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It may look like that, but that's not quite how we look at it :-). We think about it as trying to back the winners for sure, but being stage agnostic in our ap
by pmarca 13y ago
It may look like that, but that's not quite how we look at it :-). We think about it as trying to back the winners for sure, but being stage agnostic in our approach -- focus on identifying the best companies with the most amazing people and the biggest opportunities, and then invest regardless of stage. Internally we run very different evaluation processes for seed vs A/B vs growth of course.
- wamatt 13y agoWarren Buffett could be considered conservative, and having a generous aversion to all things tech. a16z, OTOH is almost on the opposite side of the spectrum when compared to Berkshire Hathaway. And yet, they both appear to following a similar fundamental principle: Invest in truly exceptional companies and people, at a good price. Rather than a good company, at an exceptional price. [1] [1] http://www.berkshirehathaway.com/letters/1989.html http://www.berkshirehathaway.com/letters/1989.html
- pmarca 13y agoThat's exactly what we're trying to do.