🇺🇸 United States Episodes

My guests this week are Trish and James Higgins, who run Chenmark Capital Management.  In this episode we continue to explore a style of investing I call Permanent Equity.  Returns in permanent equity come first from the ongoing cash flows of portfolio companies, not from reselling businesses down the line.  The partners are Chenmark are pioneering this style of small business investing and share their experience with us thus far.   For comprehensive show notes on this episode go to http://investorfieldguide.com/chenmark For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

Jim Norton is a stand-up comedian, radio personality, author, and actor. His latest special "Mouthful of Shame" is available now on Netflix. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Your brand, says head of a16z marketing and Outcast Agency co-founder Margit Wennmachers, is what people say about you when you're not in the room. And it's going to happen, whether you choose to have an active part in it or not. But what does this m...

Episode 33: Overture (with the Internet History Podcast!)    Ben & David dive deep into the early days of internet search, with the help of the best in the internet history business: Brian McCullough from the Internet History Podcast! We are huge fans of IHP at Acquired, so this was a real treat to collaborate with Brian and the great work he does over there. In this episode we cover the story of how a small incubator in Southern California spawned perhaps the greatest tech business model of all-time, Yahoo!’s fumbling of that golden opportunity, and Google’s recovery of that fumble to cross into the end zone of tech history behind the biggest moat ever constructed on the internet.  Sponsors:Rippling: https://bit.ly/acquiredripplingStatsig: https://bit.ly/acquiredstatsig25Odd Lots: https://bit.ly/acquiredoddlotsServiceNow: https://bit.ly/acquiredsnMore Acquired!Get email updates with hints on next episode and follow-ups from recent episodesJoin the SlackSubscribe to ACQ2Merch Store!© Copyright 2015-2025 ACQ, LLCTopics covered include: Overture’s origins as part of the Idealab incubator run by famed early internet entrepreneur Bill GrossInvention of the paid search business model… initially by returning ADS ONLY in response to search queriesThe eventual marrying of Overture’s paid search (ads) with organic search results via syndication on other properties like Yahoo!Revenue from Overture’s ad partnership saving Yahoo!’s business after the internet bubble burst Yahoo!’s eventual acquisition of Overture for $1.4B in 2003 But… the really interesting story here: Overture’s 'inspiration' of Google’s business model and the creation of "the greatest advertising machine in the history of the world"The original (pre-Overture) Google business model: selling a box! Google’s differentiation vs Overture: focusing on the long tail, ad quality scores, and an advertiser-friendly auction structureGoogle’s first major search syndication victory over Overture: AOLYahoo!’s failed attempt to buy Google for $3B in 2002, leading it to settle for acquiring Overture instead the following year“Project Panama” at Yahoo!, and its impact on the tech and internet historyOverture's (and later Yahoo!’s) lawsuit against Google for stealing the paid search business model— "the O.G. version of Snapchat and Instagram”Paul Graham’s take on "What Happened to Yahoo?”Perhaps the most important technology to come out of this whole episode: HadoopThe power of incentive alignment in marketplaces— and creating the widest and deepest moats on the internet  The Carve Out: Ben: The famous University of Washington's “Love Lab” Dr. John Gottman: “The Secret to Love is Just Kindness”David: BerlinBrian: The Dark Valley: A Panorama of the 1930s

Will MacAskill is a philosopher and notable figure within the effective altruism movement. He is a tutorial fellow in philosophy at Lincoln College, Oxford. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Joe is joined by Brendan Schaub, Bryan Callen, and Eddie Bravo to watch the fights on March 11, 2017. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Danielle Brown, Intel Chief Diversity & Inclusion Officer, talks about the corporation’s $300 million initiative to increase diversity, the largest such investment yet by a technology company. The goal is to make Intel’s U.S. workforce mirror the talent available in the country by 2020. Brown breaks down what exactly Intel is doing, why the corporation is doing it, where it’s going well (recruiting), where it’s not going as well (retention), and what other companies can learn from Intel’s experience.

Dan Peña is a businessman and high-performance business coach. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Starbucks supposedly spends more on healthcare than it does on coffee beans. And 20 years ago, says Rajeev Singh, CEO of Accolade, healthcare was 10% of GDP; today it’s 19% -- that's nearly one-fifths of our gross domestic product. So what tools do w...

MIT grad student Joy Buolamwini was working with facial analysis software when she noticed a problem: the software didn't detect her face -- because the people who coded the algorithm hadn't taught it to identify a broad range of skin tones and facial structures. Now she's on a mission to fight bias in machine learning, a phenomenon she calls the "coded gaze." It's an eye-opening talk about the need for accountability in coding ... as algorithms take over more and more aspects of our lives. Hosted on Acast. See acast.com/privacy for more information.

