“The first thing you had to do is forego a lot of your salary because you had to take the fee monies and build this platform to help entrepreneurs”

Andreessen Horowitz, Ben Horowitz · The a16z Show · What Makes a Great Entrepreneur? | Ben Horowitz on Vintage x Vintage

Play from 16:41
16:41

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What was described

forewent personal salary and used fee money to build a platform/network for entrepreneurs instead of focusing on LP returns

Said nearby on the same subject

“You will find one entrepreneur in your network, ask him for two more connections, those two can give you more”
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Christof Gomez
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“In exchange, you can have fee concessions… you're really taking that stake in exchange for providing material LP capital.”
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“I am working towards building agents to basically digest and help with data… you’re using Shopify analytics or GA, GA4, you’re using Adobe analytics and whatever platform, a triple whale… build an agent to distill all that down with action”
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Liberty Safe casey wiese
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How they work Share this moment
“‘What is highly correlated… is the LP meeting with you… I'd love to see the data on LP that's met with a GP 10 times. What percentage of those LPs end up investing?’”
♫
Said on How I Invest with David Weisburd
Contrarian take 10 meetings (implied high conversion) Share this moment

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