Nick Hanauer, Early Internet Adopter

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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This week on our Masters in Business radio podcast, we speak with tech entrepreneur, venture capitalist and philanthropist Nick Hanauer, co-founder of Second Avenue Partners.

Hanauer was an early adopter of the Internet and the first outside investor in He went on to become founder and chairman of Aquantive Inc., an online advertising firm sold to Microsoft in 2007 for $6.4 billion in cash. Some of his other investments include Insitu group, purchased by Boeing for $400 million, and Market Leader, purchased by Trulia in 2013 for $350 million.

The full podcast can be heard on iTunes, SoundCloud and Bloomberg. Earlier podcasts can be found on iTunes and at (The books discussed during the podcast can be found here.)

Next week we speak with Evercore ISI Chairman Ed Hyman.

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at

To contact the editor on this story:
James Greiff at