Tony James
The a16z Show
Building Blackstone, Backing Costco, with Tony James
- Published
- May 5, 2026
- Duration
- 1h 23m
- Summary source
- description
- Last updated
- Jun 24, 2026
Discusses David Haber speaks with Tony James about building enduring firms across multiple eras of finance. Fr…
Summary
David Haber speaks with Tony James about building enduring firms across multiple eras of finance. From joining DLJ when it was a subscale firm to helping grow Blackstone into one of the largest asset managers in the world, James reflects on the decisions, structures, and cultural principles that enabled long-term success. They discuss the origins of lever…
Intelligent Report
Sign in to read teasers, or upgrade to Research Pro to commission intelligent report for this episode. Learn more →
Show notes
David Haber speaks with Tony James about building enduring firms across multiple eras of finance. From joining DLJ when it was a subscale firm to helping grow Blackstone into one of the largest asset managers in the world, James reflects on the decisions, structures, and cultural principles that enabled long-term success. They discuss the origins of leveraged buyouts, the evolution of private markets, and how identifying structural opportunities early can create lasting competitive advantage. Ja