Hi, everyone, welcome to the A6NZ podcast. Today, we're sharing some quick reactions to Google IO,

Google's annual developer conference where the company just announced a number of new platform

products for VR to messaging to the smart home. A16C deal investing partner, Kyle Russell,

discusses the news with A16Z's Benedict Evans, Connie Chan, and board partner Steven Sinovsky.

Over to Kyle.

So Stephen, yesterday Google announced quite a few different products and services.

Several cynical commenters on Twitter came out with the idea that, you know, hey, we've seen a lot of these things before. Oh, a computer you control with your voice in the home, bought that you

interact with to,

you know, interact with different services.

We've seen this before.

Why is Google showing all of this off now?

None of this feels new.

But you push back against that.

Why do you feel so strongly that, you know, this was actually a really exciting event for Google?

Well, because it was a really exciting event for Google.

There's no doubt about that.

I mean, they showed an unbelievable amount of stuff, and it was coherent and clear and innovative all at once.

And I think what people get confused by is that, like, how does innovation really happen?

And there's this view that, like, innovation is the same as invention. And that like you,

one day you don't have something and the next day you do. And that was innovation. But that's also

an invention. Like there's a day without Velcro and then there's Velcro. But not everything is

Velcro. And in fact, most things are very incremental steps. And in fact, most new things are like 90% old stuff,

...