Evidence receipt / evaluation
Published · transcript-backedSebastian Mallaby: evaluation
9 Feb 2022 Conversations with Tyler Sebastian Mallaby on Venture Capital
“Andreessen Horowitz has now given up the rule that to become a partner at the company you have to have been a former founder of a company yourself because it just isn’t the best way, necessarily.”
Source trail
Everything needed to verify it.
- Speaker
- Sebastian Mallaby
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 9 Feb 2022
- Publisher
- Conversations with Tyler
Transcript context
…True or false, good CEOs make good VCs. Not always true. As a generalization, I would say false. The premise of Andreessen Horowitz, the venture partnership set up in 2009, was that to be a good venture capitalist, you had to be an entrepreneur, and you had to have run a company and understood what a start-up is like from the inside. That just turned out to be false. Andreessen Horowitz has now given up the rule that to become a partner at the company you have to have been a former founder of a company yourself because it just isn’t the best way, necessarily. It’s one way you can choose a good venture capitalist, but it’s not the only way, by any means. Why has Mike Moritz been so good at VC?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.