If you look at the firm now, what it is is it's a collection of the original Andries and Horowitz, where every market has a platform that's appropriate to that market and an investing team that is focused on that market. And I think that that's the future venture capital. We're in this phase where it's such a profound change that anything you do will work,

at least for a while.

And so it's kind of hard to pass on any deal in that way, so it's exciting.

What we care about is, is it a real breakthrough, and how big can we help make it?

Can it win the market?

Like, those are the things that drive us.

Today, you'll hear my 2023 conversation with Ben Horowitz,

co-founder of Andreessen Horowitz.

In this episode, I sat down with Ben to discuss what makes a firm last for decades,

how AI is built differently, and the future of venture in an AI-driven world.

Let's get into it.

Ben, thank you for being the first inaugural guest on the podcast.

Yeah, no, happy to be here. Thank you.

Ben, we're just talking up camera.

There's some firms that are great for 10 years and then struggle.

There's some firms that are great for 30 years, multi-decade.

What separates the firms you could do that and what enable them to be great?

Yeah, I think it's a combination of kind of the lasting parts, like the culture,

and then the parts that change like the leadership.

And so I think that, you know, if you just have a couple of

smart investors, but no culture to speak of, then you're probably not going to do a great

generational handoff. And, you know, that's probably 10 years. Is it kind of 10 years is a pretty good run for investors.

...