Summation with Auren Hoffman

Summation with Auren Hoffman

Non-obvious ideas that move the world. Auren Hoffman hosts leaders across tech, business, markets, and government. Summation is the permanent home for the relentlessly curious. Auren is CEO of NQB8, GP at Flex Capital, Chairman of Dialog; former CEO of SafeGraph and LiveRamp (NYSE: RAMP).

Episodes

June 23, 2026 49 mins

Anders Jones is the CEO and co-founder of Facet, a fintech company built to bring high-quality, flat-fee financial advice to an underserved market: the mass affluent. Facet has raised over $250M and manages more than $7B. Anders has seen the real finances of tens of thousands of households.

In this episode of Summation, Anders and Auren discuss:

  • why the percentage-of-assets fee is the greatest heist in finance
  • the retention data s...
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Charles Duhigg is a Pulitzer Prize-winning journalist and staff writer at The New Yorker. He is the author of The Power of Habit, Smarter Faster Better, and Supercommunicators. His work focuses on the science of habits, productivity, decision-making, and human connection.

In this episode of Summation, Charles and Auren discuss:

  • why producing the words is only 10% of an author's job, and the 90% AI can't do
  • what GLP-1s actually do ...
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Chris Farmer is the founder and CEO of SignalFire, an early stage venture firm managing over $3 billion. 

In this episode of Summation, Chris and Auren discuss:

  • why the time to return 1x has stretched to 9+ years and funds are lasting 20 years
  • the engineering hiring boom hiding behind the layoff headlines
  • the five functions of a VC firm and the one place data helps the least
  • why almost all conventional career advice is now bad
  • <...

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This episode is a rebroadcast of Auren's appearance on the GTMnow podcast 

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Auren Hoffman (Flex Capital) joins the GTMnow podcast to share some of the most contrarian takes in tech today, from why AI moats are gone, to why your next VC meeting will be with a bot, to why AI is secretly going to trigger a baby boom.

In this episode:

  • Why Auren runs 500+ AI agents to source deals,...
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Jake Stauch is the co-founder and CEO of Serval, the AI-native enterprise service management platform. Serval was founded in 2024 and has already raised over $125M across rounds led by Redpoint and Sequoia at a $1B+ valuation. Before Serval, Jake spent five years on the product team at Verkada and earlier founded NeuroPlus, a brain-sensing hardware company that made video games for kids with ADHD.

In this episode of Summation, Jake ...

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Dmitry Shevelenko is Chief Business Officer at Perplexity. He previously co-founded Tortoise, a robotics and commerce automation startup and held business development roles at Uber, LinkedIn, and Meta. He also serves on the board of Lazard. 

In this episode of Summation, Dmitry and Auren discuss:

  • Why CEOs and executives are Perplexity Computer’s biggest power users and what that says about who wins the AI era
  • Scaling Pe...
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Ben Miller is the co-founder and CEO of Fundrise, an alternative asset management platform that gives individual investors access to private real estate, private credit, and venture capital. In March 2026, he listed the Fundrise Innovation Fund on the NYSE under the ticker VCX, one of the first publicly traded venture capital funds. VCX gives retail investors direct exposure to private companies like Anthropic, OpenAI, Databricks, ...

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Ralph Goff is a 35-year veteran of the CIA, having served as a six-time Chief of Station across Europe, the Middle East, and Central and South Asia. During his career, he also held the roles of Chief of Operations for Europe and Eurasia and Chief of the CIA's National Resources Division. Since leaving government, he advises on national security issues and speaks publicly on intelligence, geopolitics, and great power competition.

In ...

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Glenn Youngkin was the 74th Governor of Virginia. Before politics, he spent nearly 25 years at The Carlyle Group, one of the largest private equity firms in the world, where he rose to co-CEO. During his four-year term, Virginia generated $10B in surplus revenue, delivered $9B in tax relief, attracted $156B in capital investment, and became one of the first states in the country to mandate cell-phone-free classrooms.

In this episode...

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Marco Zappacosta is the co-founder and CEO of Thumbtack, the home services marketplace he started in 2008. Thumbtack connects homeowners to 300,000+ local service professionals, with nearly 100M projects started on the platform. 

