Alex Immerman @aleximm Twitter profile

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Alex Immerman

30 days

We are entering the new SaaS era, moving from Software-as-a-Service to Service-as-a-Software. Until now, software access has helped analysts do their job better. In finance, Bloomberg or Capital IQ improves employee productivity. But in the not too distant future, an AI agent

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Alex Immerman

@aleximm

26 days

OpenAI at $3.4b runrate revenue. Meanwhile, Accenture added $3.6b runrate GenAI bookings just last quarter.

martin_casado

@martin_casado

27 days

BuT A.I. CoMpAnIeS DoN't HaVe ReVeNue ...

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Alex Immerman

@aleximm

2 months

Most thought Bilt was a case of VC subsidies: "use this card and earn points on rent, sponsored by VCs!" In reality, its growth is subsidized by the third largest US bank. Wells is losing $10m/month on Bilt. But, how did Wells get here? The credit card market is saturated -

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Alex Immerman

@aleximm

2 months

Half of Delta's profits come from its Amex partnership, and it's a win for Amex too. Co-brand credit card partnerships can work. Delta is as much a fintech as an airline. Its Amex co-brand credit card spend is approaching 1% of US GDP. Amex pays Delta 4% of credit card spend,

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Alex Immerman

@aleximm

8 months

Yesterday I called Penn and asked for a refund on my 2023 donation. I have loved Penn for as long as I can remember. It prepared me for my career and gave me lifelong friends, my wife, and incredible memories. But I can no longer support the moral bankruptcy of its leadership.

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Alex Immerman

@aleximm

2 years

During team meetings, @pmarca loves to remind everyone that I am a Harvard MBA. Now I know for certain that has never been a compliment.

a16z

@a16z

2 years

@McKinsey @pmarca 2/ "The Harvard MBAs left for a while, at least until after the new hills were discovered—smartphones, social networking, Web 2.0, cloud [computing]. Then those people came back into tech. That’s why the nerds are predictive and the MBAs aren’t."

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Alex Immerman

@aleximm

3 years

Who says you need the Apple + Google App Stores? @AxieInfinity has reached incredible scale w/o them: - Grew from 38K daily active players in April to 1.8M in August - $2B+ volume traded on its NFT marketplace @a16z is amped to partner with @SkyMavisHQ !

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Alex Immerman

@aleximm

3 years

When friends ask what’s different about working @a16z , I often say “we actually care about our firm values” One cultural value: “We believe in the future and we bet the firm that way” As @bhorowitz explains, that’s why we raised $9B. Let’s go!!! 🚀🚀

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Alex Immerman

@aleximm

2 years

ICYMI @carrawu is a star and it has nothing to do with being 23. We @a16z are lucky to have her on our team.

How Carra Wu, a 23-year-old crypto investor, went from intern to Andreessen Horowitz partner in a...

Reflecting on how she broke into venture capital, Carra Wu, a crypto investor, said, "I climbed through a window."

www.businessinsider.com

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Alex Immerman

@aleximm

4 years

OH: “OMG, that firm paid 100x revenue for [hot startup] - what could they be thinking?” Founders & investors can obsess over near-term revenue multiples, but here’s when valuation multiples don’t matter in growth tech markets w/ @DavidGeorge83 👇

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Alex Immerman

@aleximm

2 years

Access to the best funds is often limited to institutions + high net worth individuals. Today that changes @titanvest - with a few clicks, anyone can invest in elite private funds like Apollo & Carlyle. You don’t need to be a titan to invest with titans!

Apollo, Carlyle launch funds on a16z-backed Titan as PE's retail push expands

Retail investors using Titan, the online brokerage backed by Andreessen Horowitz, can now allocate to private assets managed by alternative investment titans Apollo Global Management and the Carlyle...

money.yahoo.com

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Alex Immerman

@aleximm

9 months

On Wednesday night, we're hosting an event in SF to bring together the Jewish community & our allies and support Israel. We have 150+ confirmed. DM us if you’re interested in joining!

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Alex Immerman

@aleximm

2 years

Every company will be a fintech company... but they can't do it alone. @crossriverbank is the full-stack infra provider empowering every co to offer payments, cards, lending & crypto. @a16z is delighted to deepen our partnership with @GillesGade & team.

