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“Between the early adopters and the early majority you could have this chasm the place all of the nerds will love you however the mainstream market has no clue what it’s that you simply do.”
— Andrew Chen
Andrew Chen (@andrewchen) is a basic accomplice at Andreessen Horowitz, the place he invests in shopper know-how, together with social, market, leisure, and gaming experiences. As we speak, Andrew serves on the boards of All Day Kitchens, Clubhouse, Envoy, Hipcamp, Maven, Reforge, Sandbox VR, Singularity 6, Sleeper, Snackpass, and Substack.
Andrew is a prolific author and main voice on cellular, metrics, and person progress. For the previous decade, he’s coated the subject on AndrewChen.com. He’s the writer of The Chilly Begin Drawback, a guide exploring how new startups are launched. He’s additionally a board member and teacher at Reforge, which affords selective, growth-focused packages for knowledgeable professionals in advertising and marketing, product, knowledge, and engineering.
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The transcript of this episode could be discovered right here. Transcripts of all episodes could be discovered right here.
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
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What was your favourite quote or lesson from this episode? Please let me know within the feedback.
SCROLL BELOW FOR LINKS AND SHOW NOTES…
Wish to hear an episode about what it takes to begin and scale a podcast? Take heed to my dialog with Chris Hutchins, by which we mentioned how I constructed The Tim Ferriss Present to 700+ million downloads, recommendation for beginning small and remaining sustainable, backup techniques, discovering helpful know-how at an inexpensive value, the rewards of podcast monetization versus its prices, getting visitors to belief the method, the important thing to changing into a greater interviewer, understanding your viewers, and rather more.
#538: How I Constructed The Tim Ferriss Present to 700+ Million Downloads — An Immersive Clarification of All Elements and Key Selections (That includes Chris Hutchins)
SELECTED LINKS FROM THE EPISODE
- Join with Andrew Chen:
- The Chilly Begin Drawback: The right way to Begin and Scale Community Results by Andrew Chen | Amazon
- Software program Is Consuming the World | Andreessen Horowitz
- Reforge
- My Life in Promoting and Scientific Promoting by Claude C. Hopkins | Amazon
- Client Packaged Items (CPG) | Investopedia
- Michelin Information
- Mohr Davidow Ventures
- Mainstream Prospects by Geoffrey A. Moore | Amazon
- The Lean Startup: How As we speak’s Entrepreneurs Use Steady Innovation to Create Radically Profitable Companies by Eric Ries | Amazon
- The Innovator’s Dilemma: When New Applied sciences Trigger Nice Companies to Fail by Clayton M. Christensen | Amazon
- Dropbox
- Hacker Information
- Blogger
- Development Hacker is the New VP Advertising | Andrew Chen
- The right way to Cope with FOMO in Your Life | Verywell Thoughts
- New Information Reveals Shedding 80% of Cellular Customers Is Regular, and Why the Greatest Apps Do Higher | Andrew Chen
- Enterprise-to-Enterprise (B2B) | Investopedia
- Viral TikTok Spikes Unsustainable | Andrew Chen, Twitter
- How I Designed Distraction Out of My Telephone | Quick Firm
- Ventures of the PayPal Mafia | Fleximize
- Billpoint | Wikipedia
- Web1, Web2, and Web3 with Their Variations | GeeksforGeeks
- The Oral Historical past of Tinder’s Alluring Proper Swipe | WIRED
- The Regulation of Shitty Clickthroughs | Andrew Chen
- The Story of Uber | Investopedia
- Star Wars Episode IV: A New Hope | Prime Video
- LiDARs for Self-Driving Autos: A Technological Arms Race | Automotive World
- The Coinbase Seed Spherical Pitch Deck by Brian Armstrong | Medium
- Take a Have a look at Uber’s First Pitch Deck from 2008 | Vox
- Twitch Historical past: From Starting to Now | Streamers Playbook
- Y Combinator
- League of Legends
- Distant Job and Startup Job Search | AngelList Expertise
