David George is a General Partner at Andreessen Horowitz, where he leads the firm’s Growth investing team. His team has backed many of the defining companies of this era, including Databricks, Figma, Stripe, SpaceX, Anduril, and OpenAI, and is now investing behind a new generation of AI startups like Cursor, Harvey, and Abridge.
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Timestamps:
00:00 Intro
01:24 Why Everyone is Wrong: Mega Funds Does Not Reduce Returns
07:13 The Biggest Advantage of Staying Private for Longer
11:02 Is Public Market Capital Actually Cheaper Than Private Capital?
22:42 The #1 Investing Rule for a16z: Always Invest in the Founder’s Strength of Strengths
30:23 Does Revenue Matter as Much in a World of AI?
30:54 Does Kingmaking Still Exist in Venture Capital Today?
43:48 Do Margins Matter Less Than Ever in an AI-First World?
47:01 My Biggest Miss: Anthropic and What I Learn From it?
48:15 Has OpenAI Won Consumer AI? Will Anthropic Win Enterprise?
52:50 The Most Controversial Decision in Andreessen Horowitz History
55:59 Why Did You Invest $300M into Adam Neumann and Flow?
59:17 Quick-Fire Round
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