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Alex Immerman

@aleximm

6 months

Defense tech should not be controversial Very cool to see @mttgrmm @KTmBoyle inspire a packed house on why it’s important to build for America 🇺🇸🚀

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Alex Immerman

@aleximm

3 years

Hello Vietnam, Hello India!!! Excited by our @a16z investments over the last two days: @AxieInfinity by @SkyMavisHQ in 🇻🇳 @CoinSwitchKuber by @coinswitch in 🇮🇳

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Alex Immerman

@aleximm

2 years

I keep hearing "consumer fintech is dead." Yes, app downloads have declined y/y, but people are missing the bigger picture. Consumer fintech is actually "back to the trend line" with an upward long-term trajectory.

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Alex Immerman

@aleximm

2 years

Very cool to hear about all the innovation happening in my home state of NJ… and to teach @GovMurphy how to BeReal

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Alex Immerman

@aleximm

4 years

When I met @DavidBaszucki 3 yrs ago, I knew my nephew played @Roblox , but had no clue it was a cultural phenomenon. Since, the platform has grown massively and today @a16z is pumped to join the metaverse! Get @ me - my username is softwareeatingworld :)

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Alex Immerman

@aleximm

2 years

Pokémon is the largest grossing media franchise with $110B lifetime revenue, but loyal fans have had limited oppt'y to participate in IP appreciation @yugalabs flipped that model w/ @BoredApeYC providing a commercial license to all holders Power to the people! @ChrisLyons @a16z

chrislyons

@ChrisLyons

2 years

I am beyond excited to announce that @a16z crypto is leading the financing of @yugalabs and I'm joining the board. We look forward to helping the team continue to usher the next wave of creators and builders into web3 to define the future of culture and innovation. LFG! 🦍🦍🦍

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Alex Immerman

@aleximm

9 months

Happy Halloween from my team to yours! The @a16z growth open source absolutists. All your favorite LL(ani)M(als): llama, falcon, alpaca, beluga, flamingo, chinchilla, gorilla, camel, and dolly.

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Alex Immerman

@aleximm

1 month

I just met a consumer subscription co that calls Duolingo its closest comp. Of course, they do, Duolingo trades at 12x fwd revenue, the highest multiple in consumer. Duolingo has social media-like metrics even without p2p network effects: - 32% DAU / MAU at ~100m MAU - 90%+

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Alex Immerman

@aleximm

2 years

Nyc Marathon - bucket list ✔️ The city turned up and came out. Thank you family, friends and crowds!

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Alex Immerman

@aleximm

30 days

@hoomanradfar Old SaaS: Software increases productivity and is typically priced per seat. New SaaS: Software completes discrete job end-to-end and can be priced per task. Customers need to see an ROI - their gains need to be greater than the cost of the SaaS. Old SaaS was pricing against a

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Alex Immerman

@aleximm

2 years

Public fintechs are down ~75%, and we’ve heard lots of criticism of their dominant biz model: pay-as-you-go (PAYG). No doubt PAYG fintechs can be volatile & hard hit in a downturn, but this does not mean they cannot be quality co's. 👇 @justin_kahl @a16z

In Defense of Pay-as-You-Go | Andreessen Horowitz

Fintech companies with pay-as-you-go pricing have more revenue volatility, but they also align cost and value for a low barrier to adoption, fast and high rates of expansion, and strong customer...

a16z.com

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Alex Immerman

@aleximm

2 years

As investors, we’re privileged to meet & learn from thousands of companies. Drawing from that data, we’ve built the Guide to Growth Metrics to help founders & teams better understand which metrics matter and what they say about their scaling business.

