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The a16z Show

Stories of Startup Survival Mode

The a16z Show

a16z

Business, Software Eating The World, Culture, Innovation, Disruption, Entrepreneurship, Science, Technology

4.21.2K Ratings

🗓️ 26 May 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

The story of startups is often a story of survival. What do you do when the markets go down? When your biggest customer churns? When your big product launch falls flat? Ben Horowitz and Jason Rosenthal share stories and lessons learned from doing whatever they could to help their companies survive in hard times.

Transcript

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0:00.0

The story of startups is often a story of survival.

0:03.4

What do you do when the markets go down,

0:05.5

when your biggest customer churns,

0:07.5

when your next major product launch falls flat,

0:10.4

and as a CEO and leader, how do you make the right call that helps you live to fight another day?

0:16.0

In this episode from February 2017, Ben Horowitz and Jason Rosenthal

0:21.0

shares stories and lessons learned from doing whatever they could to help their

0:25.2

companies survive in the hard times, including making and living through major pivots,

0:30.6

selling new products before they were ready,

0:32.5

figuring out financing with market and industry headwinds against them,

0:36.5

and more.

0:37.5

From their days together at Loud Cloud

0:39.9

to Jason's experience at LITRO and beyond,

0:42.7

a common theme emerges.

0:44.6

A CEO's job is lonely in these moments.

0:47.5

And the hardest thing about a big pivot or change

0:50.2

might be in finding the courage

0:51.7

to make the decision in the first place.

0:54.8

Hi everyone, welcome to the A6 and Z podcast. I'm Sono. I'm here with Ben Horowitz and

0:59.5

Jason Rosenthal, CEO of LITRO, and we're sharing some founder war stories today focusing on the theme of

1:05.4

pivots especially since pivot is one of those overused and now seemingly

1:08.9

innocuous words that has lost a lot of meaning for a lot of people.

...

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