A16z Podcast

In this episode Jack Altman, CEO of Lattice and host of Uncapped, interviews Marc Andreessen on how venture capital is evolving — from small seed funds to billion-dollar barbell strategies — and why today’s most important tech companies don’t just build tools, they replace entire industries. They cover:The end of “picks and shovels” investingWhy missing a great company matters more than backing a bad oneThe power law math behind fund size and asymmetric returnsAI as the next computing platform — and a test for Western civilizationPreference falsification, media power, and what founders can’t say out loudThis is a conversation about ambition at scale, the structure of modern venture, and the deep forces reshaping startups, innovation, and power.Resources: Listen to more from Uncapped: https://linktr.ee/uncappedpodFind Jack on Xhttps://x.com/jaltmaFind Marc on X: https://x.com/pmarcaFind Uncapped on X: https://x.com/uncapped_podTimecodes: 00:00 What You Can’t Say  01:20 Founders, Funders, and the Future  02:00