TubeSum ← Transcribe a video

Ben Horowitz on Winning vs Picking

Published Feb 4, 2026 Transcribed Jul 14, 2026 A a16z
Views
⚡ —
VPH
V/S

AI Summary

✂️ Creator Tools: Viral Hooks

AI-generated clip ideas for Shorts based on the transcript

Winning the deal is key

42s

Challenges the common belief that picking the right deal is most important, revealing that winning it is the real differentiator.

▶ Play Clip

the winners get the best investors over time. There's kind of two parts to getting good returns, like picking the right deal and winning it. Winning it uh is a much bigger percentage of that equation than people like to give credit for. If you can't win it, >> then you're still never going to have good returns. And so being able to win automatically, I would say, gets you to the top tier of returns. [music] And then, you

know, picking kind of moves you up that list. If you can win, >> then [clears throat] the best pickers want to join you cuz like they want to actually be in the deals they want to be in. Like if you're an investor and you go, "Hey, I think that's the future. [music] I think that's the greatest entrepreneur I've met." And you can't invest in it. Like that's very frustrating. [music]

⚡ Saved you time reading this? Transcribe any YouTube video for free — no signup needed.