Investing in Pave | Andreessen Horowitz

A few months ago I was at a conference where Robin Hanson spoke about prediction markets.[1] He argued that given how much of companies' outcomes are driven by who they choose to hire, and how non-rigorous the process of selecting employees and revisiting those selections is, there's a literal trillion-dollar opportunity in getting it right. Predic... See more

I believe a new class of job-picking tools will emerge combining wealth management, career progression, and taxes. Glassdoor 2.0 will feel more like a PitchBook and less like a job board. Employees will be able to run projections and simulations that neatly tie considerations across their whole financial stack.

Corporate executives often say “employees are our greatest asset” or “we’re investing in talent.” This has always been true figuratively: people are important, and training them is worthwhile. But as talent becomes more important, people will literally become assets that organizations can invest in. In the process, these organizations will adopt ne... See more