• Why blockchains need privacy for apps
    Feb 1 2025

    with @1HowardWu @SuccinctJT @rhhackett

    Welcome to web3 with a16z. Today’s show is all about privacy, why it matters, and how to achieve it technically onchain.

    It's fair to say that many blockchains today are quite… revealing. But that openness and transparency doesn’t work for everything — who would want anyone to have full-on X-Ray vision into your finances? That’s one reason why there’s been a growing appreciation for — and trend toward — more blockchain privacy.

    Our guest today argues that there are many other reasons you might want some secrecy too, including a whole host of onchain applications and uses that only become feasible when you have a notion of privacy. That guest is Provable Cofounder and CEO Howard Wu who helped invent the protocols behind and build Aleo, a privacy-focused blockchain network. Wu joins a16z crypto Research Partner Justin Thaler, who is also a computer scientist at Georgetown University (as well as the brains behind the cutting-edge, open source zkVM Jolt), plus me, your host, Robert Hackett.

    The first voice you’ll hear is mine, then Howard’s, then Justin’s.

    As a reminder, none of the content should be taken as investment, business, legal, or tax advice. Please see a16z.com/disclosures for more important information, including a link to a list of our investments.

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    41 mins
  • How This Foodie Founder Is Revamping Restaurants
    Jan 24 2025

    with @benleventhal @AriannaSimpson

    Welcome to web3 with a16z. How many of you are regulars at a favorite cafe, bar, or dinner spot? Probably a lot of you — but if you’re not, well, our guest today aims to make you one.

    This episode features Ben Leventhal — the founder and CEO of BlackBird, and formerly the founder of Resy and Eater. In it, he shares his journey as a serial entrepreneur in conversation with a16z crypto General Partner Arianna Simpson.

    Ben shares hard-won lessons learned in company-building, including navigating in wartime; the difference between measuring vs feeling when it comes to defining success; and more.

    Today’s conversation originally took place in the fall at our CSX Crypto Startup Accelerator in New York. We're currently accepting applications for our next cohort in the spring in San Francisco. Visit a16zcrypto.com/csx for more information and to apply.

    As a reminder, none of the content should be taken as investment, business, legal, or tax advice. Please see a16z.com/disclosures for more important information, including a link to a list of our investments.

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    1 hr
  • Social Media Secrets: How to Build Your Presence
    Jan 13 2025

    with @0xgaut @ishverduzco @rhhackett

    Welcome to web3 with a16z. Today we’re talking about how to make social media work for you, rather than overwhelming you.

    Whether you’re a startup founder, creator, avid doomscroller, or longtime lurker, this show has tips and tactics you can use to attract attention, build a following, and level up your online presence.

    In this episode, we cover what to do and what not to do, how much of your authentic self to bring to the table vs. merely playing to the algorithms, turning your interests and obsessions into viral hits, and what standup comedy has to do with the art of posting.

    Our guest today is Gauthier Le Meur, aka Gaut, a meme-maker with a cult following who also happens to be the cofounder and chief operating officer of Alongside, a DeFi project that creates investible crypto market indices. Joining him is the man behind our handles, a16z crypto Social Lead Ish Verduzco, as well as me, your host, Robert Hackett.

    Resources

    • Social for startup founders: A practical guide to building an online presence by Ish Verduzco [a16z crypto, August 2024]
    • How to build a social presence in web3 and beyond [video]
    • How to 10x on Twitter (without getting lucky) [@ishverduzco on X, March 2021]
    • 24 Prompts to Get Over Writer's Block in 2024 by Ish Verduzco [The Creator Blueprint, January 2024]

    As a reminder, none of the content should be taken as investment, business, legal, or tax advice. Please see a16z.com/disclosures for more important information, including a link to a list of our investments.

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    41 mins
  • Designing Beloved Brands
    Dec 30 2024

    Welcome to web3 with a16z. Today's episode is all about design, creativity, and taste-making.

