Andy Rachleff is the ultimate Investor/Operator. Why do we say this?
Andy is the only person we know of who co-founded a top-tier VC firm and then co-founded a unicorn tech startup, in that order.
In this conversation Andy discuss product market fit (the term he coined originally), the differences between operating and investing, and he also shares some fascinating stories of some legendary companies like eBay.
00:00 Introducing the IO Podcast, Candid Conversations with Top Investors and Operators
04:05 Be ’Ambidextrous’, find new opportunities and optimize existing
06:22 How Andy got into VC
10:32 Significant Returns Come From Being Non-Consensus and Right
18:15 Product-Market Fit And The Desperate Market
31:07 Great CEOs layer new business on top of existing
