Keep pulling the thread on Alex Rampell.
Andreessen Horowitz recently raised $15 billion for its venture funds.
Alex Rampell predicts that only about 5% of the current class of "unicorn" startups will ever be able to go public.
Of Andreessen Horowitz's recent fundraising, nearly $7 billion was allocated to its growth fund.
Ribbit Capital's first fund, an $85 million vehicle, generated a 55x return for its investors.
An $8 million fund from the accelerator AngelPad generated a 120x return (DPI).
Alex Rampell predicts that by 2025, a dominant software product could lose its market share to a competitor in a matter of weeks due to the accelerating pace of innovation.
Alex Rampell believes large secondary sales for founders are detrimental because they create a misalignment of incentives between the founder, their employees, and their investors.
Alex Rampell's investment strategy is to either take any ownership percentage in a company that is "absolutely working" or to secure high ownership in a company that only "could work."
Alex Rampell believes companies like Zendesk are highly vulnerable to AI, as automated agents could reduce the need for human support seats to zero, potentially causing revenue to decline by 100%.
Alex Rampell missed investing in Plaid's Series B over a $5 million valuation difference, but later led the Series C at a $2.4 billion valuation.
Alex Rampell believes that the successful development of functional robotics will expand the total addressable market for technology and venture capital by a factor of 100.
Alex Rampell leads Andreessen Horowitz's $1.7 billion Apps Fund.