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Alex Immerman

@aleximm

1 year

Had a great conversation w/ Pieter van der Does @Adyen , @anthonynoto @SoFi & @kaarmann @Wise earlier this year w/ the underlying theme that 2023 is the year of efficiency, what that means for public fintechs, & what private cos can learn. Read full convo:

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Alex Immerman

@aleximm

3 months

@kydoh hot off the press - very small n survey but those with access to waymo prefer it

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Alex Immerman

@aleximm

4 years

we @a16z continue to believe: - Software eating the world - Investing in the best companies, regardless of stage - Investing heavily in network development - The power of entrepreneurship Let's build! 🔨🏗️🚀

Fund VII and Growth Fund II | Andreessen Horowitz

Today we are excited to announce the closing of two new funds, bringing our total assets under management to nearly $16.5 billion. While many things in our industry have changed since we started the...

a16z.com

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Alex Immerman

@aleximm

4 months

5 years has flown by since @skupor coined "Late Stage Venture" as our then new growth investing practice at @a16z . Grateful for the last five years and to keep building with this crew. It's time to build and scale!

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Alex Immerman

@aleximm

1 month

if you're a @saltandstraw die-hard, today is the best day of the year. and if you're not, we still all need some ice cream after last night. welcome to berries month 🍓🫐🥧

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Alex Immerman

@aleximm

27 days

High churn consumer companies can earn high profit margins. The question is can they do so without organic adoption? 90% of Airbnb’s guests come via organic. 90% of Duolingo’s growth is organic. 80% of Robinhood’s new funded accounts are organic or referral. All highly

Sasha Kaletsky

@SashaKaletsky

30 days

I have often heard from VCs that high churn consumer businesses can definitively never succeed. This perspective lacks nuance. Their argument goes that eventually the marketing cost to replace churned customers becomes too big, and eventually revenue withers away. But to me,

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Alex Immerman

@aleximm

11 months

The opportunity for AI-native consumer services could soon be 5-20x+ bigger than the current digital offerings. Personalization is why @jamiedsully @a16z :

Let’s Get Personal: Why AI Will Unlock a Massive Market for Online Consumer Services

AI is creative massive opportunities for startups by making it possible to build scalable online experiences that replicate the benefits of being in person.

a16z.com

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Alex Immerman

@aleximm

11 months

As consumer investors, we generally look for companies that have 3x+ LTV/CAC. Going from 2x to 3x LTV/CAC means more oppty for reinvestment and building compounding advantage... and 2x higher margins and 3x valuation! Read more here @jamiedsully @a16z

Why Do Investors Care So Much About LTV:CAC? | Andreessen Horowitz

Because improving your LTV:CAC from 2x to 3x can nearly triple your valuation.

a16z.com

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Alex Immerman

@aleximm

5 years

Thrilled to join @a16z and get the band back together with @DavidGeorge83 ! 🎺🎷🎸

David George

@DavidGeorge83

5 years

Excited to announce the close of our Late Stage Venture fund! We'll be partnering with entrepreneurs at later stages with a venture-like mindset and support in their company building and scaling!

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Alex Immerman

@aleximm

3 years

I politely declined Mr. Goldberg

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Alex Immerman

@aleximm

4 years

1.3M lives are lost globally each year to roadway accidents, and 94% of crashes involves human error. @Waymo is working to make it safe and easy to get around without the need for anyone in the driver’s seat - excited @a16z is along for this ride! 🚗🚚

The Wall Street Journal

@WSJ

4 years

Waymo has raised $2.25 billion to fuel its driverless-car enterprise, the first time it has taken outside money since Google began to develop the technology more than 11 years ago

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Alex Immerman

@aleximm

10 months

I hate the Celtics, but Jaylen Brown won a place in my ❤️ last night Called “too smart” for the NBA, he cared about school, played chess… he knew his worth and entered the draft w/o an agent (why pay 4%!) Look at him now, the highest paid player and leads an MIT fellowship 👏

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Alex Immerman

@aleximm

3 years

Non-fungible tokens are having a “moment” (pun intended!), but @dapperlabs has long been the pioneer. First, @CryptoKitties , then Flow and @nbatopshot , and much more to come. We @a16z are thrilled to double down on our partnership with @rohamg & team!

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Alex Immerman

@aleximm

15 days

Wealth mgmt is one of the largest verticals: US advisor mediated assets are $26t. But its largest pure play software provider was acquired for only $4.5b. 10 days ago, Envestnet announced its sale to Bain Capital. The software provider works with 100k+ advisors and 48 of largest

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Alex Immerman

@aleximm

2 years

When asked who were the most impressive people I met in business school, I always include @saraduit . But important detail: she was a freshman in undergrad.

