
Drew is a founding partner of 8VC. He focuses on investments across various stage and sectors including vertical software, health delivery, and biomanufacturing.
He is also a founding Board Director of Affinity Technologies, an early stage enterprise software company. Previously Drew was a partner at Formation 8. Before that he served as Chief of Staff to Joe Lonsdale.
Drew serves on the Competitiveness Council for Cerberus Capital Management. He is also a Trustee of LivingOnOne, a non-profit impact production studio; WeAreThorn, a NGO which leverages technology to eliminate child trafficking; and the Claremont McKenna College Center for Innovation and Entrepreneurship.
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Quince Crosses the Chasm
In economics, there’s a class of goods where demand rises as price rises. These are referred to as Veblen goods, named after economist Thorstein Veblen who coined the phenomenon of “conspicuous consumption.” For certain products, the price is the product. An Hermès Birkin doesn’t cost upwards of $20K because of the leather. It retails for this price because costing $20K is the point. The scarcity and price aren’t bugs, but the entire feature set. This is why “affordable luxury” is an oxymoron. If you make it affordable, you destroy the very thing that makes it luxury.

Quince Crosses the Chasm
In economics, there’s a class of goods where demand rises as price rises. These are referred to as Veblen goods, named after economist Thorstein Veblen who coined the phenomenon of “conspicuous consumption.” For certain products, the price is the product. An Hermès Birkin doesn’t cost upwards of $20K because of the leather. It retails for this price because costing $20K is the point. The scarcity and price aren’t bugs, but the entire feature set. This is why “affordable luxury” is an oxymoron. If you make it affordable, you destroy the very thing that makes it luxury.
From Credentials to Credibility: Introducing MeritFirst
Meritocracy is the essence of the American Dream, but in reality, it’s much easier for employers to spot prestige than proficiency. That’s why we’re building MeritFirst with Sam Lessin and Zack Ganieany, and helping a fast-growing community of top companies systematically assess real-world ability.
From Credentials to Credibility: Introducing MeritFirst
Meritocracy is the essence of the American Dream, but in reality, it’s much easier for employers to spot prestige than proficiency. That’s why we’re building MeritFirst with Sam Lessin and Zack Ganieany, and helping a fast-growing community of top companies systematically assess real-world ability.
How 8VC Builds Billion-Dollar Companies | Palantir, Addepar, Saronic
How 8VC Builds Billion-Dollar Companies | Palantir, Addepar, Saronic
The AI Services Wave: Lessons from Palantir in The New Age of AI
Last month, the first company I co-founded, Palantir, joined the S&P 500. For most of 20 years, the naive mainstream view of Palantir was that it was a “glorified consultancy” – a services firm and not a real tech innovator building SaaS “products” or “platforms”. To dismiss Palantir early on was short-sighted, given they’d hired some of Silicon Valley’s top tech talent, but it was based on a factual observation: unlike most software businesses, many of our engineers spent significant time working alongside our customers. We called this team “Forward Deployed Engineers”, and they obsessed over the intricacies of our customers’ daily work, business models, and pain points.
The AI Services Wave: Lessons from Palantir in The New Age of AI
Last month, the first company I co-founded, Palantir, joined the S&P 500. For most of 20 years, the naive mainstream view of Palantir was that it was a “glorified consultancy” – a services firm and not a real tech innovator building SaaS “products” or “platforms”. To dismiss Palantir early on was short-sighted, given they’d hired some of Silicon Valley’s top tech talent, but it was based on a factual observation: unlike most software businesses, many of our engineers spent significant time working alongside our customers. We called this team “Forward Deployed Engineers”, and they obsessed over the intricacies of our customers’ daily work, business models, and pain points.
Drew Oetting On Building An $8 Billion Venture Capital Firm To Invest In Startups That Are Fixing Our Broken World
Drew Oetting is one of the biggest forces providing the financial fuel this new generation of fast-growing, super-sized startups need to make it. His venture capital firm, 8VC, has invested in startups like Unlearn, Chaos, Tome, and Ushur.
Drew Oetting On Building An $8 Billion Venture Capital Firm To Invest In Startups That Are Fixing Our Broken World
Drew Oetting is one of the biggest forces providing the financial fuel this new generation of fast-growing, super-sized startups need to make it. His venture capital firm, 8VC, has invested in startups like Unlearn, Chaos, Tome, and Ushur.





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