of financial products and services?AboutRex Salisbury is the Founder and General Partner of Cambrian, an early-stage VC fund specializing in fintech startups. With prior experience as a partner at Andreessen Horowitz, Rex has invested in over 50 fintech companies. Known for his talent in connecting founders with vital resources, Rex's fintech community, Cambrian, has become a platform for fostering success. His exceptional understanding of the fintech landscape enables him to identify promising opportunities and support entrepreneurs on their journey.
There's a common criticism lodged against Substack that its model of paid subscriptions could never support original journalism, and instead it only caters to the kind of opinion journalism that can be churned out at a high rate. Eric Newcomer is proving this criticism wrong. After six years spent reporting at outlets like The Information and Bloomberg, he struck off on his own and launched a newsletter that covers startups and venture capital. Within months of his launch, he broke several major stories about top VC firms like Andreessen Horowitz and Sequoia. In our interview, Eric talked about his motivation to leave his job in traditional media, his monetization strategy, and how he manages to break major stories at such a consistent rate.
Miguel Armaza sits down with Adena Hefets, CEO/Co-Founder of Divvy Homes, one of the most innovative PropTech companies in the US that helps renters transition into homeowners with a rent-to-own model. They are backed by great investors, including Andreessen Horowitz, GGV Capital, GIC, Tiger Global, Caffeinated Capital, and Max Levchin.We discuss:What's going on in the US commercial and residential real estate markets? Adena gives a deep dive of the tough state of the market.How Divvy's rent-to-own model is a win-win for consumers, giving them the flexibility to be homeowners without necessarily having a mortgage.Leadership and productivity lessons after six years in the CEO role.Struggles from their early fundraising journey, building company culture… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join 56,000+ readers and listeners worldwide!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adena Hefets, co-founder and CEO of Divvy Homes, to talk about why the rent-to-own model is gaining momentum in today's housing market. She discusses the challenges many people are facing in getting a mortgage, looks at the dynamics behind the affordability crisis, and shares her thoughts on which segments of the housing market are best poised to hold value and appreciate. She also gives her perspective on which types of proptech startups are poised for success, and which ones will have trouble making it. About Adena Hefets Adena is the co-founder & CEO of Divvy Homes, a proptech company on a mission to make homeownership accessible to everyone. In 2017, Adena set out to solve a problem she saw in the market: fewer people can afford to purchase a home today than two decades ago. To solve this, she came up with a new way to finance a home purchase through a rent-to-own model that allows renters to gradually build up ownership in their future homes - all while living in it. Prior to founding Divvy, Adena joined Square in 2013 and was responsible for building out Square Capital, a merchant cash advance platform with billions in loans outstanding. Prior to Square, she was part of the large-cap buyout team at TPG, a private equity firm, where she helped purchase companies in the real estate sector. She started her career as an investment banker at Merrill Lynch. Adena holds a Bachelors of Science, Policy Analysis and Management from Cornell University and a Masters of Business Administration, Stanford Graduate School of Business. She was named 40 Under 40 by Fortune and is backed by Andreessen Horowitz, Tiger Capital, and Caffeinated Capital. She currently lives in Oakland, California. Here's a glimpse of what you'll learn: How the rent-to-own model works, why it's attractive, and which demographic groups are embracing this approach Which type of proptech startups are poised for success, and which ones will have trouble making it Why the biggest crisis we're facing in real estate is affordability, and what we can do about it Why big investor money is still on the sidelines, and what that means for the housing market Which segments of the housing market are best poised to hold value and appreciate Where we should see the impact of AI innovations on the real estate industry (and where we won't) Resources mentioned in this episode: Connect with Adena on LinkedIn Divvy Homes Mike Simonsen on LinkedIn Altos Research Featuring Mike Simonsen, President of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Follow us on Twitter for more data analysis and insights: Altos on Twitter Mike on Twitter About Altos Research The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels. Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.
