Connect your Claude, Codex or OpenClaw for full transcripts on millions of podcasts. Two week free trial, cancel anytime.
Start free trial →a16z Podcast · Startups & Venture · November 2026
Asked what it was like being the first employee at a16z, Kupor tells this story from his first day, which is the reason the firm got its own email domain.
…and giving people more room to take what he calls permissioned risk. Because for Scott, whether you're building a venture firm or a forming government, the underlying question is surprisingly similar. Do you have the right people, the right objectives, and the right incentives to get them there?
Tell me what it's like starting A16Z with Ben and Mark.
It was interesting. So let me give you the backstory if I can. So we had sold our last company to Hewlett-Packard, right? So we sold in 2007 and a bunch of us had basically indentured servitude to HP for, you know, 12 to 18 months. And then the summer of 08, and remind you, right, you know your history, right? So in March of 08, basically Bear Stearns disappears, right? So it's summer of 08, and Mark and Ben are like, yeah, we're going to do this. They've been doing angel investing for a long time with their own money. And they said, look, it'd be a lot more fun if we institutionalized this and went out and raised money. We were literally having this conversation summer of 08. And then September of 08, of course, Lehman goes bankrupt like overnight. And so the world seems to be coming to an end. So I go home one day to my wife. I'm like, good news. I'm going to quit my job at HP, which is probably the most stable job you have, and join these two guys. And we were actually living in North Carolina at the time because we had acquired our business out there. And Ben and Mark had asked me to go move out to run it. So I was already, I was, you know, not in California even anymore. So it took me a…
Was Michael Obitz around the A16Z at this time?
He was, yeah. So, Michael had been on our board actually at Loud Cloud and Opsware. So, that's how obviously Mark and Ben knew him, but that's also how I got to know him. And yes, he was very, very influential, as you probably know. And I'm sure Mark told a story just about like the founding of the…
Was this around Michael Ovis' idea of this phalanx, where it's like, if you, before that, it's like you were his, you might like his, he's your agent, but really it's like, you know, you have all of