Connect your Claude, Codex or OpenClaw for full transcripts on millions of podcasts. Two week free trial, cancel anytime.

Start free trial →
MV Mike Volpi On a16z Podcast

“I even encourage my CEOs to talk to their direct competitors. Go to coffee. Yeah, if you're clueless, you might leak some information towards them. Hopefully you're not clueless. And they might tell you something that's interesting, or they might shape your view on an industry. … It's an inverse intelligence-gathering mechanism.”

a16z Podcast · Startups & Venture · November 2026

“I even encourage my CEOs to talk to their direct competitors. Go to coffee. Yeah, if you're clueless, you might leak some information towards them. Hopefully you're not clueless. And they might tell you something that's interesting, or they might shape your view on an industry. … It's an inverse intelligence-gathering mechanism.” — Mike Volpi, a16z Podcast

Context

Asked how founders should think about being acquired, Volpi says startups should keep talking to big companies and rivals all the time, so they already know the right people when they want to sell.

Transcript

a16z Podcast Around 24:27 into the episode
Raghu Raghuram

You just call them up and say, Hi,

Guido Appenzeller

I want to buy you.

Mike Volpi

No, well, obviously, you do as good a job as you can building a network and knowing what's going on. It's basically cataloging the inventory, is the way we used to think about it. But every company in the market is a potential acquisition. So you catalog them and where are they in their growth rate? What kind of founders they have? Who are the backers? What are their aspirations? Who are their customers? Just like be informed. And, you know, the business, the corporate development group had to do that, but I kind of considered it everybody's job at the company to be constantly informed about what's happening around them. So, and then essentially, we at the company, we would try to weave it at Cisco. We would try to weave in the inventory against a strategy statement that was there. For example, we're a router company, but there are going to be more switches than routers. Therefore, we need to have a switch. What are the switching companies that are available, right? Or optical networking is becoming important because of bandwidth, blah, blah, blah. What are the companies that are available? You often have the…

Guido Appenzeller

I think this is really good advice. I keep telling my portfolios the same thing. If you don't have the cell phone number of the CEOs of each of your competitors, that's a problem. There will be a day when you need it.

Mike Volpi

Absolutely.

Guido Appenzeller

So it's a network you need to build.

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

More from a16z Podcast