Ali Ghosdi was a reluctant founder. He planned to become an academic researcher and professor, not lead a successful tech startup. In 2013, alongside seven other co-founders, Ghosdi helped build an open-source data product called Apache Spark, a best-of-breed future predicting code. The research project eventually became a business called Databricks. In 2016, he was picked as CEO and helped transform the open-source startup into a technology enterprise with a $38 billion valuation. Databricks boasts investors like Andreessen Horowitz, Microsoft, and Amazon. Nathan and Ali discuss: Being a reluctant startup co-founder Partnering with Andreessen Horowitz as their first investor The pros and cons of having co-founders The pressure of living up to early success Transforming an open-source startup into a revenue enterprise The difference between professional and founder CEOs How startups and small businesses can use AI tools right now. Why product market fit is an art How to work backward in your business Why you shouldn't listen to the consensus And much more data, AI, and product advice… Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine
Mary Ann and Alex are back for another busy news week chock full of deals to chew through.Here's the rundown:Deals of the Week: We think that the idea behind the recently-funded Honey Homes is excellent, but we're split about the cost. We also went over Gusto's latest financial achievements and its plans to team up with Remote.Fintech M&A: The biggest deal of the week in fintech was Visa's purchase of Pismo. We haven't had unicorn-level acquisitions lately, so this one was welcome. Elsewhere in the space, Brex has brought on board a former SVB and a16z denizen, and Ramp bought Cohere.io (not this Cohere, the other one).Other M&A: But those weren't the only deals. Databricks bought MosaicML, IBM bought Apptio, and ThoughtSpot has acquired Mode Analytics.Help, my unicorn is starving: We closed with Alex's look at the declining funding to unicorn and web3 startups, as well as Rebecca Szkutak's latest on the secondary market in the process.Equity will be back on Wednesday as we head off into yet another holiday weekend here in the U.S. when Alex will finally put his PTO to use. In the meantime, let's catch up on Twitter @EquityPod. Talk soon!For episode transcripts and more, head to Equity's Simplecast website. Equity drops at 7:00 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotifyand all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together and more!
Elizabeth is the Founder and Managing Director of Scribble Ventures, an early-stage venture firm. Previously, she worked in VC at 137 Ventures and Andreessen Horowitz, and was an early executive at Twitter. She has invested in more than 60 technology companies across all stages, including Slack, Whatnot, and SpaceX. Elizabeth graduated from Stanford University with a BA in Economics and a Masters in Engineering. She is also the founder of Paperwheel and an ultra-marathon runner, running more than 100 marathons!Video interview available on Youtube.Please subscribe and leave a review!
Nait Jones is most known for his work at Andreessen Horowitz where he was a partner and led their Talent x Opportunity Fund. He was also the Head of Growth at Royal where he democratized access to artists' music royalties, working with icons like Nas. He is now the CEO of Oyi Labs. When it comes to culture, investing and entrepreneurship this man is at the forefront. Timestamps 00:00:00 Intro 00:02:03 Men need problem-solving for satisfaction and survival. 00:05:53 Social degeneration despite technological access. 00:07:10 Intentionality replaced natural organization in generations past. 00:10:40 Regret: Time spent in 20s-30s 00:14:18 Desire to join and jealousy examined. 00:19:10 Moment of self-empowerment: going all-in 00:23:15 Conflict highlights principles, earns respect. 00:24:11 Understanding flips business relationship to positivity. 00:28:26 Intuitive understanding of prayer with lava rocks. 00:32:49 Fear is a game boss to beat. 00:33:51 Connection comes with disconnection; improvement through process. 00:38:57 Free Agency Ad This episode is brought you by Free Agency Sponsor Check out our sponsor, Free Agency (https://www.freeagency.com/) Socials Twitter: https://twitter.com/calum_johnson9Instagram: https://www.instagram.com/calumjohnson1/ Guest: https://twitter.com/NaithanJones
