3 clips
a16z Podcast · Anish Acharya
Anish Acharya reflects on missing Credit Karma as an investment opportunity, explaining how the company succeeded by tapping into people's psychological need to monitor their credit scores like looking in a mirror. He describes how this unexpected user behavior - with 100M+ users checking their scores 4 times per month on average - created a powerful business model for financial product sales.
TThe Full Ratchet
A venture capitalist shares two major missed investment opportunities from his anti-portfolio. He explains why he passed on Netflix in its early DVD-by-mail days due to lack of data on customer retention, and mentions another miss with Palantir through a Peter Thiel introduction.
TThe Pitch
A VC shares the painful story of passing on a promising startup due to a poor team meeting caused by technical difficulties with remote team members in Africa. The startup was later accepted into Y Combinator, and the VC now regrets the decision as they watch the company's continued progress through investor updates.
