Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

David Haber

πŸ‘€ Speaker
304 total appearances

Appearances Over Time

Podcast Appearances

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Starbucks, too, by the way.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Is that right?

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Yeah.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Oh, wow.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

I mean, a few others.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

They weren't all that successful.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

That's amazing.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

You might be the best retail venture capitalist of all time.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Yeah.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

I guess, how did you meet, you know, Jim Senegal and Jeff Brotman?

The a16z Show
Building Blackstone, Backing Costco, with Tony James

And then ultimately, like, what did you see in them at that time?

The a16z Show
Building Blackstone, Backing Costco, with Tony James

We'll get into it.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

I mean, again, the other amazing fact about your, you know, time with Costco is that you've been on the board, I think, 38 years, which is probably one of the longest tenures in American corporate governance that I can think of.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Why, like, what has Costco meant to you, you know, and why have you stayed on the board or, you know, affiliated for so long?

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Well, I mean,

The a16z Show
Building Blackstone, Backing Costco, with Tony James

I guess, what have you learned from watching Costco grow in terms of, you know, business building or, you know, they're so famous for culture, right?

The a16z Show
Building Blackstone, Backing Costco, with Tony James

And how they treat their employees and ultimately the value they deliver back to the end customer by keeping prices low and really making money through the membership more than they do on margin on the products.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

But I'm curious if, I mean, the business has grown obviously so much, I mean, from nothing, you know, to what it is today, you know.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

Yeah.

The a16z Show
Building Blackstone, Backing Costco, with Tony James

I know we originally met, I think, in the context of the Costco board meeting and