Alex Rampell is a General Partner at Andressen Horowitz, where he leads their $1.7BN apps fund. Just last week, a16z announced they had raised $15BN for their latest funds, over 20% of all capital raised by venture firms. At a16z, Alex has led deals into Plaid, Mercury and OpenDoor to name a few.
AGENDA:
04:55 How to Do 5x on a $15BN Fund Pool?
09:21 What Two Groups of Funds Will Win the Next Decade in VC?
14:39 What Three Things Are the Best Founders Able to Do?
19:22 The Best Companies Have Hostages, Not Customers
31:37 The Two Types of Deals You Want To Do In VC
38:52 The Importance of Founder/Capital Fit
40:34 Multiple Successive Rounds Are Dangerous… Here is Why?
42:13 Challenges of High Valuations
45:27 The Importance of Ownership in Deals
52:47 Is Triple, Triple, Double, Double Dead
58:33 Advice on Selling Companies
01:11:55 What is the Future of Venture Capital