- Greatest Approach for Artists and Creators to Get Sustainable Earnings and Join with Followers | Patreon
- The Residence for Nice Writing | Substack
- American Children Would A lot Relatively Be Youtubers than Astronauts | Ars Technica
- Individuals in Philippines Earn Cryptocurrency Enjoying NFT Video Recreation Axie Infinity | CNBC
- A Digital Nation | Axie Infinity
- Dungeon Masters Information by Gary Gygax | Amazon
- Fiend Folio: Tome of Creatures Malevolent and Benign by Don Turnbull and Chris Baker | Amazon
- Signal Up and Begin Having Enjoyable! | Roblox
- Grand Theft Auto | Wikipedia
- VR Rhythm Recreation | Beat Saber
- Create, Share, Play | VRChat
- How Indignant Birds Began and Why It Acquired So Profitable | Cleverism
- Riot Video games
- The Evolution of Social Media: How Did It Start and The place Might It Go Subsequent? | Maryville College
- What Is the Metaverse? | The New York Instances
- World of Warcraft
- Why Did Fb Grow to be Meta? | The New York Instances
- Prepared Participant One | Prime Video
- Epic Video games CEO Says Firm Is “Not Touching” NFTs | Hypebeast
- The Creator of Ethereum Acquired into Crypto As a result of Blizzard Nerfed His Character | PC Gamer
- Uber Driver Strike: Gig Financial system Staff Are Mad | Vox
- Saying Goodbye to Carousel and Mailbox | Dropbox Weblog
- Why Did Google Plus Fail as a Social Community? | Brainium’s Weblog
- Do Issues That Don’t Scale | Paul Graham
- Brian Chesky | Masters of Scale with Reid Hoffman
- What Is Clubhouse? The Audio-Solely Chat App Defined | PCMag
- Metcalfe’s Regulation is Flawed | IEEE Spectrum
- Past Metcalfe’s Regulation for Community Results, and In the direction of a Higher Mannequin by Andrew Chen | a16z Future
- Meerkat | Nationwide Geographic
- The Lion King | Prime Video
- Quantitative Ecology Lab | College of Washington
- Sea Otter Cam | Monterey Bay Aquarium
- Cannery Row by John Steinbeck | Amazon
- The Trendy-Day Pacific Sardine Collapse: The right way to Stop a Future Disaster | Oceana USA
- The “Luckiest” Constructing in Silicon Valley | As we speak I Discovered Out
- 22% Of US Adults Moved As a consequence of COVID-19 or Know Somebody Who Did | Pew Analysis Heart
- The Coronavirus Turns Midtown Right into a Ghost City, Inflicting an Financial Disaster | The New York Instances
- Bloom Institute of Know-how (Previously Lambda College)
- Why the Inventory Market Went Up through the COVID-19 Pandemic and Excessive Unemployment | Vox
- Fee-Free Inventory Buying and selling & Investing App | Robinhood
- Purchase NFTs and Extra on Ethereum | OpenSea
- YC Demo Days for Everybody | Stonks
- Horsley Bridge Companions
- Bringing Down the Home: The Inside Story of Six M.I.T. College students Who Took Vegas for Hundreds of thousands by Ben Mezrich | Amazon
- The Ignored Ranges of the Creator Financial system | a16z Future
- Why Constructing Your Enterprise on Fb Is a Dangerous Concept | CIRA
- 1,000 True Followers by Kevin Kelly | The Technium
- NFTS Are Serving to Artists Resolve a Very important Drawback | The Guardian
- This Is Water: Some Ideas, Delivered on a Important Event, about Residing a Compassionate Life by David Foster Wallace | Amazon
SHOW NOTES
- How did My Life in Promoting by Claude C. Hopkins (written across the flip of the final century) come to be such an influential guide for Andrew, and why do its classes maintain up at present? [06:37]
- Who’s Geoffrey Moore, and what was it like for Andrew to share an workplace with him as a 25-year-old newcomer to Silicon Valley again in 2007? [11:38]
- Who’s Sean Ellis? [13:57]
- What prompted Andrew to begin writing, and the way did it result in his first assembly with Marc Andreessen? [16:51]
- How did Andrew adapt to the eye his writing was getting within the early days to construct a fair bigger viewers? [20:26]
- How lengthy do Andrew’s items are usually, and the way does he guarantee he’s expressing opinions that his readers will discover compelling? [24:30]
