Ben Horowitz

Great, great human being.

And more importantly, great leader.

Yeah, well, that was the thing he could do.

He was the best at handling super talented, difficult-to-handle people of all times, no question.

And you can see it in the doc.

That's a lot.

Yeah, that's hard to take that credit.

He is amazing.

Yeah, so we started the firm back in 2009.

And at that time, there were a couple of ideas about venture capital that I would say we thought were dated.

One was, like, it was mostly an investment idea.

So the product for investors, LPs, was really good in that they had very high returns.

But the product for entrepreneurs...

I thought was like pretty bad and that they didn't do much for you other than give you money.

So that was kind of idea one that we thought we could just build a better product for entrepreneurs.

And then the other idea that was very, very kind of prevalent in venture capital was this idea that, you know, in any given year,

And the historical data really supported this.

There would only be 15 technology companies that would ever get to $100 million in revenue.

So the whole industry was just about getting invested in as many of those 15 as you could.

And that kind of just limited the size of the whole industry and the capital in the game.