    Our special guest is Jason Mayden, the chief design officer of Jordan Brand at Nike — that's Jordan as in former NBA superstar Michael Jordan. In his role, Mayden is responsible for the look and feel of iconic products, like Air Jordan sneakers and related apparel.

    In this episode, Mayden speaks with Chris Lyons, a16z crypto's president of web3 media, about the interdisciplinary nature of industrial design, the role of humans in an AI world, what makes fashion and food alike, and how to build a brand, whether you’re in crypto, sportswear, or another field.

    This conversation originally took place at a16z crypto's Founders Summit in the fall of 2024. Be sure to subscribe to the a16z crypto Youtube channel where you can listen to more from that event, plus many more thought-provoking talks and other resources.

    As a reminder, none of the content should be taken as investment, business, legal, or tax advice; please see a16z.com/disclosures for more important information, including a link to a list of our investments.

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    37 mins
  • Trends for 2025 (part 2): AI x Crypto - From Agents in Games & DePIN to Proof of Personhood and More
    Dec 21 2024

    with @carrawu @eddylazzarin @0xkarmacoma and @smc90 @rhhackett

    Welcome to our special end-of-year episodes -- which also look ahead to 2025 -- covering our annual Big Ideas lists, where various a16z crypto team members share what they are personally excited about. (You can see the firmwide list, also including all the trends of the crypto team, here.)

    This episode is part 2 of 2 -- but you don't have to listen to them in any particular order -- covering the intersection of crypto & AI:

    • agents that have their own crypto wallets -- and also AI agents in games; DePin/ decentralized physical infrastructure, like energy grids; and more;
    • proof of personhood, and why having a unique ID matters in a world of deepfakes, bots, scams and more is needed with proliferating AI;
    • decentralized, truly autonomous, chatbots (using TEEs or trusted execution environment).

    Covering each of these -- and coming from the investing, engineering, and other teams -- are: Carra Wu, Eddy Lazzarin, and Karma (aka Daniel Reynaud); in conversation with hosts Sonal Chokshi and Robert Hackett, who also share some commentary at the top.

    These are just a few of the 14 trends we shared; you can check out the full list at a16zcrypto.com/bigideas.

    Also be sure to check out part 1, which covers the trends of stablecoins, app stores, infrastructure, and user experience.

    As a reminder, none of the content is investment, business, legal, or tax advice; please see a16z.com/disclosures for more important information -- including a link to a list of our investments.

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    40 mins
  • Trends for 2025 (part 1): Stablecoins, App Stores, UX, and More
    Dec 20 2024

    with @sambroner @meigga @darenmatsuoka @jneu_net @chrislyons and @rhhackett @smc90

    Welcome to our special end-of-year episodes -- which also look ahead to 2025 -- covering our annual Big Ideas lists, where various a16z crypto team members share what they are personally excited about. (You can see the firmwide list, also including all the trends of the crypto team, here.)

    This episode is part 1 of 2 -- but you don't have to listen to them in any particular order -- covering the trends and themes of:

    • stablecoins, payments, and where the early adopters will come from;
    • app store distribution, curation, and discovery;
    • where the next crypto users will come from, turning passive holders into active users;
    • how builders improve, and better choose, infrastructure; and
    • simplifying user experience.

    Covering each of these -- and coming from the investing, go-to-market, data science, research, and media teams are: Sam Broner, Maggie Hsu, Daren Matsuoka, Joachim Neu, and Chris Lyons; in conversation with hosts Sonal Chokshi and Robert Hackett. (Stay tuned until the end for some of our meta-commentary.)

    These are just 5 of the 14 trends we shared; you can check out the full list at a16zcrypto.com/bigideas.

    Also be sure to check out part 2, which covers all the trends at the intersection of crypto and AI.

    As a reminder, none of the content is investment, business, legal, or tax advice; please see a16z.com/disclosures for more important information -- including a link to a list of our investments.

