Ben Horowitz on TBPN: Three Decades with Marc and Building for the Long Game

Ben Horowitz of Andreessen Horowitz discusses the evolution of a16z's venture firm structure in response to technology's expansion across all sectors. He reflects on the enduring challenges of entrepreneurship, the importance of long-term partnerships, and the firm's emphasis on specialization and independence. Horowitz explains how a16z assesses new markets, adapts to rapid technological advancements, and maintains close relationships with founders while operating at scale. He shares his perspective on AI as a generational platform shift, noting its impact on company formation and investor judgment, and addresses concerns about a potential bubble by comparing the current environment to the late 1990s. He also touches on the potential negative impacts of wealth taxes in California, referencing Norway's experience.