Ben Horowitz on Raising a New Fund and How Venture Firms Scale
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 9 January 2026
⏱️ 59 minutes
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| 0:00.0 | You know, when we started the firm, like a big idea that we had was that venture capital was disappointing as a product for an entrepreneur. |
| 0:10.0 | We always thought, wow, a much better product would be, give me, like, the network to be confident and the advice I need to run this fucking thing. |
| 0:21.1 | Today, we're sharing a few drop from Uncapped to Jack Altman featuring A16Z co-founder Ben Horowitz. |
| 0:27.0 | In this conversation, Ben reflects on one of the core ideas behind A16Z. |
| 0:31.6 | That venture capital as a product for founders often wasn't good enough. |
| 0:35.5 | And that a better model would be a firm built around a real network, real operating experience, and real support for entrepreneurs |
| 0:41.7 | building through the hard parts. Jack and Ben also get into Ben's 30-year relationship |
| 0:46.3 | with Mark Andresen, how the relationship works in practice, how they make decisions, and |
| 0:51.1 | how you scale a venture firm without losing the edge to actually help founders. |
| 0:57.5 | Ben, I'm really happy to be back here doing this. |
| 0:59.6 | I got to be in the same room with Mark earlier in the year and I'm really happy that you're doing this with me. |
| 1:04.1 | Right now, I'm glad to be here. |
| 1:05.6 | It should be some fun. |
| 1:06.8 | Can we start with your relationship with Mark? |
| 1:09.4 | Because I think it's like a super unique thing where you guys obviously work together, you know, running companies. |
| 1:15.1 | You've built this firm together. |
| 1:16.2 | You have a really unique relationship. |
| 1:18.1 | I can't think of that many examples where I feel like I've seen it in that sort of equal way for so long. |
| 1:24.2 | Can you talk about it a little bit? |
| 1:25.2 | We've been working together 30 years. |
| 1:31.5 | And I would say we're both different and complement and the same. And so not too complimentary. So that helps. He's kind of like, |
| 1:38.6 | we're a little more like relatives than anything else at this point. You know, working together |
... |
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