It's a classical pull signal from a VC. While the valuation is on a 100 million they paid $10 million in primary capital and at least $2 million in secondary sh

It's a classical pull signal from a VC. While the valuation is on a 100 million they paid $10 million in primary capital and at least $2 million in secondary shares. But the amount of attention this generates is enormous. Everybody and their grandmother with a startup is going to apply to A16Z. The opportunities generated from that is worth 10 million at least. It is just a better mouse trap in an economy bracing for the impact of a recession. VC do not deploy marketing resources to normal channels they signal value through deal channels that do not make sense to other people. It is effective because even on the channel of a competing VC we are talking about A16Z.