First, as Sean O'Neill wrote, the “ability to propagate a viewpoint at scale is a new function in financial markets, and it is a big deal.” Firms like a16z are building media platforms. Individual VCs are present on Twitter, podcasts, and YouTube. Their ability to shape and amplify the narrative around portfolio companies can affect hiring, availab... See more
Auren Hoffman: It used to be that “who you know” — not “what you know” — held the most value. But in the last 15 years, it has become much more important to build something than to know people.