Arian Foster is a former NFL running back. He played college football at Tennessee, and was signed by the Houston Texans as an undrafted free agent in 2009. Learn more about your ad choices. Visit podcastchoices.com/adchoices

My guest this week is Peter Attia, M.D., whose mission is to understand and improve human lifespan and healthspan (or quality of life).  Reading Peter’s research, you find that there are many similarities between health and investing—ideas like compounding—which we explore in detail. We spend a lot of time on mind, body, spirit and performance as it relates to living a better life. Of particular interest is the strategic problem that we face when studying longevity. As Peter puts it in our conversation: we are the species of interest, but we can’t conduct the kinds of experiments on humans—randomized trials, with control groups—that we apply to solve other big problems. So we have to back our way into a better understanding of longevity and quality of life. To that end, we discuss what we can learn from studying centenarians, the problem of progress in science, a drug called Rapamycin (which Peter believes could be revolutionary), eating, the importance of muscle mass, and the idea of distressed tolerance.  We emerge with a framework for thinking about health and well-being which can hopefully help us all live longer, better lives. Please enjoy!   For comprehensive show notes on this episode go to http://investorfieldguide.com/attia For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

In this episode of the a16z Podcast introduced by Vijay Pande (based on a presentation at our summit event), Russ Altman, Stanford professor of bioengineering -- and former chairman of their Bioengineering Department -- takes us on a short but deep t...

Tom Papa is a comedian, actor, writer and television/radio host. His latest special "Human Mule" is coming to HULU beginning on March 8, and you can also listen to his podcast "Come To Papa." Learn more about your ad choices. Visit podcastchoices.com/adchoices

Joey “CoCo” Diaz is a Cuban-American stand up comedian and actor. Joey also hosts his own podcast called “The Church of What’s Happening Now” available on Spotify. Alberto Gallazzi is a world-renowned strength and conditioning coach. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Snap! Acquired is live on the scene reporting from the "Super Bowl" of 2017 tech events: Snap Inc's hugely anticipated (and just plain huge) IPO. What does the future hold for this plucky “camera company”? Will Snap's IPO endure as tech's most important picture-frame since the  2012 debut of Facebook, or is it destined to fade as just another snapshot? We debate! Sponsors:Rippling: https://bit.ly/acquiredripplingStatsig: https://bit.ly/acquiredstatsig25Odd Lots: https://bit.ly/acquiredoddlotsServiceNow: https://bit.ly/acquiredsnMore Acquired!Get email updates with hints on next episode and follow-ups from recent episodesJoin the SlackSubscribe to ACQ2Merch Store!© Copyright 2015-2025 ACQ, LLCTopics covered include: Reference to our previous Acquired episode on Snap covering Facebook’s failed attempt to acquire the company in 2013, which goes deep on Snap’s origins and early historySnap’s busy years since: launching Discover,  Lenses,  Geofilters,  new Chat,  Memories, an  ads API, acquiring Bitmoji, and, of course,  debuting SpectaclesThe incredible document that is  Snap's S-1 filing (read starting from the  “BUSINESS” section on p.93)Snap Inc’s “unique” voting structureEvan Spiegel’s “CEO Award” bonus for successfully completing an IPO: an extra 3.0% of the company worth more than $600MSnap’s IPO pricing, first day of trading “pop”, and momentum carried into day two Introducing a new show section (for IPOs): Narratives!  Snap  is a “camera company"Snap's opportunity is  winning television ad dollarsSnap is a cult of the “product genius”Snap has a growth problem… and its name is Instagram (Stories)Snap has a cost problem: the (first?)  gross margin negative IPOWall Street to Evan: “we trust you… for now"Chris Sacca’s biggest email fail of 2012…And of course all the classics from the Acquired canon: waves, moats, flywheels, network effects, starting small and more!   The Carve Out: Ben:  The Bill Simmons Podcast with Ben ThompsonDavid: The Art of War, also Evan Spiegel’s Carve Out for 2013 :)

What's haunting Carrie Poppy? Is it ghosts or something worse? In this talk, the investigative journalist narrates her encounter with a spooky feeling you'll want to warn your friends about and explains why we need science to deal with paranormal activity. Hosted on Acast. See acast.com/privacy for more information.

Singer, songwriter and actress Sara Ramirez is a woman of many talents. Joined by Michael Pemberton on guitar, Ramirez sings of opportunity, wisdom and the highs and lows of life in this live performance of her song, "Rollercoaster." Hosted on Acast. See acast.com/privacy for more information.

Michael Mankins, Bain & Company partner and head of the firm's Organization practice, explains how organizations unintentionally fail to manage their employees' time and energy. He also lays out what managers can do to reduce what he calls organizational drag. Mankins is a coauthor of "Time, Talent, Energy: Overcome Organizational Drag and Unleash Your Team’s Productive Power."

The irony of our systems working so well -- technological, corporate, and yes, even political -- is that we've become too comfortable: matching to others just like us, producing less, taking fewer risks. But isn't the very point of technology to make...