Sara Du

@saraduit

2 years

my parents immigrated w/ literally $100 & raised me in ATL. i taught myself to code, barely got into Harvard (ask me abt the ripped👖), & dropped out so im v grateful & excited to share that @a16z did our $20M series a 😭 truly feels like a 🇺🇸 dream

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Alex Immerman

@aleximm

2 years

Moving money should be fast and w/o risk @sardine ensures just that and has quickly emerged as key payments infrastructure across traditional & decentralized finance @a16z growth is thrilled to continue to support @soupsranjan & team in this next phase

Sardine raises $51.5M led by a16z to sniff out fishy fintech transactions | TechCrunch

Sardine uses behavioral, financial and device-specific user data to detect fraud on behalf of its clients in the crypto and fintech industries.

techcrunch.com

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Alex Immerman

@aleximm

1 year

We're all familiar with the ‘22 story: a shift from growth at all costs to efficient growth. We saw growth drop ("2x growth is the new 3x"), & sales + overall efficiency suffer. We ran the #'s on the "2022 effect" so companies could understand how these shifts impacted metrics:

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Alex Immerman

@aleximm

2 years

On Day 3 in Vegas, I just finished a morning run around the Strip. AMA.

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Alex Immerman

@aleximm

4 months

Happy @JenniferHli day. She would shy away from the attention of her promotion news trending on X, but there's no one more deserving. We @a16z are lucky to work with her.

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Alex Immerman

@aleximm

1 year

Favorite morning theme @a16z AI Revolution: the acceleration of creation. Games from @DavidBaszucki , design from @zoink . The world is about to get a lot more fun.

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Alex Immerman

@aleximm

3 years

It's been an incredible ~3 years since we began the @a16z Growth journey. But everyday, it still feels like we're just getting started 👇

David George

@DavidGeorge83

3 years

Excited to share some firm news, and a mini-thread on @a16z Growth! 👀

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Alex Immerman

@aleximm

2 years

The US Fed recently announced its long anticipated real-time payment network FedNow is launching in May or June 2023. We explore here what FedNow could mean and any lessons from Brazil's PIX. cc @seema_amble @santiago__rdz @a16z

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Alex Immerman

@aleximm

7 months

The average consumer's AI exposure is limited to ChatGPT. But what about the countless cool models & products released each week? That is why @a16z is excited to invest in @Quora , creator of @poeplatform , the leading multi-modal AI aggregation layer.

Investing in Quora and Poe

What will it take for AI to go mainstream with consumers? Effective model aggregation, a better UI, and a powerful platform for creators. Enter Poe.

a16z.com

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Alex Immerman

@aleximm

4 years

Even before COVID-19 but more so now, many lower gross margin companies are not being well-received. We’ve observed a bifurcation in the market of “haves” & “have nots”: those w/ high gross margins are worthy of investor attention 🔦, but those w/o are quickly dismissed 🛑 /1

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Alex Immerman

@aleximm

1 year

There is no bigger champion of network effects than @jeff_jordan And there’s no bigger team player. So much so we @a16z assess talent using the Jeff Jordan criteria: must describe their past accomplishments as “we” rather than “I” Well, we were lucky to call you our partner 🙏

Jeff Jordan

@jeff_jordan

1 year

I’ve adored my time working in the technology start-up world, as an operator and an investor. Magic happens with absurdly high frequency here! Now, after 12 years at @a16z , it’s time for the next adventure. To the a16 team, the founders we’ve funded and our LPs – thank you for

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Alex Immerman

@aleximm

3 years

The traditional US banking system is broken. In the US alone, the top 100 consumer banks are worth $2.5T and the top 4 are $1.1T. Yet, they consistently have negative and low NPS scores. Why is there such a mismatch between consumer demand and available products?

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Alex Immerman

@aleximm

3 years

Anyone who met @joepercoco @virtualclay at @Penn knew this duo was destined for world domination. 13 years later, I am fired up @a16z is partnering with @titanvest , the new-guard investment platform bringing premier active mgmt to the everyday investor

Investing in Titan | Andreessen Horowitz

Over the last decade, consumer investing strategies have generally fallen into one of two buckets: either passive investing through ETFs and robos (e.g. Wealthfront, Betterment) or active DIY...

a16z.com

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Alex Immerman

@aleximm

9 months

It is insane that in 2023 my health insurer @Cigna will only mail checks and cannot support digital reimbursement.