Shaan Puri (@ShaanVP), Sam Parr (@theSamParr), and Jack Smith (@_jacksmith) discuss: Balaji Srinivasan on why people will have to hide their real identities in the future How Silkroad was actually a well-run company while co-workers remained anonymous (American Kingpin) The crazy story of the founder of Silkroad ordering killings on his co-workers Taboola's billion-dollar payday Clubhouse just raised at $1B -- but are its best days behind it? How Wall Street Bets is beating Wall Street - How Grayscale is printing money with GBTC Why a VC firm (Andreessen Horowitz) is entering the media game Want to see more MFM? Subscribe to the MFM YouTube channel here. ----- Check Out Shaan's Stuff: * Try Shepherd * Shaan's Personal Assistant System * Power Writing Course * Daily Newsletter Check Out Sam's Stuff: * Hampton * Ideation Bootcamp * Copy That ------ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Senator Ron Wyden (D-Ore.) is to moral panics over privacy what Andreessen Horowitz is to cryptocurrency startups. He's constantly trying to blow life into them, hoping to justify new restrictions on government or private uses of data. His latest crusade is against the intelligence community's purchase of behavioral data, which is generally available to everyone from Amazon to the GRU. He has launched his campaign several times, introducing legislation, holding up Avril Haines's confirmation over the issue, and extracting a Director of National Intelligence report on the topic that has now been declassified. It was a sober and reasonable explanation of why commercial data is valuable for intelligence purposes, so naturally WIRED magazine's headline summary was, “The U.S. Is Openly Stockpiling Dirt on All Its Citizens.” Matthew Heiman takes us through the story, sparking a debate that pulls in Michael Karanicolas and Cristin Flynn Goodwin. Next, Michael explains IBM's announcement that it has made a big step forward in quantum computing. Meanwhile, Cristin tells us, the EU has taken another incremental step forward in producing its AI Act—mainly by piling even more demands on artificial intelligence companies. We debate whether Europe can be a leader in AI regulation if it has no AI industry. (I think it makes the whole effort easier, pointing to a Stanford study suggesting that every AI model we've seen is already in violation of the AI Act's requirements.) Michael and I discuss a story claiming persuasively that an Amazon driver's allegation of racism led to an Amazon customer being booted out of his own “smart” home system for days. This leads us to the question of how Silicon Valley's many “local” monopolies enable its unaccountable power to dish out punishment to customers it doesn't approve of. Matthew recaps the administration's effort to turn the debate over renewal of section 702 of FISA. This week, it rolled out some impressive claims about the cyber value of 702, including identifying the Colonial Pipeline attackers (and getting back some of the ransom). It also introduced yet another set of FBI reforms designed to ensure that agents face career consequences for breaking the rules on accessing 702 data. Cristin and I award North Korea the “Most Improved Nation State Hacker” prize for the decade, as the country triples its cryptocurrency thefts and shows real talent for social engineering and supply chain exploits. Meanwhile, the Russians who are likely behind Anonymous Sudan decided to embarrass Microsoft with a DDOS attack on its application level. The real puzzle is what Russia gains from the stunt. Finally, in updates and quick hits, we give deputy national cyber director Rob Knake a fond sendoff, as he moves to the private sector, we anticipate an important competition decision in a couple of months as the FTC tries to stop the Microsoft-Activision Blizzard merger in court, and I speculate on what could be a Very Big Deal – the possible breakup of Google's adtech business. Download 463rd Episode (mp3) You can subscribe to The Cyberlaw Podcast using iTunes, Google Play, Spotify, Pocket Casts, or our RSS feed. As always, The Cyberlaw Podcast is open to feedback. Be sure to engage with @stewartbaker on Twitter. Send your questions, comments, and suggestions for topics or interviewees to CyberlawPodcast@gmail.com. Remember: If your suggested guest appears on the show, we will send you a highly coveted Cyberlaw Podcast mug! The views expressed in this podcast are those of the speakers and do not reflect the opinions of their institutions, clients, friends, families, or pets.