In this episode of Summation, Marco and Auren discuss:

  • Why home services is bigger than groceries but barely any is booked online
  • How AI collapsed Thumbtack's product pod sizes
  • Why Silicon Valley unde...
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Eric Ries created the Lean Startup methodology and authored the bestselling book of the same name, which has sold over a million copies. He's also the founder and executive chairman of the Long-Term Stock Exchange, the co-founder of Answer AI (an AI R&D lab), and the author of the upcoming book Incorruptible, releasing May 26th.

In this episode of Summation, Eric and Auren discuss:

  • why "bad governance" companies have outperfo...
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Karl-Theodor zu Guttenberg became Germany's youngest Minister of Defense in history, and previously served as Minister of Economics and Technology. He is the chairman and founder of Spitzberg Partners, an investment and advisory firm, a bestselling author, and co-founder of Open Minds Media, where he produces films and podcasts. He co-hosts one of Germany's most popular podcasts.

In this episode of Summation, KT and Auren discuss:

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Pat Gelsinger is the former CEO of Intel and longtime Silicon Valley leader.  He joins Auren to unpack the forces reshaping technology, geopolitics and leadership.

After more than 30 years at Intel (including serving as its first CTO) and nearly a decade as CEO of VMware, Pat now sits at the intersection of deep tech and purpose-driven innovation as executive chair and head of technology at Gloo and general partner at Playgroun...

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Vlad Tenev (Robinhood co-founder/CEO) and Tudor Achim (former helm.ai CTO) are the founders of Harmonic, an AI lab pioneering the path toward mathematical superintelligence. Together, they developed Aristotle, a model that eliminates hallucinations by reasoning in Lean code rather than natural language. By shifting from probabilistic guesses to formal logic, Aristotle produces 100% verified mathematical outputs. The model recently ...

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John Allen is a retired four-star Marine Corps general who commanded 150,000 US and NATO troops in Afghanistan and built a 65-nation coalition as Special Presidential Envoy to the Global Coalition Against ISIS. After retiring from the military, he led the Brookings Institution as its president. He co-invented the term "hyperwar," holds five AI patents, and co-authored Turning Point: Policymaking in the Era of Artificial Intelligenc...

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Adrian Aoun helped found Torch, a health data platform that was acquired by OpenAI earlier this year. He's also the co-founder of Seneca, which raised $60 million to build autonomous drones for wildfire suppression. Adrian previously founded Forward Health. He previously led special projects for Larry Page at Google, where he founded Sidewalk Labs and helped build Google's AI division.

In this episode of Summation, Adrian and Auren ...

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Tod Sacerdoti is the CEO and co-founder of Pipedream, which recently sold to Workday. Tod is also a general partner at Flex Capital, where he's invested in over 400 companies including Chime, Vercel, Replit, CodeRabbit, Mercury, and many others. He previously founded BrightRoll, a programmatic video advertising platform that sold to Yahoo for $640 million in 2014. 

In this episode of Summation, Tod and Auren discuss:

  • Why see...
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Nirav Tolia is the co-founder and CEO of Nextdoor (NYSE: NXDR), the neighborhood social network with over 105 million users across 350,000 communities worldwide. After stepping down as CEO in 2018, he returned to lead the company in 2024.

In this episode of Summation, Nirav and Auren discuss:

  • Why success kills innovation
  • The death of physical community
  • Why Nextdoor had to change their stock ticker
  • Insider vs Outsider entrepreneurs
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Lieutenant General Mike Fenzel recently retired as a three-star Army General. He most recently served as the United States Security Coordinator for Israel and the Palestinian Authority, navigating one of the world’s most complex geopolitical landscapes. His career is defined by high-stakes leadership, ranging from the immediate aftermath of the September 11th attacks, where he was stationed in the bunker alongside Vice Presid...

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Martin Shkreli is the co-founder of DL Software, the parent company of Godel Terminal, a Bloomberg competitor for financial data. He previously founded the biotech companies Retrophin and Turing Pharmaceuticals and the hedge fund MSMB Capital Management. 

In this episode of Summation, Martin and Auren discuss:

  • The structural reasons fintech is less competitive than other industries
  • How drug discovery actually works (and doing...
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