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Acquired
Acquired
Ben Gilbert and David Rosenthal

Every company has a story. Learn the playbooks that built the world’s greatest companies — and how you can apply them as a... more

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Episodes

Microsoft

Microsoft. After nearly a decade of Acquired episodes, we are finally ready to tackle the most valuable company ever created.... more

22 Apr 2024 · 4 hours, 23 minutes
Renaissance Technologies

Renaissance Technologies is the best performing investment firm of all time. And yet no one at RenTec would consider themselves... more

18 Mar 2024 · 3 hours, 10 minutes
Hermès

In luxury, there’s Hermès… and there’s everyone else. Stewarded by one French family over six generations, Hermès sells the absolute... more

20 Feb 2024 · 4 hours, 10 minutes
Novo Nordisk (Ozempic)

Last year Novo Nordisk, the Danish pharmaceutical company behind Ozempic and Wegovy, overtook LVMH to become Europe’s most valuable company.... more

22 Jan 2024 · 3 hours, 44 minutes
Holiday Special 2023

Ben has some big news. Actually, double big news! On what has become a holiday tradition here at Acquired, we... more

18 Dec 2023 · 2 hours, 25 minutes
Visa

To paraphrase Visa founder Dee Hock, how many of you know Visa? Great, all of you. Now, how many of... more

27 Nov 2023 · 3 hours, 42 minutes
Charlie Munger

We sit down with the legendary Charlie Munger in the only dedicated longform podcast interview that he has done in... more

30 Oct 2023 · 1 hour, 6 minutes
NVIDIA CEO Jensen Huang

We finally sit down with the man himself: Nvidia Cofounder & CEO Jensen Huang. After three parts and seven+ hours... more

16 Oct 2023 · 1 hour, 29 minutes
Nvidia Part III: The Dawn of the AI Era (2022-2023)

It’s a(nother) new era for Nvidia.We thought we’d closed the Acquired book on Nvidia back in April 2022. The story... more

06 Sep 2023 · 2 hours, 53 minutes
Costco

Costco is not only Charlie Munger’s favorite company of all time (plus he’s on the board, natch), it’s an absolutely... more

21 Aug 2023 · 3 hours, 1 minute
Nike

Nike — it’s perhaps the most iconic and most prolific brand of the modern era. On any given day, swooshes... more

25 Jul 2023 · 4 hours, 2 minutes
Porsche (with Doug DeMuro)

Nobody’s perfect — including Porsche. Despite that phrase appearing in their famous 1983 magazine advertisement, they managed to get damn-close... more

27 Jun 2023 · 3 hours, 21 minutes
Uber CEO Dara Khosrowshahi

Uber CEO Dara Khosrowshahi dropped by the Acquired studio for an Eats delivery, so we broke out the cameras and... more

13 Jun 2023 · 1 hour, 36 minutes
Lockheed Martin

Today we bring you two absolutely incredible stories. The first is Lockheed’s legendary Skunk Works division — the elite team... more

30 May 2023 · 3 hours, 36 minutes
Spotify CEO Daniel Ek

We sit down with Spotify CEO Daniel Ek live in Stockholm at Spotify’s amazing HQ studio (check out the video... more

18 May 2023 · 1 hour, 37 minutes
Benchmark’s Mitch Lasky and Blake Robbins on The Art of Business in Gaming

We sit down Benchmark’s legendary gaming investors Mitch Lasky and Blake Robbins (now also of the excellent Gamecraft podcast fame)... more

26 Apr 2023 · 2 hours, 15 minutes
Short: The Death of Sega

Sega and the Genesis was THE underdog story of the early 90’s. In a single console generation, Sega went from... more

18 Apr 2023 · 1 hour, 7 minutes
Nintendo: The Console Wars

In the 1980’s Nintendo was on top of the world, with the NES achieving over 90% market share of home... more

11 Apr 2023 · 3 hours, 17 minutes
Interview: Hamilton Helmer & Chenyi Shi on How to Build an AWS-Like Second Business

7 Powers author Hamilton Helmer and his Strategy Capital colleague Chenyi Shi join us again to discuss their latest research... more

04 Apr 2023 · 1 hour, 29 minutes
Sessions: David Senra (Founders Podcast)

ACQ Sessions returns with David Senra of the Founders Podcast. David is one of our very favorite people in the... more