当地时间 6 月 12 日到 16 日，由伦敦促进发展署主办的伦敦科技周吸引了超过三万名来自全球的创业者参加。相比于美国和东南亚，伦敦似乎很少引起出海人的注意，但在这次科技周上，先是汇丰银行宣布将收购的硅谷银行英国分支改为创新银行以支持伦敦的创业公司，后有 a16z 宣布将伦敦作为出海的第一站。这座城市有什么吸引创业者的地方？中国企业能否在这里找到适宜的生长土壤？ 本期节目，「声东击西」的主播徐涛又来串台，跟我们分享她在伦敦一线观察到的图景，也带来了现场的声音。欢迎收听本期节目，来感受身临其境的氛围 。 本期人物 丁教，「声动活泼」联合创始人，「科技早知道」主播 徐涛，「声动活泼」联合创始人，「声东击西」主播 主要话题 [01:08] 三万多人参加，伦敦科技周有什么特点？ [08:20] 想恢复往日荣光的伦敦，做出了哪些努力来吸引创业者？ [18:19] 作为投资洼地，伦敦目前创新生态环境怎么样？ [21:05] 中国公司要不要去伦敦？几个值得参考的案例分享 延伸阅读 - 往期相关节目：S7E12｜CFIUS 审查收紧，出海人面临的法律风险可不止于此 (https://guiguzaozhidao.fireside.fm/20220163) - S7E08出海专栏｜中国出海人2023第一步都落在哪里？ (https://guiguzaozhidao.fireside.fm/20220159) - London Tech Week (https://view.londontechweek.com/?_gl=1*6kcjaf*_gcl_au*NjI3NzE3OTU0LjE2ODcyNTQ3OTI.*_ga*MTgxNzY1NDA3OC4xNjg3MjU0Nzkz*_ga_9X1TWNKERW*MTY4NzMyODk3NS4yLjAuMTY4NzMyODk3NS4wLjAuMA..&_ga=2.62765676.111225560.1687254793-1817654078.1687254793) - HSBC builds innovation division from the bones of collapsed SVB UK (https://www.cnbc.com/2023/06/12/hsbc-builds-innovation-division-from-the-bones-of-collapsed-svb-uk.html) - Andreessen Horowitz to open London crypto office in first push overseas (https://www.ft.com/content/9c45bef1-3496-4218-9dd3-e9922a55fdee) - Enterprise Investment Scheme, Seed Enterprise Investment Scheme and Social Investment Tax Relief: Commentary 2021 (https://www.gov.uk/government/statistics/enterprise-investment-scheme-seed-enterprise-investment-scheme-and-social-investment-tax-relief-may-2021/enterprise-investment-scheme-seed-enterprise-investment-scheme-and-social-investment-tax-relief-commentary-2021) - Digital Sandbox (https://www.cityoflondon.gov.uk/supporting-businesses/business-support-and-advice/digital-sandbox-pilot) 注：除特殊说明，以上资料均根据 ChatGPT、维基百科、Google Search 等搜索结果进行整理，欢迎勘误。 欢迎加入声动胡同会员计划 (https://sourl.cn/iCVg6n) 成为声动活泼会员，支持我们独立而无畏地持续创作，并让更多人听到这些声音。 加入方式 支付 ¥365/年 (https://sourl.cn/ZPb9Dm) 成为声动胡同常住民。加入后，你将会在「声动胡同」里体验到专属内容、参与社群活动，和听友们一起「声动活泼」。 在此之前，也欢迎你成为声动胡同闲逛者 (https://sourl.cn/ZPb9Dm) ，免费体验会员内容、感受社群氛围。 了解更多会员计划详情，我们在声动胡同等你。 (https://sourl.cn/4xPkEf) 使用音乐 Cyan - West & Zander 幕后制作 监制：刘灿、闻晓 后期：赛德 运营：瑞涵、Babs 设计：饭团 关于节目 原「硅谷早知道」，全新改版后为「What's Next｜科技早知道」。放眼全球，聚焦科技发展，关注商业格局变化。 商务合作 声动活泼商务合作咨询 (https://sourl.cn/6vdmQT) 关于声动活泼 用声音碰撞世界。声动活泼致力于为人们提供源源不断的思考养料。 我们还有这些播客：声东击西 (https://etw.fm/episodes)、What's Next｜科技早知道 (https://guiguzaozhidao.fireside.fm/episodes)、声动早咖啡 (https://sheng-espresso.fireside.fm/)、商业WHY酱 (https://msbussinesswhy.fireside.fm/)、跳进兔子洞 (https://therabbithole.fireside.fm/)、反潮流俱乐部 (https://fanchaoliuclub.fireside.fm/)、泡腾 VC (https://popvc.fireside.fm/)、吃喝玩乐了不起 (https://urbanfloat.fireside.fm/) 如果你想获取热门节目文字稿，请添加微信公众号 声动活泼 如果想与我们交流，欢迎到即刻 (https://okjk.co/Qd43ia)找到我们 也期待你给我们写邮件交流，邮箱地址是：email@example.com 如果你喜欢我们的节目，欢迎 打赏 (https://etw.fm/donation) 支持，或把我们的节目推荐给朋友 Special Guest: 徐涛.