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Alex Immerman

@aleximm

4 years

Agree @WarrenBuffett “never bet against America” but can someone get you a @figmadesign account?

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Alex Immerman

@aleximm

3 months

I swear @davidu likes me.

Aria Alamalhodaei

@breadfrom

3 months

"The people that really aggressively try to get jobs at Andreessen Horowitz tend to be more of the finance, banking people," said @davidu . "But we really like to have strong technologists."

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Alex Immerman

@aleximm

4 years

In March 2019 @HarvardHBS , I insisted my friend @vjkedar let @DormRoomFund invest in his vision for home-based healthcare. He was running a NYC based company, so I plead $20K could (at least) cover his weekly trains. My begging was unsuccessful ☹️

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Alex Immerman

@aleximm

2 months

This clip is telling. Louder applause for taxing @Waymo than for amazing technology that will save lives. We have a long way to go, let's be on the side of progress.

Ron Pragides 

@mrp

2 months

HAVE YOU RIDDEN IN A @WAYMO ? @AaronPeskin : No! But I did tax them! @LondonBreed : I haven’t ridden in one yet @DanielLurie : I rode in a Cruise before… @MarkFarrellSF : It’s an incredible experience! @Ahsha_Safai : I have not.

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Alex Immerman

@aleximm

2 years

. @frasergeorgew nerd sniped many growth investors with his blog “NRR doesn't matter" While the title may be clickbait, it contains an important point: if new customer growth exceeds growth from expansion, long-term growth converges to new customer growth.

NRR doesn't matter | Blog | Fivetran

What does this mean for those of us managing or trying to understand fast-growing companies?

www.fivetran.com

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Alex Immerman

@aleximm

2 years

How to get a job in VC? Submit an app on the job portal. We @a16z are fortunate @kimberlywtan did just that.

Kimberly Tan

@kimberlywtan

2 years

1/ Hello world – today is my 3 year anniversary investing at @a16z ! A lot of people ask me how I got into venture: truth is I cold-applied to a16z on LinkedIn when I was 23 without any experience in tech. Sharing a bit of my story below 🙂

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Alex Immerman

@aleximm

3 years

If you know @sarahdingwang , you know she goes deep on diligence. Customer after customer: “I can’t live without @sourcegraph , but I didn’t know I needed it until I tried it.” Thrilled @a16z is supporting Sourcegraph's mission of bringing universal code search to every developer

Sarah Wang

@sarahdingwang

3 years

1/ I’m thrilled to share that @a16z has invested in @Sourcegraph to partner with @sqs and @beyang to bring universal code search to every developer. A thread 👇👇👇

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Alex Immerman

@aleximm

1 year

At business school, you constantly consider the "Wall Street Journal Test." Would you be comfortable if something you did appeared on the front page of the WSJ? Congrats to my friend & classmate Matija Pecotić for more than passing that test!

He’s a Harvard M.B.A. Who Works in Real-Estate Investing. But Can He Beat Novak Djokovic?

Matija Pecotić has become a tennis sensation despite—or because of—his considerable day job. Now he reveals what he’s doing next.

www.wsj.com

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Alex Immerman

@aleximm

3 months

🚨 thrilled for our latest @a16z Growth investment - let’s go Wiz!!!

Sarah Wang

@sarahdingwang

3 months

We are thrilled to announce that @a16z Growth invested in @wiz_io -the cloud security platform revolutionizing how companies secure the cloud. Wiz is 1 of the fastest growing companies we’ve ever seen, but here’s why we believe the best is yet to come 👇

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Alex Immerman

@aleximm

6 months

In internal @a16z debates, we often say “what would that Dixonian framework suggest?” @cdixon is a one-of-a-kind thinker who can take the complicated (& sometimes intimidating) and distill into digestible. It’s cool the rest of world can experience that through Read Write Own.

cdixon.eth

@cdixon

6 months

My new book is finally here -- published today in the U.S.! 🟧 I hope you pick it up, share it, debate it with me. Looking forward to your feedback. More editions in more languages coming soon.