- What does Andrew do to remain centered when he’s writing? [26:46]
- To what does the title of Andrew’s guide The Chilly Begin Drawback refer, and why did he write it? [28:36]
- Classes realized from consulting through the early days of Uber. [37:30]
- An Andrew’s-eye-view of the Twitch origin story, and the way the choice was made to concentrate on gaming. [43:20]
- How a really revolutionary firm can create the market that perpetuates its existence. [51:15]
- Who or what within the heck is a Roblox, and what does it signify for the way forward for gaming and associated applied sciences? [55:15]
- What does Andrew suppose the much-hyped however principally theoretical metaverse will seem like in three to 5 years? [1:02:02]
- Decentralized warlocks, open-source ecosystems, and real-world upheavals pushed by digital calls for. [1:07:47]
- What questions does Andrew ask entrepreneurs as a way to gauge how they give thought to progress? [1:12:30]
- How does Andrew recommend startups, corporations, or folks go about choosing the right metrics? [1:16:45]
- Frequent errors Andrew sees founders making once they’re making an attempt to enhance a startup’s progress. [1:21:46]
- And now for one thing fully completely different: right here’s the a part of the interview the place Andrew talks about meerkats and sardines. [1:26:14]
- The community results of labor in cities the place persons are selecting to dwell — and depart — today. [1:31:32]
- The startup funding pattern Andrew is following keenly, and what novices want to recollect about distributing accessible sources to maximise their probabilities of popping out forward. [1:33:58]
- Ideas on the present local weather of the creator economic system: the place I slot in, and the place I see issues headed with the seemingly inevitable mainstream acceptance of Web3, NFTs, and blockchain applied sciences. [1:43:49]
- What’s Reforge? [1:55:53]
- Parting ideas. [1:58:39]
MORE ANDREW CHEN QUOTES FROM THE INTERVIEW
“Between the early adopters and the early majority you could have this chasm the place all of the nerds will love you however the mainstream market has no clue what it’s that you simply do.”
— Andrew Chen
“I’m self-parenting. you could have too low of an consideration span when you need to embrace all of this tooling to handle your time.”
— Andrew Chen
“Once I got here to the Bay Space, that was one in all my categorical objectives: ‘I’m going to satisfy all of the PayPal folks, and I’m going to try to determine what it’s that they know that I don’t.’”
— Andrew Chen
“How lots of the privateness points that folks speak about and the concentrating on and all of the stuff that’s been taking place is often because we determined to go together with banner advertisements as an alternative of getting folks pay one another on-line?”
— Andrew Chen
“The good half about working as a startup investor is we’re funding all these corporations that may ultimately announce their merchandise in two or three years, and so I really feel like I’ve a bit of glimpse of what it’s that the founders need to do.”
— Andrew Chen
“That is simply an unimaginable alternative for anyone that desires to make a brand new digital world, new recreation expertise, or new recreation studio proper now, as a result of you’ll be able to go and take all these concepts and attempt to mix them in new, contemporary ways in which type of mix collectively financial recreation play with visible, basic recreation design in ways in which the world has by no means seen.”
— Andrew Chen
PEOPLE MENTIONED
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The Tim Ferriss Present is one of the most well-liked podcasts on this planet with greater than 700 million downloads. It has been chosen for “Better of Apple Podcasts” thrice, it’s typically the #1 interview podcast throughout all of Apple Podcasts, and it has been ranked #1 out of 400,000+ podcasts on many events. To take heed to any of the previous episodes without spending a dime, try this web page.
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