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    34 mins
  • Prediction Markets and Beyond
    Nov 22 2024
    with @atabarrok @skominers @smc90We've heard a lot about the premise and the promise of prediction markets for a long time, but they finally hit the main stage with the most recent election. So what worked (and didn't) this time? Are they better than pollsters, journalists, domain experts, superforecasters?So in this conversation, we tease apart the hype from the reality of prediction markets, from the recent election to market foundations... going more deeply into the how, why, and where these markets work. We also discuss the design challenges and opportunities, including implications for builders throughout. And we also cover other information aggregation mechanisms -- from peer prediction to others -- given that prediction markets are part of a broader category of information-elicitation and information-aggregation mechanisms.Where do (and don't) blockchain and crypto technologies come in -- and what specific features (decentralization, transparency, real-time, open source, etc.) matter most, and in what contexts? Finally, we discuss applications for prediction and decision markets -- things we could do right away to in the near-to distant future -- touching on everything from corporate decisions and scientific replication to trends like AI, DeSci, futarchy/ governance, and more?Our special expert guests are Alex Tabarrok, professor of economics at George Mason University and Chair in Economics at the Mercatus Center; and Scott Duke Kominers, research partner at a16z crypto, and professor at Harvard Business School -- both in conversation with Sonal Chokshi.RESOURCES(from links to research mentioned to more on the topics discussed)The Use of Knowledge in Society by Friedrich Hayek (American Economic Review, 1945)Everything is priced in by rsd99 (r/wallstreetbets, 2019)Idea Futures (aka prediction markets, information markets) by Robin Hanson (1996)Auctions: The Social Construction of Value by Charles SmithSocial value of public information by Stephen Morris and Hyun Song Shin (American Economic Review, December 2002)Using prediction markets to estimate the reproducibility of scientific research by Anna Dreber, Thomas Pfeiffer, Johan Almenberg, Siri Isaksson, Brad Wilson, Yiling Chen, Brian Nosek, and Magnus Johannesson (Proceedings of the National Academy of Sciences (November 2015)A solution to the single-question crowd wisdom problem by Dražen Prelec, Sebastian Seung, and John McCoy (Nature, January 2017)Targeting high ability entrepreneurs using community information: Mechanism design in the field by Reshmaan Hussam, Natalia Rigol, and Benjamin Roth (American Economic Review, March 2022)Information aggregation mechanisms: concept, design, and implementation for a sales forecasting problem by Charles Plott and Kay-Yut Chen, Hewlett Packard Laboratories (March 2002)If I had a million [on deciding to dump the CEO or not] by Robin Hanson (2008)Futarchy: Vote values, but bet beliefs by Robin Hanson (2013)From prediction markets to info finance by Vitalik Buterin (November 2024)Composability is innovation by Linda Xie (June 2021)Composability is to software as compounding interest is to finance by Chris Dixon (October 2021)resources & research on DAOs, a16z crypto
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    1 hr and 48 mins
  • Government... By Lottery?
    Nov 2 2024

    with @baileyflan @ahall_research @rhhackett

    Today we’re dusting off an ancient practice that has become trendy once again: the old-but-new idea of “sortition,” or selecting representatives by lottery.

    Sortition was used in ancient Athenian democracy to elect public officials. It’s also been lately revived by tech companies like Meta and AI startups like OpenAI and Anthropic to tackle some of their thorniest policymaking challenges.

    Our guests today are experts on sortition, including Bailey Flanigan, a postdoctoral fellow at Harvard who is joining MIT as an assistant professor next year, and who has helped develop selection algorithms for sortition that are in use today. Also joining is Andrew Hall, Stanford University poli sci professor, advisor to Meta, and consultant to a16z crypto research.

    In this episode, we discuss why not to rely exclusively on expert authority, how the process of deliberation changes people’s minds, and how sortition can apply everywhere from the governance of countries to the governance of crypto projects, and more.

    Related resources:

    • Algorithms for fair, manipulation-robust, and transparent sortition with Bailey Flanigan

    As a reminder, none of the content should be taken as investment, business, legal, or tax advice. Please see a16z.com/disclosures for more important information, including a link to a list of our investments.

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    57 mins