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Alex Immerman

@aleximm

18 days

russian hill has you covered

John Melas-Kyriazi

@jmelaskyriazi

18 days

The Marina needs a Salt & Straw.

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Alex Immerman

@aleximm

3 years

There's a conference this week not named Art Basel or re:Invent. And it's critical to our national security Hoping for real action coming out of Reagan National Defense Forum! #RNDF2021 👇 thread from one of my newest colleagues (and forever @anduriltech champion) @KTmBoyle 🇺🇸

Katherine Boyle

@KTmBoyle

3 years

To those at Reagan National Defense Forum #RNDF , if there’s one BLUF you take away from the weekend, you should know: Time is running out with Silicon Valley.

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Alex Immerman

@aleximm

4 years

It comes as no surprise that @DormRoomFund has a strong presence on the #ForbesUnder30 ! I'm not sure who is most proud, @themollette , @ImChauncey or @shawnxu ... Shoutout to my former Boston teammates @aaaaathena @phillipHbh who definitely will be celebrating with apple cider 🍾

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Alex Immerman

@aleximm

2 years

The rapid rise in interest rates has been a blessing for fintech companies holding customer cash balances. Take examples of @Wise or @RobinhoodApp - a few percentage points on ~£9b or ~$4b deposits is meaningful interest income!

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Alex Immerman

@aleximm

5 years

When I saw this tweet 10 weeks ago, I rushed to ask @davidu about the company. Sure enough, we at @a16z had to correct our mistake and today are thrilled to announce our partnership with @day_dree and the @WorkboardInc team :)

Investing in WorkBoard | Andreessen Horowitz

Running a business is hard — there are many things a team could be doing, but only a small number they should be doing. Organizations waste a lot of mental calories figuring out where to focus and...

a16z.com

David Ulevitch 🇺🇸

@davidu

5 years

Couldn’t get to conviction on a deal a year ago and told the founder “I look forward to catching up in a year and feeling stupid for not doing this deal.” Caught up with founder yesterday. Yep, I feel stupid. I now get to try and pay twice the price for less equity. 🤦🏻‍♂️

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Alex Immerman

@aleximm

2 years

PUMPED to welcome @morrisseyjoe to our @a16z growth team! Joe has seen it all in enterprise - across apps and infra, from bottoms up to top down sales - and beyond his extensive experience, brings a calm & soothing Irish accent 🍀🍀

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Alex Immerman

@aleximm

20 days

Did a vertical software customer call where the customer said her expert network earnings more than offset the cost of the software itself. Nice ROI.

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Alex Immerman

@aleximm

3 years

The best way to learn is by doing If you're a student considering VC, apply @DormRoomFund Check out just six of the Boston partners during my tenure and you'll understand why: @WillManidis @athenakan_ @saraduit @josephwandile @thisiszann @ClaireSmilow

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Alex Immerman

@aleximm

5 years

Women earn ~60% of US bachelor's, and nonwhite students more than 1/3. Yet these groups received ~3% of VC funding in 2018. Thrilled @DormRoomFund is supporting @HarlemCapital 's mission to change the face of entrepreneurship.

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Alex Immerman

@aleximm

4 years

Don't get me wrong: I love high gross margin businesses. They can spend more % of revenue on growth 🚀+ product dev 💻 and tend to have higher cash flow margins. But over-rotating on gross margins is myopic. And why @DavidGeorge83 and I wrote about it: /2

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Alex Immerman

@aleximm

10 months

🇮🇱

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Alex Immerman

@aleximm

2 years

Over recent months, twittersphere has ruminated on the changing market conditions. We keep having conversations w/ founders about what this means: "how should we think about funding when capital isn't cheap?" Some takeaways @DavidGeorge83 @shangdaxu 👇

Funding When Capital Isn’t Cheap | Andreessen Horowitz

When capital becomes more expensive, how do you evaluate and decide on the best financing option for your company?

a16z.com

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Alex Immerman

@aleximm

5 years

After spending nearly 2 years in a long-distance relationship with @TaliaGold , I can attest she is an expert in remote work and distributed teams ❤️

Talia Goldberg

@TaliaGold

5 years

Thanks to “always-on” computers in our pockets and the proliferation of collaboration software like @Zoom and @Slack , work isn’t a destination as much as it is a state of being. 1/

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Alex Immerman

@aleximm

4 years

Everyone should have access to financial markets. But, incumbent consumer finance apps are poorly designed, expensive, and mistrusted. @RobinhoodApp is changing all of that, and we @a16z are delighted to support its latest financing 💸 Join the ride!