29 Mar 2023 · 3 hours, 18 minutes
Nintendo's Origins

You may think you know the Nintendo story: a plumber named Mario, a princess named Zelda… and didn’t they buy... more

16 Mar 2023 · 3 hours, 25 minutes
LVMH

We tell the full history of LVMH, and how Bernard Arnault turned a $15m investment in a bankrupt French textile... more

21 Feb 2023 · 3 hours, 31 minutes
The NFL

The NFL — it’s almost synonymous with America today. And its history is a fascinating lens to explore the nation’s... more

25 Jan 2023 · 3 hours, 46 minutes
Holiday Special 2022

Cozy up to the fire and join Acquired as we do our annual strategic review of the show and our... more

19 Dec 2022 · 2 hours, 19 minutes
Stratechery (with Ben Thompson)

Ben Thompson joins Acquired to discuss the business of Stratechery itself and celebrate 10 years (!) of the internet’s best... more

06 Dec 2022 · 1 hour, 54 minutes
Enron

The FTX fraud has dominated headlines now for weeks, during which we’ve debated if and how Acquired could uniquely add... more

29 Nov 2022 · 3 hours, 31 minutes
Qualcomm

Qualcomm, or “Quality Communications” — despite being one of the largest technology companies in the world, few people know the... more

15 Nov 2022 · 2 hours, 26 minutes
Benchmark Part II: The Dinner

We sit down with all five current Benchmark GPs for one of their legendary weekly dinners, during which we ask... more

17 Oct 2022 · 1 hour, 59 minutes
ACQ Sessions: Jason Calacanis

We kick off ACQ Sessions with the-behind-the-scenes story of All-in, from the world’s greatest moderator himself Jason Calacanis. ACQ Sessions... more

04 Oct 2022 · 2 hours, 30 minutes
Benchmark Part I

Benchmark Capital. We tell the tale of the legendary equal partnership that accomplished something no other venture firm can claim:... more

28 Sep 2022 · 3 hours, 42 minutes
Amazon Web Services

So, how DID an online book retailer end up building the infrastructure layer that powers the entire internet? (Or at... more

06 Sep 2022 · 2 hours, 43 minutes
Howard Marks & Andrew Marks: Something of Value

We sit down with legendary investor Howard Marks of Oaktree Capital and his son Andrew who, while less-well-known, is also... more

30 Aug 2022 · 1 hour, 29 minutes
Amazon.com

Amazon. No company has impacted the internet — and all of modern life — more than this one. We’ve waited... more

16 Aug 2022 · 4 hours, 16 minutes
From NFL to Startup COO to Congressman Regulating Crypto (with Rep. Anthony Gonzalez)

This episode is a first for Acquired: we’re joined by a sitting US Congressman (from Ben’s home state of Ohio!),... more

02 Aug 2022 · 1 hour, 55 minutes
Walmart

We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder... more

19 Jul 2022 · 2 hours, 59 minutes
The Playbook: Lessons from 200+ Company Stories

When Patrick O'Shaughnessy and Brent Beshore asked us to give a talk at their incredible Capital Camp conference, we knew... more

20 Jun 2022 · 1 hour, 2 minutes
American Dynamism (with Katherine Boyle)

We sit down with a16z General Partner Katherine Boyle to discuss investing in “American Dynamism”, why it’s so important and... more

06 Jun 2022 · 1 hour, 16 minutes
Capital-Efficient Growth (with Zoom CEO Eric Yuan & Veeva CEO Peter Gassner)

We sit down with the CEO founders of two of the most capital efficient success stories of all time —... more

19 May 2022 · 1 hour, 6 minutes
Arena Show Part II: Brooks Running (with CEO Jim Weber)

For the final act of the Arena Show, we’re joined by Brooks CEO Jim Weber to tell the amazing story... more

16 May 2022 · 1 hour, 10 minutes
Arena Show Part I: Idea Dinner + YC Continuity

We did an Arena Show!! This evening was so big and so special, we had to split it into two... more

12 May 2022 · 1 hour, 26 minutes
Nvidia Part II: The Machine Learning Company (2006-2022)

By 2012, NVIDIA was on a decade-long road to nowhere. Or so most rational observers of the company thought. CEO... more

