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From TrialPay, Affirm and a16z | Alex Rampell on Investing & Entrepreneurship | Ep. 7 IO Podcast

Andreessen Horowitz General Partner Alex Rampell may be the most true version of an investor-operator. Alex's first entrepreneurial endeavor started as a child when he built and sold shareware out of his parent's house. Eventually he added more businesses to his portfolio before launching the payment platform TrialPay after college and eventually Affirm. Today, Alex invests in some of the largest companies at Andreessen Horowitz and he shares with Tyler and Sterling what he looks for in entrepreneurs and shares tactical advice from his days building.

Chapters:

00:03:00 How Alex Started His First Company in Middle School

00:14:46 Investing in People: The Key to Startup Success

00:18:33 Building Relationships for Business Success

00:21:23 The Advantage of Naïveté in Entrepreneurship

00:26:41 Interconnected Attributes for Building a Successful Business

00:28:44 Building a Strong Entrepreneurial Framework

00:36:04 Mitigating Risk of Over-dependence on Initial Customers

00:42:20 The Battle for Market Dominance

00:46:05 The Crucial Role of Distribution for Startups

00:57:17 The Challenge of Convincing Buyers

01:00:38 Leveraging fear to drive successful acquisitions