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Alex Immerman

@aleximm

29 days

The first time I met @gsivulka , we bonded over our love for Microsoft Excel. We were both introduced to Excel in grade school with basic calculations, tables, and charts, and later learned the depth of the software for our day-to-day work: conditional equations, iterative

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Alex Immerman

@aleximm

3 years

#1 bank KPI is return on equity (ROE). Banks are required to reserve capital against loans & derivatives they sell (think collateral). That reserved capital can't generate returns... until @Capitolis_Inc ! 👇 Investment led by @arampell to "Airbnb" banks & capital markets.

a16z

@a16z

3 years

Announcing our investment in @Capitolis_Inc , a company that is addressing the most important challenges capital markets face & optimizing the solutions to make banks more efficient. Read more from @arampell on Gil Mandelzis, @tglocer , & the Capitolis team:

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Alex Immerman

@aleximm

3 years

Soon we're going to see @loom "the record button for the internet" across all our favorite apps 🚀 Also cool to see my friends @hugoproduct be one of the first to implement! 👋 @joshlowy @darrenchait

Loom

@loom

3 years

Introducing the loomSDK public beta: the record button for the internet 🎯 🛠 World-class video tech ✅ Easy to implement — & free! 🎥 Users record, embed, & view Loom videos in your app 👨‍🎤 @Trello @MiroHQ are buildin' with it More on @ProductHunt :

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Alex Immerman

@aleximm

4 months

Had a fun convo with @immad and @rlacerte We chatted about the impact of genAI across fintech and how they maintain culture + retain & recruit top talent at @mercury and @billcom

Forecasting Fintech’s Future and Keeping Culture Alive: A Q&A with the CEOs of BILL and Mercury |...

a16z’s Alex Immerman chats with Mercury cofounder and CEO Immad Akhund and BILL CEO René Lacerte about fintech's future.

a16z.com

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Alex Immerman

@aleximm

1 year

One of the top questions we get from growth stage founders is when & how to hire their execs. Today, @a16z Growth published a guide to help founders navigate the intricacies of exec hiring.

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Alex Immerman

@aleximm

2 years

At first glance, many think of @sardine as another "point solution in a sea of other KYC solutions" (fortunately @astrange fixed this mistake!). Excellent teardown from @mariogabriele on the co's ambitions across fraud, payments & broader risk insights.

Sardine: Fintech’s Great Detective

The rapidly scaling startup is more than just a fearsome fraud prevention platform for fintech and crypto. It’s laying the foundation to become a payments giant.

www.generalist.com

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Alex Immerman

@aleximm

5 months

The 2024 debate is not whether AI should be in your co's strategy (answer = yes) The debate is how to price AI: within the core offering, as part of an upgrade tier, or as an add-on? Here's what we've learned so far @sarahdingwang @TugceErten2022 @a16z

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Alex Immerman

@aleximm

3 years

Hybrid work is undeniably here, and @loom has become the critical layer for async communication. Just try sending one... there are few enterprise products as viral and 😃😃 worthy. Pumped @a16z is partnering with @yoyo_thomas @vhmth + the Loominaries.

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Alex Immerman

@aleximm

3 years

Sarah is thoughtful, diligent and grounded, yet optimistic, supportive, and smiling 😃😃😃 Congrats @sarahdingwang - I’m excited to continue on this @a16z journey with you!!!