20 Apr 2022 · 2 hours, 11 minutes
Platforms and Power (with Hamilton Helmer and Chenyi Shi)

We sit down once again with one of the world’s very best strategy thinkers, 7 Powers author Hamilton Helmer —... more

06 Apr 2022 · 1 hour, 22 minutes
Nvidia Part I: The GPU Company (1993-2006)

He wears signature leather jackets. He can bench press more than you. He makes cars that drive themselves. He’s cheated... more

28 Mar 2022 · 1 hour, 58 minutes
Altimeter (with Brad Gerstner)

We hear a lot these days about hedge funds becoming venture firms, and venture firms becoming hedge funds. But a... more

15 Mar 2022 · 1 hour, 52 minutes
SONY

Born in the unlikeliest of places — the terrible, wasteland-like aftermath of post WWII Japan — Sony rose to capture... more

07 Mar 2022 · 3 hours, 1 minute
Super Pumped (with Brian Koppelman and Joseph Gordon-Levitt)

We sit down with two of the most talented and respected people in Hollywood — Brian Koppelman and Joseph Gordon-Levitt... more

22 Feb 2022 · 1 hour, 2 minutes
The Browser (with Brendan Eich, Chief Architect of Netscape + Mozilla and CEO of Brave)

We sit down with perhaps the only person besides Marc Andreessen who’s had a major influence on each of the... more

15 Feb 2022 · 1 hour, 41 minutes
Peloton

The Peloton journey has been one seriously wild ride. From can’t raise money to one of Tiger Global’s first venture... more

10 Feb 2022 · 2 hours, 18 minutes
Taylor Swift (Acquired’s Version)

Not only is Taylor Swift the biggest music artist of our generation by nearly every metric (it’s not even close!),... more

23 Jan 2022 · 2 hours, 37 minutes
CAA (with Michael Ovitz)

Season 9 ends at the beginning — with the man who changed Hollywood forever and wrote the blueprint for A16Z’s... more

21 Dec 2021 · 1 hour, 50 minutes
FTX (with Sam Bankman-Fried & Mario Gabriele)

Note: This episode was published on Dec 14, 2021, approximately a year before FTX’s subsequent meltdown. The apparent negligence, fraud... more

15 Dec 2021 · 1 hour, 34 minutes
7 Powers with Hamilton Helmer

You've heard us talk about him every episode for the past two years... but until now most of you have... more

08 Dec 2021 · 1 hour, 2 minutes
Not Boring (with Packy McCormick)

When does a creator become a company? Who says that media companies — or venture firms — have to be... more

03 Dec 2021 · 2 hours, 45 minutes
Complexity Investing & Semiconductors (with NZS Capital)

Of our 65+ sources for the TSMC episode, one stood above the rest: a wonderful Knowledge Project episode with Brinton... more

03 Nov 2021 · 1 hour, 42 minutes
Standard Oil Part II

We bring the epic saga of Standard Oil and John D. Rockefeller to a close (for now) with two of... more

18 Oct 2021 · 2 hours, 21 minutes
Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More

We sit down with the one & only Michael Mauboussin to dive deep into his incredible body of work: untangling... more

05 Oct 2021 · 1 hour, 23 minutes
Standard Oil Part I

It's time. We dive into the *original* American capitalist mega winner, Standard Oil, and its legendary founder John D. Rockefeller.... more

22 Sep 2021 · 2 hours, 12 minutes
TSMC

It's time. We dive into the unbelievable history behind the quietest technology giant of them all — and as of... more

07 Sep 2021 · 2 hours, 33 minutes
Kevin Rose from Web 2.0 to Web3

We sit down with the one and only Kevin Rose to talk about his journey from pioneering Web 2.0 with... more

30 Aug 2021 · 1 hour, 39 minutes
Andreessen Horowitz Part II

Alright, backstory's out of the way, and Acquired is rolling three hours deep on the venture firm that changed the... more

10 Aug 2021 · 2 hours, 53 minutes
Acquired
Standard Oil Part I
Acquired
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Description

It's time. We dive into the *original* American capitalist mega winner, Standard Oil, and its legendary founder John D. Rockefeller. This company... more