Our expert hosts, Ross Gallagher and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: Andreessen Horowitz to open its first international office in London - 6:00 HSBC builds innovation division from the bones of collapsed SVB UK - 20:28 Citizens Bank and Wisetack announce partnership to expand embedded ‘pay over time' solutions - 32:42 Nasdaq to buy financial software company Adenza in $10.5 billion cash-and-stock deal - 45:40 Desperate for dollars, Argentina just gave digital nomads another advantage over locals - 53:38 Oaknorth boss: Immigration barriers are threatening the UK's fintech sector -56:00 Snoop Dogg's NFT tour pass lets fans 'travel the world' with him virtually - 57:45 This week's guests include: Anna Irrera, Senior Editor, Crypto, Bloomberg News Bobby Tzekin, CEO, Wisetack This episode is sponsored by Thredd Global Processing Services (GPS), the payments platform trusted by the leading issuers to process billions of transactions a year, has changed their name to Thredd. Why Thredd? Thredd, because their tailored payment processing solutions are the thread that connects payments innovators of the future. Thredd, because they are true partners, becoming part of the fabric of your business as it grows. And Thredd because it just feels right. Find out more at Thredd.com. (https://www.thredd.com/?utm_source=newsletter&utm_medium=email&utm_campaign=bitesize+thredd&utm_id=11fs) Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here (https://11fscompany.typeform.com/to/kBMan5qL?typeform-source=t.co) Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email firstname.lastname@example.org! Special Guests: Anna Irrera and Bobby Tzekin.
This week on Prof G Markets, Scott shares his thoughts on the latest decision from the Federal Reserve and how its rate hiking campaign has impacted his investing strategy. He then discusses why the UK Prime Minister is excited that Andreessen Horowitz is opening a London office. Finally, he explains how Bud Light should have handled its marketing controversy, and how drinking preferences are changing the beer market. Learn more about your ad choices. Visit podcastchoices.com/adchoices
US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm's general partners, Sriram Krishnan.
Jonathan Chen took his previous company FiscalNote public for $1.3 billion and now has raised $61 million for Nitra which is overhauling the healthcare industry with radically efficient and transparent solutions - starting with spend management. So far the company has raised financing from top tier investors such as New Enterprise Associates, Andreessen Horowitz, or Gaingels to name a few.
Brains Meet Beauty: René Graham, FOUNDER & CEO, Renzoe Box A native of Texas, René Graham is a licensed architect and holds a Master in Architecture from Rice University. Before entering the world of product design, beauty-tech, and entrepreneurship founding Renzoe Box, Graham achieved significant and diverse experience in architectural practice and real estate development. She is the co-founder of LaurelHouse Studio, a boutique architecture practice and design studio based in Bryan, Texas. She is also the co-founder of BCS Modern, a real estate development company focused on design-driven community-based development in Downtown Bryan, Texas. Graham has taught at the University of Texas and Texas A&M University. She has received grant funding from the National Endowment for the Arts, has been featured on national TV, won the international Good Design Award®, received the 2022 Mayor's Impact Award, finalist for SXSW Pitch, is a Tory Burch Fellow & Ladies Who Launch Fellow, has raised funding from Andreessen Horowitz, and holds national & international patents & trademarks for Renzoe Box®. She has served as a design critic at Harvard University, SciArc, Syracuse University, Rice University, Texas Tech, Louisiana State, University of Texas, & Texas A&M University. Bard MBA's Rolena Richardson speaks with Rene for this episode of the Impact Report. ImpactReportPodcast.com
Lex chats with Anish Acharya - a general partner at Andreessen Horowitz. Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, that backs bold entrepreneurs building the future through technology. Anish and Lex analyze the impact and adoption of disruptive platform shifts, before charting a journey through FinTech from innovative startups to high-profile acquisitions. Additionally, shedding light on Credit Karma's growth strategies and user behavior. Finishing off with a discussion of the future of FinTech, envisioning a landscape transformed by AI integration, Web 3.0 convergence, and innovative investment strategies that uncover non-traditional opportunities in financial services and consumer sectors MENTIONED IN THE CONVERSATION A16z's Website: https://bit.ly/3olOrIzAnish's LinkedIn profile: https://bit.ly/438tqjt Topics: Fintech, web3, mobile, generative AI, AI, Artificial intelligence, social Companies: a16z, Andreessen Horowitz, Google, Social Deck, Snowball, Credit Karma, ChatGPT, Facebook, Google ABOUT THE FINTECH BLUEPRINT
