Rare Knowledge [Andreessen and Horowitz]

<p>Listen to a16z live: <a href="https://a16z-live.simplecast.com/episodes/one-on-one-with-a-and-z-11-how-much-rare-knowledge-is-there-4aF0UbP7">https://a16z-live.simplecast.com/episodes/one-on-one-with-a-and-z-11-how-much-rare-knowledge-is-there-4aF0UbP7</a></p><p>- rarely wrong just early<br>- pets.com, diapers.com<br>- hadoop -&gt; databricks<br>- Nycira -&gt; central control plane - 2b revenue company<br>- rare knowledge - what do you believe that nobody else believes<br>- 2 kinds - super secret, or in plain sight<br>- airbnb - history of hotels<br>- new ideas nobody else has<br>- take seriously things that nobody else believes<br>- history gets rewritten to be both obvious and inevitable<br>- bill gates the road ahead</p><p><strong>Transcript</strong><br> </p><p>[00:00:00] Hey everyone today, I'm sharing a clip from the Andreessen Horowitz podcast from both Marc Andreessen and Ben Horowitz. Which is them talking about rare knowledge basically the secrets that you believe that no one else does as well as how to develop a view of the future which is important obviously for vcs but i think generally important as well </p><p>[00:00:19] <strong>Marc Andreesen:</strong> How much rare knowledge is there in the world in your experience or concretely, how often does it happen that there are less than 10 people you can think of? No. I could do something and you'd be skeptical you can find anybody else that can, and then a huge, no asks. How can I develop a view for the future, which I think is actually a very related question.  </p><p>[00:00:38] <strong>Ben Horowitz:</strong> So way more than you would think. There's a lot of very knowledge and, mark and I like experienced this on our job. Every single day. There's just, the world is really dynamic. Now, in fact, it's probably never been more dynamic, I think, by any measure. And so what we see all the time is the old conventional wisdom just ceases to be true. </p><p>[00:01:02] And we've seen this here. One of our favorite examples is just. All the dot bombs