Why One of Silicon Valley's Wealthiest Investment Firms is Betting on Internet Creators
Play • 1 hr 12 min

Lester Chen is the former global head of gaming creators at YouTube and a partner at Andreessen Horowitz, one of Silicon Valley's most wealthy investment firms. This week, YouTube's fifth-most subscribed creator MrBeast announced he is raising $150 million on a $1.5 billion valuation, a massive amount of capital for an Internet creator. Lester joins the show to discuss the shift happening in the creator industry and how creators are formalizing their businesses.

"There are ton of creators that are making tens of millions of dollars just through ad [revenue], but very few of them wanna expand their businesses to actually build out like these functional new ventures. He has the microphone right now and what do you command with that microphone? Where does it actually tie into the DNA of what he already does from a content perspective is like kind of a question."

You can follow Lester and a16z here.

Enter for a chance to win a Elgato Wave 3 microphone and Facecam: https://gleam.io/5YM7Q/visionaries-giveaway. Terms and conditions apply.

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