In this episode, our host, Josh Benadiva, engages in a meaningful conversation with Sankaet Pathak, Founder and CEO of Synapse. They discuss Sankaet's journey from establishing the foundation of embedded finance and banking-as-a-service to scaling the company since its inception in 2014. Sankaet shares his insights on creating a startup within the embedded finance sector, his perspectives on hiring and product development, and strategies for centering teams and company efforts around a cohesive vision. Sankaet Pathak wears the hat of the founder and CEO of Synapse, a leading banking-as-a-service provider. His journey with Synapse began in 2014 during his Master's degree at the University of Memphis and has since blossomed into a remarkable success story. Synapse, a comprehensive banking-as-a-service platform, offers a range of services such as payment, card issuance, deposit, lending, compliance, credit, and investment products in the form of APIs to over 15 million end users. Boasting an annualized transaction volume of $67 billion and $11 billion in assets under management across its platform, Synapse has garnered over $50 million in funding from renowned venture firms like Andreessen Horowitz, 500 Startups, and Trinity Ventures.
Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.This week we're joined by Scott Kupor, Managing Partner at Andreessen Horowitz. Scott was the first employee of the firm alongside Marc Andreessen and Ben Horowitz. He has been instrumental in the firm's growth to now having north of $35B in AUM. Scott also authored a Wall Street Journal bestselling book called Secrets of Sand Hill Road: Venture Capital and How to Get It, and previously also served as chairman of the board of the NVCA. Scott goes through the history of a16z and the learnings along the way in building the multi-product investment company it is today.Frank, Rimerman + Co.'s history is closely intertwined with that of Silicon Valley. With humble beginnings similar to so many start-ups, Frank, Rimerman was formed with a desire to serve the entrepreneurial and venture communities of the Valley and the determination to think outside-the-box.When it comes to venture funds, we work with almost 500 VC groups from over 20 states across the USA. We have worked with over 400 fund groups during their first year of operations, making us one of the leading providers in the country to emerging managers.No one wants to be bored at work. That's why we chose to work with some of the most innovative and creative people – people who are changing the world around us every day. Their excitement fuels our passion and determination to grow and serve this special community.Frank, Rimerman + Co, Passion Works Here.www.frankrimerman.comAbout Scott Kupor:Scott Kupor is Managing Partner at Andreessen Horowitz, focused on growth-stage companies building in the bio and healthcare industries, manages the firm's investor relations team, and is responsible for the firm's growth initiatives. Scott was the first employee at Andreessen Horowitz and managed the firm's growth from $300 million in AUM to more than $30 billion. Prior to joining the firm, Scott worked Hewlett Packard, Opsware, and represented startups through M&A processes. Scott is the author of the Wall Street Journal bestselling book, Secrets of Sand Hill Road: Venture Capital and How to Get It, and serves on the boards of Cedar, Headway, Foursquare, Labster, Ultima, and SnapLogic. He also served as chairman of the board for the National Venture Capital Association.Scott earned a bachelor's degree and a JD from Stanford University.In this episode, we discuss:(02:24) Scott's journey to a16z(04:52) Lessons from the dotcom bubble (08:29) Why the original thesis for a16z was so different(12:33) How Mike Ovitz and CAA inspired them(16:44) Early days building the firm and recruiting the team(20:26) Running the firm like a startup(25:58) Challenges of building and maintaining a culture(30:01) Building cohesion with a global workforce and work from home(33:18) What “founder-friendly” means at a16z(36:34) Advice for new managers(40:49) Where we are in the current market cycle(44:59) The advice Scott would give e himself as a new graduate.I'd love to know what you took away from this conversation with Scott. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on Twitter.Podcast Production support provided by Agent Bee This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com