In this episode Jack Altman, CEO of Lattice and host of Uncapped, interviews Marc Andreessen on how venture capital is evolving - from small seed funds to billion-dollar barbell strategies - and why today’s most important tech companies don’t just build tools, they replace entire industries. They cover:
- The end of “picks and shovels” investing
- Why missing a great company matters more than backing a bad one
- The power law math behind fund size and asymmetric returns
- AI as the next computing platform — and a test for Western civilization
- Preference falsification, media power, and what founders can’t say out loud
This is a conversation about ambition at scale, the structure of modern venture, and the deep forces reshaping startups, innovation, and power.