a16z Podcast: Principles and Algorithms for Work and Life
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 21 April 2018
⏱️ 50 minutes
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| 0:00.0 | Hi everyone. Welcome to the A6 and Z podcast. I'm Sonal. Today's episode is based on a conversation |
| 0:05.6 | we recorded previously with Ray Dalio, author of the book Principles, Life and Work. The book |
| 0:10.9 | originated as an internal company document that was posted online years ago and has been shared |
| 0:15.6 | widely since. It was expanded and published as a book for a more general audience late last year. |
| 0:20.8 | Dahlio is a founder, chairman, and co-chief investment officer of Bridgewater Associates, |
| 0:25.9 | one of the top private companies in the U.S., which manages over $150 billion and has made more money for clients than any other hedge fund. |
| 0:33.2 | And so also joining to host this conversation is A6 and Z general partner Alex Rampel, who covers |
| 0:38.0 | our FinTech vertical, among others. |
| 0:40.5 | Together, we discussed with Ray many of the themes of the book, from the vantage point of VC |
| 0:44.6 | and small startups, to big company culture, to just overall self-development, which is why this |
| 0:49.7 | episode is also part of our broader ongoing series on leadership. |
| 0:53.4 | You'll hear Alex's voice first, |
| 0:55.2 | where we begin with the origin story of The Chicken Nugget. So I love the book, and I told my kids, |
| 1:02.1 | I do this every morning, what am I doing for the day? And I didn't know how to describe, |
| 1:05.9 | this is what I told my 8-year-old, you helped invent the chicken nugget. I'm glad you told me that because I can use that with my four-year-old grandson when he gets... No, you know what I'm saying? My eight-year-old loves |
| 1:15.9 | chicken nuggets. Like, I actually have tricked him into thinking that McDonald's is normally closed. |
| 1:20.3 | It's like, oh, it's closed on Sunday. Oh, it's closed on Saturday. So, like, he goes for his birthday because otherwise he'd want to go every day. So I was like, you know, actually the guy today invented the chicken nugget. |
| 1:27.6 | He was like, no, actually didn't really invent it, but he was responsible for the introduction. |
| 1:31.6 | So he was very, very excited. |
| 1:32.7 | Actually, he wanted to know if you could sign or give him a chicken McNuggett, if I would bring him back on. |
| 1:36.0 | With a Sharpie. |
| 1:37.1 | Well, I mean, I don't really, you didn't actually invent the chicken. I was just going to correct that because all of a sudden will be all over the media and people who have dietary problems will sue me or something. |
... |
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