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  1. Y Combinator56 min

    Analyzing Billions of Transactions to Understand Consumer Behavior - Michael Babineau and Kevin Hale

    Michael Babineau, Kevin Hale, Craig Cannon, Mike

    Co-founded by Mike and Lillian, the company delivers a financial analytics platform that empowers investors and corporations to analyze over 50 billion credit card transactions to solve complex business intelligence problems. With a diverse team of 60 data scientists and engineers, the firm processes unstructured data for entities ranging from startups to major retailers like Stitch Fix and Amazon, transforming raw transactional noise into actionable strategic insights. Supported by strategic funding from Goldman Sachs and Citi, the platform achieved 150 clients through organic growth by offering a customizable toolset rather than static reports, allowing users to generate their own unique information edges.

  2. Milken Institute28 min

    A Conversation with Calvin Klein

    Calvin Klein, Mike Milken, Michael Milken

    Calvin Klein co-founded his global fashion empire with early capital from childhood friend Barry Schwartz, eventually pioneering disruptive marketing strategies like the Brooke Shields "Nothing" campaign and unauthorized product placements to define an American, provocative brand identity. While the partnership with financier Michael Milken provided critical structural discipline during cash crunches, Klein also navigated legal controversies such as the "Kiddie Porn" investigation by prioritizing cultural conversation over traditional safety. Today, he reflects on how social media has compressed the industry timeline, distinguishing between fleeting celebrity brands and enduring legacy companies built on distinct style and consistent messaging.

  3. Milken Institute1h 1m

    Investing with Vision: A Conversation With SoftBank's Rajeev Misra

    Rajeev Misra, Mike Milken, Michael Milken

    SoftBank Vision Fund has deployed $80 billion across 80 portfolio companies to aggregate fragmented markets through AI-driven platforms and preferential debt financing. Led by Rajiv Mehta, the fund targets 30% long-term returns by applying a minority stake strategy to "fearless" founders while leveraging SoftBank's ecosystem for global expansion. With a second fund planned for immediate launch, the organization aims to capitalize on the transition from internet growth to an AI revolution that restructures industries like transportation and hospitality.

  4. Y Combinator50 min

    Vidit Aatrey on Building Meesho, India's Top Reselling Platform, with Adora Cheung

    Vidit Aatrey, Adora Cheung

    Founded in 2015, Meesho is a social commerce platform founded by CEO Adit Atrai that empowers nearly 500,000 users, predominantly women from Tier 2 and 3 cities, to generate supplemental income by reselling goods via WhatsApp and Instagram without requiring inventory or working capital. The company operates by leveraging existing social trust to overcome India's market barriers, a strategy supported by Atrai's direct engagement with top users and a focus on indigenous product development rather than replicating foreign models. By shifting from a supply-focused tool to a peer-to-peer marketplace in 2016, Meesho has established a competitive moat that enables over 700 employees to facilitate transactions for non-branded goods while addressing unmet needs in the non-metro demographic.

  5. a16z49 min

    10+1 Lessons from Serial Entrepreneur Justin Kan

    Justin Kan, Andrew Chen

    Fourteen-year veteran entrepreneur Justin Kahn applies his extensive experience from founding and exiting ventures like Twitch and Justin.tv to lead Atrium, a technology-enabled law firm designed to offer speed and transparency for startups. Transitioning from high-market-risk consumer apps to execution-focused B2B models, Kahn leverages a massive Series A round to signal trustworthiness while advocating for a "conscious company" culture built on empathy and radical responsibility. His approach emphasizes that sustainable success requires treating startup building as a multi-decade marathon rather than a sprint, integrating rigorous personal development with strategic business growth.

  6. Y Combinator49 min

    Monetizing Podcasts and Newsletters - Chris Best of Substack and Jonathan Gill of Backtracks

    Chris Best, Jonathan Gill, Craig Cannon, Jack Ryder, Debdut Mukherjee

    Substack leadership and industry experts analyze a shifting podcasting landscape where direct subscription models are gaining traction against traditional advertising, leveraging strategies like micro-pricing and referral incentives to monetize niche audiences. The discussion highlights that success relies less on mass download metrics and more on consistent publishing, high-quality audio storytelling, and the ability to measure engagement through direct response data rather than obsolete download counts. Ultimately, the panel predicts a future ecosystem where creators maintain direct audience relationships through independent platforms, blending ad-supported mass content with paid subscription niches to counter the consolidation risks posed by major tech giants.

  7. Y Combinator6 min

    How to Create Luck - Dalton Caldwell, Y Combinator Partner

    Dalton Caldwell

    Founders accelerate the probability of success by executing at three times the industry speed, which expands their "surface area" for luck through frequent interactions, rapid pivots, and immediate code deployment. Companies like Brex, Retool, and Magic achieved breakthroughs by validating or discarding multiple concepts quickly, while early-stage strategies emphasize network expansion, active discomfort, and prototype distribution over passive waiting. This approach to scaling luck requires maintaining a culture of fast experimentation and hiring teams capable of outpacing market standards to sustain continuous innovation through Series A and beyond.

