Acquired / episode intelligence
Speakers in the public record
Claim mix
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
42 published records
01 / recommendation
“We love social media shares, of course, but it's kind of hard to just post on social media, like you should listen to this three-and-a-half podcast that is part two of Andreessen Horowitz.”
02 / belief
“Clearly, I believe that I wouldn't be in this line of work, and you, and us doing the show, and everyone listening, but it's not philanthropy.”
03 / commitment
“We intend to do that 20–40 times. That is how we will construct our portfolio, so therefore there can be a bunch of different variations among the companies as they go along.”
04 / belief
“Also in 2018, they launched the Cultural Leadership Fund, which got a lot of blowback at the time and I think was pretty misunderstood.”
05 / belief
“I think, according to PitchBook, the very first check they wrote is actually a very small check early.”
06 / belief
“Literally, the term that they used that I think Ovitz’ clients have become sad about CAA and Hollywood about all this, is they become, "the dream execution machine.”
07 / belief
“I remember thinking that was ridiculous back in the day that all these people who were talking about how they invested in Twitter and blah-blah-blah had never actually participated on the platform. I think Fred Wilson was the only one who actually was active on the platform.”
08 / belief
“At that point, it was like, oh, this guy's an entrepreneur and starting a company or it was, I think, already a company in flight.”
09 / belief
“The actual big cover story reveal, as we said, July, 2009, cover story of Fortune Magazine, Marc is, I think not barefoot in this one on a throne.”
10 / belief
“I think, as Marc recently coined it, and he had a great invest, like the best episode on this HP 2.”
11 / belief
“I'm going to be pretty laudatory of Andreessen here, but I think I would have done that anyway, but you can keep me honest here.”
12 / belief
“I think for a length, if nothing else but also to do it right, we're going to do a different venue to talk all about this, but they've also built a media company alongside all of this.”
13 / belief
“Slack, we think about $3 billion assuming they held all the way to the sales force deal 18 months later.”
14 / commitment
“Oh, on that note, I know you're about to talk about this later so I won't disclose how Marc announced the existence of the fund, but in the first sentence of the interview that he did announcing the fund, he literally said the sentence, “I'm crossing over into the darkside.”
15 / belief
“I is so good and raw, and II it's so artistic and well-thought through, and the method of storytelling flashing back and forth between those two stories. I think some people complained about it, I loved it.”
16 / commitment
“Today, listeners, we will cover the next 11 years from the firm's founding to today.”
17 / belief
“I think both of these things are true, but certainly we didn't test Acquired and if we had tested Acquired in the early years, we'd probably have been well, that's not working very well.”
18 / belief
“Most recently valued at $28 billion, they led the seed round and have participated in (I think) every round since.”
19 / belief
“I think that's right. I think until like 2020 or something, they did it with the growth fund.”
20 / belief
“Very shortly after, I believe, Andreessen leads this round, the Series B. Stewart sends an email to the board.”
21 / belief
“Yup. I think the industry has found that out, painfully, over the last 10 years.”
22 / belief
“Marc replies, well, maybe this goes off track from your question—he's great at redirecting; he's obviously had some training—I think the hottest idea is that innovation is actually alive and well.”
23 / belief
“Yup. Now in the long run, obviously, I think we all know what side we fall on here.”
24 / belief
“David Rosenthal calling it here on air. I think Andreessen Horowitz has been calling it for a while.”
25 / belief
“I think the headline of the articles are something like, despite loss or whatever, Andreessen returns are average.”
26 / belief
“I think large institutional LPs, that's how they think about it. They're like yeah, great, 10X funds, fine.”
27 / belief
“Tech private equity firm, Silver Lake, who I believe the Silver Lake headquarters are in the same Rosewood office park on Sand Hill Road that Andreessen headquarters are in.”
28 / belief
“One, I think the version of hiding the war financing of investment bankers that VCs were doing here was, they're hiding the management fees.”
29 / belief
“There's one more dark horse, too, which is I believe in the crypto funds and maybe some of the early core funds, they're buying Bitcoin and Ether.”
30 / belief
“Their initial investment into Roblox, which I think is out of their late stage fund, the growth fund, somewhere between $100 million and $150 million.”
31 / belief
“There's some point where it brings up the little title tag underneath and it says Marc Andreessen, I think its founder, Ning.”
32 / belief
“I've got some other stats about Andreessen Horowitz today, and I think we'll talk a little bit more about them today before going into analysis.”
33 / evaluation
“He’s naturally good at presenting the other side of my argument, and we decided to institutionalize that in the firm, which I think is really an interesting approach that both forces you to be diligent but also allows for non-consensus bets.”
34 / preference
“Listening to a podcast is a risk because—we're totally off topic here, but this is something I'm super fired up about—if an article is boring, it's fine because you skim it real quick and then under a minute, you're gone.”
35 / evaluation
“Have I understand the history right, I think part of the reason why they created a separate fund for crypto versus doing it out of the main fund was because of the same things that secondaries needing to be an RIA.”
36 / evaluation
“You're winning. It doesn't matter what they're saying. If they are talking about you, good, bad, ugly, indifferent, you're winning.”
37 / evaluation
“By the time we're talking about here in 2008–2009, the Series A has really become this catbird seat from the venture capitalist because they can outsource all the real early-stage risk to the seed stage with way less capital—have these companies get going—and then once they start to show product/market fit and a lot of the risks has been removed, then the Series A venture firms can come in, lead around, and they're still all these hangover baggage with the round where it's like the norm that whoever leads your series A is going to get a huge ownership percentage in your company—25%–30% ownership—and it turns into this total bonanza for the venture firms who aren't really taking that much risk.”
38 / disagreement
“The only thing I will disagree with in your comment is that every successive generation of funds should be that much better than the previous.”
39 / evaluation
“A16z is like, that thing that you said was crazy, where it's like, the math doesn't work because the numbers are too big.”
40 / evaluation
“Maybe if I had 14 years between II and III, then it will be okay, but because I tried to watch them back to back, I was allergic to the ninety-cisms of Coda where I was just like, this is unwatchable.”
41 / prediction
“We'll also do growth rounds because we think there's opportunity there, and we can break in.”
42 / recommendation
“I have since continued to read his stuff and I read Childhood's End. Have you read Childhood's End?”