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Alex Immerman

@aleximm

2 months

@arjunkhemani rumor @elonmusk is opening office in japan

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Alex Immerman

@aleximm

1 year

Lot of haters on the "creator economy" and "prosumer" but a couple monster co's publicly sharing #s : Canva (Mar-23): - $1.6b annualized revenue - 125m users OnlyFans (2022): - $5.5b gross volume, 80% to creators - 3.2m creators - 239m fans

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Alex Immerman

@aleximm

8 months

Biased, but it's really fun to read through all the @a16z Big Ideas for 2024. Long live techno-optimism.

a16z

@a16z

8 months

How will tech change our world in 2024? We asked over 40 investment partners across a16z to preview one big idea they believe will spur innovation over the next year.

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Alex Immerman

@aleximm

2 years

Global supply chains are lucky to have @typesfast + @flexport . One of the most ambitious founders tackling one of the most pressing problems in one of the world's largest markets.

David George

@DavidGeorge83

2 years

Excited to announce @a16z Growth’s investment in @Flexport and @typesfast ! Getting goods from Point A to B is one of the most complex problems in tech, and Flexport is building the leading tech platform for global logistics. cc @BobSwan . More below! 👇👇

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Alex Immerman

@aleximm

4 years

🙏🙏 but it’s easy to make introductions for a person everyone wants to meet with. @hpierrejacques and his partner @jarridvtingle are hungry, kind, and razor sharp and literally changing the face of entrepreneurship @HarlemCapital . Everyone should and does want to meet them.

Henri Pierre-Jacques

@hpierrejacques

4 years

My @HarvardHBS classmate @aleximm pushed for us to be the 1st fund in @DormRoomFund . He introduced me to @joshk who has had a huge impact on @HarlemCapital . And lastly he introduced me to someone that led to the @apple partnership. Thank you Alex 🙏🏽 You are my connector

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Alex Immerman

@aleximm

3 years

Responding to more consumer friendly challenger banks (👋 @current ), Capital One is eliminating overdraft fees, costing ~$150M revenue US banks will still earn $33B in related fees this year, but it's awesome to see dominoes falling and $ back to primarily lower income consumers

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Alex Immerman

@aleximm

3 years

Lot written about @DoorDash 's 2020 ascendency, but not enough about what they did for their community: If you're a DoorDash restaurant, your odds of surviving was 8x better than all US restaurants If you're a Dasher, you're making $8K of annualized supplemental income 👏👏👏

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Alex Immerman

@aleximm

8 months

It turns out that to be on the @a16z podcast, only one participant can have an X handle that relates to an actual name. Fun to share my 2024 Big idea alongside @illscience @Tocelot @zebird0 !

a16z Podcast

Voice-First Apps, AI Moats, Never-Ending Games, and Anime. We asked over 40 partners across a16z to preview one big idea they believe will drive innovation in 2024. Here in our 3-part series, you’ll...

a16z.simplecast.com

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Alex Immerman

@aleximm

3 years

Both of the following are true about @nbatopshot : - one of the fastest growing internet marketplaces - built on Flow, a novel blockchain designed to support scalability & performance Yes, a crypto app is a mainstream cultural phenomenon. Just ask @KDTrey5 or @joshhart .

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Alex Immerman

@aleximm

1 month

@pmarca “I fast everyday from 9am to 12pm”

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Alex Immerman

@aleximm

2 years

For fintech founders, @rexsalisbury is a hustler you'd love to have on your team.

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Alex Immerman

@aleximm

4 years

Hey #VCTwitter , sign up to be a mentor for #BlueprintInvestorTrack this summer - a 6-week masterclass for Black, LatinX & Indigenous student investors run by @DormRoomFund & @HBCUvc . They're seeking mentors to participate. Apply here cc: @JCDorsainvil

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Alex Immerman

@aleximm

30 days

Read more about why we’re so thrilled to partner with @gsivulka and the @HebbiaAI team:

Investing in Hebbia | Andreessen Horowitz

We are entering the new SaaS era, moving from Software-as-a-Service to Service-as-a-Software. Until now, software has helped knowledge workers do their jobs better: Bloomberg or Capital IQ for...

a16z.com

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Alex Immerman

@aleximm

4 years

Don't sleep on @PayPal - approaching $1T annualized payment volume, growing 30%! Q2 transactions rivaled that seen between Thanksgiving and Cyber Monday and organic net new active accounts grew by 2x the largest prior quarter. Oh yeah, and 42% free cash flow margins 💸💸💸

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