  8. Y Combinator46 min

    HubSpot CEO and Cofounder Brian Halligan with Wufoo Cofounder Kevin Hale

    Brian Halligan, Kevin Hale, Craig Cannon, Dharmesh

    HubSpot co-founder Brian Halligan details the company's evolution from a service-based consultancy to a software giant, highlighting their pivotal pivot to a freemium model and the strategic decision to maintain a $250 monthly price point for six years. He explains how the organization overcame high early churn by shifting executive compensation toward Net Promoter Score and reorienting its go-to-market strategy toward content assets rather than traditional sales tactics. Halligan further emphasizes the necessity of consumer-grade user experiences in B2B markets and advises modern founders to build their own content platforms while avoiding the "groupthink" of hiring co-founders with identical skill sets.

  9. a16z50 min

    Seven Trends in Blockchain Computing (Spring 2019)

    Chris Dixon, Olaf Carlson-Wee

    Olaf, the first employee of Coinbase, details the third wave of blockchain evolution driven by WebAssembly integration and Proof-of-Stake consensus to resolve current developer bottlenecks and security flaws inherent in older protocols. This upcoming phase emphasizes superior technical infrastructure, including built-in on-chain governance and sub-second finality, while shifting industry metrics from user counts to composability and open-source development speeds. As the sector transitions from a nascent launch phase to mature application development, these upgrades aim to facilitate complex use cases like decentralized finance and AI data markets without relying on ad-revenue models or arbitrary platform control.

  10. a16z39 min

    Founding Stories: Sandbox VR

    Steve Zhao, Siqi Chen, Andrew Chen, Frank Chen

    Sandbox VR co-founders Steve Zhao and Siki Chen launched a location-based entertainment model by vertically integrating proprietary hardware, custom content, and physical retail spaces after failing to secure early funding due to the novelty of the concept. By pivoting to a venue in a Hong Kong high-rise in 2017, the team achieved viral traction with their immersive "Deadwood Mansion" title, attracting an Alibaba seed round and a rapid Series A commitment from Andreessen Horowitz within months of opening. Leveraging deep learning and computer vision to enable social agency and body tracking, the company is now expanding its technology to support larger concurrent groups and diverse genres beyond traditional shooting games.

  11. Y Combinator1h 4m

    Software Engineer Turned Youtuber - Jarvis Johnson

    Jarvis Johnson, Craig Cannon, Nathan Allebach, Taylor

    Engineering manager and content creator Jarvis Johnson transitioned from a full-time career at Patreon to independent YouTube production after a viral subscriber surge validated his strategy of balancing technical deep-dives with broader industry critique. Leveraging lessons from Silicon Valley and his time managing teams, Johnson now advocates for "clickbait with positivity" while warning against the rise of soulless content farms that threaten platform authenticity. His journey highlights a shift from grade-driven multitasking to focused, interest-driven learning, aiming to provide accessible role models for aspiring technologists navigating the software industry's evolving landscape.

  12. Milken Institute1h 6m

    Part 1: A Conversation With John Hickenlooper | Part 2: A Conversation with Seth Moulton

    John Hickenlooper, Seth Moulton, Jerry Baker, Christina Bellantoni

    The Milken Institute Global Conference featured two presidential conversations with Democratic candidates Governor John Hickenlooper and Representative Seth Moulton, who focused on unifying the party to defeat President Trump. Hickenlooper emphasized restoring middle-class economic stability through antitrust enforcement, tax reforms on wealth, and state-led social policies, while Moulton advocated for a generational shift in leadership driven by veteran healthcare reform, green infrastructure investment, and constitutional impeachment debates. Both candidates addressed critical national challenges including climate change, gun control, and economic restructuring, aiming to present a cohesive platform that addresses deep national divisions.

  13. a16z1h 15m

    Clippy: The Unauthorized Biography

    Chloe Condon, Steven Sinofsky, Frank Chen, BillG

    Led by engineer Sam Hobson, a Microsoft team developed the Office Assistant, or Clippy, to bridge the gap between complex 1990s software and home users by applying social actor theories and natural language processing. Despite consulting Disney animators and facing cultural localization hurdles, the feature generated significant user frustration through intrusive interruptions, leading to its official retirement in Office XP by 2001. Although the specific implementation failed, the project established a legacy of intent-based interaction models and remains a prominent cultural meme that highlights the ongoing challenge of designing usable intelligent agents.

  14. Y Combinator6 min

    Should I Use a Dev Shop? - Michael Seibel

    Michael Seibel

    This analysis challenges the common startup strategy of hiring development shops to build an MVP, arguing that outsourcing frequently leads to budget overruns, timeline delays, and code that becomes obsolete during iteration. By contrasting the statistical failure rates of this approach with the superior speed and capital efficiency of teams that secure technical co-founders early, the discussion highlights how investors prioritize a team's ability to rapidly build and pivot over a polished but static product. Ultimately, while dev shops remain viable for non-VC business models, the recommendation for founders targeting high-growth valuations is to recruit a technical co-founder immediately despite the initial difficulty in doing so.

  15. a16z53 min

    Towards a Decentralized Storage Network for the Blockchain Computer

    Ali Yahya, Ben Fisch, Bruce Schneier

    Decentralized storage networks solve the critical challenge of verifying file integrity across permissionless nodes by replacing institutional trust with cryptographic protocols like Proof of Retrieval and Proof of Replication. These mechanisms transform underutilized personal device capacity into a censorship-resistant infrastructure where economic incentives compel nodes to dedicate actual disk space rather than simulating storage. By enforcing high tightness constraints that disproportionately burden large centralized providers, the system ensures a scalable, fault-tolerant foundation for future decentralized applications.