I've had my morning coffee and it's dawning on me what this means (dawning slowly because it is quite a change). Yes, A16Z gets to extend its reach, as if inves

I've had my morning coffee and it's dawning on me what this means (dawning slowly because it is quite a change). Yes, A16Z gets to extend its reach, as if investing in seed and growth stage tech companies wasn't risky+lucrative enough. Maybe I'm conservative, but I'd rather they stuck to their knitting (which they're pretty damned good at). There are downsides to this 'diversification' first and foremost, losing focus, but also risk. Basically, I can't help but think of SV's overall trend towards Too Big To Fail. I'm not a fan of crypto at all. Re-structuring A16Z so that they can bet on that seems worse than silly. Real estate? Perhaps they can bet on Chinese ghost cities as well.