The $75m was a 2018 series B. Atrium has been spending that money for 18 months, and probably quickly. So A16Z isn’t getting back anything close to $75m. Just

The $75m was a 2018 series B. Atrium has been spending that money for 18 months, and probably quickly. So A16Z isn’t getting back anything close to $75m. Just “some.” Part of this seems like courtesy among the big boys who want to play again. I doubt Atrium wants to tick off A16z by making dubious claims to the remaining cash.