We are excited to introduce a new blog post series highlighting the speakers joining our company-wide all-hands meetings. Each blog shares unique takeaways, industry trends, expectations for the future, and more from conversations with leading automotive, venture capital, and technology experts.
Today, we are excited to feature our first guest in the series, Marc Andreessen. Marc is a Co-Founder and General partner at the venture capital firm Andreessen Horowitz and serves as a board member at Applied Intuition.
Here are five takeaways from the discussion:
1. Silicon Valley will probably be at the center of the AI industry.
”During and after Covid, a lot of people thought that the primacy of the California Bay Area region is going to drop tremendously, but almost everything interesting in AI happens here. The defining thing about the Bay Area is: We have this enthusiasm for the next big thing.”
2. Leaders don’t get excuses.
“As a manager or executive moves up in an organization, they should get direct responsibility for results with no excuses and no do-overs. The best executives are the ones who say, ‘It’s my fault. It’s my responsibility.’”
3. Communication is key for high-growth companies.
“At high-growth companies, communication is the thing that either works for you or works against you. A company reinvents itself every time it doubles, and you basically have to rethink communication architecture. Every manager is faced with the constant challenge that over-communicating is the only way to communicate.”
4. Applied’s differentiation is making the right decisions again and again.
“Across different companies, you see variability in how decisions get made. Big organizations make decisions politically or for fear of the unknown. A lot of small companies are guessing a lot of the time. Applied’s differentiator is precision in decision making.”
5. Building an in-office culture was a good decision for Applied.
“Every big company CEO I talk to right now is in this state of anxious paralysis. They are desperate to get everyone back into the office.” Setting this expectation at the beginning of the recruiting process has helped attract people who are looking for this type of experience.