🎙️ podcast Analysis December 31, 2025 The a16z Show

The Single Trigger Doctrine: Why Growth Conviction Beats Committee Consensus

Financial Services - Crypto Gaming/Metaverse
Tickers
2 Picks
Conviction MEDIUM
Risk Profile 1.7/10 (MODERATE RISK)
Horizon 5-7 years
Signal Snapshot Core Theme: Growth Investing

Growth investors focus on business model quality and committee validation

Alpha comes from non-consensus TAM views and single-trigger conviction

TAM expansion validation; Market leadership emergence

Executive Summary

A16z's David George reveals the firm's growth investing doctrine centers on a contrarian framework: exceptional business models are merely table stakes, while alpha generation comes from non-consensus views on total addressable market (TAM). George's track record validates this approach—he passed on Qualtrics at GA due to price sensitivity, missing a company that 'figured out a huge market hiding in plain sight.' The firm's single-trigger decision model eliminates committee politics and measures...

Key Investment Opportunity

Roblox Platform Evolution Beyond Gaming

Roblox transcends 'kids game' consensus view to become broader co-experience platform, representing massive TAM expansion

...and 1 more investment opportunities

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